Hints and tips:
...S&P this month downgraded Thames Water’s top-ranked class A debt to BBB-, the bottom rung of investment-grade, just one notch above junk....
...Chairman redux As anti-DEI sentiment sweeps corporate America, thousands of filings reveal that S&P 500 companies are changing to gender-neutral language at a slowing rate, Bloomberg reveals....
...More than half of Thames Water’s debt is index-linked, according to rating agency S&P, burdening it with higher interest repayments as inflation soared over the past 18 months.The utility may also face large...
...Two funds managed by renowned fund managers Terry Smith and Nick Train made the Spot the Dog list for the first time in the category of worst performing funds by size....
...Although interest rate pressures have reduced slightly in recent months, rating agency S&P has a negative outlook or credit watch on three-quarters of water company ratings....
...That would certainly be true for Thames Water. ASML’s poor first quarter was felt throughout the chip sector this week....
...If last season’s shows were all about dressing for the supermarket run (think grey-marl hoodies and knickers peeking under unbuttoned coats, à la Bridget Jones), then SS24’s shows offered further style hacks...
...Cash transferred from the operating company to investors via interest payments and dividends over the past decade comes to about £4.1bn, according to S&P data....
...S&P, the rating agency, has negative outlooks for two-thirds of the UK water companies it rates — indicating the possibility of downgrades as the result of weaker financial resilience....
...He added that the issue would become a serious concern to markets “in the next six to 12 months as something that matter[s] a lot”....
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...The oppressively named “Tower”, a vast structure that transmits electricity wirelessly across the city, has siphoned all heat from the Thames, leaving the river frozen solid....
...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....
...Rating agency S&P has negative outlooks for about two-thirds of the UK water companies it rates — indicating the possibility of downgrades if financial performance worsens....
...Heavy rain led to widespread flooding, including in the Thames tunnel used by high-speed Eurostar services for the first time since they opened in 2007....
...In November, credit agency S&P Global revised its outlook on Yorkshire Water’s debt to negative because of “operating and financing cost pressure”. DWS and GIC declined to comment....
...already has loaded on his Kindle Thomas Heatherwick’s Humanise on architecture, Andrew McAfee’s The Geek Way on running companies in a new way, John Vaillant’s Fire Weather on climate, and “for some fun” Terry...
...Nordson Q4, Serco FY Friday Bank of England deputy governor for markets and banking David Ramsden speaks at the Deloitte Academy on the bank’s resolution regime EU, France, Germany, Italy, Japan, UK, US: S&...
...Jeff Roe, Youngkin’s chief strategist, put it this way: [S]ome people get animated about CRT [critical race theory]; some people get animated about school choice; some people get animated about advanced...
...Styles ranged from classic-pop pastiche in 1990’s Ultra Modern Nursery Rhymes to worldbeat in 2003’s The Hour of Two Lights....
...Acts announced so far include Andrea Bocelli and Robbie Williams — with plenty more to come. 2023’s line-up included Billy Joel, Bruce Springsteen and Guns N’ Roses....
...All of which seems to run counter to a statement he made in his earlier book, 2006’s Culture Clash: “I prefer staying in the shadows.”...
...Songs meant for Lifehouse were used in 1971’s Who’s Next, including the band’s signature anthem “Baba O’Riley”....
...Terry Chapman (over-65) and Keith Arkell (over-50) were also in multiple ties for first, but were edged out of the medals into fourth place....
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