HALISTER: GM U.S. Oct. Sales Fall Less Than Est.; Sees Oct. SAAR 18.0m

GM U.S. Oct. Sales Fall Less Than Est.; Sees Oct. SAAR 18.0m

(Bloomberg) -- GM U.S. Oct. sales fall 1.7% vs est. down 6.9%; shares rise 1%. Sees Oct. SAAR 18.0m
  • Chevy brand -0.8%
  • GMC brand -6.2%
  • Buick brand +7.4%
  • Cadillac -9.4%
  • Total inventory 834,201 (84 days supply)
  • See Preview, GM supply chain;, estimate chart
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
GM US (General Motors Co)

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UUID: 7947283

HALISTER1: CANADA ECO PREVIEW: Aug. GDP Due in 5 Minutes

CANADA ECO PREVIEW: Aug. GDP Due in 5 Minutes

(Bloomberg) -- Canadian GDP m/m seen at +0.2% in Aug. vs +0.5% in July (forecast range -0.1% to 0.3%); Aug. GDP y/y seen at +1.3% vs July’s +1.3% (forecast range 1% to 1.4%); measures market value of goods, services produced within country
  • “We expect growth to be driven by goods-producing industries, continuing the trend from the prior two months:” TD Securities
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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HALISTER1: Spain ends political gridlock, but tests lie ahead: DBRS Commentary

Spain ends political gridlock, but tests lie ahead: DBRS Commentary

Alert: HALISTER1
Source: DBR (Dominion Bond Rating Service)

Tickers
1841Z SM (Kingdom of Spain)

People
Mariano Rajoy Brey (Kingdom of Spain)
Fergus McCormick (DBRS Inc)
Javier Rouillet (DBRS Inc)
Nichola James (DBRS Inc)

Topics
Fixed Income Research
Prov., Reg. Credit Research
Credit Analysis Research
Credit Research
Investment Research

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UUID: 7947283

HALISTER1: Ex-BSI Banker Yeo’s Money Laundering Trial Expected in April (1)

Ex-BSI Banker Yeo’s Money Laundering Trial Expected in April (1)

(Bloomberg) -- (Updates with trial date in first bullet)
  • Tentative dates for next trial fixed in April 2017, Singapore Attorney General’s Chambers says in e-mail
  • Yeo Jiawei faces further seven charges, including offences of cheating, money laundering and forgery, according to e- mail
  • On Tuesday, Yeo’s former BSI supervisor Kevin Swampillai testified in Singapore court as witness
  • Yeo, ex-BSI SA wealth planner, usually addressed Low Taek Jho as “boss:” Swampillai
  • Yeo believed to have worked with Low after leaving BSI, Swampillai says
  • “When he worked with Low Taek Jho and consulted with his associates, there was a great degree of secrecy around what they did, how they spoke to each other, and apparently fictitious names were used when referring to certain individuals,” Swampillai says
  • Yeo sent Swampillai a photo of Low working in his private jet; that was a “physical representation” of Yeo’s association with Low: Swampillai
  • A call to Low’s Jynwel Capital in Hong Kong wasn’t answered
  • NOTE: Singapore Files More Charges, Sets Trial Dates for Ex- BSI Banker
  • NOTE: Swiss Bank BSI Appeals $100 Million Penalty Over 1MDB Links
Story Link:NSN OFYHPF6JIJV7
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0206021D MK (1Malaysia Development Bhd)
EFGN SW (EFG International AG)

People
Jynwel Capital Limited (Jynwel Capital Ltd)
Kevin Swampillai (BSI Bank Ltd)
Low Taek Jho (Jynwel Capital Ltd)
Yeo Jiawei (BSI Bank Ltd)

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UUID: 7947283