Hints and tips:
...Prospective wildfire payouts prompted S&P Global and Moody’s to downgrade PacifiCorp’s debt ratings last year....
...I very much believe it's going to be a very strong third pillar for our business, and I think it could be a significant P&L contributor to our company, definitely within five years, and definitely within...
...Shell’s gearing was 28.9% at Q1, and an impairment of USD18.5bn at the middle of the range would boost gearing as at Q1 to 31.1%....
...Sequencing is critical: P/E troughs, Price then (much later) Earnings We track the move in the P, E and P/E around recession lows....
...Swiss luxury group Richemont has launched an offer to take full control of Yoox Net-a-Porter, the Milan-listed luxury e-retailer, as it ramps up its internet retail strategy....
...As Mr Immelt said last week, his successor was chosen not “for what he knows [but] for how fast we think he can learn”. —————————- The different approaches to a succession The insider: General Electric...
...Opponents of negative rates need to spell out the alternatives. Letter in response to this editorial: S-I-M-P-L-E R-E-A-L-L-Y / From Jonathan P Kahn...
...In the spring of 2013, Jobs’s successor as CEO of Apple Inc., Tim Cook, decided the company needed to borrow $17 billion. Yes, borrow....
...Meanwhile, investors should ponder how often the success of racier E&P companies is achieved by means that may be questionable....
...With institutions such as Schroders, L&G and Aviva on its share register, Sports Direct failed to scrape together the support that Mr Ashley needed....
...(Financial Times) “Microsoft’s board is considering Ericsson AB Chief Executive Officer Hans Vestberg as a potential successor to departing leader Steve Ballmer, according to people briefed on the search...
...(Financial Times) “European Union regulators are to end an antitrust probe into e-book prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on...
...The plan to buy up to 100bn rupees ($2bn) of government bonds on Nov. 24 comes as banks have been borrowing between 800bn rupees and 1.3 trillion rupees daily for the past week, underscoring the cash crunch...
...Pyongyang’s typically combative statement on Friday refutes suggestions from some observers that Kim Jong-il’s son and successor, Kim Jong-eun, could be more liable to reform the nuclear-armed state because...
...If we just consider the P&L of EDF, we are not selling anything. We are operating [plants],” he says. That means working with a wide range of engineering partners....
...The shares rose about 5 per cent to close at 680½p....
...“Our acquisition model has never been based on buying low and arbitraging the P/E.” Li & Fung’s shares have been declining steadily since late January....
...The Chinese company, which secured rights to the offshore concession two years ago, will retain a 75 percent stake and operate the area called Block BC, according to an e-mailed statement yesterday....
...A CHF 163.9 per share offer would imply a 2011 EV/EBITDA of 12.3x (2012: 11.6x) and P/E of 21.1x (2012: 20.0x) on our estimates....
...Note, though, that mark-to-market losses on AFS holdings are only crystallised (i.e appear in the P&L line) if positions are sold, default, or get restructured....
...Royal Dutch Shell was among the top performers on Tuesday as energy stocks and miners helped give the FTSE 100 its biggest gain in six weeks....
...Previously chief operating officer and right-hand man to Mr Lafley, Mr McDonald had long been seen as his likely successor....
...But individually negotiated managed account fees and a smaller proportion of assets in higher-margin hedge funds are compressing margins....
...However, one analyst said it would be surprising if the E&P operations bore the brunt of the job cuts, because that was the side of the business Mr Voser hoped to strengthen....
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