Hints and tips:
...Yields for investment-grade companies typically fell below 2 per cent in 2020....
...Valuation – 21E PE 8x, FCF Yield 7%, Div Yield 4.9% What else? Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...WPP will also reduce is planned capex from £400m to v£300m....
...The yield on the tenure slid seven basis points and settled below 2.3% for the first time this year....
...“The one thing that emerging markets have that everyone wants right now is not raw materials or cheap labour, it’s yield....
...The yield on the policy-sensitive two-year US government bond, meanwhile, was up 2bp at 0.73 per cent after trading in a tight range....
...“The issue is the dynamics of the debt and the lack of any coherent policies to address it,” says Mr Quijano-Evans....
...Until earlier this year, Mr Loeb was doing something similar as a director of Yahoo, proving that putting an engaged investor on the board can yield a positive outcome....
...The dynamic works because of the exchange of ideas, says one participant....
...“This changes the dynamic,” Mr Copeland said....
...For a start-up, launching a prototype of all or part of an offer can yield a real competitive advantage by shortening the time to receiving quality feedback....
...The high-yield market has actually come back quite aggressively and that’s good; I think absolute leverage levels will come down to more historical numbers, which is also fine....
...“There’s been good news this week for bonds with Treasuries up 8 ticks, yields down and inflation still not a problem.”...
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