Hints and tips:
...In a statement on Wednesday, Disney said it was prepared to pay $8.6bn by December 1 for the remaining stake, which would value Hulu at $27.5bn....
...About 270,000 people applied for the 8,000 openings advertised that year. Ganieva bypassed most of Goldman’s rigorous interview process....
...With his employees, Li does not talk about the past much. It is “a very small part of his personal history”, says Chang....
...But as Bloomberg asks, does the world really need a new investment bank?...
...The streaming company may yet make a comeback, but its recent troubles have proven once and for all — to Unhedged, anyway — that Netflix is a media company, not a tech company, and does not belong with tech...
...Five more stories in the news 1....
...Step 1: Get the grain This spring, the officials installed by Moscow to run the occupied territories set up the State Grain Operator to handle what they told Russian state media was more than 1.5 million...
...Spot the difference (cursed cursor = clue): Why does this keep happening? 22) Samudai ($1mn for 10pc) Samudai (“community” in Hindi): Singapore-based, uh . . . what does this company do?...
...JPMorgan now expects global economic growth to clock in at 3.1 per cent, down 0.8 percentage points from a previous estimate less than a month ago....
...trapped onshore. 1....
...activist campaign Engine No 1 ran against ExxonMobil, Shell’s US rival....
...These included via email (12 per cent), search engines (10 per cent), adverts on Facebook (9 per cent) or other non-social media/search engine online adverts (8 per cent)....
...But the clean energy company’s euphoric rise started the way many other market anomalies do — on social media....
...Correlation does not imply causation. Still, there is no shortage of theories why investors think big tech is still a good bet despite the sector’s stretched valuations....
...London also does not quite have the hedge fund industry “legends” that the US has....
...Jeff Hodson, a media trainer who worked in Chiang Mai in the 2000s, finally relocated to the US to escape the air pollution. “I didn’t want my kids breathing that crap,” he said....
...The two worst corporate reporting beats on a newspaper are media and retail. Media is bad because all your colleagues also work in media....
...Take YouTube, which Google bought in 2006 for $1.65bn. This week, parent company Alphabet broke out sales details for the first time....
...We have built a new quarterly cash flow and working capital model (ask for details), and now forecast €(3.9)bn FCF this year (of which €(1.8)bn is in 2H), with our €(1.6)bn EBITDA loss compounded by €(1.0...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Skype, bought for $1.9bn in a 2009 deal led by Silver Lake, was sold to Microsoft for $8.5bn only two years later, after a bitterly fought legal dispute with the app’s founders....
...The security companies are defensive into a slowdown (Securitas -1%/+1% in 2009/10, G4S Secure Solutions +3.5%/+2.8%) and generally late-cycle. We expect organic declines of c.-3% for FY 2020....
...Italy/ U.S.: 11,442/ 5,436 as of 5-Apr vs. 1,423/ 42 as of 12-Mar)....
...Google had mentioned the deal with Ascension on an earnings call — but many patients whose data were being collected only found out about it from the media....
...The UK media is contributing to this pressure, as we are already hearing the media punditry warning about growing public debt. Few economists share these concerns....
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