Dealmaking rattles Unilever bonds
Ambitious dealmaking can spell pain for corporate bond investors. Unilever’s bondholders were offered a reminder of that on Friday as prices for the Anglo-Dutch consumer group’s debt fell after the...
View ArticleUS food producers slip on blowback from merger talk
The shares of several competing food producers were under pressure on Friday after Kraft Heinz approached Unilever to propose a $143bn takeover. Mondelez, Kellogg, General Mills and Campbell Soup are...
View ArticleWeek in Review, February 18
A round up of some of the week’s most significant corporate events and news stories. Snapchat prepares to tempt investors with picture show “JPMorgan hearts Snap Inc” read the large white sign,...
View ArticleAuthers’ Note: Re-emergence
Sign up to receive Authers’ Note daily by email here Yet another re-emergence is under way. Last year's US election thwarted what had been a promising recovery for emerging market equities, after a...
View ArticleSaturday Papers:
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View ArticleSaturday Papers: Housing market slumps
And JP Morgan and Morgan Stanley set for lead Saudi Aramco IPO roles. Source link
View ArticleSunday Papers:
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View ArticleSunday Papers: Greece hurtles towards a final reckoning
And Dutch poison pill could save Unilever from ‘predatory’ bid from Kraft Heinz. Source link
View ArticleHedge funds stop shorting Aberdeen Asset Management
Hedge funds have stopped betting against Aberdeen Asset Management for the first time in four years, with analysts predicting an end to dramatic share price falls for the Scottish fund house....
View ArticleFlows and France: big market questions this week
Here are the questions the FT Markets team will be pondering this week: What do retail flows mean? Money flows are widely watched but, like anything in markets, there is signal and then there is...
View ArticleInsurers braced for ruling in Hong Kong directors’ case
Global insurers such as Zurich and AIG are braced for a tribunal ruling in Hong Kong that could push Asia’s market for corporate executive insurance into the red. Directors and officers insurance...
View Article8 human weaknesses that threaten to wreck your wealth
7. The do-nothing investor Finance companies regularly exploit the inertia of their customers – from banks that give you rock-bottom interest rates on savings to the new company pension schemes that...
View ArticleFight to keep Brent oil benchmark fit for purpose
As the world’s oil traders descend on London this week, the hot subject will be how to keep North Sea Brent, the benchmark for the global oil price, fit for purpose. Platts, the oil pricing agency, is...
View ArticleLe Pen poll lead pushes Franco-German yield gap to 4-year high
The premium for 10-year French debt climbed to a fresh post-eurozone crisis high over equivalent German Bunds on Monday, reflecting investor jitters about France’s upcoming presidential election. The...
View ArticleBad BAT tax reform would 'decimate' US importers
Fund managers are becoming increasingly alarmed at the Trump administration’s plans to introduce a radical ‘border adjustment tax’ (BAT) as a way to fund its tax-cutting agenda. The BAT would impose a...
View ArticleOdebrecht’s scandal spreads across Latin America
The Odebrecht scandal is spreading — metastasising in the words of Medley Global Advisors — from Brazil to the rest of Latin America. As details of the plea bargain struck by the disgraced...
View ArticleUnilever slides as Kraft Heinz abandons $143bn chase
Update: Shares in Unilever (ULVR) have fallen after Kraft Heinz abandoned its $143 billion bid just two days after confirming the opportunistic offer for its consumer goods rival. In a joint statement...
View ArticleHSBC tightens lending to palm oil industry
HSBC has tightened its standards on lending to the palm oil industry, pledging that it would cut ties with companies linked to the destruction of rainforests in key production areas. The new standard,...
View ArticleGreen paper warns on extra pensions regulation
The UK government has resisted calls to force companies to obtain clearance from the pensions regulator before doing corporate deals, as it unveiled proposals to sustain the £1.5tn final salary...
View ArticleOdebrecht scandal has Latam leaders on watch
When Peru’s President Pedro Pablo Kuczynski held a call with US President Donald Trump last week, one of his tasks was to ask whether his former boss could be extradited. Alejandro Toledo, president...
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