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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....
...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....
...Wall Street’s benchmark S&P 500 fell 0.6 per cent while the tech-heavy Nasdaq Composite slid 0.8 per cent....
...to S&P Global Ratings’ definitions....
...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....
...Atos is burning cash flow at an average of €385mn annually through 2025, according to S&P Global estimates....
...In personal news, I’m about to take a week’s break — early December preparation for the festive season — so next Sunday my colleague Steffie Banatvala will be manning the good ship Week Ahead....
...In 2006, the maison bought Villa Empain in Brussels, restoring the house and turning it into a Centre of Art and Dialogue between eastern and western cultures. boghossianjewels.com C is for Brunello CucinelliThe...
...Even the rolling default rate of uber-junky triple-C rated US companies is the lowest it’s been for nearly four decades, according to Deutsche Bank....
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