Hints and tips:
...Bayer has set aside $6.4bn for future Roundup litigation costs, and S&P has estimated that Bayer will spend $3bn on litigation overall this year....
...It is also waging campaigns against Glencore, BP and Bayer. BlackRock’s market capitalisation is $118bn....
...Germany’s Bayer and French giant Sanofi, which makes polio vaccines, have followed suit....
...Nahles’ confidence comes as a number of large companies announce job cuts, including chemicals conglomerate Bayer, car supplier ZF Friedrichshafen and software giant SAP....
...The closely followed SPDR S&P Biotech ETF tumbled almost two-thirds from its 2021 high, weighed down by rising interest rates and a backlash to pandemic-era over-optimism about new drugs....
...US: February factory orders data Results: Ashtead Q3, Bakkavor FY, Bayer FY, Brembo FY, Foxtons FY, Fresnillo FY, Greggs FY, Hiscox FY, Inchcape FY, IWG FY, Johnson Service Group FY, Keller FY, Reach FY...
...This article has been amended since publication to correct a calculation relating to gearing at S&P 500 companies. Terry Smith is chief executive of Fundsmith LLP....
...“Baumann is handing over a company in need of redevelopment,” said Markus Manns, a fund manager at Union Investment, which according to S&P Global Market Intelligence holds a 1.3 per cent stake in Bayer....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Later today, Bundesliga table toppers Bayer Leverkusen face Bayern Munich in a match that will go some way to deciding this year’s title winners....
...Germany: final October consumer price index (CPI) and harmonised index of consumer prices (HICP) inflation rate data Results: ABN Amro Q3, Adidas Q3, Ahold Delhaize Q3, Airbus Q3, AMC Entertainment Q3, Bayer...
...Inclusive Capital’s results were down 6 per cent in 2022, while the S&P 500 declined by 18 per cent, people familiar said....
...The Fundsmith Equity fund, managed by Terry Smith, has been popular given its geographical spread and investment flexibility....
...In the US, the S&P 500 index is up 42 per cent over the same period....
...Novo Nordisk chief executive Lars Fruergaard Jørgensen and Bayer’s pharma chief Stefan Oelrich to speak at an industry event in Brussels hosted by big pharma lobby group EFPIA....
...In the FT yesterday, the fund manager Terry Smith took these ugly results and ran with them, presenting an argument against ever owning bank shares....
...Like previous winners — including Helen Fielding and Terry Pratchett — Everett received champagne, a complete set of PG Wodehouse and will have a pig named after his winning book, a nod to Wodehouse’s fondness...
...Examples include a short corn requiring less water, which Germany’s Bayer hopes to introduce to markets such as the US this decade....
...president and chief executive UK, secondary school performance data in England US, February Conference Board consumer confidence survey Results: abrdn FY, Adecco Q4, Alcon Q4, AMC Entertainment Holdings Q4, Bayer...
...Even if you didn’t ask for a plant-based (non-dairy) Terry’s Chocolate Orange at Christmas, you may still be watching Veganuary with interest....
...“Terry basically said, ‘this is sandbagging — your numbers are way off,” Yeung says....
...Top-10 shareholder Terry Smith, of Fundsmith, said it had “lost the plot” after seeking to define the purpose of brands such as Hellmann’s mayonnaise....
...general meeting Tesla holds annual shareholder meeting UK, Bank of England’s monetary policy committee rate-setting meeting US, June international trade in goods and services figures Results: Alibaba Q2, Bayer...
...Economic developments: Citigroup is exiting from all its operations in Russia German pharmaceutical company Bayer threatened to suspend crop supply sales to Russia next year unless the country stops its...
...cease all planned investments with local suppliers in Russia and no longer hold any clinical trials in the country In stock markets, Europe’s Stoxx 600 closed up 1.2 per cent, while the US benchmark S&P...
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