Hints and tips:
...One market-watcher we spoke to yesterday, Mark Hackett of Nationwide, thinks the S&P 500 is fresh out of technical support, and will need better fundamentals to rise much higher. What say you?...
...The organisation’s psychology-based transformation programmes have been taken up by 62 per cent of FTSE 100 companies and 59 per cent of the S&P 100. Leading by example, one could say....
...The median total senior executive remuneration, including salary, bonus, stock awards and option awards, is currently about £26mn at companies in the S&P 500, according to Refinitiv data based on annual...
...The Category 4 hurricane follows last week’s landfall of Hurricane Fiona, which caused widespread blackouts and multiple deaths in Puerto Rico....
...In 2006, the maison bought Villa Empain in Brussels, restoring the house and turning it into a Centre of Art and Dialogue between eastern and western cultures. boghossianjewels.com C is for Brunello CucinelliThe...
...The Puerto Rico Aqueduct & Sewer Authority is one of the island’s few municipal borrowers that did not default on senior debt over the past several years. But it still has plenty of problems....
...In September, the S&P 500 suffered its first monthly loss since January, while the FTSE All World Index recorded its largest monthly decline since the nadir of the crisis in March last year as investors...
...The credit quality of more than one-tenth of the loans within the benchmark S&P/LSTA leveraged loan index is now judged at C, double C or triple C — ratings that often signal a company is facing severe financial...
...Wall Street’s benchmark S&P 500 rose 0.5 per cent at the opening bell while the tech-heavy Nasdaq Composite climbed 0.8 per cent.Analysts, investors and debt collectors are agreed on the next area of pain...
...forecasts compared with the whole of the S&P 500....
...The pending flu season will add a strain on medical resources and will increase levels of required self-isolation....
...Key for Centrica is maintaining its Baa2/BBB credit ratings with Moody’s/S&P, which we think is possible....
...more of a primary event), UK P&C (~14% of premium), and then the multilines (~10%)....
...Fever - having a good C-19. We have previously highlighted that Fever is having a good C-19....
...More than 12 per cent of the loans held by CLOs are now rated triple C — often indicative of a company on the brink of collapse, according to S&P Global....
...The discount of our UK domestic basket at 10% (24-month Internationalfwd P/E) is not especially wide by comparison to the past 4 years post the EU referendum....
...An April survey of firms by 451 Research, an arm of S&P Global Market Intelligence, showed 31 per cent of customers using less cash than before the pandemic, but 19 per cent using more....
...We also index the S&P 500 to its February 2020 high....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...Key points: The Stars Group acquisition closes today creating a c£14.5bn global market leader in online gambling....
...Demand is being hit hard by store closures at peak S/S trading, impacting inflows severely....
...“[A] break-up of the group – either a spin or a direct sale of [Scientific, Technical & Medical]/Legal – would make sense given different growth/return profiles and capital requirements of the business vs...
...Puerto Rico and Haiti, which are affected by hurricanes. India and Bangladesh, which are prone to tropical cyclones....
...If the bondholders call in their debt, M&B could sell some of its 1,356 securitised pubs (last valued at c£4bn) to pay off c£1.7bn of notes and c£0.3bn of MTM swaps....
...It would also represent exit multiples of c.16x FY20 P/E, c.16x FY20 EV/adjusted pre-tax profit and c.13x FY20 EV/adjusted pre-tax profit (assuming an operating margin at the group's medium-term target rate...
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