Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...While ETFs tracking the S&P Global Clean Energy Index received an A+ score from TrackInsight, others, such as those replicating the MSCI USA Extended ESG Focus index, were given a C+ (D is the lowest score...
...It is at risk of a downgrade by rating agency S&P Global if it spends more than $20bn on spectrum and its earnings are flat this year....
...USA Inc — in other words offering a dire signal on the outlook”....
...GILD’s c$15bn cost base vs $11bn core op.income, of which c$5bn lies in R&D/SG&A), but also require very significant job cuts at a time of global economic hardship....
...Over 2009-19, SWMA achieved average organic sales and operating profit growth of c.5% p.a. and c.7%, respectively and EPS growth of 10% p.a....
...We think Airbus would be best-positioned to benefit from a V-shaped recovery in 2021....
...With the new threat to sue from a coalition of US states, it’s going to be a tough call to make for the US regulator. DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...ZhongOn Online P&C Insurance....
...Even so, the 36.5-per-cent transfer was a better outcome than secured lenders feared -- senior loans actually rallied at first, according to LCD, part of S&P Global Market Intelligence....
...Google, meanwhile, added a share class with no voting rights once it was already an S&P 500 member....
...This ranks CME among the three most profitable members of the S&P 500 index, alongside Visa, the card network, and Gilead Sciences with its $1,000-a-day hepatitis pill....
...(c) Company Securities....
...which were looking kinda banky (ML Bank and ML USA) turned out to be a federal savings bank and an industrial loan company respectively....
...Average profit margins are already wide by historical standards, and some fear there is little fat left to cut in USA Inc....
...“Technically, stocks enjoy a seasonal tailwind early in the first quarter,” said Bruce Bittles, chief investment strategist at Robert W Baird, who said the S&P 500 could be set for “an attack on the 1,300...
...Tuna Amobi, S&P Capital IQ analyst, said the sale represented a “fairly attractive price”, noting that SpectrumCo acquired the licences at a 2006 FCC auction for $2.4bn....
...Last week, S&P and Moody’s each warned that a failed debt payment by the US Treasury would result in a downgrade of the triple A rating of the US....
...K+S, the German chemicals manufacturer, dropped 4.7 per cent to €42.40 as S&P cut its rating to sell, after analysts forecast a disappointing outlook for its fourth quarter....
...That certainly puts S&P’s alleged “$2 trillion error” in context. Perhaps the chief executive of a real-life USA Inc could have finagled a triple C by pointing out the discrepancy....
...“Current cash of £7m could fall to £1m-2m by next year under our forecasts (the company sees it c£2m better) and an equity fundraising is a background possibility, although the company has overdraft facilities...
...2008 (LOC: Allied Irish Banks, p.l.c.)....
...The SEC last week approved new rules to halt trading in S&P 500 stocks that rise or fall more than 10 per cent within five minutes....
...“Most investors have abandoned hope for a clean V-shaped recovery and are now extremely data-point sensitive,” said Lawrence Creatura, vice-president and portfolio manager at Federated Clover Investment...
...“Those are the requirements of the market,” a P&G spokesman says. Kristin Gribben is associate editor of Agenda, a Financial Times service...
International Edition