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...hand on the sub-dial....
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Beware of analysts bearing acronyms
...Subway did more than $9bn in global sales last year. At $9.6bn, Roark is paying about 12 times ebitda for Subway. Rival chains including McDonald’s and KFC owner Yum Brands command higher multiples....
...Of Preller’s work, Alastair Meredith, head of Strauss’s Johannesburg art department, says that “he developed a beautiful and highly personal iconography drawn from sub-Saharan African motifs and culture,...
...Instead, they reckon uplifts in portfolio firm valuations have historically been due to revenue growth (at a sub-nominal-GDP pace?) and multiple expansion....
...“A sub-$10,000 BYD Seagull domestically is a clarion call.” He told the FT that Tesla “is acknowledging the reality of the challenge of Chinese pricing”....
...It estimates a $1tn digital advertising market opportunity, meaning it currently has a sub-0.1 per cent slice of the total....
...Another is the absence of — take your pick — turbocharged growth prospects or Reddit sub-thread status....
...Structuring the ideal sub To get the $9.6bn leveraged buyout of sandwich chain Subway over the line in today’s market, private equity firm Roark Capital will turn to a relatively obscure corner of financial...
...Even where it has a monopoly or duopoly position in ride-hailing, it is not clear that its service has clear cost/speed/comfort/convenience advantages over alternatives such as bicycles, buses, subways and...
...Rothko’s refined early subway pictures — “Entrance to Subway”, “Untitled (The Subway)”, “Underground Fantasy” — are a revelation: poignant depictions of urban alienation in 1930s New York....
...The company may have missed out on the early flush of AI hype but it has also avoided rushing out a sub-par product that might harm its reputation....
...context), recombination of ideas (those constant software updates), learning by doing and international trade (has anyone ever produced a high tech product at a scale matching Apple and its stable of global sub-contractors...
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...And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
Appointment comes after government lifted ban on consultancy tenders imposed over South Africa scandal
...sided with HMRC, finding that the granules should be regarded as existing… within the term “the potato” for the purposes of Note 5 …and rejecting Walkers’ strict interpretation of the specific potato and sub-potato...
...However, the fervour among customers braving the sub-zero temperatures at the annual “Nio Day” over the weekend was a reminder that Li’s fledgling car group strikes a chord with many younger drivers in the...
...But is an IPO of sub-10 per cent of a company too small? The reality is, none of us know....
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
...The TSE’s ambitions are not just meant for the worst-run Japanese companies, those with a sub-1 price/book ratio....
...Nasdaq-listed Nio, which took over a factory in the eastern city of Chuzhou earlier this year to make cars for its budget sub-brand code-named Firefly, and Xpeng, which has a new factory in Wuhan, are both...
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