14,040 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 135 of 141.
“drop by around £2m to £20m”
“fell to $12.7bn”
“about 410 employees of the fund-management unit will see their combined payout fall from £730m to £624m”
“£6m he spent on shares and options between 2003 and 2009”
“snapped up BGI for $13.5bn”
“roughly $2.8 trillion of assets under management”
“soaring 361 per cent to £907m”
“With crude oil sinking below $60 a barrel on Friday for the first time since mid-May”
“oil hit a record high of $147 a barrel”
“rising above $73 a barrel at the end of June”
“from as low as $30 earlier this year”
“the market has dropped more than $10 from the year’s high”
“They forecast West Texas Intermediate (WTI) crude hitting $85 by the end of 2010”
“with a long-term forecast of $137 per barrel”
“BAS-ML analysts have raised their forecast for the 2009 Brent crude oil from $52 to $59”
“The hike is even more substantial for 2010 with WTI seen at $75 a barrel instead of $62”
“four straight weeks”
“earnings per share of 23 cents versus 54 cents for the same period a year ago”
“GFT is quoting the FTSE 100 to open up 20 points at 4,127”
“the German DAX 30 to open up 14 at 4,590”
“the French CAC 30 is looking at an open of 2,997, up 14 points”
“Brent and WTI closing below $60 a barrel on Friday”
“a consensus forecast of a 1.8 per cent rise in prices year-on-year”
“Inflation – as measured by the consumer prices index (CPI) – is expected by both analysts and the Bank of England to trough in the third quarter of 2009”
“the Retail Prices Index (RPI), on which many wage settlements are based, is in negative territory”
“CPI inflation will probably fall further in coming months, but the low is likely to be about one per cent year-on-year”
“with the inflation rate expected to fall below the Bank of England’s two per cent target for the first time since September 2007”
“The August Inflation Report will probably forecast that stable 0.5 per cent rates and £125bn QE will leave inflation slightly above target two years ahead, implying that no further QE is needed”
“last week’s unexpected 0.6 per cent month-on-month drop in UK May industrial production data”
“another 467,000 people in the US lost their jobs in June alone”
“putting the US employment rate at a shocking 9.5 per cent – it was just 4.6 per cent a year ago”
“the FTSE 100 is now down by 7.5 per cent relative to its June peak”
“the BoE’s effective exchange rate is down by 2 per cent relative to its June high”
“The FTSE 100 is still down around 35 per cent relative to its level ahead of the Northern Rock collapse in September 2007”
“the effective exchange rate is around 9 per cent lower”
“its share price reached a high of 347.25p in the middle of May”
“But its share price then slipped to around 309p”
“the announcement of a £445m capital raising via a placing of new shares and convertible bonds”
“its share price jumped from 309p to 312p in early trading”
“ShortsandLongs.com has a rolling Sainsbury’s spread of 311.6p-312.6p”
“Barclays has been the stand out performer with the high-street bank’s share price rising from below the 50p mark in January to above 300p last month”
“Spreadex has a September-based Barclays spread of 289.7p-291.8p”
“CMC Markets is quoting a spread of $2.64-2.71 for Citi”
“CMC Markets is quoting a spread of $11.91-11.98 for Bank of America”
“the surprising announcement by the Bank of England last week that it will not extend quantitative easing and keep interest rates on hold”
“the decision lifted sterling after its recent losses above the key support level of 1.6000”
“Capital Spreads quotes a spot price for sterling-dollar of 1.6247-1.6250”
“against an net asset value of 277p per share”
“A £500m portion of its £2.4bn debt pile was due to expire today”
“The company is also seeking a standstill agreement with bondholders after it defaulted on an interest payment on a £400m bond earlier this week”
“The lender had pinned its hopes on becoming a bank and had planned to build up £1bn of deposits by the end of 2010”
“Paco Boy who can be backed at 9/2 with Boylesports.”
“CAPTAIN BRILLIANCE at 4/1 with Boylesports.”
“RACER FOREVER at 14/1 with Boylesports.”
“JARVIS, the rail services group, said yesterday it had been granted extended banking facilities until 2011.”
“But the deal with Burdale Financial Limited, a subsidiary of Bank of Ireland and Bank of America, will see its asset backed loan facility reduced to £50m from £60m.”
“The company’s cost of debt will go up by 0.35 per cent as part of the agreement.”
“Broker Investec Securities said it expects further volume gains from the new contracts, but does not anticipate much progress this year.”
“Last month, Tata Steel, the Indian parent of Corus, said full year profits at the company had slumped by 60 per cent to $973m (£600m), as the downturn hit the industry.”
