Hints and tips:
...Ben Jeffery, US rates strategist at BMO Capital Markets, said Powell’s comments were an “attempt to walk a tightrope between committing to combating inflation but not over-tightening”....
...On both sides of the Atlantic, hallowed retail names such as Brooks Brothers, Neiman Marcus and Debenhams have also fallen into bankruptcy....
...JPMorgan Chase led the listing with Credit Suisse and Jefferies....
...downgraded to “sell” at Goldman Sachs; Petra Diamonds downgraded to “neutral” at JPMorgan; Quilter rated “sell” at Investec; Restaurant Group rated “outperform” at RBC; SKF downgraded to “underperform” at Jefferies...
...● In brief: 3i Infrastructure cut to “hold” at Jefferies; Beiersdorf downgraded to “sell” at UBS; Brooks Macdonald upgraded to “buy” at Shore Capital; Burberry raised to “neutral” at Merrill Lynch; Countryside...
...Peter Brooks-Johnson, Rightmove chief executive, said: “The continued stable membership numbers and our subscription advertising model, together with the strength of the Rightmove offer for both customers...
...Anthony Codling, analyst at Jefferies, said Rightmove was “the market leader who rarely puts a foot wrong”....
...“It’s obvious that he wants to see himself more closely aligned to the German dynamism but I think you have to be realistic,” said Marchel Alexandrovich, senior European economist at Jefferies....
...Kathleen Brooks, at City Index, sees Brexit in a different context....
...Ashtead fell 2.7 per cent to £15.80 with Jefferies maintaining “buy” advice and a price target of £20....
...Investors wanted to see these exploration and production companies grow,” says Andrew Brooks, vice-president at rating agency Moody’s. “There is a lot of leverage in the system as a result....
...● Tim Howson has joined the specialist corporate capital team at Investec from Jefferies, where he was senior vice-president in the leveraged finance team....
...If you trace the tradition back via Ronald Blythe, Kenneth Allsop, JHB Peel, TH White and others, you’ll find John Stewart Collis, Edward Thomas’s prose, Richard Jefferies and, of course, Gilbert White and...
...(Financial Times) Jefferies has received a licence to trade futures in Singapore as the US broker expands in Asia after buying Prudential Bache’s business in the region last year....
...Jefferies also cut its price target on the stock from 345p to 320p. The shares lost 2.6 per cent to 287.7p....
...Note the chart which shows the euro/dollar cross rate in orange, the Thomson Reuters/Jefferies commodity index in yellow and the euro Eonia-based 1-year swap rate in white: As Brooks observes (our emphasis...
...“We expected a bit of a pull-back after the recent sharp moves lower in oil and silver in particular,” said Kathleen Brooks, of Forex.com....
...Jefferies, Morgan Stanley and Bank of America Merrill Lynch were hired last year to arrange the IPO, which could value the company at between €400m and €500m....
...The yen’s volatility was the week’s important influence for equity markets , said Kathleen Brooks of Forex.com....
...“Overall, the markets remain in limbo,” said Kathleen Brooks, of Forex.com....
...“We are all dusting down our IPO list,” said Ian Williams, managing director at Jefferies, the investment bank....
International Edition