Hints and tips:
...The value of short positions against Argentine bonds lent by international custodian banks is currently $41mn, a sharp increase from $25mn ahead the mid-August vote, according to data from S&P Global Market...
...About 45 per cent of those holding S&P 500 and FTSE 350 CEO jobs in the first quarter of 2023 had previously run a division. A fifth of S&P 500 and a quarter of FTSE CEOs had held a role in finance....
...By June next year, S&P Global is predicting the US default rate will rise to 4.5 per cent, up from 1.7 per cent at the start of 2023....
...Adam Abbas, the co-head of fixed income at Harris Associates, said markets were “effectively” closed for triple-C rated companies looking to raise debt, raising the spectre of “a natural default cycle”....
...While the rate of departures across Europe for companies listed on the EuroNext index has fallen year on year, S&P 500 companies in the US have seen an increase of almost 15 per cent this year....
...Data for 2020 show that fewer than 6 per cent of the chief executives of S&P 500 companies are women, while the proportion of female executive or senior-level officials and managers is just over a quarter...
...Ethan Ilzetzki, associate professor of economics at LSE: The UK will lag behind other developed economies in 2023....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...Our last published fair value of 440p (29% upside) is equivalent to a P/TNAV multiple of 0.79x....
...The stock trades at 21x FY22E P/E. During the lockdown, we have seen major brands, i.e....
...“The S&P 500 at 3,100 and the 10-year Treasury yield between 1.9 per cent and 2 per cent....
...The Covid-19 vaccine(s) will prove a shot in the arm for both the UK economy and its peers....
...Shares in Tiffany, the S&P 500-listed luxury brand, for example, dropped by about 45 per cent between last summer and December, although it has since recovered about half those losses....
...It’s true that the S&P 500 has tended to peak about five months before the start of a recession, with a range of 1 to 12 months....
...(FT) News Round-up Bain and Cinven cave to Elliott’s Stada demands (FT) P&G proxy fight pits former finance chief against longtime protégé (WSJ) Chaebol clean-up propels tripling of S Korean M&A volumes...
...An August 30, 2016 note by S&P indicates that they are considering making their methodology even stricter....
...Finance academics have found that the average performance of buyout funds after fees is worse than a simple passive investment in the S&P 500....
...Since the split was announced in late September, though, Alcoa’s shares have continued to underperform the S&P 500 index....
...Japan’s Nikkei was up 1.5 per cent, while Australia’s S&P/ASX 200 rose 1 per cent and Hong Kong’s Hang Seng improved 0.9 per cent....
...Their return of 9.7% in 2014 was below 13.7% for the S&P 500, including dividends....
...But since his first abortive attempt, he has raised the stake of his Sherborne investment vehicle to 29 per cent according to S&P CIQ....
...Associates....
...In all these years these numbers underperformed the US S&P 500 index, although many in the hedge fund industry argue it is unfair to make a direct comparison between the two....
...Our analysis found that if investors had bought shares in Glassdoor’s 50 “Best Places to Work” in 2009 and held them until the end of 2014, they would have outperformed the S&P 500 by 115.6 per cent....
...Property prices increased 8 per cent in 2013, according to S&P/Case-Shiller, although growth in the market fell to 1.5 per cent in 2014....
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