Hints and tips:
...Christopher LaFemina, an analyst at Jefferies, said in a note that “we would be surprised if this is BHP’s final offer as the price is clearly too low to succeed”, estimating that at least £28 per share...
...By Tuesday Jefferies had commitments of about $1bn, with the deal to be priced based on the prevailing market price on the day it closes....
...Chief operating officer Helen James will leave. “It’s a nice, proper transition and carefully done,” said Parker, adding that it was the “right time” for a change....
...Seventy per cent of healthcare companies expect M&A activity in healthcare to increase in 2024 after two relatively quiet years, according to a recent global survey from Jefferies....
...James Wheatcroft, an analyst at Jefferies, said that the new targets “sit slightly ahead of consensus estimates”, adding that there had been “a step-change in urgency at 888 to position the business for...
...James Grzinic, an analyst at Jefferies, said the results “confirm just how much stronger than the rest of its peer group” Inditex has become....
...Philippe Houchois, an auto analyst at Jefferies, said Musk was “appeasing the market” by pushing faster, but with a “risk of compromises on product to accelerate launches”....
...“With a suite of new management and £30mn additional cost savings announced today, we sense a step change in urgency,” said Jefferies analyst James Wheatcroft....
...Penny James stepped down as chief just over a year ago after the group scrapped its dividend following a period of rampant inflation in motor claims....
...Jefferies vice-chair of equity capital markets and head of west coast TMT investment banking Cully Davis is leaving the firm as soon as this summer, Bloomberg reports....
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...“These megadeals tend to come in sets,” said Pete Bowden, global head of energy banking at Jefferies....
...Tesla directors include Musk’s brother Kimbal, longtime associate James Murdoch, and JB Straubel, one of Tesla’s co-founders....
...“Investment trusts used to be a uniquely British success story and a vibrant part of the market,” said James de Bunsen, a portfolio manager at Janus Henderson Investors’ multi-asset team....
...Jefferies analyst Mark Wilson suggested UK investors were more cautious than those invested on the Tel Aviv Stock Exchange....
...Paul Weiss is hiring investment funds lawyer James King from Kirkland & Ellis. King will be based in London. Santander has hired a trio of senior US bankers, Bloomberg reported....
...Companies on the benchmark Topix index have a median of 11 equity holdings, according to Jefferies, down from 15 a decade ago....
...Jefferies is hiring James Liddy as Emea head of gaming, leisure and lodging investment banking. Liddy joins from Deutsche Bank and was previously at Moelis....
...Additional reporting by James Politi, Peter Wells, Sam Learner and Oliver Roeder...
...However, Jefferies analysts argued that current events foreshadowed a potential credit crisis for small businesses in the near future....
...“It’s a big opportunity for the sector, but also a dangerous time,” said James Daley, managing director at advocacy group Fairer Finance....
...The 2012 London Whale trading scandal cost $6bn and the bank is being sued over its work for convicted sex offender Jeffery Epstein....
...Letter in response to this article: Britain needs fairer and more sustainable student funding / From James Purnell, President and Vice-Chancellor, University of the Arts London (UAL), London WC1, UK...
...James Grzinic, an equity analyst at Jefferies, praised the “very strong start” to the second quarter — sales were up 16 per cent year on year from the start of May until June 4 — which “hinted at the tantalising...
...TD Securities has expanded its global financial institutions group with managing directors Geoff Bertram and James Spencer to co-lead the team....
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