Hints and tips:
...Jefferies analyst David Hayes, who estimated the total liability at between $2.5 and $7.5bn, argued that Reckitt should seek settlement soon....
...“This is now the next step, which is a meaningful expansion of where we started a year and a half ago,” Jefferies president Brian Friedman told the Financial Times....
...Analysts at Jefferies said that “the extent of the adjustments to the guidance range will be painful to navigate in the near term”....
...“Overall, the theme is that the consumer has been resilient but we are starting to see a little bit of stretching,” said Corey Tarlowe, an analyst at Jefferies....
...“It’s primarily a bet on our ability to win market share,” said Brian Friedman, president of Jefferies....
...Dechert has hired Brian Miner as a partner in its corporate and securities practice group. He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
...“There have been reports of double-digit fare discounts advertised across airlines, which points to continued declines in airfares,” said Jefferies analyst Sheila Kahyaoglu....
...“These megadeals tend to come in sets,” said Pete Bowden, global head of energy banking at Jefferies....
...According to analysis by Jefferies, consumer goods companies increased prices an average of 11 per cent year-on-year for three consecutive quarters, until the three months to July, in which the average rises...
...“The Federal Reserve is going to raise rates this month,” said Brian Levitt, global market strategist at Invesco. “But it seems likely — more than likely — that’s the last rate hike.”...
...Savvy chief executive Brian Ward said: “As an autonomous operating company under the Savvy umbrella, Scopely will benefit from Savvy’s long-term patient financial backing to deliver on its strategy to grow...
...Coinbase chief executive Brian Armstrong said on Twitter that “after years of asking for reasonable crypto rules, we’re disappointed that the SEC is considering courts over constructive dialogue....
...At Jefferies, the boutique investment bank, chief executive Rich Handler and president Brian Friedman were blunt in a recent memo to staff: “This is going to be a more difficult compensation season at Jefferies...
...“The new numbers today are a slightly better than feared,” wrote Jefferies analyst James Grzinic in a note to clients....
...cost of investment in digital content for Prime members, plus investment in AWS, would cancel out the $1.5bn saved in fulfilment network cost improvements in the current quarter, chief financial officer Brian...
...Brian Bickell, who has led Shaftesbury for more than a decade, will retire on completion of the merger....
...Chief executive Brian Cornell admitted that the group faced “unexpectedly high costs”....
...“[Target’s] bullish operating margin view . . . was not expected to be challenged so soon, which may create some degree of market consternation,” said Stephanie Wissink, analyst at Jefferies....
...Martin Deboo, analyst at Jefferies, said Haleon had yet to demonstrate it could gain market share to push growth rates above pre-pandemic levels....
...In a memo to staff and clients earlier this month, Jefferies chief executive Rich Handler and president Brian Friedman said the investment bank would “remain on high alert for great talent”....
...Brian Olsavsky, Amazon’s chief financial officer, said on Friday that the company had overextended and its aggressive expansion would slow....
...“We began to establish the future of hybrid work in October so people know what to expect this time around,” said Brian Friedman, president of Jefferies, an investment bank....
...Jefferies Financial Group has hired veteran investment banker David Biller from Citigroup to boost its presence in Asia, according to Bloomberg....
...Brian Friedman said in a letter to staff....
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