Hints and tips:
...We believe risk is pronounced despite trading on 2.3x CY21 P/E. We downgrade to Underperform with c.18% downside. Morgan Sindall (Buy; PT 1,550p)....
...Our last published fair value of 440p (29% upside) is equivalent to a P/TNAV multiple of 0.79x....
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management To more than 3% by the end of 2017....
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management I believe that all of the Chancellor’s headroom could well be exhausted within the next two years, but because of revised...
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management I do not believe the MPC will raise rates in 2017....
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management Trump’s presidency could contribute to higher UK mortgage rates, to the extent that stronger US growth and inflation contributes...
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management I would expect the economy to slow significantly by the summer as consumers feel the effect of higher inflation and investment...
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management I believe inward migration from the EU will be lower if and when Britain actually leaves the EU, but the overall impact...
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management More pessimistic than 12 months ago If we know anything about Brexit it is that nothing is certain, but on balance it...
...(Reuters) Dimon prevails on dual role: Just 32.2% of JP Morgan shareholders voted for a resolution to split the two positions of chairman and chief executive....
...strategist at Morgan Stanley....
...Sage Group rose 1.2 per cent to 283¼p ahead of a trading statement on Wednesday, even though the software maker’s updates are traditionally brief and uneventful....
...The S&P 500 in New York trimmed early losses before the news of Mr Mubarak’s departure broke, partly in response to a well-received IPO from Kinder Morgan, the energy pipeline group....
...Graham Secker, equity strategist at Morgan Stanley, said that equities, helped by the improving economic outlook and continued support from the world’s central banks, were enjoying a “sweet spot” that would...
...“We’re now in a malevolent cycle and the risk is that the government will have to issue even more debt. This could lead to higher interest rates, which would undermine the whole V-shaped recovery.”...
...His retail empire employs 4,000 and he is building a £35m distribution centre in the deprived area of Croxteth that will create hundreds more jobs....
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...British Airways lost 1.8 per cent to 307½p as Morgan Stanley said the flag carrier still faced a number of challenges, including building the new terminal 5 at Heathrow, and slashed its earnings forecasts...
...The affable Mohan has returned to the Reserve Bank of India for a second spell as deputy governor – nine months after being yanked out of the same job and installed as adviser to P....
...Riat Chairman The Bremic Hotel V....
...GKN rose 7.8 per cent to 255p, Invensys firmed 6.4 per cent to 16½p, Morgan Crucible advanced 8.1 per cent to 173p and FKI rose 3.9 per cent to 121p....
International Edition