Hints and tips:
...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
...Claire Jones and Francesca Regalado...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Dow Jones was first to report the move. The timing is awkward for Uber, coming so soon after one of its autonomous cars killed a pedestrian in Arizona last week....
...Insurance companies can sue trucking companies for crushing their customers, but how does the road owner bear a cost?...
..., assuming that company will still be around to reap the profits....
...Schneider National, one of the biggest US trucking companies, has filed for an initial public offering, in an early indication that the market for new listings could heat up next year....
...“The biggest factor usually is figuring out how to add a company with the least amount of disruption,” Mr Blitzer said. ———————- Facebook v Snap Facebook | Snap Market capitalisation at IPO: $104bn |...
...(WaPo) Clinton v Trump: clash of the operatives David Brock and Roger Stone are masters of the dark arts of politics – 2016 will be their greatest canvas....
...Shares in trucking company Swift Transportation jumped 21.1 per cent to $16.56 after it reported better than expected fourth-quarter earnings....
.../ From Alec Nacamuli Driverless cars will only add to traffic pollution / From Dr Robin Russell-Jones Less benign reactions to driverless cars / From Dr Miles Upton Essential features for the driverless...
...People who view stocks of railways, trucking companies and airlines as a barometer for equities investment have taken notice....
...Among their investors are Time Warner, 21st Century Fox, Google Capital, the National Hockey League and NFL owners Robert Kraft and Jerry Jones....
.... …………………………………………………………………………………………………………… 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...
...Mr Musk also said that he expected the company to achieve profitability by 2020....
...The payback is that Fanuc has a coterie of customers who show off their robots to other companies and host its roadshows. Mr Jones, for his part, sees his robots as ambassadors for Geisinger....
...The board of David Jones on Wednesday recommended a A$4 a share offer by Woolworths to its shareholders – a 25 per cent premium on Tuesday’s closing price of $3.19....
...Jones is watching the sales and licence dispute with interest....
...But Exxon is one of only two companies – the other being General Electric – that were in the Dow Jones Industrial Average in 1929 and are still there today....
...The company also raised its fourth-quarter earnings-per-share estimates. Stock in the company jumped 11.2 per cent to $30.16....
...There are certainly risks for manufacturing companies that venture on to the turf of their service-peddling rivals. “Everything is different,” says Mr Jones....
...CA Inc climbed 9.6 per cent to $25.02 as the software developer easily beat analyst expectations....
...The sharpest, most dangerous rock is the Jones Act....
...“It’s that V-shaped drop where it came down and snapped right back up....
...At the close, the S&P 500 was down 0.2 per cent at 1,074.57, the Dow Jones Industrial Average lost 0.1 per cent to 10,138.52 and the Nasdaq Composite fell 0.1 per cent to 2,220.65....
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