Hints and tips:
...He added: “If you’re growing at the pace that we are, then the P&L does manifest itself in cash requirements.” Sales at Interpath’s advisory business climbed to £26.9mn, up from £2.8mn a year earlier....
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...Goldman estimates that the median short interest in S&P 500 companies is still remarkably low at 1.7 per cent, but is up from 1.5 per cent at the end of 2021....
...“It’s one of the industries where we’re seeing oil and gas companies focus because they know demand for plastics is only expected to grow in the long term,” said Kirti Vasta, a research analyst at BloombergNEF...
..., UK, US: S&P Global/HCOB services purchasing managers’ index (PMI) figures Indonesia: Q4 GDP figures Mexico: Constitution Day holiday....
...You’re much better off just sticking your money in an index and leaving it there. And value investing in particular has just demonstrated really poor . . ....
...L&I ETFs do not currently pose a risk to UK financial stability, but this could change if they grow in popularity....
...Speaking of silly questions, we’re gonna be back in a minute with Long/Short....
...The shift comes after the benchmark S&P 500 rose by almost a quarter this year, and closes in on its all-time high, and the US continues to pull in initial public offerings from companies around the world...
...However, in order to size the potential maximum impact to banks’ P&L, a scenario we think would be unlikely but possible, for example in times of financial distress, we have assumed that everyone older than...
...“We must go much, much further,” he told L’Opinion newspaper in September....
...And most of the remaining $8 billion to $10 billion after we get through the 2023 portion, which is $3 billion, will be in cost of sales and will be directly benefiting the foundry P&L. . . . well, yeah...
...The S&P Global Clean Energy index has dropped 38 per cent from a recent peak in January 2023 to its lowest level since July 2020 and is down 30 per cent over the past 12 months....
...The biggest offender I could find is the L&G Tracker Trust CTF, which launched in 1999 and in 2023 still has an eye-watering ongoing charge of 1.56 per cent for the £1.3bn invested in the fund....
...There was still time to board P&O Pioneer as a foot passenger, departing at 1.45pm....
...But before the idea of opening Noble Rot blossomed from it being only a wine bar into a wine bar and restaurant, Vivant and L’Avant Comptoir in Paris were the kind of casually charming places we dreamed...
...American equities recorded their longest winning streak in two years after the S&P 500 closed out July 3 per cent higher....
...In an updated prospectus, Birkenstock said that it would sell stock at between $44 and $49 per share, which would raise up to $1.6bn for the company and its private equity owner L Catterton....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...“You can argue that maybe we’re sowing the seeds of that.”...
...Over the past 10 years, the 1.5 per cent the FTSE 100 has returned annually on average has been dwarfed by the 9.7 per return an investor in the S&P 500 has enjoyed....
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...On one hand they have a balance sheet and a P&L like anyone else, and right now they’re not looking great....
...Fink also boasted that BlackRock is the highest-performing financial services stock in the S&P 500 since its 1999 float, delivering total returns of 7,700 per cent....
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