Hints and tips:
...“Simon’s writing is so spot on — heavily political but with a small p. You see what feels like 50 years of austerity in the eyes and lives of these characters....
...Pete Speer, an analyst, cited its negative free cash flow, weak margins and a rising reliance on debt to fund operations....
...Peter Speer of Moody’s highlighted the risk that Exxon’s capital spending cuts could affect its production and its replacement of oil and gas reserves later in the decade....
...Debt weighed heavily on its stock in the second half of 2011, when it shares fell 25 per cent compared with a fall of just 14 per cent for the oil producer industry group of the S&P 500....
...Enodis shares closed up 44¾p to 288¼p, an 18 per cent jump and well above ITW’s offer price. ITW was up slightly in midday trading in New York. Manitowoc was up 4 per cent....
...In mid-morning trading the shares were 40½p or 16.6 per cent higher at 284p....
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