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....
...Others, such as Cleveland’s Loretta Mester and governor Christopher Waller, remain chiefly worried about the Fed yet again underestimating the extent of the inflation problem, especially as it relates to...
...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....
...utopian scenario, which — if sustained — would allow consumer demand to remain strong while costs pressures subside, thus preserving profit margins and extending the business cycle,” wrote economists at Jefferies...
...The Warner Bros cover letter, which Yockey has framed and mounted on his office wall, asked for something that married Dostoevsky’s Crime and Punishment with Phoebe Waller-Bridge’s Fleabag....
...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....
...On Saturday, Fed governor Christopher Waller expressed support for another 0.75 percentage point rise in July, commenting that the central bank was “all in on re-establishing price stability”....
...Chief executive Brian Cornell admitted that the group faced “unexpectedly high costs”....
...On Saturday, Fed governor Christopher Waller said he would support another 0.75 percentage point interest rate rise at the central bank’s next meeting in July if, as expected, data show that inflation has...
...“[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....
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