Hints and tips:
...We note that, even when things stabilise, we would still expect more in-home consumption, which should benefit grocers....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...However, the bringing together of fixed and mobile assets is likely to be a less contentious combination (e.g., BT needed to offer no remedies in order to acquire EE)....
...Restoration Hardware, the $2.8bn home furnishing company who recently completed a $1bn buyback, was another idea, but its share price has not risen 10 times in the past five years....
...The goal has been to curb the riskiest forms of non-bank lending without shutting down a market completely that, despite its excesses, was necessary to meet the government’s growth targets....
...J Sainsbury is relying on a piece of financial engineering not immediately associated with a grocer to fund its takeover of Argos, owner Home Retail Group....
...M&G, the UK investment manager, is behind New Generation. Kennedy Wilson, a US investment fund, has become one of Ireland’s biggest property developers....
...One of those benefits is the ability to export interest rate limits from WebBank’s home state to all 50 states....
...US: Dell, Home Depot, JC Penney. “The Justice Department is investigating whether J.P....
...Abbey reported higher margins on new lending and improved customer retention....
...Last Christmas, Mr Hands sent contacts a copy of J.K. Galbraith’s The Great Crash....
...In August, the sale of Home Depot’s wholesale supply business to a private equity consortium was renegotiated at a lower price. However, some large deals are being completed....
...The irony in the Sally Mae deal is that the investing banks, JPMorgan and Bank of America, have their own student lending businesses....
...David G Wallace, Scotland Richard Bookstaber: I think the point you are getting at in this question is counterparty risk....
...Another risk is successive tightenings of lending multiples by home loan providers....
...Also, the slowdown in the mortgage markets combined with more home builder troubles and flattening-to-declining regional home prices (California, Florida, rust-belt Midwest, and parts of the Northeast) have...
...Paul J Davies, London GR: On whether the high yield market is fundamentally overvalued, we say yes....
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