Hints and tips:
Related Special Reports
...European wholesale gas prices and global agricultural commodities prices are roughly back to their early 2021 levels, before their war-related rises....
...In November, the Nomura chief said he would target another $100mn in cost cuts in the wholesale banking division as he tries to attain a target of 8 to 10 per cent return on equity for the bank....
...After taking the keys to the auction house, Drahi then layered on hundreds of millions of dollars more debt by mortgaging off Sotheby’s trophy properties in London and New York....
...That’s one in every seventeen people with a job — 10 per cent of people working in wholesale and retail, and 17 per cent of people in the information and communication industry are directly employed by a...
...According to Aurora, an energy consultancy, UK wholesale electricity costs will be more than 20 per cent higher than in Spain by 2030....
.... ©2023 Nikkei Inc. All rights reserved....
...The situation highlights a contrast between the deteriorating hard numbers disclosed in obscure filings for Brookfield’s property portfolio, and the Corporation’s focus in commentary on successful “trophy...
...Rival UWM, the parent company of United Wholesale Mortgage, has gained 43 per cent. Mortgage lending is a feast or famine business. The market takes the view that the interest cycle has peaked....
...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
...Emails show how as art valuations soared, margins of $5mn to $10mn on these “trophy” artworks felt like rounding errors....
...It buys cars from consumer and wholesale channels and tries to sell them as quickly as possible, capturing the pricing spread (Carvana attempts to sell vehicles within 70 days)....
...“It is not a trophy investment any more,” Mercedes chiefToto Wolff tells Scoreboard....
...Wholesale areas (est. 60% of core Citi) are positioned for share gains with its ~5K multinational and ~12K corporate clients in 3 LOBs: Services (27%, mostly payments), Markets (25%), and Banking (8%)....
...Benko’s Signa Group, which bought stakes in the two trophy assets and amassed a €27bn property portfolio, racked up at least €13bn in debt during the years when the cost of borrowing was next to nothing,...
...Plus, Sequoia’s Mike Moritz writes that the club is a tarnished trophy asset....
...Elliott later made wholesale management change the focus of its demands. Since mid-May, NRG’s shares have risen 47 per cent, compared with a 10 per cent loss for the S&P 500 utilities index....
...An interesting example is BJ’s Wholesale, a members-club bulk retailer that is popular among a wide range of consumers....
...“This was a trophy-case quarter for Tesla, and Rivian added to the fireworks with very impressive results for the June quarter.”...
...That compares to the $22.3bn and the $28bn made by Quicken Loans owner Rocket Company and UWM, the parent company of United Wholesale Mortgage. Zillow’s loan business is also unprofitable....
...A version of this article was first published by Nikkei Asia on December 18. ©2023 Nikkei Inc. All rights reserved....
...Five-star assets Raffles London, the lavish hotel once home to Winston Churchill’s office, underscores a new era of inflation-resistant super-luxury hospitality as foreign investors snap up trophy assets...
...The pending Diamond Sports bankruptcy comes as trophy sports franchises go up for sale around the world. These include Manchester United and the Washington Commanders....
...Francois called on Grant Shapps, who was appointed defence secretary last month, to consider “wholesale reform” to the way the ministry acquires new systems....
...As part of the deal, Disney will allow pay-television provider Charter to offer some of its ad-supported streaming offerings — including Disney+ and ESPN+ — to its customers as part of a “wholesale” arrangement...
...“It’s not about trophies this time,” said Rochelle Kopp, managing principal at the M&A advisory boutique Japan Intercultural Consulting in Tokyo....
International Edition