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Saturday, 4 February, 2023

Barnes & Noble Inc
US bookstores: a novel resurgence Premium content
Industry reliant on blockbusters to drive sales, leaving publishers and booksellers exposed to feast or famine sales volatility
Friday, 3 February, 2023

Jonathan Guthrie
The Lex Newsletter: bearishness is so 2022 these days Premium content
Plus, Franklin Resources, Amazon, Shell, Big Tech, Peloton, Adani
Friday, 3 February, 2023

Fund management
UK asset management: falling markets fail to stem active decline Premium content
Britain’s fund managers have long been under siege from the rise of passive investment
Friday, 3 February, 2023

Adani Group
Adani/TotalEnergies: French company’s due diligence was inadequate Premium content
Adani’s star shows every sign of burning out
Friday, 3 February, 2023

Technology sector
Big Tech: Powell has put pep back in their step Premium content
Investors should note that redundancies and a bounce related to monetary policy are one-off phenomena
Friday, 3 February, 2023

Lex PopuliShare buybacks
Share buybacks: welcome payments in a suspect currency
Such moves are hardly a sign of faith in companies
Thursday, 2 February, 2023

Shell plc
Shell: the big bet on natural gas is now paying off Premium content
The UK oil major’s earnings illustrate how it and the industry have grown with the times
Thursday, 2 February, 2023

Deutsche Bank AG
Deutsche Bank: market will enforce a lower reliance on investment banking Premium content
Non-investment bank revenues are vulnerable to disappointments too
Thursday, 2 February, 2023

House & Home
Mattress retailers: business hit by sagging demand Premium content
Far from sleeping easy, investors might be waking up to a nightmare
Thursday, 2 February, 2023

Chinese business & finance
China brokerages: easier, faster listings boost earnings outlook Premium content
Foreign investors have noted change in tone from Beijing about regulation and economic expansion
Thursday, 2 February, 2023

Meta Platforms
Meta: taking spending back to reality Premium content
Mark Zuckerberg needs to rethink his spending on the metaverse
Wednesday, 1 February, 2023

Travel & leisure industry
Peloton: cycle turns as hardware business looks to software Premium content
Move away from unprofitable hardware peddler to fitness provider starts to pay off
Wednesday, 1 February, 2023

ORPEA
Orpea: shareholder wipeout proves folly of leveraged care homes Premium content
New bankruptcy laws have shifted the balance of power away from shareholders
Wednesday, 1 February, 2023

Vodafone Group PLC
Vodafone/Elliott: activist seeks an opportunistic gain from tower sale Premium content
US activist’s gambit depends on German securities law protecting minorities from premature squeeze-outs
Wednesday, 1 February, 2023

Adani Enterprises Ltd
India stocks/Adani: recurring scandals weaken recurring returns Premium content
New Delhi must investigate latest affair thoroughly and openly, or investors will draw their own conclusions
Wednesday, 1 February, 2023

Electric power
Power pricing: dual-market model would serve customers better Premium content
Renewables work in fundamentally different ways from the old power plants
Wednesday, 1 February, 2023

Andrew Whiffin
The Lex Newsletter: European banking is having a time to shine Premium content
Italy’s lenders in particular are in their sweetest spot since before the financial crisis
Wednesday, 1 February, 2023

ExplainerClimate change
Carbon counter: measuring individual choices
This award-winning FT series calculates the carbon costs and savings of individual lifestyle decisions
Tuesday, 31 January, 2023

Exxon Mobil Corp
Exxon: Big Oil should invest forward, not buy back Premium content
Profit growth was already starting to decelerate in the fourth quarter
Tuesday, 31 January, 2023

British American Tobacco PLC
BAT: smokes bloke must prep burns unit for independence Premium content
Appointment of a director of ‘combustibles’ could pave way to jettisoning the cash-rich business
Tuesday, 31 January, 2023

Behavioural economics
Surge pricing: algos lift margins and challenge trust busters Premium content
Machine learning lets companies make timelier use of data on everything from input costs to the weather
Tuesday, 31 January, 2023

Oriental Land Co Ltd
Tokyo Disneyland: a kingdom magically immune to Peltz belts Premium content
Oriental Land can rely on ample cash to fix its problems
Tuesday, 31 January, 2023

Johnson & Johnson Co Inc
J&J: court stops the music for the ‘Texas two-step’ Premium content
Congress may eventually have to step in and create a new club to resolve mass torts
Monday, 30 January, 2023

Franklin Templeton Investments
Franklin Resources: active manager needs to prove its worth Premium content
Firm’s push into alternative asset management has fostered some excitement — and it needs the help
Monday, 30 January, 2023

Intel Corp
Intel: Cash generation suffers as chipmaker’s shift muddles along Premium content
The worry for the semiconductor giant is that its fading business is not cyclical but secular

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