Investors Chronicle

In this week’s episode of the Companies and Markets show, Dan Jones opens with a conversation with Mark Robinson on the meat-packing and seafood business Hilton Food Group.Then Jemma Slingo talks funeral provider Dignity, which despite a deal on the table is struggling with competition, debt and staff shortages.Lastly, the discussion moves on to unpack notable offers and takeovers announced in the past week, including real estate manager Blackstone’s deal for Industrials Reit, Glencore’s bid for Canadian miner Teck and the Rathbones-Investec Wealth merger.Dan Jones hosts Mark Robinson, Jemma Slingo and Julian Hofmann. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode, our result of the week is the British engineering business Smiths. Mark Robinson takes us through its latest results. And before leaving companies news, Christopher Akers is on hand to discuss Irn Bru maker AG Barr. Next up is IC economist Hermione Taylor on whether the hegemony of the dollar could come to an end. Could it be a digital currency that gives it the push? And finally, what are the Edinburgh Reforms and what do they mean for investors? That's what Christopher Akers explores in this week's long-read.Alex Newman hosts Hermione Taylor, Christopher Akers and Mark Robinson Hosted on Acast. See acast.com/privacy for more information.

On this week's episode of the Companies and Markets podcast, pest control company Rentokil is our result of the week, its strong recent performance landing it on Alex Newman's stock screen radar.  Next up is the continued turmoil in the banking sector, with Credit Suisse under the microscope after its emergency rescue by UBS. And it's not the only bank under pressure... Julian Hofmann is on hand to help break it down. Finally, with the IC's Isa special edition out this week, FT consumer editor Claer Barrett joins the show to discuss her new book: 'What they don't teach you about money'.  Hosted on Acast. See acast.com/privacy for more information.

Joel Greenblatt is managing director and co-chief investment officer at Gotham Asset Management, having co-founded Gotham in 1985. His written work includes the famous tome The Little Book That Beats the Market, published in 2005, which set out his ‘magic formula’ for private investors.In this interview, he speaks to Dan Jones about the relative cheapness of certain US shares, why he is still a fan of big tech, the origins of the magic formula and its usefulness for investors, and the prospects for the UK equity market.Timestamps:00:00 - Intro00:58 - Investment philosophy04:27 - Risk-free rate in 202306:00 - Are we in a 'normal' environment?13:40 - Knowing your 'circle of competence'17:06 - Value versus growth in the last decade20:40 - The magic formula27:03 - Cash flow versus EBIT 32:00 - The UK market36:23 - Company spin-offs39:35 - Conglomerates40:37 - Outro Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Companies and Markets show, Dan Jones and co provide a full autopsy of the largest banking collapse since 2008, namely that of Silicon Valley Bank (SVB). What happened, where are we now, and what are the implications going forward?Then it's on to reaction to Jeremy Hunt's first Budget as chancellor, with IC economist Hermione Taylor on hand to help make sense of it all.Finally, Jennifer Johnson joins the pod to break down her long read this week: Pharma's pricing problem. Dan Jones hosts Alex Newman, Julian Hofmann, Hermione Taylor, Mark Robinson and Jennifer Johnson.  Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Companies and Markets Show, Dan Jones hosts a discussion on the fate of the London market. How can it hope to compete with a new age of US state subsidies? Next up is the Budget preview with IC economics expert Hermione Taylor. How can a "black hole" turn into a "windfall", according to chancellor Jeremy Hunt? And what will this mean in terms of announcements next week? Finally, Michael Fahy joins the pod to discuss his long read this week on buy-and-build M&A: M&A masters: the stocks successfully buying growth. Dan Jones hosts Alex Newman, Mark Robinson, Hermione Taylor and Michael Fahy. Hosted on Acast. See acast.com/privacy for more information.

