Hints and tips:
...Jefferies analyst David Hayes, who estimated the total liability at between $2.5 and $7.5bn, argued that Reckitt should seek settlement soon....
...A Delaware judge has ruled Elon Musk has to forfeit $56bn of Tesla share awards from a long-term pay package, causing a storm at the electric-car maker and threatening to distract its boss from troubles...
...That is one reason global investors steer clear of Europe’s banks, thinks Joseph Dickerson at Jefferies....
...In 2017, Humana and Aetna called off merger plans after a federal judge ruled it was uncompetitive. Cigna and Anthem abandoned talks weeks later after a similar federal ruling....
...Christopher Jefferies Bristol, UK...
...“We would have loved to have seen more upward trajectory out the gate on some of the IPOs, but that’s not how we judge things,” said the head of equity capital markets at a large US bank....
...Jefferies and Berenberg have assigned a base case value to Burford’s share of $3bn, or $13.70 per share....
...Jefferies is hiring James Liddy as Emea head of gaming, leisure and lodging investment banking. Liddy joins from Deutsche Bank and was previously at Moelis....
...From analysts at Jefferies : The IWGB’s pursuit of Deliveroo has long given the evidence of extreme obduracy. What really matters from here is: 1....
...Production rates are critical to Boeing’s calculations of free cash flow, the principle metric investors use to judge the company....
...In February, a federal judge rebuffed the FTC’s request to block Meta’s acquisition of virtual reality games business Within....
...Jes Staley, the former JPMorgan executive who is being sued by the bank for allegedly failing to disclose that he witnessed and participated in Jeffery Epstein’s sex crimes, has lost his bid to sever his...
...When faced with two evenly-priced cars, the Chinese brands such as BYD hope that consumers will judge them as equals, looking at technology and interior quality when making their decision....
...“Combined with the easing in the quits rate, this is a small step in the right direction in terms of signals that the labour market may be coming into better balance,” said Katherine Judge, senior economist...
...would be mandatory for the court to order any publishers outside Impress, the only officially recognised regulator, to pay legal costs of both sides regardless of the outcome of any court case, unless the judge...
...These will make it harder to judge risks of investments — either of steep losses or miserly returns. Three factors mean more UK retirees face more investment decisions....
...Argentina’s criticism of the company’s role in the case was rebuked by Judge Loretta Preska, who wrote that the “Republic owes no more or less because of Burford Capital’s involvement”....
...Jefferies Financial Group has hired Barclays’ Chad Parker as global head of transportation, based in New York, Bloomberg reports....
...But a Florida judge threw out thousands of claims last December, and GSK settled out of court with another plaintiff in California last month....
...Jefferies has hired senior Bank of America software investment banker Ron Eliasek, per Reuters....
...Not much, to judge by the share price, which rose by a tenth on the day. It is not surprising that shareholders overlooked the net loss....
...But a couple of judges decided in 1982 that those transactions were actually loans, and therefore couldn’t be repaid/repurchased if one of the parties went into bankruptcy....
...Martin Deboo, analyst at Jefferies, called for “sharper and more radical portfolio choices”....
...Those are better numbers than convincing one judge in a bench trial,” said Neama Rahmani, a former federal prosecutor who is president of West Coast Trial Lawyers....
...Earlier this year, Musk was cleared by a Delaware judge of any wrongdoing in that case. He was represented by the law firm Cravath, Swaine & Moore in the 2021 trial....
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