Hints and tips:
...S&P rates EDF as BBB compared with AA for French government bonds....
...Led by Sir John Hayes, ally of former home secretary Suella Braverman, it has called for lower levels of migration....
...They understood that you need to offer voters a degree of reassurance because voters are quite small c conservative, even if they’re not Conservatives with a capital C and they’re concerned about the things...
...Louise Parker is a behavioural change coach whose clients all come to see her privately. This, she believes, should change....
...Shares in the asset manager rose 5.7 per cent on the day the deal was announced, and this year they have nearly doubled the S&P 500’s performance....
...In September, one particular deal caught the market’s attention: a triple C rated loan from software company BMC that priced with a yield of just 6.3 per cent....
...George Parker is the FT’s political editor Follow @FTMag on Twitter to find out about our latest stories first....
...We expect underlying FCF of c.>€1.1 bn in 2021E and FCF to be positive ex WC from 2022. Valuation - Renault trades at c.4.2x 2021E P/E, a c.10% discount to its 3-year median....
...So far this year, the NYSE Arca Airlines index is up 11.2 per cent, a little more than double the gain for the broader S&P 500, but following a 22.4 per cent drop in 2018....
...“It’s a long day, watching a correction, the S&P crashing through the floor. I bought the XIV, ’cause I’ll make my money back. I’m a bad boy, ’cause I bought even more. Now XIV is free falling....
...This is the rug, conveniently separate to the P&L, under which RBS will sweep a £1.6bn extra charge for pensions. Grim-faced accounting mandarins say RBS must recognise this cost early....
...But a triple-C borrower like Atlantic City — which was rated single-A until 2012 — is a reminder of how quickly things can turn....
...The FT’s political editor George Parker explains what will happen in the likely event of a hung parliament....
...Is it really any stranger than a woman [Sarah Jessica Parker] famous for playing a neurotic New Yorker who has a penchant for Manolo Blahniks releasing a scent called Lovely?...
...“We don’t see Procter & Gamble as our toughest competitor,” Paul Polman, a P&G former veteran, told the Financial Times in an interview....
...Mr Lyne joins from UK fund company F&C Investments....
...A person familiar with P&W’s thinking indicated it had shared those concerns....
...Second, of the 19 “perfect” 100-point Bordeaux wines chosen by influential critic Robert Parker, nine were from the right bank....
...(Financial Times) OVERNIGHT MARKETS Asian markets Nikkei 225 down -22.98 (-0.18%) at 13,010 Topix up +2.99 (+0.28%) at 1,088 Hang Seng down -152.83 (-0.72%) at 21,073 US markets S&P 500 up +12.31 (+0.76%...
...George Parker is the FT’s political editor...
...Mr Parker, who forecast at the start of the year that the S&P 500 would finish 2012 at about the 1,200 level, says he had expected price-to-earnings multiples would decline due to the depressed conditions...
...In the UBS settlement, the FSA wrote that former UBS trader Tom Hayes, identified as “Trader A”, made 39 Libor-related requests in July 2009 of an unnamed broker, identified as “Broker F of Broker Firm C...
...Adam Parker, Morgan Stanley’s US equity strategist, said the high correlation among sectors in the S&P 500 leaves few obvious defensive plays....
...“We have seen a modest downward revision to the 2011 S&P 500 consensus earnings per share estimate, due in part to Bank of America’s lowered guidance and lower oil prices,” said Adam Parker, chief US equity...
...It begins with a P and ends with an E and the middle letters are O, N, C.”...
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