Hints and tips:
...“Local governments have run out of options to have a balanced budget,” said Bo Zhuang, a Singapore-based economist at asset manager Loomis Sayles....
...Conducting Santa Fe’s exemplary orchestra and chorus, the Baroque expert Harry Bicket, who is also the company’s music director, has the music sounding fresh and as vital as ever....
...“A whole swath of consumers are just not going to be able to get cars,” said Jennifer Thomas, a portfolio manager at Loomis Sayles....
...I’m old enough to remember when private equity liked to buy companies with steady, predictable cash flows that were ripe for cost cuts....
...Umberto Giordano’s 1898 opera Fedora might seem the kind of work the company would now shun....
...But the rally that followed the company’s new guidance prompted funds to dive right back in....
...Now the company reverts to the standard Italian translation....
...Deep inside the nested layers of funds, companies, insurers and partnerships of Canada’s Brookfield Corporation lies a real estate business that no longer covers the cost of its debt: Brookfield Property...
...’s first ever production of Cherubini’s 1797 opera, which opens the company’s new season....
...Bo Zhuang, a Singapore-based analyst at Loomis Sayles, an asset manager, added: “This is a conundrum the current policy mix can’t solve.”...
...Shadow lenders, including trust companies and manufacturers that lent money to Evergrande at high interest rates, are also fighting to recoup their loans....
...Debt from companies rated CCC — the lowest tier of junk — fell by the most in eight months in May, led by a 23% plunge in Chinese bonds....
...State Street, Fidelity, Amundi, Ameriprise’s Columbia Threadneedle and Loomis Sayles all cut positions in Nvidia in the first quarter of 2023....
...There are also a ton of other well-known Natixis-owned affiliates, like Loomis Sayles, Harris Associates and AlphaSimplex....
...reopening and the government easing its leverage limits to stir growth, “the economic fundamentals are too weak to support a dramatic turnaround in real estate”, said Bo Zhuang, a Singapore-based economist at Loomis...
...Fuelled by the success of subsequent works by Davis and the growing interest in operas on black subjects, it is now revived by a consortium of companies, with the dynamic Detroit Opera leading the way....
...Handel’s Agrippina was such a hit at the Metropolitan Opera immediately before the New York company was shuttered for the coronavirus two years ago that a prompt return to the composer was only fitting....
...Baird Financial and Loomis Sayles did not respond to a request for comment....
...The company’s latest production promised a new performing text: the opera’s original French version — a bright prospect, since Don Carlos was first performed, in 1867, at Europe’s premier theatre, the Paris...
...“What the market does not have right now is patience of any kind,” said Elaine Stokes, a portfolio manager at Loomis Sayles & Company....
...Kudos to them, they’re becoming a tech company.” Does Aladdin’s unparalleled scale create possible conflicts of interest?...
...“The theory of a dovish pivot has been squashed,” said Brian Kennedy, a portfolio manager with Loomis Sayles....
...“The decoupling of Chinese bonds from the rest of the world could make them riskier in the long run,” warns Bo Zhuang, a Singapore-based sovereign analyst at Loomis Sayles....
...“It’s been a rough, rough market,” said Matt Eagan, a portfolio manager at Loomis Sayles in Boston. “There’s really no place to hide....
...Maersk, the Danish shipping company, warned in late March that the city’s lockdown measures would reduce trucking services in and out of Shanghai by 30 per cent....
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