Hints and tips:
...Its non-tech winners included Apollo Global, Eli Lilly, Airbus and online gambling company Flutter....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Many companies and consumers will default on their loans, leading to a string of excruciating credit losses for banks that will hit profitability and blast a hole in their balance sheets....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...FT: So does that suggest that we will escape hideous pain, that we won’t see massive defaults coming up, that we can avoid a Japan-like situation?...
...“Proponents of a V-shaped [economic] recovery are underestimating how much rising unemployment and an unstable structure of indebtedness can lengthen and deepen this recession,” says Sandy Chen, banks analyst...
...Analysts said Visa and rival MasterCard are insulated from rising defaults and late payments because, unlike American Express and Discover Financial Services, neither of them actually extends credit to cardholders...
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