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...Lead organisation/individual: Ropes & Gray Project name: Comparing Covid Support App Description: An app that compares the current government state funding....
...they are prepared to invest is apparent at Restaurant Brands International, the vehicle 3G set up to bring under one roof the fast-food chains Burger King and Popeye’s and Canadian coffee shop chain Tim Hortons...
...Shares in RBI have underperformed McDonald’s by 9 per cent in the past four years, in part because of difficulties at the Canadian coffee chain Tim Hortons, which it also owns....
...“He’s got a valid point,” said Andrew Horton, chief executive of Beazley, a rival Lloyd’s insurer, of Mr Catlin’s comments. “We’re very mindful of the potential aggregation impact....
...Yet Mr Horton highlighted that reinsurance accounted for only 15 per cent of the business Beazley writes....
...Even so, Andrew Horton, chief executive, says he still sees some “pretty large growth opportunities”....
...Andrew Horton, chief executive, said this reflected Beazley reducing its exposure to lines of business including property and energy insurance....
...Mr Horton said insurance markets remained “competitive” as capital was attracted to the sector in the face of weak returns available from other asset classes....
...Mr Horton said Beazley was eyeing other acquisitions but none were imminent. Beazley shares rallied 4.7 per cent to 159.7p.+...
...Andrew Horton, chief executive, said Beazley wrote less catastrophe business and had a “lower volatility business than some of our peers”....
...In addition to former bankers, accountants – such as Andrew Horton of Beazley – and, perhaps more surprisingly, marketing experts – notably Henry Engelhardt of Admiral – are also well represented....
...DR Horton, however, escaped the gains after disclosing another quarterly loss that was at least not as bad as feared. Still, the shares dipped 2.2 per cent to $4.04....
...DR Horton, the country’s largest, climbed 8 per cent to $7.82....
...DR Horton was one of the biggest losers among housebuilders, down 9.8 per cent $7.02 after Fitch cut its debt rating on a host of companies in the sector....
...Lennar and DR Horton fell 13 per cent at $12.08 and 8.4 per cent $11.07. Regional banks were one of the few sectors to hang onto gains....
...DR Horton, CB Richard Ellis and Leggett & Platt were among the biggest drags on the market, down 8.3 per cent at $6.77, 4.8 per cent at $6.32 and 12.3 per cent at $16.29, respectively....
...DR Horton and KB Home rallied 5.6 per cent to $13.92 and 4.1 per cent to $21.16, respectively....
...Meanwhile, Credit Suisse downgraded four homebuilders – Toll Brothers, Pulte Homes , DR Horton and KB Home – from “outperform” to “neutral”....
...The call was from Robert Horton, then finance director and later a key player in the life of BP and Browne. The Forties tax coup wasn’t the only reason, as Horton explains....
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