Hints and tips:
Related Special Reports
...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...A YouTube user called PluggingAI offers songs imitating the voices of the deceased rappers Tupac and Notorious B.I.G....
...local car services....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...UK companies news will be peppered with trading updates, notably supermarket chains Marks and Spencer, J Sainsbury and Tesco, discount retailer B&M and Greggs, purveyor of hot pastry snacks such as the vegan...
...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
...Eyman is a veteran film critic whose previous biographical subjects include Mary Pickford, John Ford and Cecil B DeMille....
...We have a 70 per cent service-sector economy. Historically, there’s only been 13 quarters of negative growth in 100 years of the service sector....
...The return of Ma Baidu was once known as the “B” in BAT, beside Alibaba and Tencent in the acronym synonymous with Big Tech in China....
...The largest holder of Paramount’s B shares is Warren Buffett’s Berkshire Hathaway, which in 2022 disclosed a stake of about 75mn shares at $28 per share — almost twice the share price today....
...“The fact the economy has stayed resilient even if overall growth has been subdued, that is a very positive thing,” said Christopher Rossbach, chief investment officer of J Stern & Co, a longtime shareholder...
...The lead plaintiff is an individual, Richard J....
...To manage the growing liability, J&J deployed a controversial bankruptcy manoeuvre known as the Texas two-step....
...The retail report underscores one complexity of this cycle: the unstable balance of goods and services spending. As we noted last month, the goods-back-towards-services rebalancing may well be over....
...This matter was reviewed by executive management and in discussion with the Board it was decided to appoint an external professional services firm (Big Four Accounting Firm) to assist in performing a number...
...Meanwhile, far larger and more arbitrary war crimes trials happened elsewhere in Asia, leading to at least 1,000 executions of so-called Class B criminals, and an unknown number following trials held by...
...Moody’s Investor Service said the talc ruling was a “credit negative” for J&J but would not affect its triple A rating....
...AE-J: On the flip side of this, you had identified experiences as a $1.4tn addressable market. Recently, you’ve paused new listings of experiences to focus on the core service....
...The downgrade from double B plus, S&P’s highest non-investment grade, to double B came after SoftBank’s tech-heavy Vision Funds this month posted record annual investment losses of $39bn....
...Under the deal with Apollo, which marks one of the largest deployments of private capital into professional services, ownership of BDO USA will remain in the hands of employees, but now shared among the...
...“There is no Plan B,” said Prommin. “The people are waiting. What else do you suggest?” A version of this article was first published by Nikkei Asia on November 28. ©2023 Nikkei Inc....
International Edition