Hints and tips:
...At past peaks, the top five largest tech companies with the greatest price momentum accounted at most for 1.3 per cent of the total value of the S&P 500 index (in 2000)....
...By the end of last year, they held 22.8 per cent of shares in the midsized S&P 400 index, and 28.2 per cent of the small-company S&P 600 benchmark. Elon Musk is among those now railing against this....
...S Korean authorities probe terraUSD companySouth Korean police and prosecutors are investigating Do Kwon’s Terraform Labs over allegations that an employee embezzled an undisclosed amount of the company’...
...Shares in the asset manager rose 5.7 per cent on the day the deal was announced, and this year they have nearly doubled the S&P 500’s performance....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...john.plender@ft.com...
...For a customer to get something delivered on the same day they order it from Amazon, it needs to be in the post office system at 6am,” Cowen’s Mr Blackledge said....
...In November 2016 he built a portfolio of S&P 500 stocks that failed to qualify for any of the five big US factor ETFs....
...Tuesday’s judgement (case number 15-1189, Impression Products, Inc. v....
...in the diversified industrial sector....
...But banks are supposed to have systems in place designed to ensure that information does not spread to places where it is not supposed to....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...High-profile flame-outs in companies championed by hedge funds, including Valeant, Allergan and SunEdison, have not helped their reputations. But many fear that worse is to follow....
.... …………………………………………………………………………………………………………… Ben Hall, world news editor, picks: • Isis Inc: how oil fuels jihadi terrorists by Erika Solomon, Guy Chazan and Sam Jones• Why China’s ‘migrant miracle’ is...
...Worst of all was Williams Companies, a favourite of activist managers and another of the top 10 hedge fund holdings, which fell 36 per cent....
...At this point the US political system woke up....
...Warren Buffett gave shares in Axalta Coating Systems, a US company that manufacturers liquid coatings used by the car industry, a fillip....
...Last year, 369 companies were targeted, up 12 percent from the year before, according to Hedge Fund Solutions, affecting corporations as big as Microsoft Corp. (MSFT), PepsiCo Inc. (PEP) and Apple Inc....
...john.authers@ft.com...
...(FastFT) Diversified industrial manufacturer 3M joined the growing list of US companies launching big capital returns, boosting its shares, Reuters reports....
...(FastFT) Dish again under fire over LightSquared bid: “Shareholders suing the satellite-television company over its handling of an offer for LightSquared Inc. argue that two directors appointed by Dish...
...The 47-ish per cent fall in the S&P between 2000 and 2002 was admittedly impressive, but that crisis say Deutsche was an equity crisis as opposed to a debt trauma, and the banking system managed relatively...
...Dattaraj V. Salgaocar (V. M. Salgaocar Group) Harsh Pati Singhania (J.K. Organisation) Krishen Sud (Sivik Global Healthcare, Inc.)...
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...John Authers is away sylvia.pfeifer@ft.com www.ft.com/insidebusiness...
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