Hints and tips:
...This month rating agency S&P Global downgraded Ecuador’s outlook to negative from stable, arguing the crime wave could hit reforms....
...And on Wall Street, the S&P 500 has hit record highs this year. So what’s going on? Shouldn’t voters love all of this?...
...“People say — our soldiers are risking their lives in Gaza, thousands have lost their homes, Moody’s, Fitch and S&P might downgrade our credit rating....
...For example: the S&P is now trading at 15.2 times next year’s earnings, down from 19.2 months ago....
...Hong Kong activist sentencing: Benny Tai, a former law professor at the University of Hong Kong and veteran pro-democracy activist, will appear in court for sentencing after pleading guilty to four charges...
...At the end of July, the S&P 500 median normalised price/earnings ratio was 34.2. In February of 2000, the month-end peak of the tech bubble, it was 22.2....
...Brown’s parents worked in the British film industry and would do “hilarious mixing” at their parties, inviting Rebecca West at the same time as Benny Hill, she recalls....
...The Restaurant Group, which owns chains including Wagamama and Frankie & Benny’s, reported higher cash burn during England’s second lockdown....
...Ford was “borderline” for an investment-grade rating even before the coronavirus pandemic, S&P Global Ratings said on Wednesday....
...Downgrades by S&P and Moody’s this month stripped the company of its investment-grade status once again, sending $36bn of debt back into junk territory....
...For the S&P 500, analysts expect a 22 per cent decline in earnings this year is followed by a 23 per cent rebound in 2021....
...This is based on a P/E of 14.5x 22E, set in line with IMI’s 5-year average P/E. The current P/E relative to the sector at a c30% discount is at the low end of the 30 year trading range....
...Ex-military chief Benny Gantz, his rival, has ruled out a unity government....
...US stocks are heading for another slide on Monday, with futures markets pointing to the S&P 500 falling at least 5 per cent, while investors brace for a round of fresh ratings downgrades....
...Given that the S&P 500 is heavy in bond proxies and secular growth, we would expect higher upside potential in small-caps, cyclicals, value and emerging market stocks than the broad S&P 500.”...
...In 2024/25, we model £1.3bn p/a in group FCF. At c.14% FCF yield in 2023, and >17% in 2024/25, we continue to see attractive upside to equity in the medium term....
...If Benny Gantz fails to forge a government in 28 days, Israel may face an unprecedented third poll....
...The market swoon continued on Monday with the S&P 500 stock index falling by another 1 per cent. IBM itself fell 5 per cent and is down more than 20 per cent for the year....
...Leonard Grimando, an accounting specialist with S&P, noted that the reduction in pension volatility “is viewed as a positive”....
...It may seem dated now but Three of a Kind launched some distinguished comedy careers, and it was a lot more sophisticated than Benny Hill: (Younger readers might be interested to know that this is what...
...Restaurant Group, the troubled FTSE 250 company behind chains such as Garfunkel’s and Frankie & Benny’s, said it is making progress with turnround efforts but sales continued to slide at the start of this...
...struck an “optimistic and co-operative tone”, according to Hans Mikkelsen, credit strategist at Bank of America Merrill Lynch....
...Japan’s Topix was up 1 per cent, while Australia’s S&P/ASX 200 rose 0.4 per cent as commodity stocks rallied....
...Intraday In the US, the S&P 500 is expected to dip 0.2 per cent at the start of trading in New York. It’s Budget day!...
...The Restaurant Group, owner of family eatery chains such as Frankie & Benny’s, is bidding farewell to the chief executive whose two-year tenure has been marked by a 44 per cent decline in its share price...
International Edition