Hints and tips:
...“It’s a way for companies to lower their all-in borrowing costs,” said John McClain, a portfolio manager at Brandywine Global Investments, who added that securing debt can also improve a company’s credit...
...Demanding it slash costs and narrow its portfolio, the fund installed two board members — John Wilder, executive chair of Bluescape Energy Partners, with which it had launched the campaign, and Barry Smitherman...
...With one-year Treasuries at 5.4 per cent, Bank of America is still offering a measly 0.01 per cent on its savings accounts and the national average one-year CD pays just 1.6 per cent....
...Five more stories in the news 1....
...Why shouldn’t they cope with 2023’s surprises just as well?...
...S&P cited the World Bank’s backing plus Argentina’s “unblemished record” in servicing multilateral debt....
...For example, imagine two portfolios, each with an initial value of £100. Portfolio 1, a low-volatility portfolio, achieves a 5 per cent return in year one followed by a -5 per cent return in year two....
...Sir John Vickers, whose 2013 report set out the ringfencing regime for UK banks, told MPs on the Treasury select committee this month that he would “certainly have concern if an erosion or a rowing back...
...Seraphim says it is already “the world’s No. 1 Space Tech investor”, with a portfolio of over 50 international space-related companies....
...AmerisourceBergen John Chou Chief legal officer John Chou has more than 35 years’ experience in the legal industry....
...A few days after he formally resigned from First Boston, Fink invited a select group to his house to discuss the new venture....
...“From a lender’s perspective, if you have already lent [a company] money then you don’t want them to file for bankruptcy,” said John McClain, a portfolio manager at Diamond Hill Capital Management, noting...
...For some, the $1.5bn bitcoin purchase is a non-issue. “Tesla’s bitcoin investment does not have an impact on its ESG score,” said S&P Global....
...The strong inflows boosted the fees BlackRock earns from servicing client portfolios by 2 per cent....
...In raw terms, the composite purchasing managers’ index for the eurozone was 47.5 in June, up from 31.9 in May....
...The GEO sees UK GDP falling by 11.2 per cent in 2020 and rising by 4.1 per cent in 2021. Our equivalent forecasts for developed countries overall are -5.4 per cent and + 4.5 per cent respectively....
...John Jackson, a local investment commentator, said that declining yields on fixed-income assets had pushed investors into the equity market....
...prices of this select group (Apple, Amazon, Alphabet, Microsoft and Facebook) has gained some 23 per cent in 2019....
...Revenue fell by 8 per cent to $1.84bn. The miner, which is led by former Goldman Sachs banker John Thornton, generated free cash flow of $319m in the quarter....
...The US dollar notes mature in 10.5 years. The €1.1bn tranche was set to price with a yield of 4.625 per cent, the people added....
...Net debt stood at about $31bn as of the end of September, equivalent to 4.1 times earnings before interest, tax, depreciation and amortisation, according to S&P Capital IQ — relatively high compared with...
...rose 1.5 per cent....
...Just 8.5 per cent of board seats at small-cap companies in the S&P 600 are held by minorities, versus 7 per cent in 2013....
...The dividend yield for the renamed sector will drop to just 1.4 per cent, according to UBS, compared with 5.5 per cent from the telecoms sector at present....
...The market swoon continued on Monday with the S&P 500 stock index falling by another 1 per cent. IBM itself fell 5 per cent and is down more than 20 per cent for the year....
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