Hints and tips:
...I have excluded four companies that are either expected to report negative earnings or for which there are no estimates (Moderna, Warner Brothers, Ventas and Loews) as negative P/E ratios mess up the maths...
...Sam Spade, Dashiell Hammett’s detective, was once judged not to be part of Warner Bros’ contractual rights to The Maltese Falcon....
...We’ll just note that S&P currently rates Paramount Global one notch above junk with a stable outlook....
...Warner also owns CNN, another TV channel that seems continually rumoured to be up for sale....
...Also, GfK’s Consumer Confidence Survey US: Fed Monetary Policy Report Results: BASF FY, Deutsche Telekom Q4, Proximus Q4, RE/MAX Holdings Q3, Standard Chartered FY, Warner Bros Discovery Q4 World events...
...Here’s why S&P is making the U-turn....
...Only six diversity officers at S&P 500 companies have become named executive officers, according to ISS Corporate Solutions, a data provider. The roles have also faced mounting criticism....
...s=48&t=P_cjvYplUcVBjt3byvks7A If you thought Ronaldo and Messi were the only ageing stars lending their profile to challenger sports contests, think again....
...The company is set to make nearly $1.8bn in operating revenue this year, according to S&P Global estimates....
...Marvin Gaye’s Let’s Get It On © 2001 Motown Record Company L.P....
...They decided to merge with Time Warner, which ended up not being great and allowing their competitors to fill the space. We allude to that in the economies of scale argument....
...still remain largely cheap, with the Kospi index trading at a price-to-book ratio of below one times, compared with two times for Taiwan’s Taiex and Japan’s Nikkei index, and over four times for the US S&P...
...UMG shares are down 10 per cent over the past 12 months, while the S&P 500 index has lost 4 per cent and Spotify shares have climbed 26 per cent....
...Global services PMI data Germany, March manufacturing orders UK, construction PMI data US, employment report Results: Adidas Q1, Air France-KLM Q1, Clariant Q1, IAG Q1, Piaggio Q1, Warner Bros Discovery...
...Brothers Pictures, being incorporated by founding brothers Harry, Albert, Sam and Jack Warner Australia, cash-rate target decision Bank of England chief economist Huw Pill gives a speech titled Inflation...
...CNN already sells ads at higher rates per viewer than Fox News or MSNBC, according to S&P Global Market Intelligence. Licht is betting on his editorial strategy reinforcing that advantage....
...unemployment claims US, Q4 Personal Consumption Expenditures (PCE) index Results: Alibaba Group Q3; Deutsche Telekom Q4; Intuit Q2; American Tower Q4; Dr Pepper Snapple Group Q4; Budweiser Q4; CBRE FY; Warner...
...Although most investor money has poured into low-cost ETFs that track major indices such as MSCI All World or the S&P 500, there has also been an explosion in the number of highly specialist funds tracking...
...The S&P 500 index gained a relatively meagre 138 per cent over the same period....
...The fund ended 2022 down 10 per cent, according to people who have seen the numbers, compared with a 19 per cent decline in the S&P 500....
...Media group Warner Bros. Discovery and payments group Block also release results....
...Warner Music, Coinbase, Occidental Petroleum, Electronic Arts and Wynn Resorts also report results....
...Warner will probably be the first domino to fall given its financial troubles. But when AT&T sold Warner in 2022 it was through a structure that restricts dealmaking for a couple of years....
...In the communications sector, the video entertainment companies (Warner Bros Discovery, Paramount, Disney, Netflix et al) explain the bulk of the outperformance....
...The pill was developed with Warner Lambert, which bought GSK out of the joint venture in 1998....
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