Hints and tips:
...Together they lifted the Nasdaq Composite 4 per cent, ahead of the benchmark S&P 500....
...“But markets are all up and they’ve been up for quite a long time but the S&P trades at 17 times forward earnings and you say ‘how can this go on forever?’...
...The S&P 500 has clawed back almost all this spring’s losses and is once again close to a record high....
...Its listed arm has off-loaded many of its key overseas development projects to newly-privatised DWCP and announcing a$9.4bn sale of hotel and tourism properties to fellow developers Sunac and R&F in July...
...In July, Dalian Wanda announced a $9.4bn sale of all its hotel and tourism properties to Chinese developers Sunac and Guangzhou R&F....
...Notably, the Jaguar brand is being refreshed with new products such as the XE sedan, launched in May 2015, and more recently the F-Pace crossover available since April 2016....
...Yet the Topix fell 19% while the S&P rose 3% – and the yen strengthened 21%.” Not ideal. But they’re possibly missing the bigger picture here a bit....
...S&P estimates that gross domestic product contracted 3.6 per cent last year and expects another decline of 3 per cent this year....
...This guest post is by Todd Baker, a senior fellow at the Mossavar-Rahmani Center for Business and Government at the John F....
...Fitch downgraded oil major Petrobras to junk this week, following similar moves by Moody’s and S&P earlier this year....
...His 2008 book, The Bin Ladens: An Arabian Family in the American Century, received P.E.N. America’s John Kenneth Galbraith prize....
...(Financial Times) JPM was sued on Tuesday by Mississippi Attorney General Jim Hood over alledged credit card misconduct: He “accused the largest U.S. bank of violating state consumer protection laws in...
...In Mississippi, potential voters were asked to estimate the number of bubbles in a bar of soap....
...The operator is also working with its US partner, CME Group, to cross-list products on its exchange over the next few months, including S&P 500 Index and Light Sweet Crude Oil (WTI) futures....
...Previously Chairman Levitt served on the boards of TIAA-CREF, Neuberger Berman, LLC, and Risk Metrics Group....
...Dubai’s Limitless said to get 6th extension on $1.2bn loan Limitless LLC received a sixth extension on a $1.2bn loan as the real-estate developer controlled by state-owned Dubai World works on a restructuring...
...Clearly, it’s not as simple as an S&P 500 ETF from iShares or Lyxor....
...Shares in F&C fell 28 per cent on Thursday, and slipped a further 2¼p on Friday to 95¼p....
...The shares rose 0.6p on Friday to 131½p. The sounding out of shareholders indicates that JC Flowers is still pursuing Friends, despite a belief among some investors that its interest had waned....
...It is thought JC Flowers would be prepared to pay about 175p per Friends share, a premium to the closing price last week of 152½p. Friends declined to comment....
...It could decide to sell assets such as Lombard, its European wealth manager, Friends Provident International or a 52 per cent stake in F&C Asset Management....
...Its asset management arm, F&C, also warned on profit in January....
...XACT F Euro, a Rafi tracker listed in Stockholm, is a Ucits III fund, meaning that it can be marketed anywhere in the European Union....
...The Observer ■PSA, the Singaporean ports group is expected to table a formal offer worth more than £3.5bn for P&O this week....
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