Hints and tips:
...The list of the badly bruised includes wild growth plays such as Zoom and Peloton, but also sturdier tech companies such as PayPal, and the mobile carrier T-Mobile....
...business (FT) Singapore’s GIC Plans to Invest More Than $1 Billion in Ant (BBG) Macy’s takes stake in Klarna as part of payment partnership (FT) K+S signs agreement for $3.2 billion sale of Morton Salt...
...On top of the $50bn bailout for airlines, there is another $8bn for air cargo carriers such as FedEx and UPS....
...Wireless carrier T-Mobile will replace the now IBM-owned Red Hat in the S&P 500 index. T-Mobile will join the S&P 500 for the start of trading on July 15, S&P Dow Jones Indices announced on Tuesday....
...He also predicted that a tie-up could lead to higher prices for customers across the big wireless carriers....
...With the current price-to-earnings ratio of the S&P 500 at 24 times, one might be forgiven for calling Google cheap....
...“HTC was preferred by the Japanese carriers, the Taiwanese, the Chinese and European carriers like Vodafone, so they were doing well until Samsung came along [in the second half of 2010],” says Neil Shah...
...The S&P 500 energy sector, down 1.1 per cent, was the day’s worst performer....
...The rise in oil prices helped energy stocks lead the S&P 500 with a 0.8% gain for the sector....
...The S&P 500 has gained 5.5 per cent in the first quarter, while IPOs are up 11.8 per cent, according to an index calculated by Renaissance Capital that tracks big listings of the past two years....
...The carrier secured a A$425m ($322m) 12-month loan facility from its four major shareholders Air New Zealand, Etihad Airways, Singapore Airlines and Richard Branson’s Virgin Group....
...The broader S&P/ASX 200 was up 0.4 per cent. Qantas’s announcement continues its remarkable turnround from the brink of bankruptcy two years ago....
...The airline reported interim earnings ahead of estimates and announced a A$500m ($361m) share buyback, but shares had already rallied 70 per cent last year as the carrier continued its turnaround from close...
...Southwest Airlines was the biggest decliner on the S&P 500 on Tuesday after the carrier lowered its outlook for a fourth-quarter revenue metric....
...That, and a sizeable debt burden, prompted S&P to cut Qantas to “junk” in December 2013 after the carrier said it would record an underlying pre-tax loss for the December half of up to A$300m....
...Helane Becker, an analyst with Cowen & Company, said the airline appeared to be retiring older aircraft at a faster pace, reducing its mainline fleet....
...Shares of Delta Air Lines bounced after the carrier said first-quarter profits tripled and added that it would reduce seating capacity on overseas flights....
...Industrials and healthcare stocks dragged on the benchmark S&P 500....
...The S&P 500 declined 0.3 per cent to 1,977.80 while the Dow Jones Industrial Average fell 0.3 per cent to 17,071.22. The technology-heavy Nasdaq Composite slipped 0.1 per cent to 4,505.85....
...The company’s investments include some new carriers for dry bulk commodities such as coal....
...lower bound (Financial Times Davies) OVERNIGHT MARKETS Asian markets Nikkei 225 down -126.37 (-0.88%) at 14,202 Topix down -11.23 (-0.94%) at 1,183 Hang Seng down -40.14 (-0.17%) at 23,210 US markets S&...
...(Financial Times) (WSJ) Japan’s “ANA and Japan Airlines, the nation’s largest carriers, flew through a new Chinese air-defense zone without notifying the country after Japan asked airlines to stop giving...
...(Financial Times) OVERNIGHT MARKETS Asian markets Nikkei 225 down -138.86 (-0.99%) at 13,885 Topix down -13.49 (-1.16%) at 1,150 Hang Seng down -169.16 (-0.73%) at 22,969 US markets S&P 500 up +11.84...
...(Reuters) “Fiat is in talks for as much as $10 billion in financing from a pool of banks to buy the Chrysler Group LLC stake it doesn’t own and refinance the two automakers’ debt, people familiar with the...
...economy began to show signs of improvement. http://www.bloomberg.com/news/2012-11-25/south-korean-consumer-confidence-rebounds-from-nine-month-low.html Qatar disposes of Barclays warrants Qatar Holding LLC...
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