Hints and tips:
...In January, the company announced it was sacking 12 per cent of its workforce, after cutting a quarter of jobs in an earlier lay-off round....
...GIP’s prime assets include Sydney and London Gatwick airports, the Port of Melbourne and the Suez water group, extensive green energy holdings and a stake in a big shale oil pipeline....
...His $2.6bn investment came as the shale revolution was transforming the US into the world’s largest oil producer....
...This would involve bundling up the royalties paid by restaurant franchises and using them as collateral to borrow....
...Over the past three years, Home Depot grew sales at an average annual rate of almost 12 per cent, in nominal terms....
...“If you’re Sony, they’re going to take a pound of flesh out,” said an executive at an investment group that acquires media copyright royalties. “It’s like going to a hotel....
...The royalty is capped at €12,500....
...With the company valued at about $12.5bn, Amazon, Nike and others are circling it as a bargain buy....
...And yet just 12 per cent of respondents are fully modelling climate risk into valuations....
...The keynote speech was given by Ted Sarandos, Netflix’s co-chief executive officer, while Tinseltown royalty such as Warren Beatty, Jamie Lee Curtis and Laura Dern looked on....
...A version of this article was first published by Nikkei Asia on September 12, 2021. ©2021 Nikkei Inc. All rights reserved....
...Both companies’ share prices, down by about two-thirds since the start of the year, were up by more than 12 per cent in pre-market trading on Monday....
...Before Monday, Devon’s shares had dropped about 63 per cent over the past 12 months. WPX’s were down around 58 per cent. Pooling resources makes sense....
...A new 12-person board will comprise eight directors from Cenovus and the remainder from Husky....
...last month, according to Texas law firm Haynes & Boone Eric Rosenthal, a senior director at Fitch Ratings, said Denbury’s filing would lift the default rate in the high yield energy debt over the past 12...
...But shares that five years ago traded near $40 each are marked down to $12. Half of Mr West’s warrants have a strike price at $25 a share....
...An Epic spokesperson said that was a fair question, but pointed to its history of taking a 12 per cent cut of revenue — versus Apple’s 30 per cent — from developers using its platform....
...The company’s market value on Wednesday reached seven times the $12.4bn valuation achieved in its most recent fundraising round in February....
...Texas accounted for more than 40 per cent of the US’s 12.2m barrels a day of production last year....
...However, Qualcomm says the infringing software features are still present in iPhones running the latest version of iOS 12....
...(FT) Inflated assets The shale oil industry was coming undone even before coronavirus struck a severe blow....
...In the lawsuit filed on Thursday, Huawei alleged that Verizon was using technology protected by 12 of its US patents. The company has asked for royalties as well as damages as compensation....
...Chris Hite, Citigroup’s top healthcare dealmaker, is leaving the US bank to join Royalty Pharma, Bloomberg reported. WeWork has named former Baker Hughes executive Kimberly Ross as its CFO....
...The company retained its full year profit guidance of $12.06-$13.06 a share, but said it expected to come in at the lower end of this — assuming a recovery in oil and gas by the end of the year....
...The $12.8bn deal valued Juul at $38bn, including the new cash infusion, making it one of the most valuable start-ups alongside the likes of WeWork and Uber....
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