Hints and tips:
...Efforts to cut costs by reducing marketing led to a 6 per cent drop in revenue in the last quarter. Cash flow could soon become a problem....
...Since then, the average price for a deed has fallen 70 per cent to about 2.6 ETH ($1,200)....
...Big tech companies like the so-called FAANGs — Facebook, Amazon, Apple, Netflix and Alphabet — reached new heights during the pandemic....
...The business moved to a sectioned-off room on the 37th floor of Citadel’s headquarters on Dearborn Street in Chicago, separated from the rest of the hedge fund by a double height wall of sheet rock....
...But that was at the height of the boom in special purpose acquisition companies. As DD has told you, things have soured significantly since then....
...Its flagship fund Wellington returned 24.4 per cent in 2020 — more than twice the average hedge fund’s gains — and is up 6 per cent in the first three months of 2021, according to investors....
...Including the special interim dividend of 39.6 cents a share, Ferrexpo declared record dividends of 72.6 cents for 2020, worth $426m. It paid 19.8 cents a share in 2019....
...Between the beginning of this year and the end of 2020, 22 more are set to join them, providing another 1,412 floors to a total height of 3.6 miles....
...The Nasdaq 100, meanwhile, is looking at a 0.5 per cent gain to 6,809....
...Facebook said it expected to spend $15bn this year on data centres and other facilities — a huge increase on the $6.7bn it spent in 2017....
...Brainery hosts a lecture on the history of scotch whisky (with a tasting, of course). 19:00 – Author Jonathan Gould discusses his new book about Otis Redding in Harlem. ———————————————————- Weds 13 Dec...
...former chief executive and three other ex-senior executives have been charged by UK authorities with fraud related to the emergency cash injections that saved the bank from a government bailout at the height...
...It also stands 7 metres high, about the height of a double-decker bus, and weighs just under 6 tonnes....
...The S&P is up 6.5 per cent since its 2-year intraday low on February 11, with analysts citing a range of factors for the bounce back....
...In total, 5,372 of the 6,178 stocks had fallen at least 10 per cent from their 52-week highs....
...In the opening minutes Japan’s Nikkei 225 fell 0.6 per cent and South Korea’s Kospi Composite fell 0.1 per cent. After an hour of trade Sydney’s S&P/ASX 200 was down 0.1 per cent....
...The S&P 500 equity index fell 0.4 per cent to 1,953, leaving it about 4.6 per cent up from the low reached at the height of August’s savage bout of volatility, but 8.5 per cent below the record high it struck...
...Trafigura Holding has 6.23 per cent, Clough Capital Partners has 6.86 per cent and Owl Creek Asset Management 7.99 per cent....
...(Financial Times) Private equity keeps $789bn of powder dry: Private equity groups are holding more cash for acquisitions than they had at the height of the leveraged buyout boom, in spite of a fall in...
...Countrywide was taken private by buyout group Apollo at the height of the housing boom in 2007 for £1.1bn....
...News that Barclays faces a UK investigation over claims that it lent money to Qatar at the height of the financial crisis in 2008, when the bank twice turned to the gas-rich state to raise a total of £6.1bn...
...It stressed on Monday that it would hold on to the 6.7 per cent stake that it acquired in two equity raisings in 2008....
...“The UK-born Ms Lake was most recently CFO of JPMorgan’s consumer business and worked as global controller of the investment bank from 2007-2009 at the height of the financial crisis.”...
...The stricken wind turbine manufacturer, the largest in the world by sales, reported its lowest quarterly order intake since 2006, worse than at the height of the financial crisis....
...An affiliate of Apollo Global Management, the US private equity group, is seeking to raise $1bn in a share offering to reduce debt at a property company acquired at the height of the US housing boom....
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