Hints and tips:
...“Companies have underdelivered the IPO promise,” said Tracy Dolin-Benguigui, a Barclays equity research analyst who covers insurance companies....
...Online shopping is about shipping Leslie Hook has visited an Amazon distribution centre in Tracy, California to get the lowdown on a company pushing logistics to its limits with same-day and one-hour delivery...
...We suppose you’re probably looking at something like this and may v well already be washed out… We’ll come back to that chart in moment....
...What particularly struck our eye was the question of “How much better is Grand Theft Auto V than Grand Theft Auto IV?” (Tip of the hat to Tracy Alloway for highlighting this.)...
...Izzy cites SocGen research which asks whether EM outflows have only just begun, and wonders if taper tantrum V.2 has at least learned from taper tantrum V.1 that taper means the opposite of a US bond apocalypse...
...We told him there’s v little tolerance for reactions like that and he needs to tone it down.” Mr Smith did not respond to phone calls and emails seeking comment....
...Update – Tracy points out: “Free-mont… Two-thousand-and-six” appears to be a reference to Fremont, subprime lender and past headache for Goldman through the Fremont 2006-E RMBS....
...Related links: A fair (value) solution – Expect[ed] Loss Apples v apples – a new way to measure risk – Vikram Pandit Bank quandary: valuing assets – WSJ...
...Did Spencer Tracy have an affair with Katharine Hepburn? She: Of course they did. He: Says who, internet girl? Did you read it on Gawker? America was great when they weren’t an item....
...events is this case is quantitatively similar across country-sub-sample; iv) the reaction of CDS spreads to negative rating events has increased after the 15th of September 2008 Lehman Brothers bankruptcy; v)...
.... €4-5B INDICATED IN 3-MONTH AND 6-MONTH – Sells €2.09B in 3-month Bills; Avg Yield 1.743% v 0.951% prior; Bid-to-Cover: 2.3x v 2.77x prior – Sells €1.16B in 6-month Bills; Avg Yield 2.111% v 1.285%...
...Approximately one month after the ACA and IKB note purchases in April 2007, ABN AMRO N.V. (“ABN,” now owned by RBS) entered into a swap transaction referencing the ABACUS 2007-AC1 portfolio....
...local capital markets; iii) the strength of an infrastructure company’s banking group; iv) the likely political influence to reduce tariffs/extract value in other ways or impose discriminatory taxes; v)...
...Stress tests v.2.0, that is. Late on Wednesday, the US Federal Reserve issued its guidelines for financials that want to start paying out dividends again....
...The Bank’s previous issuance off its START platform was the US$1.0 billion START V CLO in July 2008. We bring it up because we expect to see a lot more of these....
...New round of liquidity injection can not substantially reverse the trend of increasing the federal government’s fiscal deficit and debt burden in the long term… V....
...Chicago, Walras v. Marshall, mindless econometrics v. mindless axiomatics, New Keynesians v....
...By contrast, the TPG V fund’s first-quarter update, dated May 28, estimated that its stake was worth 20 cents on the dollar....
...It applies much tougher haircuts for less liquid assets like ABS (Category V), non-jumbo covered bonds (Category III) and theoretically-valued bonds (extended from ABS to include bank bonds)....
...Bond yields can follow the L-shaped recovery in some parts of the economy… but equities can follow a V-shaped recovery in EPS… As companies contain costs any growth in revenues makes for big gains in profits...
...A variety of recent consumer-related reports, including the May employment and retail sales releases, have been sub-par and are posing appropriate questions as to whether the recovery will be V-shaped....
...Bernanke bought bonds in 2009 and yields still backed up because of a V-shaped inventory- and policy-induced recovery in the economy and an 80% bounce in the equity market off the lows....
...Related links: Trojan speculators, or, one headache for the Greek authorities - FT Alphaville Greece v everyone, BaFin and speculators edition – FT Alphaville Oh, those evil, speculative… European officials...
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