Too soon to ditch Neil Woodford but Patient Capital's board needs a shake-up

Too soon to ditch Neil Woodford but Patient Capital's board needs a shake-up

The five directors of Woodford Patient Capital Trust would like to remind the world that they exist. It’s been hard to tell the past week. The board of the investment trust employs Neil Woodford to manage £800m of assets but, as crisis engulfed their top man at …
See Original Article

NYT promotes questionable study on Google and the media

A New York Times story published on Sunday contains an eye-opening allegation: Google “made $4.7 billion from the news industry in 2018,” according to a new report. The lede of the story quotes the figure again, with all of the zeroes, and mentions that this …
See Original Article

Tilray Won't Be Profitable for at Least a Year, CFO Says

Tilray Inc. won’t generate positive earnings for at least another year as it spends on the U.S. CBD market and other opportunities, according to the pot firm’s chief financial officer. The Nanaimo, British Columbia-based cannabis company had originally …
See Original Article

Gasoline Prices Set to Plunge at the Pump

Hold up on buying gasoline for a week, and the price could drop by an average 16 cents a gallon nationwide. If you fill up a Ford Expedition, that’s a nifty $5.36 in savings. Gasoline prices have been sliding steadily for several weeks, and they’re promising to …
See Original Article

MF assets rise to ₹25.43 trillion in May, FMPs continue to see outflow

New Delhi: Fixed Maturity Plans witnessed outflow for the second straight month in May as investors pulled out ₹1,797 crore from the schemes, amid many non-banking finance companies grappling with debt woes. However, latest data from industry body …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.