Anonymous ID: c3a354 April 2, 2019, 8:43 p.m. No.6026874   🗄️.is 🔗kun

>>6025592 pb

Asian Stocks & Bond Yields Jump As Algos Misread* US-China Trade Headlines

 

  • sounds like a planted story to induce the algo's to grab it and induce a rally

 

The Financial Times (FT) is an English-language international daily newspaper owned by Nikkei Inc, headquartered in London, with a special emphasis on business and economic news.

 

The paper was founded in 1888 by James Sheridan and Horatio Bottomley, and merged in 1945 with its closest rival, the Financial News (which had been founded in 1884).

https://en.wikipedia.org/wiki/The_Nikkei

 

Regarding the ownership sale of the Financial Times.

 

In 2015 Pearson raised more than £1 billion, or about $1.3 billion, from the sale of The Financial Times and its stake in the Economist, lowering its net debt to 0.8 times Ebitda. Twelve months later, net debt was back at 1.4 times Ebitda and the company issued a profit warning after a collapse in the American textbook market.

 

https://www.nytimes.com/2017/07/11/business/dealbook/pearson-penguin-random-house-bertelsmann.html?rref=collection%2Ftimestopic%2FPearson%20PLC.&action=click&contentCollection=business&region=stream&module=stream_unit&version=latest&contentPlacement=1&pgtype=collection

Anonymous ID: c3a354 April 2, 2019, 9:20 p.m. No.6027258   🗄️.is 🔗kun   >>7294 >>7389

U.S. judge orders PG&E to hold dividends to pay for efforts to reduce wildfire risks

 

SAN FRANCISCO (Reuters) - A U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use the money to reduce wildfire risk in California, stopping short of more costly measures he proposed earlier this year.

The new criminal probation terms for PG&E are modest compared with ones the judge had in mind in January and that PG&E said could have cost upwards of $150 billion.

 

The terms will, however, keep PG&E under the supervision of Judge William Alsup of the U.S. District Court for the Northern District of California and hold the company, which also is in Chapter 11 bankruptcy, to its target for clearing areas around its power lines of some 375,000 trees this year.

 

PG&E’s probation stems from its felony conviction after a deadly 2010 natural gas pipeline blast in San Bruno, California, near San Francisco, that killed eight people and injured 58 others.

 

PG&E filed for bankruptcy protection on Jan. 29 in anticipation of liabilities from wildfires, including a catastrophic 2018 blaze, the Camp Fire. It killed 86 people in the deadliest and most destructive wildfire in California history.

 

At a January hearing, Alsup, who is overseeing PG&E’s probation, said he felt compelled to propose additional probation terms in the aftermath of Camp Fire. San Francisco-based PG&E expects its equipment will be found to have caused the blaze.

https://www.reuters.com/article/us-pg-e-us-probation/u-s-judge-orders-pge-to-hold-dividends-to-pay-for-efforts-to-reduce-wildfire-risks-idUSKCN1RE2AL