Hints and tips:
...Citi’s Andrew Lowe crunched ISA subscription numbers across the latest five-year term. He found the yearly average of subscribers “maxing out” is 1.8mn, or 17 per cent....
...The complaint records in full Lowe’s Gerald Ratner moment....
...Douglas Lowe, Caledonian’s Chairman and Chief Executive, last month celebrated his 83rd birthday....
...Shedding the domestic division would move Ferguson’s business closer to higher-rated US peers such as Watsco, Home Depot, Lowes and Fastenal, they said....
...noted that existing home sales have been in negative territory since March, commodity product pricing “is coming off the boil”, and Ferguson shares are highly correlated with US-listed peers Home Depot and Lowe...
...Guidance was also weaker than expected as Lowe’s said it would use the savings from tax reform to accelerate investments....
...Recent upbeat comments on from peers including Lowe’s and Fastenal suggest a stronger February for the US construction industry, said Merrill Lynch....
...Kingfisher was up 2.3 per cent to 236½p as a story did the rounds that the B&Q owner might be a bid target for a US peer such as Home Depot or Lowe’s....
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