Hints and tips:
...Goodwin has announced 14 new partners including five in its private equity practice....
...Credit card company Visa also reports on a busy results day that includes Coca-Cola, UPS, Raytheon, General Electric, 3M, and General Motors, Economic indicators: US home prices in 20 big cities are expected...
...(FT) Triple dipping The UK tax authority has accused General Electric of a $1bn fraud, deceiving HM Revenue & Customs into a “triple dip” tax advantage. Here’s the back-story....
...Henry Sanderson 12....
...The first was General Electric, which in 1994 was selling Kidder Peabody, the beleaguered brokerage, but was unsure how to price the assets on its balance sheet....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...(Incidentally, for my money, Cronenberg’s scuffed aesthetic has dated at least a little better than the gleaming postmodernism of Neo and Trinity et al.)...
...GE buys time with sale of life sciences unit General Electric’s new chief executive Larry Culp took his biggest step in breaking up the storied conglomerate on Monday....
...The recent insurance blow-up at General Electric and its former subsidiary Genworth illustrate the danger of poor underwriting. But do not expect the insurance push to abate....
...During that time, the TV company that diversified into self-driving electric cars suffered a cash crunch and called off overseas acquisitions....
...Karl-Thomas Neumann, the former chief executive of Opel and Continental, has joined electric vehicle start-up Evelozcity. Read the full story about his move here....
...General Electric, US industrials conglomerate, is disposing of $20bn worth of its assets (read more here)....
...● Related Lex note: General Electric — out of stock ● Lex note: CenturyLink/Level 3 — Pipe-fitting Shell surges ahead of rival BP after £35bn takeover Better than expected third-quarter results from...
...— Recent research by Gorton et . al about the form and role of banks as maturity transformers and creators of “private money” is very relevant to this discussion....
...I think that is where it gets scary for the Dollar Generals and Walmart,” he says....
...Azevedo et al called it something different — “in the nature of a bribe”....
...(Wall Street Journal) Comcast buys out GE’s NBC stake: The cable operator will buy the 49% of NBC Universal it doesn’t own from General Electric’s for $16.7bn, two years after buying a controlling stake...
...Indeed, “whilst all money is credit, not all credit is money: it is the possibility of transfer that makes the difference”....
...Abrahamson et al find evidence that “strategic pricing” (implicit collusion) is as strong as ever in the US IPO market....
...The fees these firms were paying the banks were far larger than fees from companies such as General Electric, making them Wall Street’s most powerful clients – and increasingly competitors as well....
...General Electric, the US conglomerate, Indonesia and Singapore issued their first Islamic bonds last year, and bankers and lawyers say governments and companies in the UK, Russia and France are also considering...
...Here it is: We have discussed ‘naked’ CDS ad nauseum before when this was supposedly an issue in the US with Lehman et al. We also discussed it when the sovereign scare first started up....
...John, London, UK DB: The threat is much greater than our politicians care to give credit for. Messrs Cable, Darling et al say they don’t care! They should....
...A judge in Regina v....
...Related links: Prince Al-Waleed reviewing portfolio – FT...
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