HALISTER: Priceline CEO Huston Resigns After Relationship With Employee

Priceline CEO Huston Resigns After Relationship With Employee

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
PCLN US (Priceline Group Inc/The)

People
Darren Huston (Priceline Group Inc/The)
Gillian Tans (Booking.com BV)
Leslie Cafferty (Priceline Group Inc/The)

Topics
Management Changes

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UUID: 7947283

HALISTER: UPS Earnings Exceed Analyst Estimates on Strong U.S. Results

UPS Earnings Exceed Analyst Estimates on Strong U.S. Results

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
UPS US (United Parcel Service Inc)

People
Benjamin J Hartford (Robert W Baird & Co Inc)
David Abney (United Parcel Service Inc)
Kevin Sterling (BB&T Capital Markets)

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UUID: 7947283

HALISTER1: Portugal to Dodge Downgrade, Respite May Not Last: Oxford Econ

Portugal to Dodge Downgrade, Respite May Not Last: Oxford Econ

(Bloomberg) -- Expect Portugal’s rating at DBRS to stay at IG tomorrow, meaning PGBs will continue to be eligible for ECB QE, Ricardo Amaro, analyst at Oxford Economics, writes in note.
  • However, the amount of outstanding eligible bonds means QE support may last only six to nine months, and any downward impact of QE on yields may ebb next year, with yields rising thereafter if there is sustained fiscal slippage
  • A slightly more gradual fiscal path and sluggish GDP growth will mean the country’s debt/GDP ratio remains stubbornly high; the state of the banking sector and the huge stock of contingent liabilities also make the economy vulnerable
  • The government needs a strategy that supports productivity gains to increase Portugal’s long-term growth potential or the focus on fiscal targets may fail and Portugal’s credit rating may come under renewed pressure
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
1174Z PL (Portuguese Republic)
2539Z GR (European Central Bank)

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UUID: 7947283