Hints and tips:
...The banks completed a $1.96bn bond sale for the deal, selling the debt with a coupon of 9.29 per cent....
...The valuation, at 11 times forward earnings, hovers near a record low. Winning over the younger set will be key to newly installed chief executive Alex Chriss’s turnaround plans....
...All LOBs, including the other two—Personal Banking (29%, mostly cards) and Global Wealth (11%)—should have more clarity from better 2024 disclosure....
...Combined, this would represent a 29 per cent decrease in the company’s global workforce. The move is expected to generate $100mn in annual cost savings....
...However riskier corporate bond flows spiked to $29.1bn in the quarter....
...It ranked Preller 10th for total sales of African art between 2016 and 2023, at $11.1mn, with an average price of $49,895. This was topped by fellow South African Marlene Dumas ($55.7mn, $475,710)....
...But growth instead rebounded to 29 per cent, or 28 per cent excluding the effects of currency movements, helping to lift Microsoft’s overall revenue and earnings well ahead of forecasts....
...The stock touched a low of $29.96, according to Bloomberg data, and closed down 11 per cent for the day at $30.10 — just 10 cents above its IPO price....
...Meanwhile, Instacart’s newly appointed valuation of $11.2bn still pales in comparison to the $39bn valuation it touted in 2021....
...This weekend is the 30th in-person edition of New York’s IFPDA print fair (26-29 October), while next week marks the 30th edition of Turin’s Artissima fair for contemporary art (November 3-5)....
...Netflix last year released 29 exclusive Korean dramas, six of which reached the top 10 titles in the Asia-Pacific region, according to Media Partners Asia subsidiary AMPD Research....
...The business accounts for 29 per cent of total group revenues but 42 per cent of its adjusted ebitda....
...Foxconn reported NT$551bn (US$18bn) in revenue last month, down 29 per cent from October and 11 per cent from a year earlier....
...He’s now 29, but his YouTube videos appeal to many boys aged 11 or younger. Around the world, some boys feel confused and uncertain about what they should be aspiring to....
...WaPo’s figures come from an article Cohan wrote for Inc, an American business magazine....
...Despite this, Vanguard’s total ETF assets actually fell slightly less, by 10.3 per cent to $2.1tn, compared to iShares’ 11 per cent decline to $2.9tn....
...The collection is on display until April 29....
...Active mutual funds had $11.6tn in assets as of December 31, and index mutual funds had $4.7tn....
...He said the company expected revenue from its Mac computers to “decline substantially year-over-year” in the current quarter, after surging 25 per cent last quarter to $11.5bn....
...In METV’s wake, a further 11 metaverse ETFs launched globally in the fourth quarter of 2021 alone, according to Morningstar’s database; 23 more have seen the light of day this year....
...Shares in Uber were down 11.3 per cent at $26.13 on Wednesday, while Lyft dropped 33.8 per cent to $20.37....
...On Monday, Berkshire announced it would buy the property and casualty insurer Alleghany Corporation for $11.6bn in cash. Buffett has known Alleghany for years....
...Even so, after all the internal change agents and external agitators, “your average worker’s still not making $29,000 a year”....
...Twitter shares are currently up a tweetable 29 per cent on the news. 2....
...With an equity value of $11.6bn, the takeover is Berkshire’s biggest in six years and will be paid for in cash....
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