Hints and tips:
...It took too long to recover from storms during the quarter, said Glen Hauenstein, Delta’s president, so the airline took “just a bit of a step back” on second quarter capacity....
...Jefferies has poached two senior bankers to co-head its restructuring practice in Europe, the Middle East and Africa, according to a person briefed on the matter....
...It has been championed by two cabinet members — chancellor Rishi Sunak and City minister John Glen — who resigned this week, paving the way for prime minister Boris Johnson’s announcement that he was stepping...
...“They don’t need to crack the code overnight,” says Brent Thill, a Jefferies analyst. “But if they can figure this out, it’s like . . . ‘look out’.”...
...We are bullish the cycle, but we reiterate our Hold rating on GLEN shares. ITV’s up a tad....
...Aggreko etc, upgraded in a sector note from Jefferies. We favour stocks where a recession is almost priced in and are wary of over-leverage....
...Sell: Glencore (GLEN) Normally, the resolution of legal threats is a positive. But Glencore’s royalty workaround may simply stir a far bigger monster. Glencore’s lawyers have been working overtime....
...(FT) The king of (not-so) affordable housing A great piece of enterprise reporting on the deep ties between NYC deputy mayor Alicia Glen (a former Goldman Sachs managing director) and real estate developer...
...But slightly blurred winter vision is a price worth paying, says lead researcher Glen Jeffery of University College London, if it enables reindeer to spot wolves creeping up through the Arctic gloom, which...
...Its shares were boosted 1.9 per cent on Friday after Jefferies raised its price target to $900. The report forecast that the iPhone 5 and possibly the iPad Mini would hit the market in mid-September....
...Here’s Liberum Securities: With XTA’s board having seemingly compromised on pay, a token compromise by GLEN on the ratio now looks required to salvage the deal; at 3.0 we estimate GLEN’s dilution at 5.8%...
...Jefferies finances part of its inventory by pledging securities in return for cash via repurchase agreements with other banks....
...Glen Yeung, Citigroup’s technology analyst, also said smartphone demand could offset falling industrial demand ahead of an industry conference....
...“Business grew nicely last year,” says Glen Dailey, the prime brokerage head at Jefferies, the only mid-size full service firm. The surge is likely to continue in 2010....
International Edition