Hints and tips:
...“This is the biggest opportunity in global financials,” Lars Förberg, Cevian’s co-founder, told the Financial Times....
...Those efforts contributed to chief executive Lars Fruergaard Jørgensen being named the FT’s Person of the Year in 2023....
...gillian.tett@ft.com Letter in response to this comment: Caveat in your otherwise excellent economy analysis / From William Jacobson, Sarasota, FL, US...
...Novo Nordisk chief executive Lars Fruergaard Jørgensen and Bayer’s pharma chief Stefan Oelrich to speak at an industry event in Brussels hosted by big pharma lobby group EFPIA....
...Meanwhile, the S&P 500 posted a total return of 17 per cent in the first half of this year and the US Federal Reserve funds rate, a proxy for risk-free returns for investors, is 5.25 per cent....
...Second, German financier Lars Windhorst has denied living a “billionaire lifestyle” while large debts to creditors remain outstanding, during a London high court hearing where he struggled to answer questions...
...S&P 500 groups spent $281bn on buybacks in the first three months of this year, according to S&P Global, setting a new record high for the third consecutive quarter....
...At the Bush Theatre, Waleed Akhtar’s The P Word chooses the latter, with immensely moving results. Here the prejudices under scrutiny are racism and homophobia....
...News round-up Binance suffers $1bn outflow in one day as crypto jitters spread (FT) Citadel founder Ken Griffin sues US tax agency over leak of records (FT) Lars Windhorst offered La Perla role to H2O...
...Rick Joswick, head of global oil analytics at S&P Global Commodity Insights, said that “it is a race between demand increasing seasonally and refiners increasing their operations to produce the fuel”....
...The industry has failed to beat the S&P over the long haul. So why do people buy in? The FT’s Robert Armstrong investigates in his newsletter Unhedged....
...The 36 per cent move came as the broader US market wavered, with the S&P 500 index closing up 0.1 per cent while the Nasdaq ended the trading day flat....
...Cevian currently has investments in about 15 companies, including cement maker CRH, educational publisher Pearson and ABB, the Swiss-Swedish conglomerate, according to S&P CapitalIQ, the data provider....
...The equity market reflects the harsher reality, valuing the French bank’s shares at just 0.4 times tangible book value, according to S&P Global data....
...Julian Jacobson Manager and Conducting Officer,WRM Capital Asset Management,Luxembourg...
...Lars Jensen, the chief planner of services for Maersk Line, the world’s biggest container ship operator, said the company had diverted one of its three weekly Asia-Europe calls at Felixstowe to ports on...
...European Leagues, the body which represents national competitions, nominated him to replace its outgoing chair Lars-Christer Olsson....
...Regular DD readers will remember that much of H2O’s recent pain stems from one man: Lars Windhorst, a financier who had previously weathered the collapse of two companies, personal bankruptcy, and a suspended...
...For example, the early 20th-century magician David P Abbott used to make a golden ball float around his parlour for guests, using an unseen thread to support the ball....
...“We see red flags emerging” such as “leverage ticking up”, Blair Jacobson, co-head of European credit at Ares, said in a panel discussion on private credit....
...Natixis said on Tuesday evening that “the case . . . is a purely internal procedure that is by no means related to a P&L loss and has no impact whatsoever on Natixis’s clients or businesses”....
...Smart reads Perils of electronic trading In May 2010, for no obvious reason, the S&P 500 plummeted 5 per cent in a matter of minutes....
...Katharine Birbalsingh: quite contrary To the Bernard Jacobson Gallery in Piccadilly where Jeremy Paxman was handing out Britain’s biennial “contrarian prize”....
...Finally, on a dreary Monday morning, this piece about the broker at the heart of Lars Windhorst’s colourful world is worth a read....
...Top markets stories US yield curve is still inverted, still worrying How H2O doubled down on Lars Windhorst in his hour of need Markets Briefing is a concise look at global markets, updated throughout...
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