Hints and tips:
...annual net profits to social responsibility efforts, particularly in the Marche region, where it funds an anti-violence centre, a social farming project and community courses and activities. tods.com U...
...V Vaccination Pretty much the only thing that stood between Novak Djokovic and this year’s Australian Open title. Oops....
...As Ms Tenreyro pointed out, a V is not always a V. A V in annual data can look like a U in monthly data, she said....
...After surging prices in April — the biggest rise on the S&P 500 since 1987 — we are already well along the uphill slope of the V....
...Wall Street notched its best weekly performance since July with the S&P 500 up 0.9 per cent on the day and 3.8 per cent higher for the week....
...By contrast, the benchmark S&P 500 equity index is still 3 per cent lower than at the start of January....
...The ratio of stock prices to expected annual earnings has reached 22 times for the S&P 500, according to S&P Capital IQ data — well ahead of the 20-year average of 16 times....
...Cash has also flooded back into a V-shaped market recovery at a pace that is anything but glacial, or U-shaped in geographical terms....
...A sell-off in equities saw the S&P 500 benchmark tumble 34 per cent in late February and March, retreating from all-time highs....
...The V traced by US indices heavily driven by tech and pharma stocks is appropriately narrow. The S&P 500 is down only 7.6 per cent since the pandemic hit the US and Europe....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Hoare, North Yorkshire; Christina McKittrick, Kingston Polymath 1,011: Dr S Bailey, Swindon Crossword 16,099: Suzanne P Wilson, Windermere; D Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010...
...The importance of credit is underlined by Société Générale’s analysts, who peg a floor of 1,800 points and a cap of 2,600 for the S&P 500 index....
...The S&P 500 sits in that zone and is nearly higher on a 12-month basis (add in dividends and the index is up)....
...We’ve written before about the corporate world’s growing propensity to add “tech” to the end of things in a bid to make themselves sound cool and modern and d i s r u p t i v e....
...For all the chatter and hope of a V-shaped rebound, the prospect of a U-type recovery has the edge among forecasters as social distancing measures will linger and detract from service sector activities such...
...And in the US, the expected EPS 2020 declined by 11% for the S&P 500 and by 6% for the Nasdaq 100....
...We remain firmly in the V camp mainly because like a Unicorn, U shaped recoveries coming out of a recession don’t exist, particularly when the recession is so steep like the one we are experiencing today...
...S&P 500 futures triggered the limit-down circuit breakers at about 5am GMT, the index having bounced 6 per cent in the regular session....
...The U.K.-based firm informally contacted Gilead last month to gauge its interest in a possible tie-up, the people said, asking not to be identified because the details are private....
...With both the S&P 500 and STOXX 600 hovering near all-time highs, it is easy to think that investors are disregarding the economic impact of the Coronavirus outbreak....
...Since we last met the FTSE 100 is up 3.6 per cent, the Stoxx 600 is better by 3.8 per cent and the S&P 500 is 1.7 per cent to the good. Why?...
...Looking ahead, we expect S&P 500 dividends will grow by 3% in 2021 and rise by 12% in 2022....
...GILD shares were up 8% in pre-market trading (now +3% vs S&P 500 2%), and as we have noted, remdesivir doesn’t really add much to our DCF....
...If we assume that ISM ends the year at 50 and spreads fall marginally, then S&P 500 fair value is 2,700....
International Edition