Hints and tips:
...Analysts at Jefferies increased their 2024 cash profit estimates on the back of the full-year figures, judging CRH’s own 2024 forecasts to be “conservative”....
...Jefferies analyst Christopher LaFemina, a veteran in the field of mining megamergers, thinks a “price of at least £28/sh would be necessary for serious discussions to take place, and a takeout price of well...
...Christopher LaFemina, an analyst at Jefferies, said in a note that “we would be surprised if this is BHP’s final offer as the price is clearly too low to succeed”, estimating that at least £28 per share...
...Christopher Jefferies Bristol, UK...
...Analyst Jefferies said it was “too early to read too much into post-Christmas trading” but still rates the stock a buy. We agree....
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
...Jefferies subsequently hired at least 50 people from CLSA, including its former global head of research, Edmund Bradley, and Christopher Wood, one of CLSA’s top-ranked analysts....
...A former junior banker at Deutsche Bank and Jefferies, he chose to break his anonymity to be able to tell his story on his own terms....
...Job moves Billionaire activist Christopher Hohn’s TCI has opened an office in Abu Dhabi, joining a wave of groups betting on the United Arab Emirates....
...“I’m pretty comfortable saying that the worst of the rout is likely behind us,” said Christopher Jeffery, head of rates and inflation strategy at Legal and General Investment Management....
...Jefferies, Bristol, UK...
...By contrast, Julian Roberts, an analyst at Jefferies, said he believed investors “are probably right to think that [Burford] can get a majority of the settlement recovered”, although it might take “another...
...More expensive mortgages will undoubtedly weaken demand — Jefferies is forecasting a 25 per cent decline in volumes in the private sector, accompanied by a 10 per cent drop in prices and an 8-10 per cent...
...Christopher Cant, an analyst at Autonomous, says that Barclays’ UK personal banking unit has a cost-income ratio of 59 per cent, far in excess of the 44 per cent reported by the comparable division at NatWest...
...Christopher LaFemina, analyst at Jefferies, described the writedown as “unhelpful”. “Anglo had not expected the challenges it has encountered in designing this project,” he said....
...utopian scenario, which — if sustained — would allow consumer demand to remain strong while costs pressures subside, thus preserving profit margins and extending the business cycle,” wrote economists at Jefferies...
...Jefferies analysts noted Danone’s vulnerability to down-trading in its yoghurt portfolio....
...“This was a change in tone”, said Jefferies analyst Andrew Uerkwitz, who noted Netflix rarely even acknowledged that it faced competition in the past. “It sounds like they’re in rebuilding mode.”...
...While BHP’s results were at “least as good as expected” and significantly better than the “whisper numbers” in the market, Christopher LaFemina, analyst at Jefferies, said there were “some areas of concern...
...Biogen, the biotech group, appointed Christopher Viehbacher as its new chief executive. He used to be the chief of French pharma giant Sanofi....
...Jefferies remains “more cautious” on full-year 2023, and forecast a 50 basis point contraction in the trading margin to 18.1 per cent....
...Analysts at Jefferies reduced their Ebitda forecast for 2023 by 18 per cent in wake of Boohoo’s results....
...On Saturday, Fed governor Christopher Waller expressed support for another 0.75 percentage point rise in July, commenting that the central bank was “all in on re-establishing price stability”....
...Jefferies analyst Christopher LaFemina said that once the mining sector gets past the current “bad point” of the cycle, “it should be followed by falling costs first and then rising prices next....
...SELL: Restaurant Group (RTN) The relative outperformance of the market is encouraging, but a third annual loss in a row will concern investors, writes Christopher Akers....
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