Hints and tips:
...Born in the USA: a New York law firm’s London coup DD readers are by now read up on US law firm Paul Weiss’s back-to-back raids on its higher-grossing rival Kirkland & Ellis, signalling its intent to edge...
...The sale comes at a difficult time for Politico’s competitors, both the legacy media and the digital upstarts, particularly those that rely on advertising....
...SoftBank has cash and a mercurial leader in Masayoshi Son, but investors say the Japanese group lacks a clear statement of purpose in the wake of the Arm Holdings sale and losses at the $100bn Vision Fund...
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...Here’s UBS: While the review leaves several options open, "The Board believes that Ferguson's longterm listing location is in the USA"....
...The sale marks a retreat for Tronc after a difficult period at the LA Times....
...E-commerce growth came in at 54 per cent, and a rise in global appeal meant that Asia made up 23 per cent of global sales. Revenues there jumped by 43 per cent, and by some 88 per cent in Japan....
...AT&T reported third quarter sales that missed expectations on Tuesday as a series of natural disasters in the US and Mexico hurt its results....
...The press release noted debt financing would come from Goldman Sachs Bank USA and Goldman Sachs Lending Partners LLC. The bank also provided M&A advice to Thermo Fisher....
...One of Tribune Publishing’s shareholders is suing the company’s board for “breach of fiduciary duty” in light of chairman Michael Ferro’s moves to block a takeover by rival Gannett, the owner of USA Today...
...Gannett, the publisher behind USA Today, has proposed to buy Tribune Publishing for $12.25 in cash per share, valuing the deal at about $815m including debt....
...WME, which acquired IMG in 2013, has been on another expansion drive recently, buying Global eSports Management and the company that runs the Miss Universe and Miss USA beauty pageants last year....
...Automated systems have occasionally set off earthquakes, as when an algorithm’s massive sales of S&P 500 stock index futures reverberated in stock markets during the “flash crash” of May 2010....
...● Thomas Breitenmoser has moved to Lombard Odier Investment Managers as head of sales in Zurich....
...Before the results, the shares had lost about 3 per cent on the news that Santander Consumer USA, the subprime auto giant, had decided to exit the consumer loans business....
Toymakers such as Mattel are generating their own content to reach kids on tablets and smartphones
...Tribune Publishing is known to have had concerns about the tax implications of an LA Times sale....
...BofA Merrill Lynch, Morgan Stanley, Citigroup, and Credit Suisse (USA) will act as global co-ordinators and joint book runners on the public offering....
...“Hulu is TV,” Peter Naylor, head of ad sales at the ad-supported streaming service, told a packed room of advertisers last week....
...Privately owned Midroll, which expects to triple revenues this year, has won business from Netflix, HBO and NBCUniversal’s USA cable channel....
...Ingenie reported total sales in 2012 of £1.2m....
...More savings could be found by combining back-office functions, technology platforms and sales departments....
...Rather, we’re talking about the day-to-day operational issues that market participants will rely on as a matter of course – things like: security for segregated custodial Bitcoin accounts; sales taxation...
...The Saudi Arabian leaders would probably welcome crude oil sales from the reserve as a clear effort to weaken Russia....
...Santander Consumer USA, a provider of auto loans to subprime buyers, has raised $1.8bn from an initial public offering amid a recovery in US car sales and strong investor interest in high-yielding loans...
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