Hints and tips:
...Chris LaFemina, mining analyst at Jefferies, is also a supporter. “It has saved Teck from being acquired at very weak points in commodity cycles.”...
...“Global coal markets have become extraordinarily tight because of multiple supply issues and strong demand,” said Christopher LaFemina, an analyst at Jefferies....
...Also joining the board are Juliet Thompson, a former healthcare investment banker, former GlaxoSmithKline manager Jo Le Couiliard and Mark Stejbach, who used to be a director at rival drugmaker Alkermes....
...Sandy Morris of Jefferies estimates cash receipts from Rolls’ “pay as you fly” customers will drop only slightly more — £1.4bn this year to £2.5bn....
...Mark Wilson, an equity analyst at Jefferies, said in a January note that Petrofac occupied a “stay away” category for many investors....
...“We can’t help but agree with management assessment that these are another excellent set of results,” analysts at Jefferies said. “The company is rightly confident in its outlook”....
...Additional reporting by Barney Thompson in London...
...Ahead of results, analysts at Jefferies had reduced their forecast for assets under management, pencilling in $74.5bn instead of $79.1bn and predicting that funds had performed less well during the quarter...
...Analysts at Jefferies said the offer was not unexpected given that before its surge on Monday, JLIF’s share price had not recovered fully from a sharp drop triggered last September when John McDonnell, the...
...Phil Dobbin, analyst at Jefferies, said: “The company notes that flows may be lumpy in future given the institutional nature of the client base, but this was a strong quarter for flows.”...
...Canaccord added that Tesla’s appointment of Kathleen Wilson-Thompson and Larry Ellison to the board had allayed concerns around corporate governance....
...” at Goodbody; Galp downgraded to “sell” at Deutsche Bank; Gateley rated “buy” at Stifel; Ingenico upgraded to “neutral” at Goldman; James Cropper raised to “buy” at Stockdale Securities; Jardine Lloyd Thompson...
...● In brief: Euronext upgraded to “overweight” at JPMorgan; Jardine Lloyd Thompson cut to “hold” at Canaccord; JD Wetherspoon cut to “hold” at Peel Hunt; Ontex cut to “underweight” at JPMorgan; OPG Power...
...Mike Thompson, chief executive of the Association of the British Pharmaceutical Industry, said Sanofi’s crisis planning was “typical” of the preparations in the industry....
...Customers of Centrica’s British Gas would see bills fall by £70 a year on average, said Jefferies....
...” ● In brief: Jardine Lloyd Thompson cut to “add” at Investec — JPMorgan raises OMV to “overweight” from “underweight” — Jefferies upgrades BNP Paribas to “buy” — Novozymes cut to “underweight” at JPMorgan...
...Mr Niehaus, 49, was suspended from Jefferies and subsequently resigned before the completion of a disciplinary process at the company. Jefferies declined to comment....
...” ● In brief: TalkTalk cut to “hold” at HSBC — Weir, Oxford Instruments and Rotork raised to “hold” at Jefferies — Investec upgrades Jardine Lloyd Thompson to “buy” — Numis raises Morgan Sindall to “buy...
...“The CMA is showing flexibility in extending timetables to explore this,” Jefferies analysts said in a research note. UBS analysts believe regulatory obstacles can be overcome....
...Analysts at Jefferies said: Inventory adjustments are the most severe now, so current numbers are a poor indicator of the future....
...Phil Dobbin, analyst at Jefferies, said the share price of both companies had risen “because of the potential cost synergies”. Not all analysts welcomed the move....
...Anthony Codling, analyst at Jefferies, said he believed the Help to Buy scheme, which provides government-backed loans to homebuyers, would support housebuilders in the post-referendum period....
...Anthony Codling, analyst at the investment bank Jefferies, said: “Trading in the first half has been strong, but unfortunately first half trading irrespective of strength, will be viewed by the market as...
...Analysts at Jefferies said the price to be paid for Opus Energy “does not stand out as considerably cheap” and questioned Drax’s expansion in the energy retail market for small and medium enterprises....
...However, before we pass judgement we would like to know how many homes it has helped sell,” said Anthony Codling, analyst at Jefferies, the investment bank....
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