Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...Leave your credit card in your wallet, don’t go near an ATM, and come armed with US dollars in cash that you can change into pesos on the ground. Not just any dollars, crisp $100 dollar bills....
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...Francis in 2018 described credit default swaps as “a ticking time bomb” and “unacceptable from an ethical point of view”....
...Appearing via video link from a locked down Madrid, Ms Botin said those estimates were based on a “V-shaped” recession — a sharp shock followed by a rapid recovery, but stressed this was only one possible...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Much of that fee — between £120.2m and £135.2m — will go to the likes of Credit Suisse, Citigroup and Goldman Sachs for providing financing for the deal....
...ASX was an early investor in DAH, alongside more than a dozen financial and technology groups, including Goldman Sachs, JPMorgan Chase, Citigroup, Santander, BNP Paribas, Accenture, IBM and the Depository...
...The social media group and the music companies have not disclosed financial details of their agreements....
...Each transaction takes 10 minutes to verify while credit card platforms can handle 65,000 transactions a second....
...He said he had already received a “tidal wave” of inquiries from the chief financial officers “of some of the biggest most obvious unicorn companies” and the group plans to repeat the format....
...Who is getting the financial credit? I want firms to share more, if they share credit, then there is a more inclusive group.”...
...However IBM was the biggest fall on Wall Street on Wednesday, tumbling by nearly 5%, after its revenues fell for the 20th quarter in a row....
US stock volatility indices closed at their highest level of the year, US capital markets correspondent Eric Platt reports.
...Edward Barbini, a spokesperson for IBM, said the group “remains a strong investment grade company” with “ample financial flexibility to execute our strategy and capital allocation plans”....
...She was appointed as the first cyber security counsel for a major corporation, at IBM....
...“But with the bad news out for now, it would be easier to aim for a V-shaped recovery.” Despite the writedown, Toshiba maintained there was no change to the potential of its nuclear business....
...In January, a district court judge vacated the guilty pleas of four defendants who were charged with insider trading related to IBM’s 2009 acquisition of software firm SPSS....
..., global co-head of FX, rates and credit at UBS....
...But on Monday, Apple responded by renaming its Passbook app for storing credit cards and tickets as Wallet....
...His first job after the credit crisis hit, a year after he took over, was to stabilise the ship....
...He added that Daniel Ek, Spotify’s chief executive and founder, “deserves a tremendous amount of credit for pushing the rock up the hill”....
...(Financial Times) And your graphic SAC network (Financial Times) IBM is exploring a sale of its semiconductor business in what would be its most significant strategic move since it faced a financial crisis...
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