Hints and tips:
...At lunch as in business, Nelson Peltz makes his preferences known....
...The first was 2022’s Renaissance, about club culture and its overlooked Black LGBT+ pioneers....
...Ferguson began sounding out investors about the move in 2019 after Trian Partners, Nelson Peltz’s US activist fund, took a stake and pushed for the company to focus on its large North American business....
...Disney shares are up about 6 per cent this year, underperforming the broader S&P 500, which has gained about 24 per cent....
...During that time, the S&P 500 is up about 150 per cent....
...And Willie Nelson, a grandee from the outlaw country scene of the 1970s. He gifted her a hand-rolled joint, which she placed in a frame to hang in her Nashville home....
...Brett Nelson, head of tactical allocation for Goldman Sachs Private Wealth Management, said it would have been unsustainable for the market rally to continue at the same pace after the S&P 500 ended 2023...
...Shares have fallen 8 per cent over the past five years, compared with a 7 per cent rise in the benchmark S&P 500 Consumer Staples over the same period....
...I/O, standing for “input/output”, is his first set of new songs since 2002’s Up. Even by his standards, it’s a lavish undertaking....
...Many in South Africa will be far more ambivalent about a figure who threatened to boycott 1994’s first democratic election until relenting just days before the vote, the culmination of decades of rivalry...
...Nelson Peltz’s Trian Partners officially launched an activist campaign against Disney in January, nominating Peltz for a board seat....
...Congratulations to Disney’s Bob Iger, who won a shareholder vote against the activist Nelson Peltz yesterday....
...“He is often one of the first major artists in the country to embrace sounds and artists on the fringe,” says the music and culture writer Nelson CJ....
...The fiction of writers such as William S Burroughs and JG Ballard seemed to offer an approach that gave the viewer a way in....
...The battle for Middle England John Lewis and M&S are courting the same middle-class customers. They are having differing levels of success, the FT’s Laura Onita writes....
...[MUSIC PLAYING] Disney and its chief executive, Bob Iger, have scored a major boardroom victory against investor Nelson Peltz....
...Additional reporting by Alex Rogers in Washington and Joanna S Kao in Des Moines...
...Economic data: S&P Global/Cips final November manufacturing purchasing managers’ index is due for the EU, France, Germany, Italy, Japan, UK and US....
...In a presentation titled “Restore the Magic”, he points out shareholder returns over the past decade are not even half of those of the S&P 500....
...The fund ended 2022 down 10 per cent, according to people who have seen the numbers, compared with a 19 per cent decline in the S&P 500....
...If the credit rating agencies downgrade it, you know, with one S&P, it’s just one level above junk status. These would have huge ramifications and would potentially derail this restructuring plan....
...After 30 years in power, the African National Congress will miss out on an absolute majority for the first time since Nelson Mandela became president in 1994....
...But several advisers cautioned that it would be too soon to say a victory would unleash a wave of similar campaigns, citing Engine No. 1’s success at Exxon....
...Would it be better to be a chief executive who is accountable to Steve Schwarzman instead of Nelson Peltz?...
...It reflected the liberal and internationalist bent of foreign policy in Nelson Mandela’s early post-apartheid democracy....
International Edition