Hints and tips:
...The BBC has agreed to sell the Elstree studio complex that is home to soap opera EastEnders to French insurance company Axa, providing a financial boost of up to £70mn for the cash-strapped broadcaster....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Life insurance, consumer retail, digital software will be ones to watch,” said Mitsubishi UFJ Morgan Stanley Securities’ Kensaku Bessho on hot sectors for strategic M&A....
...He was in demand as a businessman — governor of one insurance company, director of another and chair of a new technology start-up (the wrong technology as it happened, his oil gas company losing out to coal...
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...Don’t miss The UK government is planning post-Brexit changes to some of the most contentious aspects of insurance regulation in a move likely to signal a departure from EU rules, having launched a review...
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Today’s 20x P/E is appropriate if EPS growth is accelerating, we think,but not if it’s decelerating,and the +40% valuation premium to other cyclical chemical companies is now close to peak....
...The company attributed just under $8bn of its profits in the period to swings in financial markets and the sales of some of its securities, which offset lower insurance underwriting profits in the three...
...James Smith, economist at ING: A full 2021 recovery is unlikely....
...All major rivers in the Tokyo area were full and close to breaching their banks — a threat I never expected in my lifetime....
...(Quartz) The upper crust The median pay for a chief executive of an S&P 500 company in 2017: $12.1m. Most received raises of nearly 10 per cent or more last year....
...He is a shark,” said Daniel Fischel, a University of Chicago professor who has been an expert witness several times on the opposing side of Mr Grant’s clients....
...The incredible demand to buy into a Chinese company that does not yet have any clear products is just one sign that China's venture capital market is overheating (FT) Xerox v activist investors Xerox is...
...Staudt Just a thought …/ From Daniel Mauro...
...On display at the V&A is a panel of floral marquetry attributed to Marc Simon that once decorated the ship’s deluxe Beauvais suite....
...HNA, Fosun and Anbang Insurance were also on the list. Each of the companies has taken its own approach to handling the powers that be....
...We could “drive ourselves crazy, because nobody has any idea and it’s only speculation as to what would actually happen” on US tax reform, Daniel Glaser, the chief executive of insurance broker Marsh & McLennan...
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management To more than 3% by the end of 2017....
...But it’s a useful insurance policy if the economy were to take a sudden cyclical lurch downwards....
...Radical policies should include rethinking the shareholder value form of corporate governance which has seen S&P 500 companies spend over $3 trillion on share buybacks in the last decade (to boost stock...
...Daniel Hanbury, equity portfolio manager at River and Mercantile, says: “You don’t want to get too defensive or you will miss out on returns and possibly get caught out in an overcrowded trade....
...Companies may also be more cautious about hiring workers who may not have a permanent right to work in the UK....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College Most unlikely....
...Business investment will take a hit but it may not happen until the cost to companies of Brexit becomes a reality....
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