|Bid||228.60 x 0|
|Ask||229.10 x 0|
|Day's range||222.00 - 232.52|
|52-week range||200.60 - 710.20|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||10.36|
|Earnings date||27 Feb 2020|
|Forward dividend & yield||0.90 (39.83%)|
|Ex-dividend date||05 Mar 2020|
|1y target est||7.00|
Bitcoin has failed to provide stability for investors in the market crash. As a result, these FTSE 100 dividend stocks might be better buys says this Fool. The post Forget Bitcoin! I think these 2 FTSE 100 shares could double appeared first on The Motley Fool UK.
Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;
Thursday is arguably the day the impact became tangible, as a slew of UK companies warned coronavirus was hurting their business.
(Bloomberg) -- Hundreds of high-risk companies in Europe need to repay or refinance nearly $100 billion in the coming months, a prospect that becomes more daunting by the day amid the relentless collapse in credit markets.From Germany’s Thyssenkrupp AG to Telecom Italia, around 600 European high-yield and non-rated bond borrowers have $92.5 billion bonds maturing by the end of 2021, a narrow window to get deals done. With investors running for the hills and the cost of raising funds soaring, that’s a big ask. As a result some companies are abandoning plans to raise debt on the bond market and exploring alternatives such as direct lending. One measure of high yield debt risk in Europe jumped to its highest level since 2012.Jaguar Land Rover, for example, is planning to use its cash reserves to pay its $500 million bond due this week. Commodity trading giant Trafigura might take that path as well with its two bonds amounting to 750 million euros ($850 million) due later this year, according to a spokesperson. Others, like Codere SA, are waiting for the storm to pass. The Spanish gaming company -- which has had to close its Italian bingo halls -- has two bonds due in November 2021 worth 800 million euros.Read more: Credit Cracks Widen With Boeing Loan Drawdown, Debt Deals Halted“Our plan is to refinance when a window in the market opens,” a company spokesperson wrote in an email. “We are working to be prepared but there is no doubt that the coronavirus and the uncertainty it has created in the market make it hard in the short term.” The firm’s liquidity position is good, the person added.Some companies took advantage of funding opportunities before the virus struck, like Italian infrastructure company Salini Impregilo SpA, which refinanced its 600 million euro bond due in June 2021 in January before any cases were confirmed in the country. The new notes due in 2027 have dropped 24 cents on the euro since issuance to 75 cents, according to data compiled by Bloomberg.Leveraged loans falling due in the coming 18 months are scarce, but printing inks firm Flint does need to tackle a looming maturity. Lenders agreed to extend its revolver to March 2021 to give it some breathing space, but the company has term loans worth 1.8 billion euros due in September next year, Bloomberg data show.“For firms that need extra liquidity, getting additional leeway from banks to roll over revolvers/draw on revolvers would be an option, as well as selling assets”, wrote Stephen Caprio, a UBS credit strategist, in an email. “But generally the expectation is that issuance markets will need to open up again, so firms can refinance and term out debt as needed.”\--With assistance from Ruth McGavin and Luca Casiraghi.To contact the reporter on this story: Irene García Pérez in London at email@example.comTo contact the editors responsible for this story: Vivianne Rodrigues at firstname.lastname@example.org, Bruce DouglasFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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