Hints and tips:
...Ferguson, the plumbing and heating supplier whose flack sends us a testy email every time we call it a builders’ merchant, gets an upgrade from HSBC and a downgrade from JP Morgan Cazenove....
...Statutory PBT was $1,089m (consensus: $2,460m), with the main difference to the adjusted number being a $1.2bn write down of software intangibles....
...Elsewhere: Lloyds “warns profitability to fall as mortgage competition intensifies” and the shares are up 3 percent. Calling banks the right direction in your pre-open intro is an absolute nightmare....
...We think Airbus would be best-positioned to benefit from a V-shaped recovery in 2021....
...However, it also noted a shift in buyer sentiment, with about half of builders saying buyer confidence was a big constraint on sales....
...UK software company....
...banks face investigations by the US Department of Justice into their sales of mortgage-backed securities, writes Daniel Schäfer ....
...He then allegedly deposited the cheques into an Italian bank account to pay off a mortgage....
...Customers want to have access to the same information as their bank or broker. Jon Deutsch of Information Builders, the US software company says: “I want access to the same information as my bank....
...He holds a first class MA in mathematics from Cambridge University....
...Local art galleries stay open late once a month for the First Friday Gallery Walk....
...Anglo also lent money to a select group of 10, mainly builders, clients to buy stock in the bank and prop up its share price. This is a bank into which the government has already had to inject €14bn....
...She was also the first woman to make it to the top of a Saudi bank. But even before that she was breaking barriers....
...In an Ohio case, 49 per cent of the mortgages processed by a single broker never made even a first payment....
...Toll Brothers, the up-market builder, said last week that cancellations had eased from from 36.9 per cent in the fourth quarter to 29.8 per cent in the first quarter, a promising sign – although still well...
...As a result, Goldman upgraded mortgage banks to “overweight” and retailers to “neutral”. Goldman said a weakening in sterling should support the pharmaceuticals and the aerospace sectors....
...Among the smaller companies, Game Group edged 0.3 per cent lower to 72.75p after Deutsche Bank downgraded its recommendation to “hold” on concerns that the UK’s highly competitive software pricing environment...
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