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...In 2019, Namal Nawana, an Australian who had worked in the US, quit as chief executive of Smith & Nephew because the UK medical devices company could not meet his pay demands....
...Now a boutique hotel run by Parladé’s nephew, Andrés, the art- and antique-filled finca still bears the imprint of its former inhabitants, from the well-stocked library to the tapestries hanging in the six...
...The sandwich stores and salad bars of Britain are still tormenting us with coronation chicken, a recipe originally created as a dish for George V’s silver jubilee, and later updated and rebranded “coronation...
...Berg, like Ressler, cut his teeth at junk bond financier Michael Milken’s Drexel Burnham Lambert and was at Apollo in the early 1990s....
...Medical devices maker Smith & Nephew has named Deepak Nath as its chief executive....
...Smith & Nephew has held talks to buy NuVasive, a maker of medical instruments used in spinal surgery, in a deal that would be worth more than $3bn and mark the largest acquisition by the British medical...
...Apollo’s co-founder Leon Black was a senior executive at Mr Milken’s Drexel Burnham Lambert in the 1980s, as was his brother-in-law Tony Ressler, who also co-founded Ares in 1997....
...There are plenty of other fascinating things to be learnt about TDR from this report by DD’s Kaye Wiggins and Rob Smith....
...Smith & Nephew goes up to “overweight” at Morgan Stanley. A V-shaped recovery in kneecaps isn’t in the price, they say....
...Smith & Nephew “lowers growth outlook amid coronavirus uncertainty” and its shares are up more than 8 per cent....
...We left off earlier this month with a scoop by DD’s Robert Smith and the FT’s Michael Pooler on some puzzling transactions between the steel magnate and Greensill Capital, which has provided tens of millions...
.../Rachid Director of the V&A And five for younger quizzers . . ....
...Of the large-cap health stocks, Vermeer Partners, another London-based wealth manager, favours medical device stocks Zimmer Biomet and Smith & Nephew, given that demand for elective surgery has been deferred...
...But in his 18-month stint at Smith & Nephew, Mr Nawana oversaw a 40 per cent increase in its share price....
...US outfits such as Cadwalader, Wickersham & Taft, Reed Smith, BCLP and Baker McKenzie have moved swiftly to cut both payouts for partners and salaries for more junior lawyers — going further than most UK...
...The lockdowns imposed to contain the virus are likely to have hit sales of drugs that need a doctor to administer them, while the delay in non-essential surgeries has hurt others including Smith & Nephew...
...FTSE 100 group Smith & Nephew had an even worse April than ITV. April revenues for the medical devices maker dropped 47 per cent, as elective surgeries have come to a halt in many countries....
...Namal Nawana: competitive spirit UK medical devices maker Smith & Nephew seems keen to shift its listing to the US. That would give it a freer rein to raise the pay of chief exec Namal Nawana....
...Smith & Nephew states that ‘multiple [UK] private hospital groups [are] aiming for late June to restart’ – this is in line with our expectations given that the 14-week NHS deal started 30 March....
...It’s also because the junk bond king and his group Drexel Burnham Lambert minted the fortunes of many of this older guard. Take Peltz....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Smith & Nephew’s bought a grommet maker. ... Plague sentiment has shifted to the positive. ... Captain Corelli’s pyrrhic win .......
...Smith & Nephew has withdrawn guidance. Johnson Matthey has closed all its ex-China Clean Air factories and cut profit targets. Gemfields has suspended emerald mining in Zambia and withdrawn guidance....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Harvard, Princeton Career 1955-58 US army finance corps; 1958-60 associate, Smith Barney & Co; 1964-81 various roles in economics department, Princeton, including director of financial research centre,...
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