Dave Baxter is joined by Stephen Yiu, lead manager of the popular but embattled Blue Whale Growth fund (GB00BD6PG787). They discuss recent shifts in the portfolio - from Yiu exiting many of the mega-cap US tech stocks to a newfound interest in the energy sector - and the thinking behind this. From Chatgpt to the metaverse, they also look at which technological advances might drive tomorrow's returns, and which might look less convincing. Hosted on Acast. See acast.com/privacy for more information.

On the podcast today, ITV is our result of the week, with Jemma Slingo on hand to take us through the major talking points (including whether you can rewind ITVX now, as Dan Jones' pet hate). Next up it's a discussion of this week's long read: What to do with a lump sum. The author of that piece, Alex Newman, is here to break it down. Finally the panel discusses housebuilder Persimmon, following a big cut to its dividend.Timestamps: 00:00 - Intro01:16 - ITV12:02 - What to do with a lump sum23:16 - Persimmon/UK housebuilders Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Companies and Markets show, Dan Jones hosts Chris Akers for a discussion of the hotel group's IHG and Whitbread following their latest results.Next up, what does a recession mean for semiconductor stocks? Arthur Sants discusses off the back of his long-read this week: Chip Wars.And finally, our panel has a brief discussion of takeover offers for UK companies - are the likes of Devro, Dignity, and Aveva being lowballed?Dan Jones hosts Mark Robinson, Chris Akers, and Arthur Sants.Timestamps00:00-00:55 - Introduction00:55-10:36 - IHG and Whitbread10:36-27:22 - Semiconductor wars27:22-30:35 - UK takeover offers30:35-end - Outro Hosted on Acast. See acast.com/privacy for more information.

Alex Newman stands in for Dan Jones on this week's episode of the Companies and Markets podcast. On the agenda, first up Julian Hofmann takes us through various results for big banks: Barclays, NatWest, and Standard Chartered. Then it's on to a discussion of the FTSE 100 - does breaking the 8000 point mark actually mean anything? Finally it's Mark Robinson on Glencore after the miner reports record profits. Hosted on Acast. See acast.com/privacy for more information.

Supplying life-saving medical supplies by robotic flights in Africa is just the start. Zipline’s co-founder Keller Rinaudo Cliffton talks to Scottish Mortgage manager Tom Slater about what’s next.  -Invest in Progress is a podcast brought to you by the Scottish Mortgage Team. It offers a backstage pass to the conversations that occur between our managers and visionary leaders solving some of the world’s most complex problems. Listen to more episodes here. Hosted on Acast. See acast.com/privacy for more information.

Dave Baxter is joined by The Renewables Infrastructure Group (TRIG) investment manager Richard Crawford. In a wide-ranging discussion they look at the fund’s exposure to dramatic shifts in power prices, the effects of the UK windfall tax and other regulatory developments on the renewable energy sector – and which renewable technologies now look more enticing to investors. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode, BP turned in profits of $28bn for 2022. That may sound a lot until you realise Shell racked up $40bn. Commodities expert Alex Hamer is on hand to discuss the outlook for these companies this coming year, as always considering the investment case. Next up on the show, a podcast favourite: Unilever. They're back under pressure after warning of more price rises even after a record 13 per cent increase. With a new CEO in place, what is in store for the company? And finally, housebuilders have provided signs of a recovery recently - Barratt, Redrow and Bellway are all under the microscope of Alex Newman. Dan Jones hosts Julian Hofmann, Alex Hamer and Alex Newman. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode, Vodafone is under the spotlight as it's problems in Europe continue. Is there much they can do in the face of big cash flow demands, rising inflation, sluggish growth?Next up it's a trip on the management merry-go-round. Over 20 per cent of FTSE 100 companies changed CEOs last year. Is this just a random datapoint, a sign of post-pandemic fatigue, or perhaps moving out ahead of the higher-rate era? Our panel discusses.Finally it's GSK chat with the IC's pharma writer Jennifer Johnson. With concerns around their Zantac drug, are investors lacking faith in the GSK pipeline?Dan Jones hosts Alex Newman, Julian Hofmann and Jennifer Johnson. Hosted on Acast. See acast.com/privacy for more information.

