Hints and tips:
...Leahy, who joined CD&R in 2011 and chairs its UK supermarket chain Wm Morrison, told the Financial Times: “We need to add to our team because there are lots more opportunities . . . and you don’t want to...
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...The failure of higher rates to pop bubbles (when stocks someone doesn’t own rise a lot in value) is a source of continual annoyance....
...His Berkshire Hathaway B class shares, at $420, offer a relatively cheaper entry....
...So everyone piled in and production shot up, but near-term demand hasn’t materialised....
...Its most recent work was B.O.T. and the Beasties (2021), shown on the BBC’s CBeebies channel....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...That sounds like it might be interesting but probably isn’t....
...Artificial intelligence won’t save the day Energy executives are sceptical that the AI boom will help reduce global emissions....
...Everyone can guess whether they will or won’t be on it, but the mere threat of the list is already having an impact....
...You can get a deal done for a double-B senior loan at a 300-350bp spread all day long. That market’s wide open....
...It has quickly gotten queasy the handful of times it has crossed $70 for the past decade, and hasn’t even gotten vaguely close to $100 for 16 years....
...So part of why rates are staying high is (a) the amount of issuance and (b) most people are like, “Wow, five and a half staying in the front end with no risk?”...
...“We haven’t seen a very large single-B leveraged buyout tested in our market but . . . I think there’s demand for it.” Investors have had limited bond and loan financings to entertain this year....
...The rating agency in May cut SoftBank’s long-term credit rating from double B plus, its highest non-investment grade, to double B following record investment losses....
...“If you can’t spell it or pronounce it, maybe you shouldn’t be eating it,” opined the voiceover. The US ad hit a nerve....
...I don’t know what became of those companies, but I’m assuming it wasn’t good, and that it took less than five years....
...The return of Ma Baidu was once known as the “B” in BAT, beside Alibaba and Tencent in the acronym synonymous with Big Tech in China....
...But don’t worry, Lamb Weston didn’t completely fold: 100% of this payment is subject to repayment if he were to leave before the first anniversary of the payment date; 50% is subject to repayment if he...
...Those that have complied tend to be the weakest companies, with p/b ratios below 0.5; many stronger companies apparently feel like they can get away with it....
...You would think it was part of a script from a budget B-movie if it wasn’t so true”....
...There’s a lot of companies in the double-B category that were downgrades from triple-B. They’re better companies. It’s a different high-yield than, say, 10 years ago ....
...Further reading— 26 questionable ‘00s trends that have unfortunately returned— Meet the bedding boss who really, really doesn’t want to live near HQ...
...But “it’s important that the term isn’t misused”. The consumer, she adds “has to be on their toes” so it doesn’t become a misrepresentative branding exercise....
...“There is no Plan B,” said Prommin. “The people are waiting. What else do you suggest?” A version of this article was first published by Nikkei Asia on November 28. ©2023 Nikkei Inc....
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