|Bid||118.92 x 0|
|Ask||119.20 x 0|
|Day's range||118.85 - 122.86|
|52-week range||95.49 - 129.87|
|Beta (3Y monthly)||1.46|
|PE ratio (TTM)||15.52|
|Forward dividend & yield||4.30 (3.52%)|
|1y target est||129.76|
The bank has hired Massimiliano Pignatelli and Pablo de Mattos in London to make market bets with shareholders’ money, known as proprietary trading, according to people familiar with the matter. Macquarie sought out the traders to bolster revenue in the U.K. capital and may sign up more if the venture is a success, one of the people said, requesting anonymity as the details aren’t public.
The Sydney-based company on Friday forecast full-year profit will rise 10 percent, largely due to buoyant income from its commodities and capital-markets businesses. Wikramanayake, who succeeds Nicholas Moore on Dec. 1, said in an interview on Friday she saw opportunities across the group, from asset management to capital markets.
Macquarie Group has lifted first-half profit 5.0 per cent to $1.31 billion in Nicolas Moore's final set of results before retiring as chief executive.
Key InsightsThe bank forecast full-year income will rise 10 percent, a big upgrade from its previous guidance that earnings would be “broadly in line” with last year’s record profit.Income from the capital markets facing businesses, which includes commodities trading and M&A advisory, surged 95 percent from a year earlier.
Macquarie (MIC) reports weaker-than-expected results in third-quarter 2018 due to poor performance of its IMTT segment, high costs associated with acquisitions and rise in interest expenses.
Strong prospects of Macquarie's (MIC) Atlantic Aviation, Contracted Power and MIC Hawaii segments are expected to be conducive to its third-quarter results.
Investing.com - Asian markets were mixed in morning trade on Monday following the global sell-off last week. China and Hong Kong stocks underperformed their regional peers.
Macquarie (MIC) successfully divests Bayonne Energy Center for $900 million to strengthen financial flexibility in the days ahead.
(Bloomberg Opinion) -- When even a 24-year-old Indian entrepreneur has no difficulty raising $1 billion in a day from global investors, it’s easy to forget that it wasn’t always like this.
The institution that made a business of exploiting India’s desperation for funds, particularly for long-gestation infrastructure projects, is now seeking to protect its assets from unpaid creditors trying to push it into bankruptcy. Infrastructure Leasing & Financial Services Ltd. had 30 years to spawn an Indian clone of Macquarie Group: a powerhouse of finance, investments, asset ownership and risk management. Instead, Ravi Parthasarathy, the founder who stepped down recently as chairman, went on to build an unwieldy, debt-fueled empire that has now crumbled.