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...As a classicist I’m conflicted....
...to c.$1.2bn....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...Preheat the oven to 220°C/200°C fan/425°F/gas mark 7 and line a baking sheet with baking paper....
...Here’s what else I’m keeping tabs on today: Consumer companies: Do-it-yourself hardware retailer Lowe’s and department store Macy’s will report results, with investors keen for more commentary on the state...
...Economic data: S&P Global releases flash purchasing managers’ indices for the US, the UK, the EU, France and Germany....
...The S&P 500 reached its highest level in more than a year yesterday ahead of the meeting....
...Which is why I’m sceptical much change happens....
...Well, I’m still waiting. Stocks have yielded less than bonds ever since then. . . ....
...Wall Street’s benchmark S&P 500 fell 0.6 per cent while the tech-heavy Nasdaq Composite slid 0.8 per cent....
...The S&P 500 is not yet quite as expensive as it was in the zero-rate, fiscal bonanza, everyone-has-loads-of-cash glory days of 2021. But it is getting closer....
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...to S&P Global Ratings’ definitions....
...The S&P 500, investment grade spread, high yield spread, loan spread, the level of rates, home prices, crypto, M&A activity, IPO activity; everything improved after the Fed signaled that rates are going...
...Lucy FisherAnd also Richard Moore, MI6 “C” — he’s had to resign in ignominy. Jim PickardSell them all! Lucy FisherWho else did you find?...
...You do the S&P 500 questions. Alexandra Scaggs The S&P is a multinational index. Robin Wigglesworth Yes. Alexandra ScaggsI take no responsibility for whether this is right or not. OK, so 497....
...Law firm Quinn Emanuel Urquhart & Sullivan said on Monday that it’s in talks with a large block of debtholders about possible legal action....
...And finally A few decades ago, the residents of Wigtown (population c. 1,000) in south-west Scotland wondered if they could follow Hay-on-Wye in Wales’s lead....
...Here’s what else I’m keeping tabs on today: Manufacturing: S&P Global publishes its manufacturing purchasing managers’ indices for the EU, UK and US while the US Institute for Supply Management publishes...
...Then I make my way down the plush C-suite corridors back to the elevator. Follow This is a movement of 9,000 shareholders in oil and gas companies....
...Alliance Pharma, M&C Saatchi and YouGov all fall in this zone. But it’s not only about individual companies....
...Take, for example, triple-C bonds’ yield spread over Treasuries. These are the junkiest junk bonds....
...Similar low-cost Covid policies offered by Alibaba- and Tencent-backed ZhongAn Online P&C Insurance and midsized Yong An Insurance have also been removed from current product offerings....
...It’s a matter of judgment whether this story, along with an M&A blog pick-up and a near 10 per cent intraday share price move, justified a statement to the market....
...The S&P 500 ended the day down one and a half per cent and the yield on the policy sensitive two-year Treasury hit its highest level in 16 years. The FT’s Colby Smith has more....
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