Hints and tips:
Related Special Reports
...Stocks have continued to rally this year even as traders have rapidly scaled back lofty expectations for US rate cuts....
...Shares in newly-listed beauty retailer Douglas slipped 1.9 per cent in early trading on the Frankfurt stock exchange on Thursday as investors gave Germany’s biggest initial public offering in more than a...
...The underwriters will need to allocate €907mn of stock....
...Their holdings of UK-listed stocks have subsequently plunged over decades....
...Few investors regarded a highly leveraged mid-cap European retailer such as Douglas as a must-own stock....
...For CVC Capital Partners the prospect of listing retailer Douglas on the Frankfurt stock exchange is light at the end of the tunnel, following almost a decade’s ownership of the premium beauty group whose...
...Dan Coatsworth, AJ Bell stock market analyst, pointed to “ambitious targets” that triggered another rally in November....
...Stock prices are up....
...H&M, the world’s second-largest clothing retailer, was the best performer on the Stoxx Europe 600, with shares up 15.2 per cent after the group reported rising operating profits in the first quarter, signalling...
...“Just as a very limited number of stocks were responsible for the majority of gains in the MSCI USA, drawdowns in the top 10 [stocks] could pull equity markets down with them,” the bank added....
...“Douglas has been a weak IPO — you don’t see it very often that a stock trades below the IPO price at the opening,” said Christian Reindl, a fund manager at Union Investment who bought shares in the IPO....
...Zillow and Douglas Elliman each fell more than 13 per cent on the day. Central banks in the US, UK, Japan, Australia and Mexico all announce interest rate decisions next week....
...That is a better reason than AI hype to invest in the stock. pan.yuk@ft.com...
...Some existing shareholders will sell stock and one backer, Blue Owl, is planning to increase its stake....
...On Wednesday, European stock exchanges recovered slightly, with US stock futures also regaining ground ahead of the start of trading....
...US stock markets were closed on Good Friday....
...The buyout group, better known for bets on Formula One and watchmaker Breitling, has announced plans to list Douglas on the Frankfurt stock exchange, seeking a €6bn valuation including debt*, according to...
...As Douglas-Pennant at UBS points out, plenty of fund managers are latching on to the phenomenon....
...Its strong free cash flow generation would help sustain enthusiasm for the stock: its net cash position of €11.5bn at the end of its third quarter — 15 per cent higher year on year — has prompted hopes of...
...Stocks and bonds were both higher on Thursday, with the S&P 500 up 1.2 per cent while yields on rate-sensitive two-year Treasuries hovered around three-week lows at 4.52 per cent....
...That rise extended a rally that began last October and has lifted the stock price by nearly 33 per cent, reaching €43.13 on Wednesday....
...I don’t think that’s the base case,” Powell said in comments that prompted traders to slash their bets on a cut this spring and sent stocks sharply lower....
...The European IPO window is inching open with some difficulty, if the slump of Germany’s Douglas on its stock market return is any indication....
...Trump has been quick to claim credit for stock markets’ recent strong performance, telling supporters that the market “goes crazy” every time he does well in polls....
...But after more than half a year of steady falls for stocks traded in Shanghai and Shenzhen, any such rally is unlikely to last for more than a few days....
International Edition