Hints and tips:
Related Special Reports
...(For the uninitiated, between the aughts and coronavirus pandemic, Brother Jimmy’s, or Bro J’s, was a go to hangout for twenty-something finance bros, including Rashid.)...
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Patrick Orlando, the Miami-based businessman who set up the special purpose acquisition company that merged with TMTG, has a stake worth about half a billion dollars....
...The results are not flattering: Combs and Weschler are trailing both Buffett and the S&P 500....
...Then 3G Capital went on an acquisition spree....
...Argus subsequently grew by acquiring other companies and counts Platts, part of credit rating company S&P, among its competitors....
...Groups including KKR, Apollo and Ares have recently hit record highs, while Blackstone was recently included in the S&P 500 index....
...S&P Global Ratings and Moody’s have declared its debt to be in default, while the company and its creditors have hired lawyers for a possible loan restructuring....
...JPMorgan recently took a hit while shifting £1bn of debt backing online UK gambling company 888’s takeover of rival William Hill’s operations outside the US....
...Morningstar, the influential data provider, earlier this year acquired Leveraged Commentary and Data, which reports on debt financing transactions, from S&P....
...Combining Hulu’s more adult-oriented content with Disney+’s family friendly shows would give Disney a stronger product to compete with against Netflix....
...Between heavy marketing and operational costs and a multibillion-dollar acquisition, its nearly $6bn of junk bond debt was looking untenable....
...That came months after data group Morningstar acquired Leveraged Commentary and Data, which reports on debt financing transactions, from S&P in a deal worth up to $650mn....
...VinFast shares rose 255 per cent after it joined markets through a merger with blank-cheque company Black Spade Acquisition. The rare Vietnamese listing is good publicity....
...Křetínský’s portfolio includes stakes in the UK’s Royal Mail, grocer J Sainsbury, and West Ham football club as well as German wholesaler Metro and US sneaker chain Foot Locker....
...Brands such as J Crew and Gap developed damaging addictions to discounting in the years after the 2008 financial crisis....
...As demand for ESG risk data has ballooned in size over the past decade, the likes of MSCI, Morningstar and S&P have acquired considerable power to influence and in some cases dictate which stocks and bonds...
...Who are the shareholder(s) behind the suit? The lead plaintiff is an individual, Richard J....
...The number of $1bn-plus deals globally this year is on track to be the lowest since 2019, the S&P data shows....
...Additions are usually growth stocks, trading at premium multiples and with impressive momentum, whereas most deletions — unless occurring because of a merger or acquisition — have the opposite characteristics...
...S&P has rated the bonds single-B minus, among the riskiest ratings it assigns....
...Commended Sidley Austin O: 7; L: 7; I: 8; Total: 22The firm advised special purpose acquisition company Hong Kong Acquisition Corporation in its $128.2mn initial offering and listing on Hong Kong’s stock...
...It said it had confirmed cash holdings of $565mn but because it had only been able to verify balances at 144 of its 216 known bank accounts, it did “not yet know the total amount of cash [it] hold[s]”....
...Healthy sales volumes have also helped send Kroger shares up 14.3 per cent this year, compared to an almost 17 per cent decline in the S&P 500....
...Earlier this year, influential data provider Morningstar acquired Leveraged Commentary and Data, which reports on debt financing transactions, from S&P....
International Edition