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...The group, which claims to hold more than £5bn of Thames Water bonds has approached the company requesting a meeting to discuss the crisis, according to a letter seen by the Financial Times....
...Of course the company has a loyal following among investors now....
...Robert ArmstrongThis is a very interesting question....
...(Robert laughs) Jokes aside, they were two giants. Robert ArmstrongYeah. And CBS was literally, it was a network TV company. It had a publishing . . . James Fontanella-KhanBroadcast....
...Last week, Todd Baker, a consultant and banking industry veteran, pointed out a very interesting contrast between two of the companies in a LinkedIn post....
...Still, it tells you something about what happens when a tech stock with a high valuation comes up a little bit short. Email with better news: robert.armstrong@ft.com....
...I’m a bit sceptical, as I noted in yesterday’s letter, but then I’m a journalist. If any non-journalists have thoughts, please send them along: robert.armstrong@ft.com. Does Buffett matter?...
...A ratio of just two or three times AMP will still have a very tent-like feel, whereas a double-figure multiple probably means a proper bed, a gas hob, an indoor bathroom and something to sit on if it rains...
...Slightly lower long- term yields, a decent earnings season, and a just-right jobs report have all helped. Email me while the good times last: robert.armstrong@ft.com....
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...Alan Shaw.Ancora, based in Ohio, waged a proxy fight in a push to install a new CEO and wrest control of the 13-person board of directors at the $50bn company....
...Kate DuguidFor companies. Robert ArmstrongFor companies, specifically. Kate DuguidRight....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Let me know your thoughts: robert.armstrong@ft.com. How good was that jobs report?...
...Robert ArmstrongYes. Ethan WuSo that’s the question. Is Tesla just a car company? At least for now....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Thames Water’s parent company has sent a formal notice to bondholders informing them that it has defaulted on its debt, firing the starting gun on a potentially messy restructuring at the owner of Britain...
...Last month, Chubb’s chief executive Evan Greenberg told analysts that the company’s “exposure is within what we would contemplate and there’s nothing outsize to us”....
...Meanwhile, email us: robert.armstrong@ft.com and ethan.wu@ft.com. Why aren’t earnings estimates higher? This is a robust economy....
...holes than Swiss cheese, the company could keep hold of billions of dollars from recent asset sales without giving lenders a dime....
...the companies that compete with them?...
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