Hints and tips:
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...We’re curious about how this would stand up in a court of law. Yes, February 31 2013 hasn’t happened yet, but as a species we were happy enough to move on into 2014, so there’s no going back....
...By the end of the industry event, I could barely squeeze out a sound. And that wasn’t the only mini-drama....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...Safari Drive arranges self-drive trips across southern Africa in a 4x4 Toyota Land Cruiser equipped with a rooftop tent and camping equipment....
...Companies that don’t invest in reinventing themselves, as Microsoft and Amazon have, are taking a big risk. One good read Toyota’s warming up to EVs, slowly....
...Because both entities are deeply involved in this “space” and now need to a) feel better about themselves and b) guard against people going off crypto on the grounds that it is actually a Very Bad Thing....
...Mr Balapanov’s lawyers have said that: a) he is not, and never has been, a nominee of Mr Kulibayev b) he has no knowledge of, nor involvement in, the scheme described in this article, nor any similar scheme...
...Capacity already exceeded demand in 2019, and another 1.7m b/d, from Nigeria to Kuwait, is due on line this year. Demand, though, is down by 9m b/d....
...Toyota’s success has made the company an emblem of resistance to corporate governance reform, writes the FT’s Leo Lewis....
...We’d followed the development of the newspaper business and classifieds and the move to digital. We’d studied lots and lots of stuff.”Would he buy a newspaper today? “No....
...The Toyota Highlander, fitted with Zoox hardware and software, performs each turn with a curious mathematical precision....
...The altitude gain is only 70m — but ride it 16 times and you’ve done the equivalent of climbing Alpe d’Huez. 2....
...It could either be a) CITIC Capital's January purchase of French beauty business Axilone b) Oaktree's sale of serviced apartment company SACO to Brookfield Asset Management for £430m in February or c) buyout...
...One of the shops would carry Pye R&B singles and EPs — you went in and they’d say, ‘We’ve got this Bo Diddley thing in . . . ’ I’ve still got my old records. They’re in boxes....
...If evidence of a crime is found, the 23-member panel can indict a suspect on a majority vote. “You don’t open a grand jury just to open a grand jury,” said Barak Cohen, a former federal prosecutor....
...Since then demand in these wealthier countries has expanded at an average annual pace of about 400,000 b/d, IEA data show, and it is forecast to reach 47.4m b/d next year....
...“I’d say to our designer: make the B on the headphones bigger,” Iovine recalls. “And he’d say, ‘I don’t know . . . it’s too big.’ We are competing with headphones but we’re also competing with Nike....
...4% to 12% as life of loan projected default rates increased from 24% to 34%, c) customers who had consistently made 8-10 payments stopped paying, and d) a significant number of new customers failed to make...
...You’d think it’d be a windfall for hedge funds if MasterCard or Visa started selling them data on trends in customer purchases (while the card providers sell some data, hedge funds haven’t cracked that yet...
...Instead it rose by 240,000 b/d. In December 2015 it said demand would rise by 10,000 b/d in 2016. As of late May, preliminary estimates instead showed volumes up 364,000 b/d on the year....
...b) Will it mean trouble down the road? (As analysts pore over what segment 2 is costing…) c) Isn’t the analogy to Berkshire Hathway a bit silly? d) What will Chinese walls (if any) look like?...
...The appeal of Spotify is that it offers 95 per cent of all the music you’d ever want to hear....
...According to the deposition testimony of Goldman’s Pawan Tewari, no member of the Board asked Goldman: (a) how the overstated share count error was made; (b) if the error was Goldman’s fault or the Company...
...There are no accrued and unpaid dividends with respect to any outstanding shares of Company Capital Stock. The Company does not have a stockholder rights plan in effect. (d) Other Rights....
International Edition