Hints and tips:
...A nice way to tell the story of US consumer resilience is with Coca-Cola’s results in North America. In the third quarter, prices rose 5 per cent, and volume was flat. Not impressed?...
...and the Americas....
...Nisbet describes it as a “rethink” and says she would like to steer the focus towards artists — “often overlooked in the business of doing everything else”....
...Philip Stafford ‘That’ seven-year Treasury auction Auctions of seven-year US government debt generally spark interest only among specialists....
...Since then, the costs of doing business during Covid-19 have throttled growth and profits, with billions spent on keeping Amazon’s reputation for fast delivery intact....
...Since the turn of the century many of these boisterous and colourful pits, immortalised in films such as Trading Places, have fallen silent as automation took over....
...That, say the critics, creates a potential conflict of interest because exchanges also act as semi-government agencies....
...philip.stephens@ft.com...
...Thankfully, America today is far more insulated from the vagaries of OPEC....
...As they write Gibson’s next verse, inspiration may come from one unexpected industry bright spot. The number of ukuleles sold in America has shot up from 500,000 in 2009 to 1.75m last year....
...As Mr Buffett said in Omaha, Benjamin Graham’s Intelligent Investor and Philip Fisher’s Common Stocks, Uncommon Profits are the great investing texts to help solve this equation....
...The retailers are often acquired as part of vast funds that bought the business with debt carrying penalising interest payments....
...It’s doing the most with the least.”...
...In so doing, we conflate business success with wisdom....
...In other words, most US CFOs are expecting America to be in recession in 2019 or 2020 after growth peaked around mid-2018. The UK tends to fall within a similar business cycle as the US....
...A number of financial services businesses have opted for Dublin or Frankfurt as the location for their EU operations after the Brexit vote but the Dutch city is also emerging as a viable alternative....
...Additional reporting by Philip Stafford in London...
...“They could be doing R&D on electric vehicles if they didn’t have to worry about what to do with their supply chains.” The Tundra looks like an all-American beast of a truck....
...“Obviously there is a lot less volatility in the markets and the costs of doing business have skyrocketed,” Doug Cifu, chief executive of Virtu told the FT....
...And this was several years before the North American Free Trade Agreement. These decades of multinational shape-shifting have made America’s largest corporations easy prey for an economic nationalist....
...The business was also registered in Delaware, America’s favourite corporate haven, just two months before news of its takeover. What was going on?...
...“Sell in May and go away, don’t come back till Labour Day,” as the saying goes. So presumably, after the US wraps up its long weekend and gets back to business on Tuesday, things get real....
...But Virtu lacks Citadel’s US equities wholesaling business and does not trade fixed-income in as large amounts....
...Prior to that he spent nearly 20 years at Walmart where he served as chief information officer and later president and CEO of Sam’s Club, report Pan Kwan Yuk and Philip Stafford....
...for the Americas...
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