Hints and tips:
...Vince, founder of energy company Ecotricity, is expected to donate £5mn to the opposition party. Here are more details from the case....
...The UK, still labouring under a Brexit discount, trades at just 10 times forecast p/e. Both could fall further. Lex sees a rather gloomy outlook....
...Jordan teams up with billionaire Bill Foley to buy stake in AFC Bournemouth (Bloomberg) WWE’s Vince McMahon faces fresh demands from women alleging sexual abuse (Wall Street Journal) Coupa/Thoma Bravo:...
...BNY, the 12th-largest US bank by assets according to S&P Global, is in the process of a leadership transition, announcing last week that Robin Vince would take over from Todd Gibbons as chief executive later...
...He joins from World Wrestling Entertainment, the scripted sports entertainment group controlled by billionaire Vince McMahon....
...Vince Morales, chief financial officer, said PPG had added to reserves “in every one of our businesses, in every one of our regions”, adding executives were particularly concerned about small businesses....
...Adrian P Hewitt Senior Research Associate,Overseas Development Institute,London SE1, UK...
...On our current published forecasts, Royal Mail trades on a March 2020E P/E of 10.3x and EV/EBITDA of 3.6x (rising to a March 2021E P/E of 13.4x and EV/EBITDA of 3.8x)....
...S&P Dow Jones Indices, for example, said a few months after the listing that companies with multiple share classes would not be able to join the benchmark S&P 500, although existing constituents with such...
...The market then added its cherry on the top when some large US asset managers decided to take research spending on their own P & Ls for their European customers....
...In the US, the figure is 99 per cent for the S&P 500. The idea of four giant firms may convey the idea of choice — albeit not a wide one. But in practice, say observers, even this is illusory....
...Luckily Spotify did not list publicly on Monday, when the benchmark S&P 500 fell into a technical correction. On Tuesday, a 1.3 per cent rally had taken the S&P back out of correction territory....
...The S&P 500 put in its worst trading day in two years on Friday, after strong US jobs data underpinned forecasts of higher inflation as the global economy strengthens....
...Young James stood accused by independent shareholders of wielding undue influence at Sky — much as his venerable father had been, in a more political sense, by the knight Ser Vince de Cable....
...Vince Rivers, a senior portfolio manager at JO Hambro, said: “You can beat the index by buying a couple of IPOs that aren’t in the index” if the listings outperform the broader market....
...Revenues have dropped from over 50 per cent to 38 per cent of the group total over eight years, according to S&P Global....
...Co-Founder and CEO, On Device Research Ambarish Mitra Founder and CEO, Blippar Andrew McLoughlin Founder, Huddle; and Partner, SoftTech VC Andrew Jervis Founder and CEO, ClickMechanic Andrew P....
...The S&P 500 fell 1.5 per cent to 1,921.22 and the Dow Jones Industrial Average lost 1.7 per cent to 16,102.38. The Nasdaq Composite slid 1.1 per cent to 4,683.92....
...Vince Cable, business secretary at the time, described post-float prices as “frothy”. Which is more than you can say of the performance of the LibDems in the recent election, which cost him his seat....
...Talking of the French, the Times reports that the French Embassy in London is buying its electricity from Ecotricity, the green energy company set up by Dale Vince....
...Leader Nick Clegg retained Sheffield Hallam with a smaller majority but Vince Cable, Charles Kennedy, Danny Alexander, Jo Swinson and Ed Davey all lost their seats....
...A former Liberal Democrat peer and close ally of Vince Cable is giving hundreds of thousands of pounds to 30 Labour candidates in an effort to boost Ed Miliband’s chances of becoming prime minister in May...
...Business secretary Vince Cable indicated he would be looking to secure the chancellor’s job in a future coalition with the Conservative party....
...Other markets in the region were also buoyed by a positive tone from Wall Street, where the S&P 500 closed at record high....
...Vince Heaney is former deputy editor of the FT’s Lex column...
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