Audiojungle comes to life
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Perhaps travel cannot prevent bigotry, but by demonstrating that all peoples cry, laugh, eat, worry, and die, it can introduce the idea that if we try and understand each other, we may even become friends.
Don't go around saying the world owes you a living. The world owes you nothing. It was here first. If you don't like something, change it. If you can't change it, change your attitude. Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.
It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. All changes, even the most longed for, have their melancholy; for what we leave behind us is a part of ourselves; we must die to one life before we can enter another.
[soundcloud url="https://api.soundcloud.com/tracks/118951274" width="100%" height="166" iframe="true" /]Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.
Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
Super User
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Another US activist investor is taking a pop at a British company.
Engine Capital, a New York-based hedge fund set up in 2013,
is calling for FTSE 100 engineer Smiths Group, founded in 1851, to explore a break-up
or sell itself in entirety.
Arnaud Ajdler, Engine's founder and portfolio manager, who teaches 'value investing' at Columbia Business School, told Smiths bosses the company is significantly undervalued 'due to its conglomerate structure' and that needs to change.
Engine owns about 2 per cent of the £6billion company,
which employs more than 15,000 people and is known for making airport security scanners.
Smiths (up 5.5 per cent, or 97p, to 1862p) insisted it has 'a clear focus
on creating shareholder value', evidenced by two
recent upgrades to guidance. Meanwhile, the US hedge fund Saba Capital, run by Wall Street financier Boaz Weinstein, continues to target seven UK investment trusts with plans to replace
their directors with allies.
Smiths contributed to the latest 113.32-point rise by the FTSE 100,
up 1.4 per cent this week to a record 8505.22 ahead of the long weekend
in the US.
Under pressure: Engine Capital is calling for Smiths Group to explore a break-up or sell itself in entirety
The FTSE 250, more exposed to the struggling UK economy,
advanced a further 0.3 per cent, or 69.72 points,
to 20597.42 in anticipation of the first in a string of interest rate cuts by the Bank of England next month.
The prospect of cheaper borrowing pepping companies and consumers lifted more domestically focused sectors such as housebuilders, banks and
retailers.
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Persimmon gained 1.8 per cent, or 21.5p, to 1201p and Associated British Foods,
owner of High Street discount fashion chain Primark, improved 2.2 per cent,
or 44p, to 2012p ahead of a quarterly trading update next Thursday.
At the end of a busy week for company results, DFS Furniture rose 5.1 per cent, or 7p, to
145p after estimating profit had nearly doubled in the first half its year
to as much as £17m.
But the sofa retailer cautioned that profits were likely to fall in the rest of the year as Budget
measures drive up costs.
The owner of William Hill gave shareholders in gambling firms fresh reason to cheer as it declared
profits have come in 'well above' City forecasts.
Evoke, which also owns online casino groups 888 and Mr Green, advanced 5.5 per cent, or 3.8p, to 72.5p after revenues in the
final quarter of 2024 were as much as 13 per cent higher than in the same period a year
earlier.
Boss Per Widerstrom noted some 'friendly' sports
results for the bookie as both Manchester City and
Arsenal - often heavily backed by punters to win - hit a run of poor
form.
The company said profits look to have hit 'the high end' of its previous
forecast of £300m to £310m - well ahead of the £294m pencilled in by analysts.
Spirent Communications was steady at 176.4p. Confirmation of a strong close to its year came
a day after the competition watchdog said it would look into the planned £1.2billion takeover of the telecoms tester by America's Keysight Technologies.
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