Hints and tips:
...Right now, however, the wider misfortunes of the property sector mean that investors can buy into Big Yellow at a marginal discount to NAV. For that reason and several others, we reiterate our call....
...By the time I got around to insuring the watch in 2017, estimators valued it at $6,295. By 2021, Submariners were changing hands for $15,000....
...Meanwhile, return on capital employed (ROCE) — which compares operating profit with the money invested — sits at just 4.5 per cent, up from a dismal 1.8 per cent in the previous year....
...“There is a rumour that it was one of Ralph’s personal watches, but I can’t verify that,” says Kraft. 8....
...Bank rate to peak at 4.5 per cent with risk of less....
...Real assets, such as property — notably residential, warehouses and care homes — and a modicum of portfolio insurance by investment in gold, will offer greater safety in what is anyway likely to be a low-return...
...It’s now (post a 15 per cent gain today) valued at £834m....
...The S&P 500 is heading for a test of its 200-day moving average at 2,790....
...Mr Lee’s wealth declined 8 per cent. The simpler business model should also make succession easier, said Nicole Wong, head of property research at brokerage CLSA....
...On the London Metal Exchange, copper hit a two-month high of $6,352 a tonne before ending at $6,295, still up 1.6 per cent on the day. The soft dollar helped push gold $8 higher to $1,230 an ounce....
...Monday 13:00 GMT Here’s what’s happening Smurfit Kappa was the top FTSE 100 faller after rejecting a sweetened takeover proposal from International Paper valued at €36.90 a share, including €24.605 a share...
...US West Texas Intermediate was up 3.7 per cent in late trade at $65.75. Gold was up $4 at $1,340 an ounce....
...at 64.66 100 Oz Gold (Comex) up +1.00 at 1,340 Copper (Comex) down 0.00 at 3.18 10-year government bond yields (%) US 2.72% Germany 0.71% CDS (closing levels) Markit iTraxx Europe -0.65bps at 43.69bp Markit...
...+0.53 at 66.14 100 Oz Gold (Comex) unchanged 0.00 at 1,356 Copper (Comex) unchanged 0.00 at 3.21 10-year government bond yields (%) US 2.64% Germany 0.58% CDS (closing levels) Markit iTraxx Europe +0.21bps...
...Credit Suisse had proposed a sale and leaseback of all its property, which at £5.4bn is equivalent to nearly two-thirds of Whitbread enterprise value....
...at 5,376 Dax unchanged 0.00 (0.00%) at 13,049 Currencies €/$ 1.18 (1.18) $/¥ 112.02 (112.58) £/$ 1.34 (1.34) €/£ 0.8822 (0.8795) Commodities ($) Brent Crude (ICE) down -0.05 at 62.81 Light Crude (Nymex...
...European markets Eurofirst 300 up +1.14 (+0.08%) at 1,506 FTSE100 up +46.74 (+0.64%) at 7,311 CAC 40 unchanged 0.00 (0.00%) at 5,281 Dax unchanged 0.00 (0.00%) at 12,592 Currencies €/$ 1.19 (1.20) $/¥...
...+0.15 at 47.70 100 Oz Gold (Comex) down -1.30 at 1,272 Copper (Comex) up 0.00 at 2.89 10-year government bond yields (%) US 2.27% Germany 0.44% CDS (closing levels) Markit iTraxx SovX Western Europe at...
...This morning, it said underlying full-year sales dipped 2.4 per cent to £790.4m, but underlying pre-tax profit fell 11.8 per cent to £74.2m....
...Managed assets increased 7 per cent in the quarter to £8.5bn and total client assets were up 5 per cent at £10.7bn....
...Crude (Nymex) down -0.26 at 52.88 100 Oz Gold (Comex) unchanged 0.00 at 1,215 Copper (Comex) down 0.00 at 2.61 10-year government bond yields (%) US 2.51% Germany 0.33% CDS (closing levels) Markit iTraxx...
...2,375 DJIA down -51.37 (-0.24%) at 20,954 Nasdaq down -21.58 (-0.37%) at 5,849 European markets Eurofirst 300 down -8.06 (-0.54%) at 1,473 FTSE100 down -24.14 (-0.33%) at 7,350 CAC 40 down -22.94 (-0.46%...
...Commodities The rebound for the dollar and Treasury yields helped kill off a modest two-day rally for gold, leaving the metal down $8 at $1,130 an ounce....
...Micro Focus, the asset-hungry FTSE-100 IT group, is acquiring Mike Lynch’s controversial brainchild from Hewlett Packard Enterprise in a deal valued at $8.8bn....
...+44.93 (+0.25%) at 17,873 Nasdaq up +31.74 (+0.65%) at 4,934 European markets Eurofirst 300 up +1.74 (+0.13%) at 1,375 FTSE100 up +5.14 (+0.08%) at 6,271 CAC 40 unchanged 0.00 (0.00%) at 4,529 Dax unchanged...
International Edition