Hints and tips:
...David Trone, the boss of Total Wine, one of the nation’s biggest retailers of the bottled stuff and surprisingly liberal for a businessman, threw his considerable personal financial resources into the ring...
...“Evercore shares have performed extremely well since the end of the third quarter of 2012, rising 31.8 per cent versus 26.0 per cent for the securities broker-dealer index,” David Trone, an analyst at JMP...
...“Putting the legacy mortgage portfolio squarely in the rear view mirror will likely be the top priority for the incoming leadership,” said David Trone at JMP Securities....
...David Trone, analyst at JMP Securities, said investors had bid up stocks in “bulge bracket” banks on rising expectations that Mr Romney would prevail....
...“This settlement is far larger than we expected given the weak merits of such suits and historical precedence,” said David Trone, an analyst at JMP Securities....
...David Trone, an analyst at JMP Securities, added that the company’s operating results fell short of his forecasts due to weaker-than-expected results from its equities trading business, where sales rose...
...Trone, analyst at JMP Securities, wrote in a note to investors....
...“Softer [second quarter] trading results were mitigated by better investment banking and lower expenses,” David Trone, analyst at JMP Securities, wrote in a note to clients....
...“It was not surprising that trading was strong versus the fourth quarter of 2011,” said David Trone, JMP Securities banking analyst, referring to the end of last year when markets were hit by the eurozone...
...“We view the universal bank model as incredibly complicated and unwieldy,” wrote David Trone and Chris Ross, analysts at JMP Securities....
...David Trone, senior analyst at JMP Securities says banks need to get their ROEs up to the mid-, to high-teens from their current 9 per cent in order to return to more normal levels of profitability....
...“Under the circumstances, these results are great,” said David Trone, brokerage analyst at JMP Securities, “Given the rumours about the company, we were expecting a much greater loss of business.”...
...But, as a Bloomberg article out today quotes one David Trone, an analyst at Fox-Pitt Kelton: “It’s not very good public relations…” Related links: Goldman Sachs, income taxes and transfer pricing – Econospeak...
...David Trone, analyst at Fox Pitt Kelton, estimates that Merrill will take further writedowns on these CDOs of about $7.2bn in the fourth quarter....
...Citi’s shares were down another 2 per cent, and Morgan Stanley shares fell almost 2 per cent as David Trone, analyst at Fox-Pitt Kelton, said it could face another $6bn of mortgage-related writedowns....
...Morgan Stanley shares dropped another 2 per cent on Tuesday, for a fall of 20 per cent over the past week, as David Trone, analyst at Fox-Pitt Kelton, said it could face another $6bn of mortgage-related...
...“Although Merrill and O’Neal made a mistake in the structured product strategy, most of the company is performing very well, also due to its leadership,” said David Trone, analyst at Fox-Pitt, Kelton....
...David Trone, analyst at Fox-Pitt Kelton, said the “horrendous” writedowns raised “serious credibility issues”....
...David Trone, analyst at Fox-Pitt Kelton, on Thursday slashed his Morgan Stanley forecast for the three months to August by 29 per cent, but reduced 2008 by only10 per cent saying the credit crunch was just...
...David Trone, analyst at Fox-Pitt Kelton, pointed to favourable comparisons with last year and said investment banks should see an 11 per cent rise in revenue and 12 per cent jump in profits over the second...
...Fox-Pitt Kelton analyst David Trone said that ETrade could be the most likely target for Schwab. Mr Trone said ETrade had struggled to attract long-term investors, which was Schwab’s strength....
...David Trone, analyst at Fox-Pitt, Kelton, said the industry had seen free trade offers in the past, most of which had come and gone with little effect, although Bank of America’s move was more significant...
...Although the terms of the acquisition were not disclosed, David Trone, an analyst at Fox Pitt-Kelton, said he believed Merrill paid between $500m and $600m....
...David Trone, analyst at Fox-Pitt Kelton, said Morgan Stanley had outperformed its rivals and that the run of figures over the past three quarters should begin to “convert those sceptics”....
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