Hints and tips:
...Ytd, parcel revenues have increased by 33% yoy on 34% volume growth while letter revenues have fallen -21.5% yoy on -28% volume decline....
...(It has 505 constituents, don’t ask why, it’s not important right now.)...
...The automation of financial advice, alongside a regulatory crackdown on fund and admin fees, means the incumbents will need to be nimble to stay ahead, however....
...This is the lowest level in Europe, with only South Korea having a lower rate among the 34 mostly wealthy nations in the OECD....
...Kieran Quinn, chairman of the UK’s Local Authority Pension Fund Forum, which last month wrote to every FTSE 100 company asking for details of their tax planning practices, added that “some of the [examples...
...(Global Market Overview) The outlook for the global economy has darkened, the International Monetary Fund warned on Tuesday, as it estimated there is now a four in 10 chance the eurozone will slide into...
...Possible investors include hedge funds, mutual fund BlackRock and private-equity firms General Atlantic and Technology Crossover Ventures, the people said.” (WSJ) (FT Alphaville — This is nuts....
...(WSJ) Goldman Sachs’ lead technology banker has moved to a hedge fund, leaving the team that landed the Twitter IPO....
...(Financial Times) Indonesian state fund steps up stock buying after plunge: “Indonesia’s biggest pension fund is stepping up purchases of Indonesian stocks, President Director Elvyn Masassya said after...
...The 63 funds that reported to the SEC collected interest totaling $2.34 billion in the decade from 2003 to 2012....
...(Financial Times) - Property is crushing hedge funds in the alternative investments category. (Bloomberg) - Abnormal trading ahead of UK deals has fallen to the lowest level in more than a decade....
...(Reuters) Argentina has angrily criticised a US court decision that has awarded hedge fund creditors more than $1.3bn as “a kind of legal colonialism”....
...Officials and lawyers spent the weekend drafting the government’s filing to the Second Circuit appeals court in response to after last week’s order by Judge Thomas Griesa of New York that it must pay US funds...
...down -205.43 (-1.52%) at 13,344 Nasdaq down -67.25 (-2.19%) at 3,006 European markets Eurofirst 300 down -8.71 (-0.78%) at 1,112 FTSE100 down -20.90 (-0.35%) at 5,896 CAC 40 down -30.62 (-0.87%) at 3,505...
...The Xetra Dax rallied 1.2 per cent to 6,496.08. Meanwhile, in Spain, Red Eléctrica , the state electricity grid, was the best performing stock....
...The Dow Jones Industrial Average was up just 0.3 per cent for the week at 11,315.53, but the Nasdaq Composite index rose 1 per cent to 2,505.22....
...Arab spring gets only fraction of funds Tunisia and Egypt have received only a fraction of funds promised by the international community to support their transition to democracy, according to the two countries...
...Equities are sliding and commodities prices are lower while action in currencies and bonds typifies reticence, with perceived havens such as US Treasuries and the dollar receiving funds....
...up +0.77% at 1,100 Americas DJIA up +0.01% at 11,953 S&P 500 up +0.07% at 1,272 Bovespa down -1.08% at 62,023 Asia Nikkei 225 up +1.05% at 9,548 Topix up +1.31% at 822.86 Hang Seng down -0.05% at 22,496...
...The US is now at net 34% O/W (from 27% O/W in Dec), the highest reading since Nov’08 which was the highest reading on record....
...Emerging Markets MSCI Emerging Market Index down -1.62% at 1,147 Europe FTSE up -1.34% at 5,896 RTF down -3.21% at 1,847 Wig Index down -1.34% at 48,505 FTSE 300 Eurotop down -1.25% at 1,139 Americas DJIA...
...at 100.44 100 Oz Gold (Comex) unchanged 0.00 at 1,496...
...In nearly five years it has soared from 34 companies with a market capitalisation totaling just $86m to 268 companies with a market capitalisation of more than $27bn today....
...Tauron shares closed down at 0.505 zlotys, having opened at 0.513 zlotys. After the sale, the Treasury remains the largest shareholder, with a 34 per cent stake in the utility....
...Wells has received $25bn in federal bailout funds to date. Related links: Morgan Stanley to post loss – WSJ...
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