Advertisement
UK markets close in 3 hours 22 minutes

  • FTSE 100

    8,336.80
    +23.13 (+0.28%)
     

  • FTSE 250

    20,410.91
    -2.17 (-0.01%)
     

  • AIM

    777.74
    +1.32 (+0.17%)
     

  • GBP/EUR

    1.1612
    -0.0012 (-0.10%)
     

  • GBP/USD

    1.2481
    -0.0028 (-0.23%)
     

  • Bitcoin GBP

    49,986.59
    -983.68 (-1.93%)
     

  • CMC Crypto 200

    1,322.77
    +28.10 (+2.17%)
     

  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • CRUDE OIL

    77.43
    -0.95 (-1.21%)
     

  • GOLD FUTURES

    2,322.10
    -2.10 (-0.09%)
     

  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     

  • HANG SENG

    18,313.86
    -165.51 (-0.90%)
     

  • DAX

    18,491.20
    +61.15 (+0.33%)
     

  • CAC 40

    8,142.81
    +67.13 (+0.83%)
     
Money:

How to make a tax-free income

Tips for making money that won't be taxed

BUZZ-Man Group: buyback hopes spur next leg of outperformance

Reuters - UK Focus

** Man Group (LSE: EMG.L - news) rises as much as 6.6 pct and hits highest since Sept 2011 after Morgan Stanley (Xetra: 885836 - news) says it expects co to announce $220m buyback

** 2014's best performer on Europe's STOXX 600, Man (Swiss: MAN.SW - news) Group shares have now nearly doubled over past year

** MS's buyback figure puts co on yield of 9 pct for FY 2015

** Co rerated through 2014, with EPS growth living up to the runaway share price. Valuations remain in line with sector

** Man Group EPS chart: http://link.reuters.com/taz33w

** Fwd P/E of 13.1x, identical to sector average and below peers Aberdeen and Henderson

** Valuation chart: http://link.reuters.com/kak83w

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)