Hints and tips:
...Tom Simons, US economist at Jefferies, described the figures as “stunning numbers” that left him “near speechless”....
...“Were it not for the strike impact, payrolls would have been closer to 170k, but you’d also have to boost last month’s 150k up to around 180k as well,” said Thomas Simons, US economist at Jefferies....
...if indeed it is confirmed to be the case — a single client has resulted in such a substantial credit provision being taken and whether there could be other outsized single client exposures,” analysts at Jefferies...
...Analysts at Jefferies said the results were a “positive portent” for the months ahead....
...Daniel Fannon, analyst at Jefferies, called the results “modestly worse” and said a lower tax rate accounted for much of the unexpectedly high earnings....
...Soho House’s founder Nick Jones and the owner of the Ivy restaurant chain Richard Caring continue to have large shareholdings in the business....
...Jefferies estimates that globally CCS could develop into a $600bn ebitda industry if net zero goals were achieved....
...Jefferies Financial Group has hired former Credit Suisse bankers Yik Ley Chan and Javier Lee as head of Asia private credit and vice-president of the unit, respectively, Bloomberg reports....
...“They’re all slightly nervous about volumes,” said Edwardes Jones....
...Benko, 46, has long been known as a consummate networker, writes the FT’s Sam Jones....
...That has all changed, the FT’s Sam Jones details, as the charismatic property developer’s penchant for complex financial engineering has become a thorn in its side....
...Since its listing in 2021, the group founded by Nick Jones has lost almost half of its market capitalisation and has struggled to turn a profit....
...The company also bought a $13mn stake in investment bank Jefferies and purchased $300mn worth of building materials maker Louisiana-Pacific....
...“This was a change in tone”, said Jefferies analyst Andrew Uerkwitz who studies the company....
...Davis Polk has hired James Dougherty, previously Jones Day’s global chair of M&A, as an M&A partner in New York....
...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....
...“Corporate governance and financial uncertainty are too great an obstacle to overcome at the moment,” wrote Jefferies analyst Chris Counihan in a note to clients on Tuesday, as he downgraded his rating on...
...Martin Deboo, analyst at Jefferies, called for “sharper and more radical portfolio choices”....
...“The indie brands are constantly taking risks and starting trends,” said Stephanie Wissink, an analyst at Jefferies....
...Bank of America, BNP Paribas, Citi, Jefferies and UBS are joint bookrunners. Banks have told the group that a valuation of $22bn is possible....
...Jefferies analysts said that the princess business was now worth less than $250m, down from peak revenues of $565m....
...The Dow Jones US Real Estate Index is down almost 25 per cent in the year to date....
...James Edwardes-Jones at RBC Capital Markets said: “We see little justification for such a deal strategically, operationally or financially....
...The company said hackers accessed documents from News Corp headquarters, Dow Jones, News UK and the New York Post. 4....
...In a note to investors last week, Jefferies analyst Atul Goyal questioned some of SoftBank’s past listings....
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