Hints and tips:
The listing of dual-class shares will mean the partial disenfranchisement of many investors
...Valued at more than $40bn at the height of the pandemic in early 2021, Novavax made a series of mis-steps with the launch of its Covid vaccine....
Issues with leadership and strategic mis-steps raise doubts but generative AI gives hope for comeback
...But the mis-step has left the company in a difficult position with $3bn of debt and West is likely to have a big clean-up job on his hands. It’s unclear what Scherr plans to do next....
...In spite of its overall strong performance, Buffett spent part of his letter bemoaning mis-steps....
...Even with these structural advantages, Intel’s manufacturing mis-steps, leaving it dependent on ageing technology, might have doomed it to irrelevance....
...There are run-ins with oddball neighbours and stand-offs with rowdy youths; encounters with overbearing in-laws and intrusive pigeons; sliced fingers and mis-sent texts....
...Activist investor Starboard disclosed last year that it had taken a 5 per cent stake in Splunk, stating in a presentation at the time that the company had been “plagued by mis-execution” but could see an...
...Citi was among 20 large banks that collectively paid more than £377bn in such costs between 2008 and 2018, as a result of mis-selling, money-laundering, market abuse and other misdemeanours, the researchers...
...Yet production mis-steps have continued, and while not all manufacturing errors affect safety, they suggest a disconnect between top-level initiatives and the reality on the shop floor....
...But Haley has had her own mis-steps, including failing to mention slavery when asked about the cause of the civil war at a New Hampshire town hall this week....
...Worse, she took the top job at CitiMortgage just weeks after the now infamous “taper tantrum” of 2013, a policy mis-step by the US Federal Reserve that briefly caused interest rates to spike and dried up...
...Byju’s has denied the mis-selling allegations and has said that the job cuts were, in part, a result of overlapping roles as it integrated businesses it had acquired....
...But Licht’s brief tenure at the top of CNN was riddled with mis-steps that alienated staff and failed to revive CNN’s falling ratings....
...Steven McDonald, an analyst at S&P Global, said the progress Citrix had made “tempers the risk of integration mis-steps and cost-saving delays and bolsters our confidence that its improving profitability...
...Years of financial and operational mis-steps contributed most to the company’s collapse....
...A group holding $500mn of those loans chose not to return the mis-wired funds to the US bank....
...launches £1.25bn takeover bid for Kape Technologies (FT) Activist investor ValueAct takes stake in Spotify (FT) Citi nears sale of Mexican bank Banamex despite state interference (FT) Deutsche forex mis-selling...
...A version of this article was first published by Nikkei Asia on December 20 2022. ©2022 Nikkei Inc....
...“Attractive valuations, coupled with the strong balance sheets and Japan Inc’s sustainable approach to stakeholders, makes it an attractive place to invest for ESG investors,” Adler told me....
...On LinkedIn, McCarthy has listed all 19 of his job titles since 1980, including a six-month stint at failed payments start-up Clinkle, a rare mis-step on his resume....
...Tech tools — Xiaomi’s Mi TV Lux Transparent Edition I will admit, news of “the world’s first transparent television” got me thinking about the Emperor’s New Clothes....
...Medical groups generally do not ban scientists from pharma companies that have paid billions in penalties for mis-selling dangerous drugs or helping to addict millions to opioids....
...start-up Aurora to go public in $11bn Spac merger (FT) Jack Dorsey says Square will launch bitcoin DeFi platform (FT) Revolut valued at $33bn after $800m fundraising (FT + Lex) Deutsche Bank’s Spanish mis-selling...
...Fitch Ratings warned on Tuesday that WeWork had “minimal headroom” to weather management mis-steps or an economic slowdown even after last week’s rescue by SoftBank ....
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