Hints and tips:
...York will now admit some overseas applicants who achieved the equivalent of B/B/C grades at A level into its undergraduate programmes, or a 2:2 degree to join its postgraduate courses....
...I’m into self-replication.”...
...The country pumped 13.3mn b/d of oil in November, the last month for which data is available from the Energy Information Administration, more than any country in history....
...It might apply to FTSE 100 members including IAG, Glencore and B&M (incorporated in Spain, Switzerland and Luxembourg respectively) but is unlikely to apply to Danish-listed Orsted or Getlink of France,...
...Simon Arora, founder and former chief executive of B&M, last week wrote to M2 saying he was “astonished” they were bidding for the entire chain....
...Too much of my personal savings is in cash. It is earning 5 per cent now, but I’m worried that won’t last. I need to do something, and I have plenty of stocks as it is....
...We haven’t mentioned the B-word yet. Bonds....
...And I’m gonna make a few bucks and then I’m gonna get out before it comes crashing down, Ethan, because I’m cleverer than all the other cocoa traders....
...He added there was “ample interest from other discounters such as B&M” in Wilko’s outlets and they “will all be going to the landlords for the good stores”. B&M declined to comment....
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance from Thoma Bravo’s Orlando Bravo to KKR’s Tara Davies....
...Households are saying, if the Fed tells me rates are going to go down and I’m hunting yield and I have some extra cash in money market funds, why don’t I buy credit? I get some extra spread....
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...I’m pretty sanguine about growth. It’s moderating, but I’m comfortable about it. Unhedged: Why bother taking any credit risk at all?...
...However, bonds are contracts; investors just need enough cash flow to get paid....
...More than half of single-B minus rated US companies would not be generating enough cash to cover their capital expenditure while servicing their debt by year-end, analysts at Moody’s project....
...As we were leaving, I spotted that the BBC Radio 3 team were in the nearest box, so I’m looking forward to listening to it all again on March 19. However you spend it, have a wonderful weekend....
...Following Wilko’s collapse in August, PwC had already sold 51 sites out of the chain’s total of 408 to its rival B&M for £13mn, while announcing 52 closures....
...He says: “I’m attracted to the certainty that an annuity offers. I’m assuming I’ll get a better deal if I wait two years before dealing with my pension and purchasing an annuity.”...
...Following the recent collapse of the Wilko general store chain, discount retailer B&M will acquire some of its stores out of administration....
...US upstream M&A activity reached $24bn in the second quarter, up 167 per cent from a slow first quarter and the highest since 2021, according to Enverus....
...“Daisy”, the hard-hitting advert released by Lyndon B Johnson’s successful 1964 election campaign, which depicted a vote for Barry Goldwater as one that risked nuclear destruction, was seen by an estimated...
...As a consequence, we have temporarily lowered our FC sovereign credit ratings on Cameroon to ‘SD/SD’ from ‘B-/B’....
...Rivals B&M and Poundland have bought 122 stores between them....
...One of the trends that we have seen this year is that more investors are going for cash, or cash equivalents....
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