Hints and tips:
...Par Technology, which provide professional services software, is among the most shorted stocks, with 21 per cent of its shares on loan, according to S&P Global Market Intelligence....
...Obviously, this flavour of defence is par for the course in antitrust, but we were curious whether Crevoiserat has been serving a similarly smol bean line to investors....
...Among the surprises: the company’s investments in bitcoin and ether and the inclusion of entities affiliated with OpenAI’s Sam Altman, Silicon Valley networker par excellence, among the biggest investors...
...The company may have missed out on the early flush of AI hype but it has also avoided rushing out a sub-par product that might harm its reputation....
...Both bonds were issued at a discount to par to attract investors. The bond’s guaranteed principal payment is expected to be AAA-rated by S&P, according to the World Bank....
...The stock is trading on 14 times forward earnings, on a par with Mattel. This seems overpriced given that Mattel has fared better sales-wise....
...But as of September last year, autonomous vehicles in China had driven a cumulative total of 70mn kilometres, on a par with the US, according to data from Bain....
...Total annual revenues for the US college football bowl division totalled $10bn in 2022, according to data from the Knight Commission on Intercollegiate Athletics, roughly on par with the annual revenues...
...Depending on the yield, if bonds were trading below par it might encourage investors to hang on to maturity, for example....
...Apollo has instead sold the $500mn loan at par to the hedge fund Citadel’s Citadel Credit Master Fund, according to a person directly familiar with the matter and a court filing....
...Modern Art is not joining this year’s coinciding Paris+ par Art Basel fair as, Shave says, “I am really mindful about what we take on.”...
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...Decent gallery sales were reported from the recent Frieze and Paris+ par Art Basel fairs, but the anecdotal evidence is that buying in general was more muted this year, particularly above the $100,000 level...
...The valuation of $900mn marks a new high for F1 and puts it on a par with some big European football deals....
...India’s exports are already on par with its major south-east Asian rivals....
...Now, Friday was exceptional, and initiatives like the Fed’s Bank Term Funding Program — allowing banks to offer Treasury and MBS collateral to the Fed at their par value — means that things could be entirely...
...The art-market circus travelled from one tent to another as Paris+ par Art Basel launched in the Grand Palais Éphémère on October 19, straight after London’s Frieze fairs....
...Musk has previously pledged to expand the energy storage business to be on par with the company’s carmaking operations....
...In 2013, the American Psychiatric Association’s diagnostic manual, which is essential for accessing health insurance for a disorder, put gambling on par with drug and alcohol addiction....
A tournament featuring pub quiz-style team names is novel enough; the prize money is something else
...Its business in continental Europe is on a par with Sotheby’s and Christie’s in the region, notes Artcurial’s owner, chair and chief executive Nicolas Orlowski....
...The fund’s year-to-date declines of 16.9 per cent, however, are on par with the index. *Ignites is a news service published by FT Specialist for professionals working in the asset management industry....
...Citrix senior loans could generate yields approaching 10 per cent when accounting for both interest payments and the discount to par at which they may be sold....
...“We are probably just at a 10 to 15 per cent completion rate if we are expecting south-east Asia and India capacity to be on par with China,” said Patrick Chen, head of research at CLSA in Taiwan....
...As it were, the convertibles from Peloton and the others were sold as “zero-coupons” at or near par with no accretion feature....
International Edition