|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||299.15 - 326.00|
|52-week range||144.00 - 328.79|
|Beta (5Y monthly)||0.67|
|PE ratio (TTM)||23.37|
|Earnings date||30 Jan 2020|
|Forward dividend & yield||0.08 (2.75%)|
|Ex-dividend date||13 Feb 2020|
|1y target est||173.33|
There's an elite group of stocks that most investors would love to own. These companies have stellar track records, sparkling reputations and the ability to de8230;
(Bloomberg) -- Graeme Hart was once a high school dropout working as an auto-body repairman and truck driver.Today he’s New Zealand’s richest person, thanks to a career in private equity, with a taste for super-yachts, submarines and superhero-themed pinball machines.Last week, his fortune got a boost after the stock-market debut of Reynolds Consumer Products Inc., the maker of Hefty trash bags and aluminum foil. The shares climbed 9.8% to close at $28.55 Friday, valuing his stake in the company at $4.4 billion, according to the Bloomberg Billionaires Index. The advance continued Monday, with the stock rising an additional 3.7%.Hart, 64, controls a majority stake in Reynolds through Rank Group, his Auckland-based private equity firm, and the consumer-goods business is his biggest asset. A spokeswoman for Rank declined to comment.Read more: Reynolds Wrap maker jumps after raising $1.2 billion in IPOWhile Hart is among the world’s most private billionaires, he’s not shy about spending lavishly and is a serial buyer of super-yachts, including the 116-meter (381-feet) Ulysses. Valued at about $200 million, the vessel is spacious enough for a helipad and another smaller yacht on its front deck. One of his previous yachts, also named Ulysses, featured a Batman pinball machine, and a decommissioned U.S. Navy submarine lashed to the fore deck that provided an underwater getaway for as many as six people.Hart dropped out of school in his mid-teens and worked as an auto-body repairman and truck driver. He later obtained an MBA from New Zealand’s University of Otago, where he formed the basis of his leveraged-buyout strategy for scores of deals he made over the past three decades. In a 2018 speech at his alma mater, Hart spelled out that strategy to graduating students.“Be bold,” he said. “That means buy as big as you can, borrow as much as you can and then work the asset as hard as you can.”Reynolds was formed by Rank Group in 2010, primarily through a combination of the Reynolds and Hefty businesses with Presto brands. The Lake Forest, Illinois-based company had net income of $135 million on revenue of $2.1 billion for the nine months through Sept. 30. Rank’s other assets include Pactiv, which supplies packaging for fast-food chains.(Updates with Monday’s stock price advance in third paragraph.)\--With assistance from Jack Witzig and Steven Crabill.To contact the reporters on this story: Ben Stupples in London at email@example.com;Andrew Heathcote in Melbourne at firstname.lastname@example.orgTo contact the editors responsible for this story: Pierre Paulden at email@example.com, Peter Eichenbaum, Michael HythaFor 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.
Roland Head flags up three stocks he'd buy from the fast-growing FTSE 250 (INDEXFTSE: MCX) index.The post 3 FTSE 250 growth stocks I'd buy right now appeared first on The Motley Fool UK.
I think the FTSE 250 (INDEXFTSE: MCX) is going to soar in the 2020s, and here are two stocks I'd buy to take advantage of it.The post 2 FTSE 250 growth and income stocks I'd buy for my 2020 ISA appeared first on The Motley Fool UK.
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Gains for oil majors and miners pushed London's FTSE 100 into the black on Tuesday, buoyed by hopes of a trade deal between the United States and China, while Primark owner Associated British Foods jumped 6% after strong results. The FTSE 100 advanced 0.3%, after having touched a one-month high earlier in the session, while the mid-cap index was 0.2% higher.
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London's FTSE 100 fell on Thursday as the latest signals from the U.S. Federal Reserve dampened hopes of hefty interest rate cuts, while exporter stocks slipped as the pound rose after German Chancellor Angela Merkel's comments on the Brexit deal. The FTSE 100 shed 1.1%, while the FTSE 250 was roughly flat.