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LombardKate Burgess
Why the Spac mania won’t bridge the Atlantic
...Mr Stapleton may be less so....
October 1, 2020
Quicken Loans Inc
Dan Gilbert will keep strong grip on Quicken Loans after IPO
...The underwriters on the IPO are Goldman Sachs, Morgan Stanley, Credit Suisse, JPMorgan, RBC, and Siebert Williams Shank....
July 7, 2020
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Driverless vehicles
Ford open to working with foreign rivals on driverless cars
...Mr Marakby declined to comment on the Volkswagen talks specifically....
November 11, 2018
Due Diligence
Nikola: facts vs Spacs Premium content
...(FT) No more Mr Nice Guy Google’s Sundar Pichai has earned a solid nice-guy reputation....
September 15, 2020
FT People: Industry and manufacturing
Ford hires Amazon veteran Tim Stone to head finances
...Bob Shanks will retire as CFO at the end of the year and be replaced by Tim Stone, a 20-year veteran of Amazon who also served as CFO of Snap, the parent company of youth-focused messaging platform Snapchat...
March 21, 2019
Media
Murdochs take slimmed-down Fox into sports betting
...Sports viewership is “the single most essential trend in our business”, Mr Shanks said....
May 9, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Airbnb Inc
Airbnb buys HotelTonight ahead of anticipated listing
...He and Mr Chesky have known each other since before Mr Shank founded HotelTonight....
March 7, 2019
Ford Motor Co
Ford profits halve in 2018 as losses in China and Europe bite
...“While 2018 was a challenging year, we put in place key building blocks to build a more resilient and competitive business model that can thrive no matter the economic environment,” Mr Shanks said....
January 24, 2019
Ford Motor Co
Ford projects stronger 2019 as turnround takes hold
...Mr Hackett has suggested that Ford would begin to generate results from his turnround strategy this year”....
April 25, 2019
Ford Motor Co
Ford chief urges patience after company forecasts weak profits
...“For 2019 we’re not counting on much help externally,” said Mr Shanks, although he added the company did not expect a US recession....
January 16, 2019
Ford Motor Co
Ford earnings fall on China weakness
...Ford reported a $378m loss for the quarter in China, though Mr Shanks said that this was $100m less than the previous quarter’s loss....
October 24, 2018
US & Canadian companies
Ford warns of potential $11bn restructuring charge
...That work is already under way,” Mr Shanks told analysts. Jim Farley, Ford’s head of global markets, added: “The biggest issue we face is the UK....
July 26, 2018
US & Canadian companies
Ford plans more cost cuts, fewer sedan models
...But Mr Shanks said commodity prices remain of concern in an era when trade tension threatens more tariffs....
April 25, 2018
US & Canadian companies
Ford joins GM and Fiat Chrysler in trade war warning
...Mr Manley replaced Sergio Marchionne, who died on Wednesday....
July 25, 2018
Companies
Fiat Chrysler profits set to outpace Ford in 2018
...“It clearly was a challenging year for us,” chief financial officer Bob Shanks said....
January 25, 2018
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
US & Canadian companies
US car groups issue warnings over outlook in 2018
...Bob Shanks, Ford’s chief financial officer, told Deutsche Bank’s automotive conference: “We are not satisfied with our performance”....
January 16, 2018
US trade
China signs on for $43bn Alaska LNG development
...The agreement comes as Mr Trump pledged on Thursday to change a US-China trade and economic relationship that he described as “far out of kilter”....
November 9, 2017
Commodities
China and India drive Asian LNG price to 10-month high
...Mr Wogan said: “For a while, people thought China was over-contracted but in 2018 it will be a net [supply] deficit on their contracted volumes.”...
November 7, 2017
US & Canadian companies
New Ford boss adjusts for weak car market
...Bob Shanks said that Ford made some of the tax moves early because of uncertainty about future US policy....
July 26, 2017
Chinese politics & policy
Trump blames US predecessors for China trade deficit
...Potential is the key word,” said Kerry-Anne Shanks, an Asia gas specialist at Wood Mackenzie, who described the project as “speculative”....
November 9, 2017
News in-depthEnergy sector
South Korea steps back from nuclear power
...Mr Moon’s plans to suspend or scrap nuclear developments within South Korea could hurt this record.” says Ms Shanks....
June 19, 2017
Small Talk - CompaniesKate Burgess
Renewi’s baby talk masks a grown-up deal for rebranded Shanks
...Mr Dilnot’s big plan is for Shanks to attain greater economies through scale. As strategies go, it is hardly unique. The industry has been consolidating fast....
March 5, 2017
News in-depthCommodities
Asia market for liquefied natural gas derivatives catches alight
...“They are helping to pull [in] liquidity,” says Mr Davis. Additional changes in Japan could boost liquidity further....
September 6, 2017
Energy sector
Korea power stocks drop as Moon halts nuclear plants
...“[The government’s] anti-nuclear stance could challenge Korea’s ambitions to export nuclear technology to other countries,” said Kerry-Anne Shanks, analyst at energy consultancy Wood Mackenzie....
June 28, 2017
ExplainerCurrencies
Five things we learnt from the US earnings season
...Overall, though, the number of mentions of Mr Trump has dropped sharply since the reporting season six months ago....
August 8, 2017

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