Hints and tips:
...One scoop to start: A US private equity group has resumed talks to buy Italy’s largest petroleum refinery from Russia’s Lukoil....
...Japanese carmakers Nissan and Honda will be revealing their P&Ls this week....
...Dixons Carphone currently trades at c.6x CY21E P/E. In non-results sellside the only thing standing out is Gulf Keystone Petroleum. It’s rated a new “buy” at Berenberg, as is Energean Oil & Gas....
...This is however negligible in the wider context of the P&L and the land bank, with the impact on future gross margin of 17bps small and which will likely be mitigated....
...And even when companies do fail (ie, Hertz, Whiting Petroleum) there are retail investors wanting to get a slice of the action....
...In 1990, the S&P’s biggest stocks were IBM, Exxon, General Electric, Philip Morris and Royal Dutch Petroleum....
...The likes of Carl Icahn and Warren Buffett have been swept up in the controversial deal that saw Occidental Petroleum swoop in to win Anadarko Petroleum from Chevron’s grasp....
...It is not often you see the heads of Royal Dutch Shell, BP, Saudi Aramco, China National Petroleum Corporation, Eni, Total, Repsol and Occidental Petroleum all together on the same platform....
...The immediate effects of the storm have been to knock out more than 3m barrels per day of oil refining capacity, or 16 per cent of the US total, according to S&P Global Platts....
...ACT Training • Brother Industries (UK) • Cadwyn Housing Association • Carillion Civil Engineering • Dwr Cymru Welsh Water • Finance Wales • GD Environmental Services • Network Rail Cymru Wales • P&...
...There appears to have been no tear-stained Kweku Adoboli inventing killer trades to rescue his deteriorating P&L. Numbers create reality in finance....
...(Wall Street Journal) Libor might become confused about its L under EU plans to supervise the rate from Paris....
...Qatari fund * India’s Gulf Oil buys U.S. chemicals company for $1 billion * Afghan governor denies corruption allegations * Markets: up Sinopec said to buy Nigeria oil blocks from French Total China Petroleum...
...L’Oréa l , the cosmetics maker, climbed 1.9 per cent to €93.85 after Credit Suisse upgraded the shares to neutral from underperform....
...Betfair rose 5.7 per cent to 839½p on news it had been awarded one of only three sports betting licences available to operate in Germany....
...Financial stocks in the S&P 500 led the market lower, with bank shares down 1.8 per cent as the S&P 500 fell 0.7 per cent to 1,165.24....
...L’Oreal plans to invest $111m in India L’Oreal SA plans to invest $111m to open more factories, laboratories and an innovation centre in India, which the French cosmetics giant wants to be one of its top...
...US energy shares saw a slight lift after BHP Billiton was said to be considering a $90-a-share bid for Anadarko Petroleum, the US-based oil-and-gas explorer....
...A rumoured bid by France’s L’Oréal led Avon Products to add 4.2 per cent to $34.54....
...Dana Petroleum drifted 0.4 per cent to £17.10 amid talk of a board meeting following its decision to reject a £18-a-share offer from KNOC of South Korea....
...Lloyds Banking Group fell 1.3 per cent to 63¼p and Royal Bank of Scotland lost 1.8 per cent to 44¾p in spite of speculation that the government could cut its stakes via “convertible gilts”, which would...
...Prudential gained 2 per cent to 554p as L&G raised its stake from 3 per cent to 4 per cent....
...Goldman Sachs was recommending Legal & General, up 4 per cent to 74¼p, ahead of a trading update due this morning. It forecast L&G to have generated £602m of cash in 2009....
...Since we launched, we’ve develop a new intra-day risk management system with which we can now calculate P&L across the whole of the energy product every minute of every day....
...RBS closed up 3.6 per cent to 35¾p....
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