Hints and tips:
...Elsewhere in sellside, Morgan Stanley has a very belated downgrade of Hurricane Energy as part of a big E&P sector thing....
...Morgan Stanley can summarise: Sales for the quarter are down 38%....
...Lundin and Serica Energy are also upgraded with Tullow and Cairn remaining on “underperform” and most other things are “buy”....
...Here’s Morgan Stanley: Lower oil prices are not as unambiguously positive for the US economy as they once were....
...BMO Capital Markets advised Nevsun on the deal, while Morgan Stanley acted for Zijin....
...First Quantum and Lundin Mining were added to its “buy” list....
...; Lundin Petroleum cut to “hold” at Kepler Cheuvreux; Naturgy cut to “sell” at Société Générale; OMV upgraded to “overweight” at Barclays; Orkla downgraded to “neutral” at Goldman Sachs; Repsol cut to “equal-weight...
...As part of the same research, RBC raised Lundin Petroleum to “sector perform” on valuation grounds....
...● In brief: ALD raised to “buy” at Citigroup; Airbus upgraded to “buy” at Kepler Cheuvreux; Ashtead rated new “overweight” at Morgan Stanley; Asiamet Resources rated new “buy” at Berenberg; Austrian Post...
...at HSBC; Segro downgraded to “hold” at Société Générale; Société Foncière raised to “hold” at Société Générale; Shurgard downgraded to “sell” at Société Générale; Sika rated new “underweight” at Morgan Stanley...
...Mining raised to “overweight” at Morgan Stanley; Nestlé raised to “buy” at UBS; SFS rated new “sell” at Berenberg....
...Canaccord; Icade upgraded to “buy” at Kepler Cheuvreux; InterContinental Hotels raised to “neutral” at UBS; International Petroleum raised to “equal-weight” at Barclays; Kering cut to “neutral” at UBS; Lundin...
...; Amadeus rated new “buy” at Berenberg; Lundin Petroleum rated new “equal-weight” at Morgan Stanley....
...“With the sub-sector still trading below or close to book value, further consolidation is a possibility,” said Morgan Stanley....
...Sector peer Petrofac drifted 0.8 per cent to £10.86 after confirming it would spin off its North Sea oil and gas fields in combination with Sweden’s Lundin Petroleum....
...Mr Farrell’s kidnapping follows the abduction of fellow New York Times journalist David Rohde and Tahir Lundin, his Afghan colleague, in November....
...Barton Biggs, former chief global strategist for Morgan Stanley, rebranded survivalism “sensible”....
...Barton Biggs, former chief global strategist for Morgan Stanley, has even rebranded survivalism as “sensible”....
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