Hints and tips:
...From an exhibit attached to an S-1 it filed last year: PishPosh Baby LLC (“Borrowed’) promises to pay Moishe Hartstein (“Noteholder”) in lawful money of the United States of America, the amount of $1,000,000.00...
...S&P has rated the bonds single-B minus, among the riskiest ratings it assigns....
...Enter 2013’s The Wolf of Wall Street....
...The bumper debt deal will leave Medline with a high debt-to-earnings ratio of around seven times, according to rating agencies S&P Global and Moody’s....
...Before he joined MSCI in 2007, Shepard was a theoretical physicist at Berkeley — his PhD thesis was titled On non-perturbative quantum gravity: Holography and matrix models in string theory — and he spent...
...And another consequence of the pandemic: “S” is sparking growing investor debate, which our latest animated cartoon explains further....
...Rather than being classed as a C or S Corp, as is usual for large US companies, Lemonade is incorporated as a public benefit corporation (PBC)....
...It now expects consumption to rise by 5.7m b/d in 2021 to 96.7m b/d. That came a day after Opec boosted its own consumption outlook by 190,000 b/d, predicting growth just shy of 6m b/d this year....
...Stock markets in both regions have continued to advance this year, with the benchmark Euro Stoxx 600 marginally outpacing the S&P 500....
...The full impact of 2022’s tightening of monetary policy is still to be seen, and we expect another 50bp of rate hikes in early-2023....
...Proprietary Citi Retail Framework We have evaluated and ranked our UK retail coverage across 3 structural factors: (1) industry and business attractiveness; (2) online presence; and (3) B/S resilience)...
...The downgrade — to triple B minus, from the triple B issued in August — follows similar reductions earlier this month from S&P’s fellow agencies Moody’s and Fitch, although their ratings remain higher at...
...There are a series of updates from FTSE 100 and FTSE 250 groups on Wednesday, including Kingfisher (owner of B&Q and Screwfix), outsourcer Serco, energy group SSE and housebuilder Berkeley....
...Tui, with a tenth of its fleet in Maxes, is the FTSE 100’s biggest faller at pixel....
...Output fell more than 40 per cent in the first five months of the year, from almost 1.5m barrels a day in December to 862,000 b/d in May....
...have greater risk of falling off the edge quicker, but I don’t believe it will be the Armageddon that everyone thinks,” said Perry Mandarino, head of restructuring and co-head of investment banking at B...
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...Faster Value Shift in a tough economic outlook should continue to squeeze M&S and benefit B&M, our top value play with no obvious ESG issues....
...Harry G Broadman is a partner and chair of the emerging markets practice at the Berkeley Research Group LLC, a litigation consultancy focused on international investment, trade, antitrust and governance,...
...The triple B rating from S&P follows its first onshore grade of triple A, given earlier this month to a subsidiary of ICBC, the country’s biggest bank....
...I think that B assets are getting priced like A assets and A assets are getting priced like A+ assets,” he says....
...In the case of the single B sector, the absence of EM&M entails a tightening of 50bp since triple C and single B traded at their narrowest spread in late-April....
...Back in October, the rating agency left Italy a notch above the dreaded junk ranking at triple B, one step above Moody’s and in line with Fitch....
...Harry G Broadman is a partner and chair of the emerging markets practice at the Berkeley Research Group LLC, a global consultancy focused on international investment, and a member of the Johns Hopkins Faculty...
...All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times....
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