Hints and tips:
...You can’t just look at the L part of the P&L. Secondly, who really cares anyway? Normal accounting rules don’t apply to central banks. The Fed can create money and operate with negative equity....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...Monday EU, December retail sales figures Germany, December factory orders UK, S&P Global/Cips construction purchasing managers’ index (PMI) data Results: Activision Blizzard Q4, Anima FY, JFE Holdings...
...annual net profits to social responsibility efforts, particularly in the Marche region, where it funds an anti-violence centre, a social farming project and community courses and activities. tods.com U...
...The S&P 500 finished the day more than two and a half per cent higher. The tech-heavy Nasdaq gained just shy of three and a half per cent....
...U Ukraine Should Wimbledon really have banned Russian and Belarusian players, like Daniil Medvedev and Victória Azárenka?...
...Even in one of the cleanest Vs in finance — the S&P 500 index of US stocks — the steep decline from late February to late March was marked by a series of fleeting mini pick-ups, of lower-case Vs that never...
...OECD secretary-general Ángel Gurría thinks the valley is “more like a U”. UK national statistician Ian Diamond can even see a cliff edge in the form of an “L”....
...After surging prices in April — the biggest rise on the S&P 500 since 1987 — we are already well along the uphill slope of the V....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Hence Total S/H return will remain low considering low L-T ROE generation....
...We also index the S&P 500 to its February 2020 high....
...With 24% of companies having reported, earnings growth for the S&P 500 is at -16%....
...Q4 2019 u/l PBT beat “rebased” consensus expectations by £111m (13%), though the outlook statement is somewhat sobering. ......
...GILD shares were up 8% in pre-market trading (now +3% vs S&P 500 2%), and as we have noted, remdesivir doesn’t really add much to our DCF....
...S is for the SEC — regulators who don't understand crypto assets are a new currency for raising capital for unrealised commercial ventures, and not securities....
...The company has announced an interim dividend of $101m ($0.9531 p/s) and is launching a new $67.3m share buyback today....
...If we assume that ISM ends the year at 50 and spreads fall marginally, then S&P 500 fair value is 2,700....
...S&P 500 futures triggered the limit-down circuit breakers at about 5am GMT, the index having bounced 6 per cent in the regular session....
...All this has left equity investors struggling to discern truth from fiction — helping to send volatility in the S&P 500 index to its third-highest level in seven years....
...Shares in the San Francisco-based group have only risen 0.5 per cent since its initial public offering on March 21, compared with a 7 per cent rise for the broader S&P 500....
...Before accounting rules changed and forced companies to put equity compensation in the GAAP P&L, the underlying shares still appeared in the sections of securities filings that listed the details of stock...
...He is the author of High Rollers: Inside the S&L Debacle, Practical Handbook for Bank Directors, Debt Spiral: How Credit Failed Capitalism, and InStAbILItY: Booms, Busts, the Fragility of Banks, And What...
...Elsewhere on Thursday, - U-G-L-Y - Why Summers is wrong and Sanders is right on Glass Steagall....
...Australia’s S&P/ASX 200 edged up 0.1 per cent....
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