Hints and tips:
...Classical authors focused more in any case on connectivity....
... Lufthansa provides direct worldwide connectivity for the export nation Germany....
...In deep value territory: Stocks are trading at 30-year absolute P/B lows and near relative 2008/09 lows (43). HEI and SGO screen as particularly cheap....
...Shares in Measurement Specialties, a maker of sensors and sensor-based systems, jumped almost 11 per cent to close at $86.38 after TE Connectivity announced plans to acquire the company for $1.7bn including...
...After rallying 15 per cent over the past month, shares in B/E Aerospace were felled by news the company had shelved plans to sell the company or one of its units in favour of separating into two businesses...
...The rationale given to own HSBC instead centres on: international connectivity; exposure to high growth markets; strong b/s & resilient (group) earnings....
...Apple was among the worst performers in the S&P 500 as the stock dropped 2.1 per cent to $251.80....
...The benchmark S&P 500 index and the Dow Jones Industrial Average both closed 1.3 per cent down at 911.97, and 8,504.67 respectively. The Nasdaq Composite index lost 1.1 per cent to 1,796.18....
...Metro PCS, the mobile service operator, climbed on news that it would replace Tyco Electronics in the S&P 500 from June 29....
...This is a hard number to pin down since a) banks do not separately report prop trading in their P&L statements, and b) ICAP merely facilitates banks’ dealing flows without needing to determine their clients...
...Cobham shares rose 2¾p in early trading to 222½p....
...Cobham’s shares rose 2¼p to 223¼p....
...The S&P removed three stocks, PMC Sierra, ADC Telecom and Sanmina-SCI - all technology companies....
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