Hints and tips:
...Chief executive and co-founder Chris Best told the FT that his company’s fast growth proved that “great writing is valuable”. “What you read matters,” he said....
...The investment manager’s US subsidiary, Abrdn Inc, also struck a deal with Tekla Capital Management to acquire four US-listed healthcare and biotech trusts, with $3bn of assets....
...A year later, with co-founder Nate Blecharczyk, they launched Airbedandbreakfast.com, soon shortened to Airbnb....
...He in effect now runs a mining multinational that includes, according to the US government, gold, diamonds, oil and lumber operations across Syria, Sudan and the Central African Republic....
...Viewed in this way, lumber costs do not accurately indicate future DIY retailer sales. True, the astronomical surge in lumber prices did turbocharge top line growth at both companies....
...“Getty Images is an iconic brand that is well positioned to succeed in today’s dynamic digital economy,” said Chinh Chu and Douglas Newton, co-founders of CC Capital....
...A surge in lumber prices has helped. Dearer commodities translate into higher prices for end consumers, boosting the top line....
...Both Home Depot and Lowe’s operate cavernous warehouses filled with aisles of lumber, paint and lighting fixtures....
...“When the retail investor starts to view the market as a one-way bet it’s usually an alarm bell and that does seem to be happening,” said Paul Markham, global equities portfolio manager for Newton Investment...
...& Co raised similar concerns....
...“We have co-operated with this investigation and are pleased to have reached a resolution with the US Attorney’s Office, DOJ, and SEC,” chief executive Dennis Knowles said in a statement....
...Coronavirus digest The UK’s medicines regulator has sounded the alarm over unsafe and unlicensed coronavirus tests after an investigation co-ordinated by Interpol....
...A version of this article was first published by the Nikkei Asian Review on January 8 2020. @2020 Nikkei Inc. All rights reserved....
...Mothercare itself has possetted Mark Newton-Jones....
...• Andy Warwick is to join Newton Investment Management, part of the $1.9tn BNY Mellon Investment Management, as co-lead portfolio manager on real return strategies....
...• Guy Christie has moved to Chawker & Co as a director for the UK investment and wealth advisory boutique. He has previously worked at Newton and Schroders....
...According to the European Fund and Asset Management Association, the worst outcome is a “super hard” Brexit where there is no UK-EU deal and no co-operation partnerships in place....
...The biggest US home improvement retailer is benefiting from a robust US housing market, while some of its products, such as lumber, tend to be much less susceptible to competition from the likes of Amazon...
...The move comes amid heightened trade tensions between the US and Canada over products including dairy and lumber....
...The announcement comes at a time of high trade tension between the new administration and the Canadian government, over the future of the Nafta and over lumber and dairy tariffs....
...The beer brand traded the Clydesdale horses and puppies of previous years for the story of Anheuser-Busch co-founder Adolphus Busch’s immigrant journey to America....
...Helena Morrissey, the former chief executive of UK-based Newton Investment Management and founder of the 30% Club, an organisation that campaigns to make boardrooms 30 per cent female, said: “The evidence...
...ENTREPRENEURSHIP Dollar Shave Club Dollar Shave Club is a subscription-based US shaving company, co-founded by former marketing executive Michael Dubin in 2011....
...But Paul Flood at Newton Investment Management, which invests in the trusts, says there is an important difference in investing in the peer-to-peer loans and taking equity in the lending companies....
...Asif Noor and Anoosh Lachin, two of the co-founders of Auriel, are moving to Aspect. • M&G Investments has hired Tristan Hanson as a fund manager in the multi-asset team....
International Edition