Hints and tips:
...Credit Suisse, UBS, Deutsche Bank, Santander and Jefferies declined to comment....
...Analysts at Jefferies estimated that while overall tourist spending rose during the holiday this year, spending per tourist was down 9.5 per cent from 2019 levels....
...London-listed 888 has also been under pressure to reduce the debt it took on to fund the 2021 acquisition of William Hill’s international operations. Corporate rebrandings, however, can be risky....
...He added that he “[continued] to see material upside from the successful execution of the William Hill integration”. 888 bought William Hill’s non-US business from Caesars Entertainment in a £1.95bn deal...
...The currency, which fell one-fifth against the dollar last year, rose about 4 per cent on Thursday, reflecting relief among investors after President William Ruto’s government sold a $1.5bn dollar bond this...
...Gross transaction volume growth in the high single digits should be a reasonable mid- to long-term assumption, thinks Giles Thorne at Jefferies. Margins rise with increased penetration....
...Jefferies did not immediately respond to a request for comment....
...His account of the history of the site takes in William the Conqueror, Henry VIII and William Pitt the Younger — who moved the docks there around 1800....
...She previously ran UK spirits and liqueurs business William Grant & Sons, as well as shoe brand Clarks on an interim basis....
...“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....
...Responding to the government report, the new Conservative leader of the council Andrew Jefferies, said he was “deeply sorry for the shocking and unacceptable failings of the past”....
...That’s the point that we’re trying to make,” said Williams....
...However, analysts at Jefferies said in a note last month that they “anticipate ongoing momentum” for Flutter’s UK sales....
...Jefferies analyst Joseph Dickerson said he was disappointed that management had “stuck to its stale [£2bn] full-year buyback policy” and pointed out that the lender had another £2.5bn in excess capital....
...He presented a PowerPoint containing baby pictures of the firm’s three billionaire co-founders, David Rubenstein, William Conway and Daniel D’Aniello....
...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....
...William Woods, an analyst at Bernstein, is sceptical of its growth prospects in 2024, saying the consensus among analysts was “too aggressive”....
...New York Fed president John Williams will deliver a keynote speech at the conference....
...In remarks released on Friday, John Williams — the New York Fed president and close ally of chair Jay Powell — noted that price pressures, while still elevated, had eased....
...“We think reorganisation empowers different business units to respond quickly to market changes and enhance decision-making,” analysts at Jefferies wrote in a note....
...Vestas Wind Systems, the Danish wind turbine manufacturer, was up 5 per cent in mid-morning after investment bank Jefferies raised its rating for the company to buy from hold....
...“These megadeals tend to come in sets,” said Pete Bowden, global head of energy banking at Jefferies....
...“Last week was a bit of a guessing game as to who could be the recipient of First Republic,” said Casey Haire, equity analyst at Jefferies, who noted that PNC and Citizens were “on people’s list”....
...And while Looney’s departure could “reignite” speculation over BP as a potential takeover target, as Jefferies’ Giacomo Romeo suggested, the company is in desperate need of someone who can put up a united...
...“There is a faint whiff of panic as the authorities roll out further policies to relax Covid restrictions and an easing in financial conditions for the real estate sector and SMEs,” said Jefferies analysts...
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