Hints and tips:
...H&M’s chief executive Helena Helmersson has quit after just over four years in the top job as the Swedish fast-fashion group struggles to improve profitability....
...We’ve summarised the nine-page judgment (h/t Katie Martin), which can be read in full here....
...In any event, when or if a recession does arrive, Morgan Stanley believes the high-yield bond market’s response will look less extreme....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Japanese companies such as optical product maker Hoya, travel company H.I.S. and trading house Itochu have, within the past two years, decided that the hostile bid is now a legitimate tool for corporate...
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...Here’s Morgan Stanley: Most investors are now in our camp that the March lows will likely hold....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...Emily Chew has joined Morgan Stanley Investment Management as global head of sustainability. She was previously at Manulife Investment Management....
...The report analysed corporate contributions to Democratic and Republican 527 organisations, which can raise unlimited funds....
...Morgan Stanley goes down to “equal weight” on Dixons, Global Fashion Group and Superdry. Asos and H&M are upgraded to “equal weight and Kingfisher joins M&S as “overweight” on valuation grounds....
..., and food footfall may help C&H sales as stores re-open....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...Rivals Bank of America, Goldman Sachs and Morgan Stanley have already engaged with As You Sow and the non-profit withdrew similar climate change proposals at those groups....
...This reflects an overweight position in L&H Re, where exposure needs clarification, and uncertainty over the cancelled FY 2019 dividend....
...It is difficult to articulate how C+H will successfully defend share, but a stepped-up shift to a food offering with a stronger USP will make MKS a better business....
...Change at the core v generous gestures A decade after a global financial crisis that shattered trust in large companies, the people who run them are keen to recast themselves as constructive social actors...
...Jacob Nell, chief UK economist, head of European economics, at Morgan Stanley: No....
...The likes of Goldman Sachs and Morgan Stanley spent the years since the crisis winnowing their inventories of stocks and bonds held for trading, as new constraints on capital, and new rules such as the Volcker...
...” ● Morgan Stanley downgrades Petrofac to “underweight” as part of a review of engineering companies exposed to the Middle East gas market....
The presidential campaign’s protectionist rhetoric is threatening global commerce
...(WaPo) Clinton v Trump: clash of the operatives David Brock and Roger Stone are masters of the dark arts of politics – 2016 will be their greatest canvas....
...“Old Navy’s significant deceleration was most notable, supporting our thesis that the brand is off track,” said Kimberly Greenberger, an analyst at Morgan Stanley....
...Univision’s stake also includes Onion spin-off sites The A.V....
...Almost three-quarters of the benchmark Hang Seng China Enterprises index, for Chinese companies with local H-share listings, consists of financial stocks, with just 3.5 per cent consumer stocks and no tech...
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