Hints and tips:
...Another, P Schoenfeld Asset Management, has a smaller stake. All the activists declined to comment....
...London-listed tour operator On The Beach Group reported winter bookings 26 per cent ahead of 2022-23 in a reassuring investor update this year, while passenger bookings at P&O Ferries going into the winter...
...And here’s what else we’re keeping tabs on today: Economic data: S&P Global publishes its manufacturing purchasing managers’ indices for the US, Russia, Canada and Greece....
...Janine P.S....
...The S&P 500 is down 3.5 per cent since June 30 and is on course for its first quarterly loss in a year. Here’s the outlook for today’s trading....
...Richard Barnes, a credit analyst at S&P said: “As retail deposits start to reduce and banks start to look at [BoE funding scheme] maturities, there may be more pick-up in activity by banks in the wholesale...
...The S&P 500 did not fall by more than 10 per cent, but climbed over 20 per cent (though driven mostly by just seven tech stocks)....
...Both Carnival and Royal Caribbean rank among the top five losers on the S&P 500 over the past three months — one of the worst quarters for the index on record — having lost around half of their share value...
...in Europe and lower gas imports from Russia, depleted EU storage facilities which are running 17 per cent below five-year averages, and prices that are five times the three-year average, according to S&P...
...That would now change, S&P Global ratings said on Wednesday, as it warned that it might cut GE’s credit rating by one notch in response. Call it the Blob’s revenge....
...Then again, perhaps it will have been vanquished by an upstart able to do what Amazon has done to Barnes & Noble and IBM....
...On Thursday, the FTSE 100 saw its second biggest sell-off on record, and the S&P closed 6 per cent down, though markets recovered some of their losses in early trading on Friday....
...I’d also recommend The Noise of Time by Julian Barnes (Jonathan Cape, £7.35) which is more historical....
...The Really Local Group, which focuses on high street regeneration, has installed a three-screen cinema at a former Poundland in Catford, south London, while the Olympic Studios, which has sites in Barnes...
...Richard G Compton Aldrichian Praelector in Chemistry, University of Oxford; Lifelong Honorary Professor, Sichuan University, China Peter P Edwards Statutory Chair in Inorganic Chemistry, University of...
...Equity Commonwealth, for example, was sitting on more than $3bn of cash at the end of March, according to S&P Capital IQ. “Any day you’re not selling, you’re buying,” Mr Zell says....
...Brian Cornell, Target’s chairman and chief executive, said the S&P 500 company was on course for its biggest annual increase in comparable sales since 2005....
...The bookshop chain Barnes & Noble, which has been particularly hard hit by the rise of Amazon, also reported a net loss of $27m for the quarter....
...Department stores, clothing specialists and general merchandise chains are the three single worst-performing subsectors of the S&P 500 over the period....
...Even Barnes & Noble, the lossmaking bookshop chain that has been hard hit by the rise of Amazon, is seeking to capitalise....
...The group’s sole purpose is to achieve 30 per cent female representation on S&P 100 boards and includes Warren Buffett and Larry Fink among its members....
...Elsewhere Barnes & Noble sank nearly 12 per cent after the country’s last remaining major bookstore chain recorded another quarter of sales decline and losses....
...Vera Lutter will be in conversation with Martin Barnes, senior curator of photographs at the Victoria and Albert Museum, at Somerset House, on May 18, 2:30pm-3:30pm Follow @FTMag on Twitter to find out...
...She was the first general counsel appointed by Barnes & Noble — in 2007 — and served as general counsel at NCR from 2010....
...In the second, the FT reveals that the royal court is negotiating deals with princes to secure their release (FT, FT) News Roundup P&G deadlock in board seat battle with Peltz (FT) Rockwell shares pop...
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