Hints and tips:
...Future Forward, a pro-Biden super Pac has already booked more than $130mn in ads this year, according to AdImpact data. Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...CDPQ, which manages some public pension plans as well as insurance plans, operates independently from the Canadian government....
...Nonetheless, deep-pocketed DP World could, and should, choose to immediately transfer all P&O Ferries’ pension obligations to a new special purpose company, under its guarantee, responsible for paying deficit...
...The congressman also received the maximum legal donations of $5,000 each from the corporate PACs of companies including Comcast, John Deere and New York Life Insurance....
...Characteristically, Mr Johnson seems reluctant to apologise for the unnecessary deaths identified by the PAC....
...Of course, it would hurt companies operating in the UK....
...final special DPS (£1bn together dividend), together representing c50bps of CT1; StanChart announced a 20c final DPS, representing c20bps of CT1 ($0.6bn dividend); Barclays announced a 6p final DPS (£1bn...
...European market DPS. ......
...This brings down our 2020E TNAV by 3% (including a cut in the DPS) to 666c per share (537p), and we expect the adjusted RTNAV to be -1.5%. Our 2021/22E adjusted PBT declines by 15%/9% respectively....
...company in the country.”...
...• Funds flow to equities relative to bonds has never held up this well (given performance and low bullish sentiment) because: i) bonds risk no longer diversifying, and ii) pension/insurance companies’...
...As well as ensuring that US businesses pump more money into developing countries, the DFC is also much more explicitly tying its deals — including loans, loan guarantees and risk insurance — to the Trump...
...Focus #3: Guidance (Committing to 8p DPS for 2020) – On top of the TAR guidance noted above, net debt will rise as ITV has committed to a DPS of 8p for 2020 but also expects £210m cash exceptionals in 2020E...
...‘OilCo’ to ‘NewCo’ - Fiscal frame: i) Cash return (DPS/buyback upside) and shareholder value....
...Here’s Liberum, which remains on “hold”: AG Barr is a leading UK soft drinks company with the iconic IRN-BRU brand....
...“PartnerRe [is] up for sale as Exor cools on sector” reports Insurance Insider. ... InBev confirms CFO exit. .....
...DPS of 17.1p is flat yoy and in line with Barclays estimates....
...However, we believe it will be able to generate >5p/share EPS from 2020 and pay a 3p/share DPS, putting the stock on 6.5x PE and c.9.5% dividend yield....
...However, we leave our underlying FY20 earnings estimates unchanged but reduce the FY20 DPS by 17%....
...For most companies we tend to ignore those footnotes and use ‘book value of joint ventures’....
...US defence companies are getting ready for the spike in demand....
...And also, they've historically gone into things like life insurance policies, which again, it's a bit like a with profits kind of arrangement....
...MS’s criteria are based on companies worth more than $2bn, with more than 10 per cent of its revenues in the US, and a more than 20 per cent correlation with the S&P 500....
...The PAC report comes in the wake of the payment protection insurance scandal, the UK’s biggest consumer mis-selling affair, which has forced banks to set aside more than £30bn for compensation....
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