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...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
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...ProPublica, a non-profit investigative journalism outlet that has reviewed Yass’s tax returns, said the ByteDance stake accounted for a major part of Yass’s wealth and estimated he owned 75 per cent of SIG...
...That triggered the holding company’s default. The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
...Viking tripled profits in the three years leading up to the Covid-19 pandemic....
...We remain bullish, with the company’s relatively low non-food exposure leaving it well-positioned among the grocers....
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...Tucker will reach the end of the nine-year recommended term limit for non-executive directors in 2026....
...In August 2016, Stifel brokers’ compliance departments discovered that the products were being recommended beyond their intended holding period, the order stated....
...LGIM, UK-based Schroders and Japan’s Mitsubishi UFJ are among more than 40 investor signatories to Long-term Investors in People’s Health, an initiative launched by the non-profit ShareAction....
...The division accounts for roughly two-thirds of Berkshire’s nearly 400,000 workforce and for several years had lacklustre profits....
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...The US House of Representatives last week voted overwhelmingly to ban TikTok, the ByteDance-owned viral short video app, if it is not sold to a non-China buyer....
...Panuwat quickly cashed out Incyte call options for a $100,000 profit....
...A study released last month by a non-profit associated with the Texas Chamber of Commerce found that the laws could undermine the state’s efforts to foster a pro-business climate and cost the state $37.1mn...
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...The slowdown in activity by non-profit housing associations, which build and run much of the UK’s affordable housing, has also caused concern among private developers....
...Peel Hunt analysts suggest the group could make disposals from its £565mn of non-core revenue....
...It would also reduce the risks of unsuccessful new products by bringing in capital from non-profit backers who do not seek financial returns....
...The bulk of the holdings have compounded high returns to date. The lesson is that valuations matter....
...Since 2010, Buffett sold his entire holdings in 63 positions with an average hold time of four years and three months. Combs and Weschler exited 48 stocks, holding for just two years and 10 months....
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