Hints and tips:
...Additional reporting by James Fontanella-Khan and Ortenca Aliaj...
...“The US is its own special case with very loose fiscal policy and now tight monetary policy, which is a recipe for a stronger dollar,” said Quentin Fitzsimmons, a senior portfolio manager at T Rowe Price...
...“The ECB is concerned about persistence in domestically generated inflation,” said Tomasz Wieladek, an economist at investor T Rowe Price, adding that services inflation was “clearly too strong”....
...James Smith, economist at ING, said he expected services inflation and wage growth to “gradually head lower into the summer”....
...It recently appointed former Morgan Stanley chief James Gorman, who was praised for how he handled his own succession, to the board. But the issue continues to hang over the company....
...“Investment trusts used to be a uniquely British success story and a vibrant part of the market,” said James de Bunsen, a portfolio manager at Janus Henderson Investors’ multi-asset team....
...James Smith, economist at the bank ING, said the Thursday data would “bolster the case for another ‘on hold’ decision in November”....
...Blerina Uruçi, chief US economist at T Rowe Price, said she was worried about higher energy prices leading to higher costs elsewhere....
...Blerina Uruci, chief US economist at T Rowe Price, said the latest “strong” jobs report will put pressure on the Fed to “recommit” to its previous projections that the fed funds rate will need to surpass...
...T Rowe Price and Raymond James, investment managers that have thus far escaped political criticism, also warned about “conflicting” and “divergent” opinions of ESG in their annual reports....
...“There’s a tremendous amount of money on the sidelines,” Rob Sharps, chief executive of the $1.4tn manager T Rowe Price, said in an interview....
...Top investors such as T Rowe Price and Independent Franchise Partners have already spoken out against a straight merger, while activist investors such as Irenic Capital have piled in with demands....
...Marks and Spencer will on Wednesday present its first results under new management after the retirement of former chief executive and company lifer Steve Rowe over the summer....
...In 1960 she arrived in England, one of a group of Australian migrants which included Germaine Greer, Robert Hughes, Barry Humphries and Clive James....
...“They are very disciplined,” said Tony Wang, who covers Broadcom for T Rowe Price, one of its largest outside shareholders, adding that the deal did not “surprise” him given that tech stocks were more attractively...
...“Tan is very contrarian,” said Tony Wang, who covers Broadcom as an analyst for T Rowe Price, one of its largest outside shareholders....
...data Results: Alstom Q3 sales update, ASML FY, AT&T Q4, Boeing Q4, CMC Markets Q3 trading update, easyJet Q1 trading update, Givaudan FY, IBM Q4, Kimberly-Clark Q4, Levi Strauss Q4, Lonza FY, Raymond James...
...Last year, Morgan Stanley completed its acquisition of Eaton Vance for $7bn after beating JPMorgan Chase in a competitive bidding war, while T Rowe Price bought credit manager Oak Hill Advisors for up to...
...James Smith, Resolution Foundation: Data and politics suggest the answer is no....
...Analyst James Grzinic at Jefferies said the forecast “should result in a healthy 25 per cent upgrade to full-year consensus” and that while there was some uncertainty over household spending, the company...
...Loretta Mester, president of the Cleveland Fed, joined more hawkish members such as James Bullard of St Louis and Christopher Waller, a Fed governor, in advocating for “front-loaded” interest rate increases...
...“It is very telling to me that there is a lot of debate going on across the committee and there is no consensus about the appropriate pace of tightening,” said Blerina Uruci, US economist at T Rowe Price...
...Colleague James Hanbury, meanwhile, gained 9.6 per cent in his LF Brook Absolute Return fund. Odey declined to comment....
...Jefferies analyst James Grzinic said the group’s performance during the most recent lockdown was notably better than in earlier ones and that the upbeat guidance for the current year should result in profit...
International Edition