|Bid||202.65 x 423300|
|Ask||202.75 x 350000|
|Day's Range||199.70 - 203.90|
|52 Week Range||125.03 - 267.32|
|PE Ratio (TTM)||22.77|
|Dividend & Yield||0.09 (3.75%)|
|1y Target Est||N/A|
The Bank of England tightened its controls on bank credit to more normal levels on Tuesday, deciding the risk had passed of a big hit to the economy and to lending after last year's Brexit vote. The BoE's Financial Policy Committee (FPC) said British banks must now hold 5.7 billion pounds ($7.28 billion) between them as an additonal buffer against bad times, and that it will probably double that in November.
Time Inc (TIME.N) said Monday it would license its Fortune brand for stock indexes based on the Fortune 500 in a new partnership with Barclays PLC (BARC.L) in an effort to diversify Time's revenue into the growing index-investing business. The Barclays Fortune 500 Equal Weighted Index will launch in July, tracking about 450 publicly traded companies with a combined revenue of more than $11 trillion, Dupe Adeyemo, a director at Barclays, told Reuters. The index will exclude private companies, master limited partnerships and companies that do not meet liquidity requirements among the Fortune 500, Adeyemo said.
Rating Action: Moody's assigns definitive rating to RMBS notes issued by Oat Hill No. 1 plc. Global Credit Research- 26 Jun 2017. Global Credit Research- 26 June 2017.