Hints and tips:
Related Special Reports
...The retailer was hit by several profit warnings and an accounting error relating to its stock position....
...As Agrawal notes, they are hardly short of cash: the Mangs collectively generated $276bn of operating profits in 2023 and spent $108bn on capital expenditure....
...all of these beautiful, amazing things....
...john.gapper@ft.com...
...The attendees included former British prime ministers Tony Blair and John Major as well as media tycoons Rupert Murdoch and Michael Bloomberg....
...The gallery’s UK business made profits of £5.2mn on sales of £167mn in 2022, having achieved profits of £13.2mn the year before....
...In 2013, the private equity firm helped Michael Dell take his technology company private for a bargain, then later basked in tens of billions in profits....
...News round-up Reddit prices shares at top end of IPO range (FT) Gucci owner Kering’s shares tumble 12% on profit warning (FT) Billionaire John Paulson to hold megadonor fundraiser for Donald Trump (FT...
...In 2008 Englander hired Michael Gelband from Lehman Brothers to build out the firm’s fixed-income trading business, which grew into one of Millennium’s main profit engines....
...In its full-year results, M&G reported a 28 per cent rise in pre-tax adjusted operating profit in 2023, to £797mn, beating analysts’ expectations....
...The chief of Ocado’s technology solutions division Luke Jensen will step down in September and be replaced by non-executive director John Martin....
...“It’s a much more difficult world to navigate now,” said Sorrell, whose group has issued multiple profit warnings this year....
...Three years ago, when the US government first mapped out its legal campaign, many investors worried it would put a dent in Big Tech’s profits, said Paul Gallant, a stock market analyst at Cowen in Washington...
...Hunter’s revenues peaked at £114mn in 2018, when it made pre-tax profit of £6mn....
...It is madness to believe that profit-driven private companies alone will safeguard society’s interests when pursuing the possibility, however remote, of AGI....
...“He was an amazing Excel guy . . . Everyone in the bullpen used his templates,” said a former colleague. “Whenever people left they’d try to get Hank’s folder to take wherever they were going.”...
...The deal was the product of so much conciliation that Apollo executive John Zito was quoted in a press release announcing that the deal was a model for friendlier dealmaking....
...his hedge fund Citadel, which is run separately to the market maker and trades a wide range of assets, was earlier this year named as the most successful hedge fund firm of all time after making $16bn in profits...
...That bet paid off in spades when the energy crisis electrified profits in the sector, doubling his fortune to more than $10bn over the past year....
...The last time the industry saw such a big haul was in 2007 when John Paulson made about $15.6bn betting against subprime mortgages. It’s a huge feat for the soon-to-be Florida-based firm....
...But on the operational level, the level of revenues and profit, the safe haven view of Big Tech is looking pretty good right now. First Republic: who eats the ~$9bn?...
...The profit, which was driven by bets across a range of asset classes including bonds and equities, surpasses the roughly $15.6bn made by John Paulson in 2007 through his bet against subprime....
...Handler was particularly close to John Chambers, then chief executive of networking giant Cisco Systems, whose internal strategy team leaned heavily on Handler’s group for deal analyses....
...Nicola TallantI see it as amazing that he has traveled the world. He has mixed with people both in, you know, organised crime and at the highest end of boxing....
International Edition