Hints and tips:
...Instead, 2023’s kingpin was Morgan Wallen’s One Thing At A Time, which sold the equivalent of 5.4mn albums, making it the biggest album in eight years....
...Morgan Stanley’s Mike Wilson is a little gloomier, and predicts it will end flat on the year at 4,500....
...That’s the equivalent of five 25-basis point rate cuts, and could mean one cut at more than half of 2024’s eight meetings, or fewer sharper cuts....
...Additional reporting by Taylor Nicole Rogers in New York...
...Mike Wilson of Morgan Stanley suggests owning industrials....
...Musk, in a letter to Twitter chair Bret Taylor, has said he is exploring how to allow some existing shareholders to invest in the company once it is private....
...That’s surprising because both companies are not heavyweights in the big MSCI World index, Morgan Stanley said....
...It is the 10th largest player in the sector, well behind the controlling oligopoly of MSCI, S&P Dow Jones Indices and FTSE Russell....
...Yet Bill 19’s language is ambiguous and an underwriter might find hairsplitting ways to get around its stated purpose....
...For Bacall and Bogart, the prop is also written into their off-screen tryst: the story goes that when they were shooting their first movie together (1944’s To Have and Have Not) and Bogart asked for his...
...Financial groups such as JP Morgan Chase are more recent converts....
...And sure enough, Taylor Wimpey accompanies the raise with a trading update saying more land means fewer houses....
...As Taylor Cavey, senior analyst at S&P Global Platts, says: “Any growth in gas supply is subject first to debt, and then to infrastructure.” Infrastructure here means pipelines....
...Bank of America, Morgan Stanley and Goldman Sachs report next week....
...And Taylor Wimpey’s down to “hold” at Canaccord on valuation. The share price has enjoyed a very strong run since reaching lows of around 100p recently....
...Elsewhere in sellside, HSBC (both the UK and HK lines) get(s) upgraded to “equal weight” at Morgan Stanley on valuation: Following 2Q20 results, we lower estimates by 15%, 9% and 10% for 2020-22, respectively...
...Here’s Morgan Stanley: As a result of developments in FY Q2 the company has revised its three scenarios for the year....
...Some companies (such as Taylor Wimpey) escape....
...Synthetic fibres are being found in the deep sea and only 13 per cent of total material in the clothing industry is recycled, Morgan Stanley has said....
...(FT, WaPo) US earnings retreat forecast Wall Street has significantly scaled back expectations for US corporate earnings in the fourth quarter, putting the S&P 500 on track for its slowest annual earnings...
...That’s one of the worries raised by Morgan Stanley....
...Lauren Taylor Wolfe and Christian Asmar have received a $250m commitment from Calstrs for their ESG-focused fund, Impactive Capital....
...Compass, which last updated on February 6 to say organic sales would grow in 2020, is the FTSE 100’s sharpest faller at pixel....
...for $850m, to help pay off Lord & Taylor’s debt....
...Taylor Wimpey is beginning to chew over replacing Kevin Beeston, chairman since 2010. But Mr Williamson’s card had been marked for overboarding....
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