Hints and tips:
...The company expected the factory to reach production of as many as 500,000 cars a year when it reached full capacity, the people said....
...That raises concerns they will lose faith in the long-term value of 401(k) and other retirement savings plans and reduce contributions....
...But the A class shares trade at $634,030 — meaning a single share is worth four times as much as the average 401(k) plan on Vanguard’s numbers. Sure, no splits means missing out on froth....
...Nearly 500 advisers, reviewers, contributors and readers have written resignation letters to Wiley in protest at the “mainstreaming” of the Gender, Work and Organization journal, claiming it has changed...
...Peloton revealed the figures in a proxy filing on Tuesday that also said that co-founder and former chief executive John Foley cashed out $97mn worth of shares in the 12 months to June 2022, while five other...
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
...“A frothy market, particularly on the equity side, will present an opportunity for many companies to access a free lunch,” said John McClain, a portfolio manager at Brandywine Global Investments....
...First, they tried McKinsey’s statistical approach on S&P 500 companies, and found no significant relationship. Second, they fault McKinsey’s methodology....
...If other CEOs out there (other than John Ridding) have complaints, send them to: robert.armstrong@ft.com and ethan.wu@ft.com....
...Last year he made $500,000 selling merchandise alone....
...Since mid-May, NRG’s shares have risen 47 per cent, compared with a 10 per cent loss for the S&P 500 utilities index. Shares of NRG fell 1 per cent in early trading on Monday....
...“It’s inexorable,” says John Rekenthaler, who has been tracking mutual funds for Morningstar since the 1980s. “I don’t see what a mutual fund can do better than [an] ETF . . ....
...It is that gulf that made the duo the John Lennon and Paul McCartney of the investment world....
...Shares in DR Horton, Lennar and NVR, which Berkshire disclosed it owned this week, have risen about a third apiece this year, far outpacing the S&P 500 stock index....
...“The narrative has taken over that EVs aren’t growing,” Ford chief financial officer John Lawler said this week. “They’re growing . . ....
...And so Citi is then in this long protracted fight over around $500 million, trying to get that money back that they accidentally transferred....
...The venue and the company then split the income the new courts generate. There are risks....
...A spokesman for BDO, the joint administrators, says that the company has appointed the art advisory business Gurr Johns “to assist in the detailed process of returning artworks to their established owners...
...NRG’s share price surged, becoming the best-performing stock on the S&P 500 index that year....
...The reason the chart is scary is not simply because of the dizzying ascent of the two tech companies....
...(Wu & Armstrong) One good read John Plender on the lessons from the long bull market in bonds....
...In addition to the minutes, New York Fed president John Williams is scheduled to speak at an event....
...John Fithian, head of the National Association of Theatre Owners, told the Financial Times that discussions are under way with Apple, Amazon and Netflix about wider theatrical releases of their films and...
...What’s in it for companies Companies have used the bankruptcy process to manage large tort liabilities in the US since the early 1980s, when insulation manufacturer Johns Manville Corporation filed for...
...At the end of 2021, Vanguard, BlackRock and State Street, the three biggest index fund providers, together control on average 18.7 per cent of S&P 500 companies, according to Lazard....
International Edition