Hints and tips:
...The most recent one — P&G in 2017 — marked one of the largest, most expensive and most dramatic proxy battles of all time, with Peltz claiming a board seat by a whisker following a recount....
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...Recent deals include developer Mori Trust’s purchase last month of a 49 per cent stake in Manhattan’s 245 Park Avenue tower....
...to WFP....
...“The danger with real estate is that people look at what happened in the [global financial crisis],” says Dan Riches, co-head of real estate finance at asset manager M&G....
...as much CO₂ as gas during combustion....
...Let’s take a look at the top investors: Larry Ellison: the Oracle co-founder and Tesla board member has handed Musk a $1bn cheque — the largest new funds of the bunch....
...In the second instance, American Tower, the owner of a network of mobile phone sites, said it would buy CoreSite Realty for $10bn....
...Rick Baker, co-founder of Blackbird Ventures, said investment from Australia’s A$3.1tn superannuation sector and from overseas is also energising the sector....
...Together they lifted the Nasdaq Composite 4 per cent, ahead of the benchmark S&P 500....
...Co-founder of Blue Haven Initiative, a family office, Ms Pritzker Simmons has become a champion of sustainable investing and has jumped into policy debates such as supporting a tax on the super wealthy....
...P&G’s finance director Jon Moeller similarly said the company was facing a “very difficult, and competitive” landscape. However, P&G eked out a 4 per cent rise in organic sales in its second quarter....
...It informed the state’s utility regulator that it detected two outages and found damage to a transmission tower in the area where the Camp Fire is believed to have started, though the information was preliminary...
...P&G is not alone....
...of companies sending more cash to shareholders because of the new tax law (which includes Visa, Pepsi and P&G)....
...P&G, whose brands include Tide detergent and Gillette razors, has set a goal of ensuring 90 per cent of its packaging is recyclable by 2020, and says it is well on its way....
...Bloomberg reported that the departures include Andrew Tusa, co-head of UK corporate broking and Jonathan Gold, a senior financial institutions banker in London....
...He says he is on course to generate a loss for 2017 — which “seems even worse” when he considers that he could have got about 18 per cent in an S&P 500 index fund or more than 1,500 per cent in bitcoin....
...He most recently served as global beauty president at P&G and had also previously run its prestige business, where he oversaw a portfolio of high-end beauty products under the Gucci and Hugo Boss brands...
...P&G is already undergoing a $10bn cost-cutting programme, and Trian is not lobbying for a change of leadership or spin-offs....
...consulting giant Bain & Co....
...Chris Turnbull, co-founder of Electronic Research Interchange, a research platform, adds: “A lot of [asset managers] are reassessing their decision now....
...in their campaigns than ever before — Nelson Peltz has taken a $3.5bn stake to win a seat on the P&G board — as they aim for larger targets....
...Speaking in the lobby of Trump Tower on Tuesday, the president said not all of the demonstrators who had come to protest the removal of a statue dedicated to the confederate general Robert E Lee were white...
...Campbell shares are down nearly a fifth this year. And while Hershey's are up a tenth, the S&P 500 is up a fifth....
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