26 Quotes by Hilary Cook
- Author Hilary Cook
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There are genuine concerns about economic growth globally, and there's earnings pressure from a lot of places.
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There is a lot more competition. You will see more discounting. Retailers have to accept lower margins.
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Given the low rating of the shares, we would hope they would be buying them and indeed they are,
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It is ironic because lower raw material prices and particularly lower oil costs is pretty good news for the global economy, but not very good news for the indices when so many of the companies are making such a big proportion of their profits from them.
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To its huge credit, GUS has moved from being a rag-tag of businesses with a reliance on a declining home shopping market to a very focused retail group.
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BPB may have a valid point and they may be able to get a higher bid. The chances are they'll talk to each other and come up with a price. The fit is clear.
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There's renewed confidence - companies are feeling happy, they are feeling pretty good about life. They are saying we don't need this money for a rainy day: we can buy extra growth.
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There's relief (in the market), coupled with some good corporate news from GM. Certainly the U.S. durable goods data today is very important. Oil prices are steady and that helps too.
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The shares had enjoyed an extraordinary debut, much better than we expected, but they are very vulnerable to any disappointment, ... The City never likes nasty surprises and this is a difficult business model to predict.
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