Hints and tips:
Related Special Reports
...The deal gives the company an enterprise value of £207mn, Natura said in a statement, a fraction of the €1bn that Natura paid to acquire the business from L’Oréal in 2017....
...Brazilian cosmetics company Natura has explored offloading most of its Avon brand’s international business, as the group unwinds a series of high-profile acquisitions to focus on its home region....
...Even inside the S&P 500 there is a stark performance disparity between the biggest stocks and the rest....
...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...“There’s a huge, huge population in America that loves the mutual fund for its simplicity,” says Carol Geremia, president of MFS, Leffler’s old company....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Shareholders vented publicly and in meetings with management as Meta’s stock sank in 2022, and it was briefly removed from the ranks of the 20 largest companies....
...shake up the investment management industry....
...“Higher interest rates are benefiting L&G’s large pension business, and Aviva’s ongoing transformation is reaping rewards,” she said, noting its diversification into wealth management....
...For Elliott, a bid for Currys fits nicely into a UK private equity portfolio that already includes consumer investments such as the bookshop Waterstones and the food chain Wasabi....
...BlackRock and MFS Investment Management both voted against Glencore’s climate plan at the Swiss miner’s annual general meeting earlier this year, marking a rare break between the mining company and two of...
...Especially when the S&P 500 is up 20 per cent and you’re not in a recession,” Sharps told the FT....
...As private sector R&D investment has fallen, the state has made up for it, and then some: Mui points out that “a lot of the elevated government investment in R&D was Covid-related, such as health research...
...After all, this is potentially a big deal, given the size of Norges Bank Investment Management and its status as the world’s biggest and broadest de facto index fund....
...Subscribers rose to a peak of 3.41mn in 2019’s accounts, but this figure was restated as just shy of 2mn in 2020’s accounts, and then as 1.1mn in 2021’s accounts....
...“There is simply no ambiguity in my mind,” said Judge David R Jones as he made a ruling last May in the bankruptcy case of Serta Simmons Bedding, a large, private equity-backed mattress company....
...For example, the company is part of the so-called Mansion House Compact which also includes L&G, Aviva and Scottish Widows....
...Personally I don’t believe expenses such as R&D should be treated as investments. Most are stay-in-business costs, often wasted, and for the market as a whole a zero-sum game....
...A crucial mark of success will be when Rolls-Royce is upgraded to investment grade by all of the rating agencies. S&P Global upgraded it to BB+ in December....
...Turbocharged by an investment from private equity giant KKR eight years ago, assets under management have swelled to a record $63bn, an anomaly among the region’s equities hedge funds that have largely retrenched...
...Trideep Bhattacharya, chief investment officer at Mumbai-based Edelweiss Asset Management, called Kotak’s mid-cap portfolio dumping “alarmist”....
...Of the 16.9 per cent returned by the S&P 500 index in the first half of this year, 12.9 per cent derived from the performance of only 10 companies....
International Edition