Hints and tips:
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...People must like boats because in every classy sea or lakeside resort there’s a marina filled with the things....
...But he knows how to read a P&L, a cash flow and a balance sheet....
...You can’t just look at the L part of the P&L. Secondly, who really cares anyway? Normal accounting rules don’t apply to central banks. The Fed can create money and operate with negative equity....
...hundreds of millions of dollars for property in the Bahamas where the firm was located, $135mn for naming rights to a Miami basketball stadium and even racked up a $55,319 tab at the Margaritaville Beach Resort...
...Monday EU, December retail sales figures Germany, December factory orders UK, S&P Global/Cips construction purchasing managers’ index (PMI) data Results: Activision Blizzard Q4, Anima FY, JFE Holdings...
...The group owns a sprawl of businesses from French resort group Club Med to English football club Wolverhampton Wanderers....
...Most derivatives are settled on a net basis: on the settlement date, the “winner” of the trade receives a payment from the “loser” reflecting the P&L....
...If your idea of an Aman Resort is a string of pavilions along a tropical beach or surrounded by jungle, probably somewhere in Asia, think again....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...Legal & General Investment Management is planning to vote against the election of several Amazon directors, including founder, former CEO, amateur astronaut and full-time bodybuilder Jeffrey P. Bezos....
...S&P puts Fosun’s holding company debt at Rmb112bn, including both offshore and onshore borrowing but excluding various consolidated investees’ debt....
...Built off the southern tip of Johor, Forest City totals 1,740 hectares — about three times the size of Singapore’s Sentosa resort island....
...like Lancôme and L’Oréal Paris....
...Following a critically successful four years under Olivier Theyskens as artistic director, P&G shuttered the brand’s fashion division once again from 2006 to 2008....
...Then the P&L looks something like this: AMC is suddenly profitable! The retail investor, by providing the company with cheap capital, has bootstrapped the company back into the black....
...Now it risks losing most of its investment — debt rating agency S&P Global expects AMC to run out of cash in six months....
...In the US, S&P 500 non-financial companies were sitting on $1.35tn of cash and equivalents at the end of June....
...“These divisions [will be] the highest operational level, which means they are fully accountable for their P&L and their operational balance sheet,” he added....
...K&L Gates has hired a team of seven led by Georg Bernsau to its restructuring and insolvency practice in Frankfurt from Bernsau Brockdorff & Partner, where Bernsau was a name partner....
...Increased focus on the home, reversing some L-T adverse trends....
...K&L Gates has added David Owen as counsel to its asset management and investment funds practice. Owen joins from Allianz Global Investors....
...One mystery here is the identity of the investment consortia buyers, “Gemstone Investment Holding Ltd” and “Allied Cigar Corporation, S.L”....
...The Shanghai Composite index has done better over that period, in local currency terms, than the S&P 500 or the MSCI World indices....
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