Hints and tips:
...There could be more to come for investors in E&Ps too. alan.livsey@ft.com...
...Thus only a fraction of overall AUM is deployed in strategies that have a direct impact on the VIX® index (e.g. 1-month over/underwriting strategies on the S&P 500 index)....
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...The P/E relative of the stock on UBS 2026E EPS (against the market) goes to a record high of 152% on the UBS forecast of earnings. 2....
...We est. the value of the Services LOB (est. 1/4 of core revenues) at about 4/5 of Citi’s market cap ($75B vs $99B as of Dec. 29, 2023) assuming a P/E of 12-13x on 2024E earnings of $6B....
...What is the trailing P/E ratio of the top-10 stocks in the S&P 500 today? They are more overvalued than the top-10 were in the tech bubble....
...Here is how we respond to points (a) through (e): Excess savings will soon be exhausted....
...Talos Energy appointed John Spath as the company’s executive vice-president and head of operations on Friday after the offshore E&P terminated its contract with Robert Abendschein....
...A: Wall-E 4....
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...Remember that a company’s earnings yield is just the inverse of its P/E ratio, and the megacaps aren’t particularly cheap on a P/E basis....
...The Power of Money: How Governments and Banks Create Money and Help Us All Prosper by Paul Sheard (Matt Holt Books) Sheard, former vice-chair of S&P Global, explains that much of what is conventionally...
...So we will punt there, and weigh the possibility of P/E ratio contraction at 50/50....
...As the biggest e-retail platform in China, the company has much to gain from a successful reopening, and the stock is at less than half its 2020 high....
...S&P Global’s PMI survey showed business activity in the UK at a two-year low of 47.8, where 50 marks the line between contraction and expansion....
...In 2006, the maison bought Villa Empain in Brussels, restoring the house and turning it into a Centre of Art and Dialogue between eastern and western cultures. boghossianjewels.com C is for Brunello CucinelliThe...
...E-P-C you in Prague The European Political Community hasn’t even been inaugurated but has already made a decision: its second meeting will be held in Moldova, writes Henry Foy in Brussels....
...“We are like an e-distributor and e-retailer rolled into one,” he explains....
...As of yesterday, value stocks have a forward P/E of 13.4, against growth stocks at 22.4. The ratio is 0.57....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...Two other shows have been curated for the reopening: “E/MOTION....
...Kaczorowska uses Japanese brand P.Shine’s dinky kit, which, despite its artificial-looking 1950s-esque pastel pots, actually holds an all-natural formula....
...hotel (Wall Street Journal) S&P’s $44bn IHS deal set to win EU antitrust approval (Reuters)...
...Alan Livsey Lex Research Editor...
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