|Bid||201.30 x 423300|
|Ask||205.00 x 350000|
|Day's Range||199.70 - 203.90|
|52 Week Range||125.03 - 267.32|
|PE Ratio (TTM)||22.79|
|Dividend & Yield||0.09 (3.75%)|
|1y Target Est||N/A|
New York (Reuters) – Time Inc. said Monday it would license its Fortune brand for stock indexes based on the Fortune 500 in a new partnership with Barclays PLC 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.
A surprise for shareholders in UK banks. Forget the 42 per cent decline in the FTSE 350 banks index over the past decade. It was possible to generate a positive return. You just had to be an oil-rich sovereign ...
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.