Hints and tips:
...The price-to-book ratio of companies listed on South Korea’s flagship Kospi index is 0.91, significantly lower than the Nikkei 225’s 2.01....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...But a statement amounting to “we will work harder on quality now” is not reassuring, though I am sure Boeing will work harder at it; everyone in the C-suite must now know they are one incident away from...
...Virtu’s shares have fallen almost 10 per cent this year even as benchmarks such as the S&P 500 have rallied....
...Such programmes have held out the promise of greater workplace parity for women, but have also only slowly led to concrete progress....
...The Soviet cosmonauts initially used pencils — before purchasing Paul C Fisher’s pens themselves in 1969....
...Citadel, which suffered badly in the 2008 financial crisis but has gone on to post returns well ahead of the S&P 500 and its peers, was last year able to put on risk when many other investors were running...
...into concrete....
...The high volatility — which came as the S&P 500 fell into a bear market — benefited many players on Wall Street, and trading revenues at Goldman Sachs, Morgan Stanley and JPMorgan Chase all rose considerably...
...S&P Global Ratings noted in December that Citadel Securities’ “complex systems and algorithms” created elevated operational risk, even if it has “strong risk-management capabilities”....
...Using an S&P CapitalIQ screening tool, I had a look at how the 100 stocks in the index have done. Twelve of them have lost a fifth or more of their value in the past 12 months....
...Jancis RobinsonAnd what about if a picnic wine for a light red that’s nicely chilled, could be Cinsault, C-I-N-S-A-U-L-T....
...Here is a table of the composition of buybacks in the S&P 500, by sector, from the great Howard Silverblatt of S&P Dow Jones indices. Look at information technology!...
...“From our perspective it does not make sense to buy in until we see concrete change.”...
...C’mon, man.” MultiPlan shares slid 20 per cent to $7 each on Wednesday in the wake of the report, setting them further below the $10 at which Mr Klein raised money in April....
...But the most concrete area that Tangen wants to take action on is selling out of companies that break ESG (environmental, social, and governance) standards....
...In comparison, the 3,260MW Sizewell C facility being built in the UK will cost £20bn ($27bn)....
...A $10,000 stake in shares in Berkshire Hathaway, Warren Buffett’s company, would have grown to $315,000 over the same period, while an S&P 500 tracker fund would have increased to $131,000 (including dividends...
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...Since the industry started reopening sites and returning to work, it has seen some recovery with brick volumes now down by c.-70% and Concrete down by -50% on the prior year....
...to raise c€2.75bn....
...But come the market downturn, that credit — from triple A to triple C — risks exploding in their faces....
...“It has crushed the long-held myth by many market participants that SOEs no matter how weak will be bailed out by their government masters,” Standard & Poor’s said in a note....
...Ibstock reports brick volumes are currently c.-70% YoY and concrete c.-50%, while Forterra reports bricks and blocks currently c.-50% YoY....
...So much for energy really dragging on triple C credit....
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