Hints and tips:
...The Israel Innovation Authority spent Shk7.5mn (about $2.1mn) on creating the Association of Natural Language Processing....
...While Capital One trades at 1.4 times tangible book value, it will pay 2.6 times for Discover, inclusive of a 27 per cent premium owed to shareholders. (American Express trades at 6 times book value)....
...Even neighbouring Germany is trying to cut numbers and considering outsourcing the processing of claims overseas, as Denmark has — unsuccessfully — tried....
...This week, meanwhile, the FT reported that the company was working on adding a premium, paid-for “tier” of generative AI services to its search engine....
...While activists have long understood how to express disapproval of poor labour practices, investors are also making their voices heard....
...Unlike credit card issuers like American Express, it does not need to ramp up marketing or card perks to sign up customers....
...In October the Swedish car parts maker Veoneer sold itself for a lofty 85 per cent premium to a start-up investment firm, SSW Partners....
...Investors in Spac IPOs have a right to redeem their shares at a premium rather than going along with any deal....
...Global Blue’s main business is processing sales tax refunds and it is heavily reliant on international travel, which has all but ceased because of the pandemic....
...The fees are paid primarily by users of premium cards that provide air miles and other rewards. The company forecast revenue growth of 8-10 per cent in 2020....
...He built Abercrombie & Fitch, The Limited and Express into big national chains....
...It would surpass a recently agreed €4.1bn takeover of German generic drugmaker Stada, which saw Bain and Cinven pay a staggering 50 per cent premium to see off rival suitors....
...But premiums have remained the same, fattening margins. Donato Paolo Mancini 75....
...FT premium subscribers can click here to receive Due Diligence every day by email....
...Glass Lewis, the influential proxy advisory group, said the deal yielded “no meaningful premium to Rite Aid investors”....
...Efficient networks around warehousing hubs were crucial to processing the 40bn parcels the state postal service said were delivered in China last year....
...FT premium subscribers can click here to receive Due Diligence every day by email. We knew it was going to be a big story, but DD had no clue how wild things were going to get....
...Utilities can be valued on their regulatory asset base but some trade at significant premiums to this measure....
...Back in 1999, the annual premium for a family plan was just $5,791, with workers covering $2,196 of that....
...American Express said it was reviewing websites brought to its attention by activists and would take “appropriate action”....
...“But they get a fee from the drugmakers for processing the cards, so for them it’s good business.”...
...DPD, the express parcel carrier, is looking for a site in the Midlands for its fifth UK sorting hub, as it steps up an aggressive expansion drive....
...“At the end of the day, premium is the only real factor which moves the oil,” says a European crude trader. Arbitrage “economics do not seem to be working right now”....
...Their offer of $48.75 a share represents a 6.3 per cent premium to the company’s closing price on Monday....
...DPD, the express delivery company, is bolstering full-time UK staff numbers from 9,000 now to 11,000 by 2016 after winning lucrative contracts to deliver parcels for John Lewis and Marks and Spencer....
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