Hints and tips:
...from moving their stock market listings overseas, particularly to the US, and retain staff....
...Then Covid hit, bringing the price of cruise ships down dramatically. In October 2020, Koch, along with Elwartowski and Romundt, purchased an ex-P&O Cruises vessel at the knockdown price of $9.5mn....
...As soon as I got on board P&O Pioneer I went to the bar and drank a pint of beer to celebrate. And then another one for luck....
...Either de-escalation follows and prices go back up, or most of us die and portfolios don’t matter (I call this “the Oppenheimer put”, and Klement is quite right about it). (b) is very unlikely....
...Looking at the overall speculative-grade US debt market, S&P Global Ratings said that “much will depend on the depth or duration of the recession” in 2023. How uplifting....
...In 2011, the US online retailer Amazon opened a warehouse the size of nine football pitches right on top of it....
...The fear is that in the event of a conflict with China, US firms will be unable to get the microchips needed to make smartphones, electric cars, new weapons, computers industrial machines, and even medical...
...“It is often said that the pandemic split the world of work into those who could work at home and those who couldn’t, but in truth the virus mostly exposed cracks of inequality that were already there....
...O Over-rule When an umpire reverses a call by a line judge, aka how umpires prove they’re awake. P Passing shots Things of beauty that have more or less killed off serve-and-volley tactics....
...In a recent column for the FT, she argued that this legal change could have avoided this year’s debacle at P&O Ferries, which sacked nearly 800 workers to replace them with cheaper agency staff....
...P&O, owned by Dubai-based DP World, was criticised during the pandemic for a $330mn dividend payout even as it laid off staff and took government funding to keep freight services running....
...Morten O. Ravn: Hopefully not....
...Some companies, including Procter & Gamble, Ford and PwC, have said that they will make remote working a permanent option for staff, while others such as Lloyds Banking Group and S&P Global have announced...
...Last week was the worst for S&P 500 stocks in almost four months. “Wall Street loves to climb the wall of worry,” said one investment officer. “The facts are that the Fed hasn’t done anything yet.”...
...Unlike most of the others advising the new president on the virus, Mr Zients has no scientific or medical background....
...The latest in our Charts that Matter series shows the 75 per cent rebound in the S&P 500 index of key US stocks, kickstarted by the Fed and boosted by President Joe Biden’s recovery plan, was the biggest...
...Earlier on Sunday, Robert O’Brien, US national security adviser, said Mr Trump wanted to return to the White House but would stay at the hospital as he neared a critical phase....
...Of course he can leave us out and ignore us, but at his peril.”...
...As export growth in USD terms declined to -13.3% y-o-y in Q1 2020 from 0.5% in 2019, the year-on-year change in the prices of US imports from China recorded by US Customs was -1.5% in January-February 2020...
...And when 40 per cent of US workers say they don’t have the cash to cover a $400 emergency, he said: “You can look at the system and say it’s not set up to deal with these kind of crises.”...
...BofA estimates that as much as 40 per cent of all triple B rated tranches in the US are owned by insurance companies....
...Margin came in at 22% vs MSe at 23.8% as a result of mix (US O&G higher margin)....
...Sarah O’Connor’s work on Leicester dark factories in 2018 brought all of this stuff to the surface and shareholders, frankly, didn’t give a shit....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...Michael Skapinker Working from home will leave us sticklers with more time to stickle. Most of us accept English evolves but have (mis)uses we can’t abide....
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