Jefferies Equities Research News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Initiating detailed coverage of European tyre manufacturers, analysts at Jefferies Equities Research fated Pirelli as their top pick, followed by Continental and Michelin. “Continental is trading on the largest discount to Michelin in years and the ex-tyres business is at the lowest multiple (2x EBIT) in three years. Pirelli is at a two per cent discount to Michelin versus a premium for >90 per cent of the last three years.

Boyd Gaming is primarily a retail casino company, but has moved online with Stardust Casino and now the acquisition of Pala Interactive.

● Investors in commodities have tended to stress the importance of economic cycles  ● But decarbonisation and renewable electricity generation could continue to fuel rising  prices for copper, platinum group metals and nickel Environmental activism has become mainstream. A new report by the University of Oxford and United Nations Environment Programme shows $341bn (€290bn) has been set aside for green initiatives by the world’s 50 biggest economies, in $14.6trn of announced stimulus.  That 2.5% of overall GDP may seem trivial but it comes on top of longer-term commitments. Once the...