Hints and tips:
...Hedge funds on average lost 1.5 per cent last month, according to data group HFR, their biggest monthly loss since the onset of the pandemic....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...Futures markets implied the S&P 500 equity benchmark, which has fallen more than a fifth from its January peak, would gain 1.4 per cent at the New York opening bell....
...That leaves shareholders banking on buyout groups significantly increasing the asset base on which they can charge those 1.5-2 per cent fees — by raising bigger funds and buying other asset managers....
...These are much milder falls than the 6.3 per cent decrease in 2008-9 and the 4.5-4.1 per cent falls in the 1970s and 1980s....
...This is the fourth in a six-part series that aims to illustrate the significance of ESG to the general public....
...David Nash, founder of sports and charity events organiser D&G Group, said clients spending on sports hospitality now expected more than the traditional experience....
...The expansive book collection includes titles such as Woke Baby ($7.99), a lyrical instruction on toddler empowerment, alongside (H)afrocentric: Volumes 1-4 ($20), a comic-book series tackling gentrification...
...Meanwhile, Nexi hoovered up a series of smaller payments groups before listing in what was Europe’s largest initial public offering of 2019....
...S&P DJ remains comfortably in first place, with assets of $1.8tn, a 25.9 per cent market share, with MSCI in second at $938m, or 13.4 per cent....
...Clover will be the latest in a series of private companies to list on a US exchange through a Spac. Meanwhile, the London Stock Exchange and other European bourses remain Spac-shy....
...ETK’s Russian parent company (ETK LLC), which supplies them to the Asia Gas Pipeline project....
...Consensus for FY21e/22e EBITDA is £7.40/£7.57bn, capex is £4.20/£4.35bn, FCF (BT definition) is £1.36/£1.42bn....
...Six years later the S&P rose above 1,000 points. Now it’s above 3,000 points and Cooperman’s grumbling about valuation again. He’s not alone....
...Amex, HSBC), retail (e.g. Tesco) and travel (e.g. booking.com, Airbnb)....
...The S&P 500, meanwhile, remains stuck just below where it started the year....
...Unemployment Rate (Figure 4) and a collapse in nearly every economic data series....
...First, BT has a 4+ year head start in merging a wireless with a wireline network. Second, O2’s network is UK-wide whereas VMED’s network reaches just c.50% of the country....
...Though the details of the iPhone vulnerability were not known until now, Apple did acknowledge the attack when it issued the iOS 12.1.4 software update in February....
...performing member of the S&P 500 over the period....
...Since we last met the FTSE 100 is up 3.6 per cent, the Stoxx 600 is better by 3.8 per cent and the S&P 500 is 1.7 per cent to the good. Why?...
...Volatility picked up significantly between September 1 and March 9, 2009 (Lehman bankruptcy was announced on September 15, 2008) with the S&P500 falling 47% and experiencing 30 trading days with declines...
...That may be the case for some equity names (e.g....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
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