Hints and tips:
...First you worry about the stock, and then the bank supervisors get in the door, which is costly even if they find nothing, but supervisors will always find something....
...Earnings momentum has turned positive for the largely cyclical domestics so as financial conditions ease there’s lots of room to re-rate, it says. All of this sounds reasonable....
...The Candela P-12 uses computer-controlled hydrofoils to lift it above the water’s surface, reducing energy consumption and minimising wake....
...Initially a fighter base for Spitfires, Ibsley was later home to more than 150 P-47 Thunderbolt fighter bombers....
...Accor now expects more normal growth in revenues per available room of 2.5-5 per cent a year, he added, “because of pressure on the middle class population”....
...Neither Moody’s nor S&P had stripped SVB of its investment grade rating by the time it failed in March....
...Carriers big and small are hooked into the same system....
...The European Central Bank’s top supervisor has claimed “opaque” trading in credit default swaps is harming banks’ share prices and could threaten a run on deposits....
...“The word is that the rooms look nice but the hull was rotten,” said a manager at the Falmouth Hotel....
...“Not every [board] member has to be an expert in financial risk, but has to be able to read a spread sheet or a P&L [profit and loss account],” Richdale points out....
...Best to avoid speaking one’s mind too openly on email and then having to explain it later to a regulator or a supervisor....
...Iran has its own P&I insurer, Kish, created as western insurers pulled back....
...Now, anyone doing a tax return who needs to lay their hands on quite a few forms, beginning with the letter P, Deborah, could you just walk us through some of the common P forms and what they’re for?...
...Hong Kong’s flagship carrier operated at 11 per cent of pre-pandemic passenger capacity and 56 per cent of cargo traffic as of June....
...Before reaching the suspect’s room, McGill inspected the Interpol alert that her supervisors had sent to her Samsung phone. Nicholas Rossi was the subject of the posting....
...The S&P 500 was down, but barely. A hot CPI print was expected, and besides, there’s plenty else to fret about....
...The room goes silent and hands start hitting the benches and tables in time. A thick rhythmic thud spreads, and soon everyone’s doing it....
...If you fill the jar with pebbles and sand (the small stuff) first, there’s no room left for the big rocks (what’s important)....
...Royal Mail, the UK’s largest logistics group, said the pandemic habit of buying online goods was sticking....
...I got a lot of thoughtful mail on the question of competition and profits, so I will probably hit that topic again tomorrow. Meanwhile, it’s back to China....
...Will the Nasdaq whale be the elephant in the room that marks the bull market’s swan song? Possibly!...
...Beata Sperling-Tyler, a senior credit analyst at S&P Global, says companies want certainty before they send employees out on the road: “It’s worth referring to what happened after 9/11 — airports had to...
...Participating hotels were paid $174 a night per room, according to The New York Times....
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...A TIPS yield of -2% easily justifies a P/E of 21x....
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