They are meant to help us transition to a greener economy but carbon offsets, and the markets where they are traded, are fraught with controversy.The quality of carbon credits is under scrutiny, as is their use by companies, which may purchase them in lieu of real action towards net zero. Consultancy McKinsey estimates that this space will be worth as much as $50bn by 2030.Used judiciously, carbon offsetting can channel funds towards activities that help prevent or remove CO2 emissions from the atmosphere. Used cynically, the practice risks becoming a sophisticated form of greenwashing. Which way is this market heading? We have some answers. Listen to Silvia Pavoni, your host, as she talks to Marie Kemplay, one of her colleagues who has recently written about the controversy surrounding carbon markets. You’ll also hear from Gilles Dufrasne at Carbon Market Watch, an expert in this field with some strong views.-Links:Marie’s article on the voluntary carbon markets: https://www.sustainableviews.com/bu

On this week's episode of the Companies and Markets show, pubs is first up on the agenda following mixed trading updates from Fuller, Smith & Turner, Marstons and JD Wetherspoons. Then it's onto our big read this week, with Hermione Taylor talking us through quantitative tightening (QT) effects and what it means for investors. You can read her write up here: The return to normality.Finally, Arthur Sants, the IC's tech expert, joins the pod for a discussion of the jobs cull big tech companies have embarked upon - what should investors take away from this? Arthur also walks us through the latest news in the artificial intelligence (AI) industry, following Microsoft's $10bn investment into OpenAI.Dan Jones hosts Mark Robinson, Julian Hofmann, Alex Newman, Hermione Taylor and Arthur Sants. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode, Michael Fahy is drafted in to discuss two areas of interest. First up is big builders - infrastructure projects should keep companies such as Barratt, Balfour Beatty and Costain busy even in a recession. Second for Michael is a discussion of Qinetiq, a defence stock that looks relatively good value. James Norrington is also welcomed to the pod to talk through his long-read this week: Finding dividend stars.Dan Jones hosts James Norrington and Michael Fahy. Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Companies and Markets show, Direct Line is under the spotlight after a stormy December (both literally and figuratively). Then it's on to platform proactivity; is Fidelity right to have stopped investors from buying Jupiter UK Mid Cap on its platform? And will we see more of this as the FCA's new 'consumer duty' comes into force this summer?Finally it's a discussion of the Chinese market, with companies such as Dell and HP potentially looking to move production away. How much is this about supply chains, how much is this about US pressure? All this and more!Dan Jones hosts Julian Hofmann, Mark Robinson, Val Cipriani and Alex Newman. Hosted on Acast. See acast.com/privacy for more information.

On the first episode of 2023, Dan Jones and co return to first discuss the surprisingly positive outlook for UK retail, with a focus on the likes of Next and Greggs. Then Alex Newman is on hand to break down the methodology behind our big feature this week: Ideas of the Year 2023.And finally, Julian Hofmann discusses quantitative tightening in Europe and the UK, and asks what are the implications for banks? Dan Jones hosts Alex Newman, Julian Hofmann, Mark Robinson and Jemma Slingo. Hosted on Acast. See acast.com/privacy for more information.

On this, the final episode of the Companies and Markets show for 2022, we begin with a special AI edition of the show - can a chatbot write a more compelling podcast script than our IC staff? The main bulk of the pod begins with Christopher Akers on the show for our final result of the week: Currys. Then Alex Newman returns to preview his review of 2022's ideas as suggested by our IC writers - did we beat the market? Finally, Jennifer Johnson joins the pod to discuss the investment opportunities afforded by illness, as a cold and flu bug grips the nation this Christmas. Dan Jones host Alex Newman, Christopher Akers, and Jennifer Johnson. Hosted on Acast. See acast.com/privacy for more information.