Hints and tips:
...Earlier this month investment bank Jefferies held its annual Asia forum in Hong Kong....
...Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha for more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies and UBS, according...
...Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha that could value it at more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies...
...Jefferies said CRH was likely to be eligible to join the S&P Total Market index in June, “which could drive the purchase of 35mn shares”....
...The problem, according to Jefferies’ chief economist and strategist for Europe, Mohit Kumar, is that the Magnificent Seven offers both growth AND quality....
...“I don’t think anyone has raised any equity since late 2022,” said Matthew Hose, equity analyst at Jefferies. “They’ve had to adapt to this new environment....
...Capex and R&D will come in at less than 7 per cent of sales, says Philippe Houchois at Jefferies. VW spends about twice that. A lot could still go wrong....
...Drug developers raised $6.2bn in equity capital markets in January, according to data from Jefferies....
...S&P 500 hit an all-time high on Friday but, as my colleagues Nicholas Megaw and Kate Duguid have pointed out, stocks limped to the summit....
...A Federal Reserve auction of 10-year Treasuries earlier today received “soft” investor interest, according to Ben Jeffery, a rates strategist at BMO Capital Markets....
...The S&P 500 closed at an all-time high on Friday after a blistering rally in tech stocks....
...“There have been numerous data points over the past two months that support [a] more favourable outlook for 2024” for IPOs, said Jesse Mark, global head of equity capital markets at investment bank Jefferies...
...Tom Simons, US economist at Jefferies, described the figures as “stunning numbers” that left him “near speechless”....
...When the S&P 500 index dropped from 4,800 to 3,600 in 2022, did the put get exercised? No!...
...The S&P 500 and the Nasdaq Composite each gained 0.4 per cent to close at their highest levels in about 20 months....
...About $2.3tn of corporate debt is set to mature each year between 2024 and 2026, according to data from S&P Global Ratings....
...“We think the [ECB] are capable of looking through the impact of energy prices this month,” said Jeffery....
...The performance of funds attributed to human capital factors have traded in line with the S&P 500 index, Jefferies found....
...Analysts estimate Chevron will bring in net income of about $25bn for 2023, according to S&P Global Market Intelligence....
...E&P businesses that are already public have also stepped up share sales, with six deals in September alone raising $1.5bn....
...Meta expects fourth-quarter 2023 revenues of between $36.5bn and $40bn, against analysts’ consensus of a rise to $38.9bn, according to S&P Capital IQ....
...My sense is that we might have hit the trough for VC valuations — while, according to analysts at Jefferies, private equity values might actually be picking up....
...Plus the manufacturing fault, described by P&W as a one-off, may cause long-term damage to order books. RTX has offered few estimates on these scenarios....
...Not with the p-word, obviously....
...It’s no coincidence that the S&P 500 is also having a stellar run....
International Edition