Hints and tips:
...Q2, Texas Instruments Q4, United Airlines Q4, Verizon Communications Q4 Wednesday Canada: Bank of Canada interest rate announcement Germany: Buba monthly report EU, France, Germany, Japan, UK, US: S&P...
...Křetínský’s portfolio includes stakes in the UK’s Royal Mail, grocer J Sainsbury, and West Ham football club as well as German wholesaler Metro and US sneaker chain Foot Locker....
...On the equity side, small-cap stocks continue to be the story: while the S&P 500 has shrugged, the Russell 2000 is up 6 per cent since Jay Powell started talking....
...The first, “Persistence of Growth”, updates a 2002 paper by Louis KC Chan, Jason J Karceski and Josef Lakonishok....
...“Sam Bankman-Fried is the new John Pierpont Morgan — he is bailing out cryptocurrency markets the way the original J P Morgan did after the crisis of 1907,” he said in a June interview with Bloomberg....
...After more than 200 basis points (bps) of year-to-date spread widening, the yield on the J.P. Morgan Corporate Emerging Markets Bond Index (CEMBI) Broad Diversified High Yield Index is now 10.3%....
...Earnings: More than a dozen companies on the S&P 500 are due to report results today, including Post-It maker 3M, Johnson & Johnson, Microsoft, Verizon, American Express, Lockheed Martin and industrial conglomerate...
...P&G’s shares have sharply outperformed Unilever during that period. “Activist investors will look at P&G and say: Is there a similar thing to be done at Unilever?”...
...Rolf Habben Jansen Chief Executive, Hapag-Lloyd Randy Chen Vice-Chairman, Wan Hai Lines Cheng-Mount Cheng Chairman, Yang Ming Marine Transport Corp Matthew J Cox Chairman & Chief Executive, Matson Inc Thomas...
...S&P declined to comment pending the results of the current review....
...The days ahead CDC meet over J&J jab The US Centers for Disease Control and Prevention will meet to decide its next steps on the J&J coronavirus vaccine, which was paused over side-effects....
...More than two weeks after a call with other CEOs on which Schwarzman pushed back on a suggestion that the US might be at risk of a coup, he elaborated: “I was trying to be a voice of reason and express...
...He built Abercrombie & Fitch, The Limited and Express into big national chains....
...Macy’s balance sheet has long been in better shape than more distressed rivals, although the department store chain lost its investment grade rating from S&P Global last month and was cut further into junk...
...National Express, Reiterate Buy: We cut our FY20E/21E EBIT forecasts by 40% and 2% respectively....
...Elsewhere in dividends, J Sainsbury’s chosen to postpone its final. Wm Morrison had already done the same, so it was not totally unexpected, but Tesco didn’t, so neither was it totally expected....
...Albertsons’ executives had been focused on a public listing that would see shares of the Cerberus-backed group trade on the New York Stock Exchange alongside blue-chip names such as American Express and...
...The S&P fell 6.8 per cent in October. “We have de-levered our portfolio, reduced our tech exposure meaningfully, and grown our short book,” the fund said....
...Between January and August this year, debt to ebitda ratios on European deals averaged 5.59 times, according to S&P Global Market Intelligence....
...shareholders; Campbell shares are down 19 per cent so far this year and, according to Loeb’s calculation, $1 invested with the company 20 years ago would be worth about $1.19 today, compared with $4.06 in the S&P...
...The S&P 500 has clawed back almost all this spring’s losses and is once again close to a record high....
...J.P. Morgan and Credit Suisse advised on the sale of Cory. Linklaters was legal adviser....
...They took in American Express and McDonald’s in the 1980s; JPMorgan, Microsoft and Walmart in the 1990s; Cisco, Pfizer and Verizon in the 2000s....
...Of the five that produced negative returns, the average outcome was a loss of 7.2% a year, or 12.6% a year less than the S&P 500....
...J.P....
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