Hints and tips:
...market helped lift the broader US stock market their returns stood out: by the end of 2022 Berkshire had gained nearly 3.8mn per cent since 1964, far outpacing the roughly 24,000 per cent return in the S&...
...Expectations are that S&P 500 second-quarter earnings fell 7 per cent from a year ago. If we were betting men we’d take the over, given the effervescent economic backdrop....
...Zaltzman had bought into casual clothing brand Express Inc last autumn at around $1, believing retailers could be ripe for a pick-up....
...Beyond the Adani affair, the outlook for India Inc is positive....
...Apollo: Leon Black’s reluctant successor steps into the spotlight Marc Rowan never seemed to be gunning for the top job at Apollo Global Management....
...Users on WSB seized on a CNBC interview with billionaire hedge fund manager Leon Cooperman telling the cable news network that talk of the rich paying their “fair share” was vague and a “way of attacking...
...Apollo: the latest from Leon Black First it was the revelation that Leon Black, founder of private equity group Apollo Global Management, had made at least $50m in payments to the late paedophile Jeffrey...
...Morgan Stanley’s investment banking arm, which has long been described as the “DNA” of the 85-year-old institution, would have contributed just 42 per cent to 2019’s pre-tax profits, based on the combined...
...Dollar Shave Club, a subscription razor service founded in 2011 and acquired by Unilever five years later for $1bn, was one example....
...Blackstone’s move “allow[s] a vastly wider universe of investors to own our stock”, said Mr Schwarzman....
...“I don’t see how the transmission of negative interest rates effectuates more activity in Europe,” Mr Fink said....
...Leon Cooperman is closing his hedge fund, Omega Advisors, and converting it into a family office because he does not want to spend the rest of his life “chasing the S&P 500”....
...The latest deal between US-based financial technology specialist FIS and the UK’s Worldpay is the largest financial services takeover since the recession at $43bn....
...George Soros, BlueCrest’s Michael Platt and Leon Cooperman of Omega Advisors are among the prominent industry figures who have done so since the crisis....
...Moody’s Investors Service has assigned junk status to 51 of the 61 Chinese property companies it assesses....
...Private equity titans like Leon Black and Steve Schwarzman became billionaires in part by slashing every extraneous cost at their portfolio companies....
...What will be of particular interest for those without a vested interest in this specific case — or in the media space — is the line of thinking Judge Leon took....
...Earlier this year, however, the firm helped to sell Mobileye, a developer of self-driving vehicle technologies, to Intel — in one of 2017’s most lauded tech deals....
...from review for a possible downgrade, where it had been placed after it announced an agreement to acquire a restructured Energy Future Holdings for $9bn, along with its interest in Oncor, the regulated transmission...
...But its stock trades at a depressed multiple of 5.6 times 2017 earnings — making it one of the least valued companies in the S&P 500....
...Assets under management at Leon Cooperman’s Omega Advisors have dropped by about a quarter to $4bn after the hedge fund was ensnared in an insider trading probe by the US Securities and Exchange Commission...
...As assets have grown performance has suffered, with hedge funds as a whole failing to beat the S&P 500 over the past four years in a row....
...Navient, which services student loans, continued to slide after it said in a filing on Monday the Consumer Financial Protection Bureau may sue the company. It dropped 7.8 per cent to $12.04....
...It has said it is considering significant changes to its news service to aid publishers struggling to make money online....
...Nasdaq has been pushing into corporate services to diversify beyond equities trading and market listings but the move has come with high profile missteps....
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