Forrest’s Wyloo Attracts IPO Pitches : Australia Briefing
Wyloo Metals, the private nickel miner owned by billionaire and Fortescue Chairman Andrew Forrest, says it’s been inundated with pitches to take the company public. “We’re not thinking about an IPO at the moment,” Wyloo CEO Luca Giacovazzi said at the Diggers and Dealers conference in... #press
Disney Shares Rise, US Limits Chinese Investments (Podcast)
Source: Bloomberg, 15:59 #press
Gallup's Mohamed Younis on Favorability of Presidential Candidates
Gallup Inc. Editor-In-Chief, Mohamed Younis discusses new polling data that looks at the favorability of President Biden, Former President Donald Trump and other politicians running for the 2024 Presidential election. He also talks about how the partisan divide over key issues has expanded... #press
Leo Hindery Talks Sports Broadcasting
Source: Bloomberg, 6:33 #press
Geetha Ranganathan on Disney Earnings (Audio)
Source: Bloomberg, 5:17 #press
Disney Is Not a Growth Company Anymore, CFRA Says
Kenneth Leon, director of equity research at CFRA, discusses Walt Disney Co. 's latest financial results and its prospects. Disney rose more than 6% in extended trading after management of the world’s largest entertainment company said capital spending and outlays for movies and TV shows are coming in lower... #press
Harman on US China Investment Limit, Russia, Israel
Jane Harman, Chair of the Commission on National Defense Strategy, discusses President Biden signing an executive order to limit US investments in some Chinese firms that could threaten US national security through next generation surveillance and military technology. She also talks about Russia set to... #press
Lawyers Are Getting on More Corporate Boards (Podcast)
Source: Bloomberg, 26:17 #press
What No Landing Looks Like to a Treasury Bond Investor
Bond investors get paid to worry about downside risk. So when risks mount, expect them to show up in bond markets first. We see that in the Treasury market, where yields have pushed up to account for a soft landing and elevated budget deficits. But risks of a recession haven’t gone away. In fact, one... #press
Barrick CEO Mark Bristow Talks Gold and Commodities
Source: Bloomberg, 7:59 #press
Funeral Firm InvoCare Agrees to $1.2 Billion TPG Takeover Offer
Australian funeral home operator InvoCare Ltd. has agreed to a revised A$1.83 billion ($1.2 billion) takeover offer from private equity firm TPG Inc. #press
Funeral Firm InvoCare Agrees to $1.2 Billion TPG Takeover Offer
Australian funeral home operator InvoCare Ltd. has agreed to a revised A$1.83 billion ($1.2 billion) takeover offer from private equity firm TPG Inc. #press
New Cleaning Products Hit Shelves to Tempt Shoppers Sick of Stocking Up
Shoppers have found it’s not a problem to buy fewer paper products and bath items. But for the companies that make these basics, it’s trouble. #press
Eskom Latest: Energy Loans for Househilds, Climate Pact Delays
South Africa introduced guaranteed loans for small businesses and households to buy rooftop solar panels as part of efforts to alleviate the impact of unreliable power supply. #press
Is the Fed Done with Rate Hikes? (Audio)
Source: Bloomberg, 7:21 #press
New Cleaning Products Hit Shelves to Tempt Shoppers Sick of Stocking Up
Shoppers have found it’s not a problem to buy fewer paper products and bath items. But for the companies that make these basics, it’s trouble. #press
Private-Jet Firm Wheels Up Seeks Rescue Funding
Private-jet company Wheels Up Experience Inc. is seeking new financing from investors as its cash dwindles, according to people with knowledge of the situation. #press
Stability AI's Breakout Hurdles, Palantir Slides (Podcast)
Source: Bloomberg, 41:59 #press
Moody’s Cuts Bank Ratings (Podcast)
Source: Bloomberg, 34:01 #press
Banker Bonuses Seen Falling, With Wealth Managers as Sole Bright Spot
Merger advisers’ bonuses are likely to tumble this year as the business remains stagnant, though asset-management executives will see modest gains, according to Johnson Associates Inc. #press
