Hints and tips:
...Here, for the sake of variety, is Jefferies’ version of the watch-flipper price tracker....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...If this number were below $5bn Lyft would have a 6 per cent margin, ceteris paribus, though ceteris paribus really isn’t how P&L statements work....
...Jefferies portrays the group as “caught between a bulk and a buyback”....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...Asahi, Kirin’s Japanese rival, owns Foster’s brewer Carlton & United Breweries....
...Like bigger peers such as L&G, Just has a record pipeline of such deals in what is expected to be a record year for the market....
...This could pave the way for spin-offs, according to Jefferies analyst Martin Deboo....
...The over-55s spend more time buying a car than managing their pension money, according to L&G. Older investors often have the benefit of experience....
...Mike Prew at Jefferies said: “The price of steel is going to be the thing that hurts you, and the recent depreciation of sterling is going to exacerbate that....
...“It’s the consumer who always pays,” said Martin Deboo, analyst at Jefferies....
...According to analysts at Jefferies, L&G managed £387bn of LDI funds at the end of June, equivalent to 30 per cent of the group’s total assets under management....
...Dodging the winter drizzle, we perch on a couple of stools at the narrow bar of L’Elementare in Trastevere (Gallagher Deeks also recommends Luppolo Station further down towards Monteverde), where his Barry...
...Over a spicy ventricina and ‘nduja pizza at L’Elementare, a pizzeria and tap room, we exchanged small talk and I, slurring my words — having just finished a bottle of Super at nearby pub Baccanale Trastevere...
...Brewers have been increasing beer prices as the cost of aluminium cans, bottles and barley have risen rapidly....
...Jefferies illustrates: Simple, right? Well, yes and no. The first challenge is getting a handle on the scale of the problem....
...Behind Alfred were the brotherhood — la Confrèrie de l’Ordre de la Dinde de Licques — with men in cavalier-like costumes and women in blue and white robes....
...Jefferies analysts said the update was “particularly reassuring”, highlighting a Solvency II ratio — a measure of the company’s regulatory capital against the minimum required under the rules — estimated...
...The 2012 London Whale trading scandal cost $6bn and the bank is being sued over its work for convicted sex offender Jeffery Epstein....
...Jefferies banker Jeffrey Altman has joined JLL’s M&A team as a senior managing director, based in New York....
...The world’s largest foodmaker Nestlé and cosmetics group L’Oréal were less at risk, said the Berenberg analysts....
...Belgian brewer Anheuser-Busch InBev is in talks to sell its stake in its Russian and Ukrainian joint venture to its Turkish partner, in a deal that could cause a $1.1bn hit to the world’s largest brewer....
...“The indie brands are constantly taking risks and starting trends,” said Stephanie Wissink, an analyst at Jefferies....
...Martin Deboo, analyst at Jefferies, said the transaction “reduces Nestlé’s exposure to L’Oréal, which at [about 16 per cent] of its market cap pre-transaction was becoming troublingly high....
...Martin Deboo, analyst at Jefferies, called for “sharper and more radical portfolio choices”....
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