Hints and tips:
...to c.$1.2bn....
...The investment was funded through the sale of a logistics company he had founded in his twenties after returning from a stint with P&O Ferrymasters in London....
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...P/Es and rates are not in a mechanical relationship that holds under all circumstances, but it is pretty clear that recent P/E compression and higher rates are linked....
...Tech tools — Logitech MX Mechanical Logitech has expanded its Master Series of high-end peripherals with two new mechanical keyboards — the full-size MX Mechanical and minimalist MX Mechanical Mini — and...
...Adam Abbas, the co-head of fixed income at Harris Associates, said markets were “effectively” closed for triple-C rated companies looking to raise debt, raising the spectre of “a natural default cycle”....
...Suncor’s market capitalisation was C$60bn ($47bn) on Wednesday, and its shares rose 10 per cent after Elliott’s announcement on Thursday....
...Today, it employs more than 1,000 staff and serves a roster of multinational companies in the Philippines that includes Unilever, P&G, L’Oréal and Nestlé....
...The rating agency Fitch assigned a low assessment of triple C minus to the bonds, just one notch above default....
...The pursuit of building mechanical objects to approximate human intelligence is nothing new....
...hotel (Wall Street Journal) S&P’s $44bn IHS deal set to win EU antitrust approval (Reuters)...
...Banks have tried to compensate for the lack of diversity at the very top by promoting more women to the lower rungs of the C-suite, as evidenced by reshuffles at BofA and JPMorgan this year that handed more...
...CGG, which produces imaging software for use in oil exploration and carries one of the lowest ratings of triple-C plus, raised $500m last week at a coupon of 8.75 per cent....
...Canada-based Innergex Renewable Energy warned of a C$44m-C$60m hit to its Texas wind farms due to “contractual obligations to supply a pre-determined daily generation”....
...SoftBank invested C$99.1m in the lithium miner last year as part of a C$1.1bn fundraising and has a stake of almost 10 per cent....
...But come the market downturn, that credit — from triple A to triple C — risks exploding in their faces....
...As a result, Ashtead now sees PBT for the financial year ending Apr-20 to be c£1,050m (-10% vs. previous consensus c£1,170m)....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...says Johnny C Taylor, president of the Society for Human Resource Management....
...Stocks seen as most exposed to global trade, such as Caterpillar, John Deere and tech names like Apple and Intel, took a brief dip around lunchtime on Tuesday and trimmed the advance for the S&P 500 to as...
...Shares of Hong Kong-listed ZhongAn Online P&C Insurance trade at less than a third of the Vision Fund’s estimated purchase price before ZhongAn’s IPO in 2017....
...Shares in Barrick fell 1 per cent to C$16.98, while Newmont dropped by 0.3 per cent to $36. Goldcorp was down 0.3 per cent to C$14.56....
...The so-called big three indexed fund providers — Vanguard, State Street and BlackRock — are estimated to have controlled about 15 per cent of the S&P 500 in 2017....
...Just over half are in mid-tier class B locations and about a fifth in out-of-favour class C....
...Benchmark Analysts, for instance, slapped a C$100 price target on Canopy Tuesday, which “assumes a 15x sales multiple on our 2023 sales estimate of C$5.2B, discounted back 4 years.” Right....
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