Hints and tips:
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...asks Chris Grimes in LA....
...Stock market investors instead get a larger claim to management fee income, usually a 1.5-2 per cent levy. EQT Partners and TPG have been among its early adopters....
...Paulson & Co and Lansdowne Partners this month decided to shut their flagship hedge funds after periods of disappointing performance that destroyed much of the wealth created by these managers in earlier...
...Actively managed UK equity funds on average returned 15.1 per cent net of fees last year, just over 2 percentage points higher than the 13 per cent returned by the UK equity index calculated by S&P....
...CVC Capital Partners raised around €16bn while Silver Lake gathered $15bn for its fifth buyout fund....
...“You don’t want to disappoint your lenders too much,” says a partner at a large buyout group....
...Markets at 0753 BST Asian markets Nikkei 225 up +166.96 (+0.98%) at 17,235 Topix up +13.79 (+1.01%) at 1,380 Hang Seng up +318.27 (+1.54%) at 20,948 US markets S&P 500 up +8.96 (+0.43%) at 2,099 DJIA up...
...Industry insiders portray Boeing as being hidebound by complicated rules that stop the group offering even the smallest favours to local partners....
...CVC Credit Partners and TPG Management are expected to sell bonds next week, according to S&P Capital IQ....
...The retailer’s shares closed on Tuesday down 2.5 per cent, against a fall of 0.2 per cent in the Dow Jones Industrial Average....
...London-based private equity group BC Partners bought a 51 per cent stake in Migros in 2008 but now owns 80 per cent of the shares....
...Chris Shumway gave $750,000 to Restore our Future, while John Griffin of Blue Ridge Partners donated $125,000 to the same super-Pac, and Lee Ainslie, of Maverick Capital sent $100,000 to the group....
...The broad S&P 500 eked out a 0.1 per cent rise to close at 1,195.54. The Dow Jones Industrial Average fell 0.2 per cent to 11,416.3 and the Nasdaq Composite index was up 0.7 per cent to 2,583.03....
...The 30-day delinquency rate fell 1.06% to 2.79% in 1Q10 from 2.82% in 1Q09, according to Experian Automotive. The 60-day delinquency rate fell to 0.78% from 0.79% over the same timeframe....
...UAL , gained 23.7 per cent to $32.19, Northwest Airlines gained 32 per cent to $15.85 and Delta rose 18.2 per cent to $15.98....
...Over the week, the Dow was 2.1 per cent lower, with the S&P losing 1.5 per cent. The Nasdaq was also down1.3 per cent....
...Wimpey shares finished 4.3 per cent lower at 436½p, with rivals Bovis Homes 3.2 per cent softer at 692p and Redrow 2.3 per cent softer at 411¾p....
...2005’s earnings....
...S...
...Lehman said if M&S sales grew by just 2 per cent, this could drive a 10 per cent increase in earnings per share. Bid speculation continued to surround Somerfield , up 3 per cent to 197.75p....
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