Hints and tips:
Related Special Reports
...XTX, one of the world’s biggest proprietary trading and market-making groups, had sought to use Aviva Investors’ and L&G Investment Management’s money-market funds to invest some of its own cash....
...Equinox, which is owned by the founders of real estate group Related Companies, faced a liquidity crunch as a result of the 2020 pandemic when it was forced to close gym chains for many months and saw its...
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...Goldman estimates that the median short interest in S&P 500 companies is still remarkably low at 1.7 per cent, but is up from 1.5 per cent at the end of 2021....
...The group also includes executives of Related Companies, private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017. Read more here...
...“European law allows the free movement of people, companies and goods. It goes against European law.”...
...You are also getting exposure to another 493 companies [in the S&P 500] that make up more than 70 per cent of the index by weight.”...
...That’s an uncomfortable question to ask, in a world where we regularly hear of unscrupulous employers bullying, failing to pay overtime, or throwing qualified staff overboard, as P&O Ferries did so disgracefully...
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...But the US’s main focus is on industrial companies in Russia, many of which are civilian companies that have switched to producing defence equipment under Putin’s drive to put the economy on a war footing...
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
...In its annual report, the company argued it should be measured against large financial-data providers such as US-based S&P Global, and that higher pay is necessary to hire and retain executives....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...This is despite oil and gas accounting for more than half of global energy-related carbon dioxide emissions in 2022, according to S&P data, and many European and US banks joining climate initiatives such...
...The second point is closely related....
...In the US, the S&P 500 has added 7.9 per cent....
...It posted $5.8bn in revenue, beating consensus estimates of $5.3bn, according to S&P Capital IQ....
...The three continuation funds include two managed by the Chinese group Legend Capital and one by US-based L Catterton....
...The company’s Ageing Population and Healthcare Innovation ETFs have also fallen out of favour, alongside the L&G Cyber Security Ucits ETF....
...For some African climate-related businesses, such as Wahu, the successful functioning of carbon markets is not a nice-to-have, but core to their strategy....
...One explanation: the list is dominated by semiconductor-related companies, where the frenzy around generative AI has helped prop up shares. The picture is more mixed for big consumer brands....
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
International Edition