|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.43 - 24.54|
|52 Week Range||20.84 - 31.95|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||9.10|
|Forward Dividend & Yield||1.50 (6.35%)|
|1y Target Est||28.43|
1057 GMT - RELX’s 2018 results come with few surprises, as the key indicators are broadly in line with expectations, Citi says. “Steady predictable organic growth is why investors like RELX,” Citi analysts say. Although the company’s adjusted operating profit falls a touch short of expectations, adjusted EPS is slightly ahead of analysts’ estimates, Citi says.
The Stockholm-based hedge fund manager, Resscapital AB, is active in the U.S. market for so-called life settlements, in which retirees sell their life insurance policies to a third party at a discount. The fund only buys policies after an independent medical underwriting to estimate life expectancy, profiting if it turns out to be accurate. “The portfolio is aging and that raises the probability for payouts,” said Gustaf Hagerud, managing director of Resscapital, by phone.
Trading data from OTC Markets Group shows that shares of government-sponsored entities Fannie Mae and Freddie Mac saw a dramatic increase in dollar trading volume last month. Common shares of Fannie Mae ...
Purchasing manager indexes from China to Australia, South Korea, the U.K., Italy and Germany all declined in January. IHS Markit, which compiles the PMI gauges, also found further reasons for worry below the surface of the numbers, such as a sixth straight drop in South Korea export orders and a rough month in Japan for sales of goods relating to semiconductors. “Given South Korea’s close trading ties with China and the U.S., falling export demand acts as a worrying indicator for global economic growth,” said Joe Hayes, an economist at IHS Markit.
Paris-based executives of Axa Investment Managers’ Real Assets unit held a series of conference calls with their London colleagues to plan for what to do in the event of a leave vote. One executive on the line from London—Harry Badham, Axa’s head of U.K. real estate development—had a lot at stake. Unlike his colleagues, however, Badham was relaxed about the outcome.
Covea said that a transaction with Scor, in which it owns an 8.2 percent stake, is no longer among its “strategic options” after the company declined to enter talks about a friendly deal, according to an emailed statement Tuesday. Covea had previously reiterated its interest even after Scor’s board spurned an 8.3 billion-euro ($9.5 billion) unsolicited offer last year. An acquisition of Scor would have helped Covea almost double its premium income and diversify its business beyond home, auto, life and health insurance coverage.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show how you can use AXA SA's (EPA:CS) P/E ratio Read More...
Investing in international companies is one of the hallmarks of building a diverse portfolio. Not only does it give investors access to key foreign markets, but it’s one of the main ways investors diversify ...
Today we’re going to take a look at the well-established AXA SA (EPA:CS). The company’s stock received a lot of attention from a substantial price movement on the ENXTPA over Read More...
SA (CS.FR) said Wednesday that it has progressed in simplifying the company’s structure and raised its payout target and 2020 return-on-equity target. As of 2018, AXA’s dividend payout ratio range is 50% to 60%, up from 45% to 55%, the company said ahead of its investor day. “The progress made in transforming the group’s profile, along with our confidence in continued strong operational delivery across all geographies, has led us to review our capital-management policy,” the company said regarding its adjusted payout target.
LONDON (Reuters) - AXA Investment Managers will acquire a U.S. debt investment team and a $9.4 billion portfolio of U.S. commercial mortgage loans from Quadrant Real Estate Advisors, AXA said on Wednesday. ...