1171 days ago
Scuppered Carrefour M&A might have killed chance for stock to recover
Carrfour shares have been underperforming other international grocers
1172 days ago
Most shorted stocks by highest short interest as a % of equity float are cruising past a 14% average YTD return
''The average stock in the most heavily shorted decile was up by more than 14% for the year to date through Thursday, versus a 3.6% rise for the least-shorted equities, which have short interest of less than 1% of float. Even if GameStop is taken out of the mix, the most-shorted decile had risen more than 13%, on average, the analysts found.'' Source: @wlwatts, MarketWatch
1172 days ago
JP Morgan shows stellar Q4 net income levels
The flurry of SPAC deals have pushed up JP Morgan's equity-underwriting fees to boost profit at the investment banking division by 82%, their best fourth quarter results yet. Revenues have fallen at all three firms' consumer banks where JP Morgan was down 8%. Source: WSJ
1172 days ago
Dr Marten's performance under Permira - one word: growth
After their acquisition by Permira in 2014, Dr Martens has seen its sales rise unendingly, with revenue going from £200 million to almost £700 million in 2020, with an ebitda of almost £200 million. The results speak for themselves. You'll find more information about the company in this Dr Martens article.
1172 days ago
Stoxx Europe 600 starts the week downwards
Stoxx Europe 600 was down 0.1% in morning trade as gains in consumer staples and real estate sectors balanced losses in industrials and energy sectors. FTSE 250 rose 0.2% while CAC 40 and DAX lost 0.3% and 0.2% respectively. The Swiss Franc gained 0.1% against the USD at 1 franc buying $1.12. Source: WSJ