“In its monthly report, the ECB said it still expects positive quarterly growth rates by mid-2010.”
“Those shareholders that have expressed an opinion on pricing have told The Times that they want a premium of between 30 per cent and 50 per cent to complete the deal.”
“it emerged that 12 leading insurance analysts had forecast that it would cut its dividend next month by between 25 and 50 per cent.”
“The £732m raised in the rights issue – where existing shareholders were offered bargain-priced shares as the group scrambled to raise cash – helped it to slash the net debt to £961m by the end of June, compared to £1.9bn at the end of Marc…”
“Sales of assets produced £163m in total during the quarter, exceeding the amount spent on making new investments by £87m.”
““It is now roughly equivalent to 35 per cent of the total value of its assets, compared to 103 per cent in March,” he said.”
“When trading in those stocks was suspended by the London Stock Exchange in 2006, the investments were rendered worthless.””
“raising some $140m for the scheme between 1998 and 2006.”
“It is now roughly equivalent to 35 per cent of the total value of its assets, compared to 103 per cent in March”
“It added that the defendants acted primarily from two successive securities broker-dealers, The Thornwater Company and Sky Capital, raising some $140m for the scheme between 1998 and 2006.”
“Gunners chief executive Ivan Gazidis said yesterday that the board had discussed the fund‑raising exercise but concluded it would not greatly improve their financial position.”
“Usmanov, who owns a 25 per cent stake through the investment vehicle Red and White Holdings”
“re-paying its $26bn (£16.2bn) of debt less onerous”
“asked its shareholders for €1.75bn in fresh capital”
“£40bn merger”
“premium of between 30 per cent and 50 per cent”
“cut its dividend next month by between 25 and 50 per cent”
“trusts managing pools of securitized mortgages sold six times as many homes as banks during the six months ended 31 March”
“It is now roughly equivalent to 35 per cent of the total value of its assets, compared to 103 per cent in March.”
“Xstrata’s proposed £40bn merger with Anglo American”
“they want a premium of between 30 per cent and 50 per cent to complete the deal”
“sold six times as many homes as banks during the six months ended 31 March”
“The number of completed deals in the UK was down 66.4 per cent on the same period last year, with just 255 deals announced.”
“The total value of the deals was just $31.5bn (£20bn), down 70.7 per cent on the first half of 2008.”
“The value of activity would have been even lower if it were not for the giant takeover of asset manager Barclays Global Investors by US rival BlackRock in a deal worth $13.6bn.”
“The UK government’s $7.7bn acquisition of a giant stake in stricken bank RBS, and its $5.6bn investment in Lloyds, also boosted the total.”
“Despite these giant transactions, the value of deals in the first half of 2009 was 81.3 per cent lower than in the second half of 2008.”
“Globally, the number of deals done fell by 47 per cent compared to the first half of 2008”
“while the value of world the deals fell by 44 per cent.”
“US giant Bank of America Merrill Lynch, which recently overtook Swiss rival UBS as the world’s biggest wealth manager”
“has now stormed to the top of the chart for advisers to UK M&A deals.”
“Microsoft shares fell 1.4 per cent to $22.22 in early Nasdaq trading on the news while Google shares rose 1.2 percent to $401.36.”
“Customers were not told that they would be unable to sell their shares, and the no net sales policy helped artificially inflate the price of the Sky Entities stocks,”
“Investor funds were substantially used to enrich the defendants and others; to pay excessive undisclosed commissions to brokers and to pay off victims who had lost money through prior purported investment opportunities,”
“THE FINANCial Services Authority (FSA) will share formal responsibility for financial stability with the Bank of England, under a raft of measures included in chancellor Alistair Darling’s white paper on financial regulation.”
“• Financial Services Compensation Scheme to be partly pre-funded via a levy on banks from 2012.”
“• FSA’s power to ban short selling to be extended for a further three years.”
“• The “originate and distribute” model of securitisation. UK likely to support EU proposals that issuers retain five per cent of the risk being securitised.”
“• FSA to report annually on those firms who do not comply with its code of conduct on remuneration.”
“• New Council for Financial Stability (CFS), made up of representatives from the Treasury, Bank of England and the FSA, to monitor emerging systemic risks. The CFS will be chaired by Alistair Darling and will hold regular meetings to discu…”
“The regulator will also gain greater rule-making powers to suspend or penalise firms and individuals deemed guilty of misconduct. The FSA will be mandated to ensure that banks have procedures in place to allow them to be more easily wound …”
