More than two decades after she left office, Margaret Thatcher’s death this month provided a reminder of the difficulties she continues to create for those who succeeded her as leader of Britain’s Conservative Party.
Companies like DirecTV and McDonald’s Corp. that frequently buy back their own shares are recommended holdings for a “balanced global portfolio,” Citigroup Inc.’s Robert Buckland said in a note dated yesterday.
The effects of an earthquake in Japan on global equities may be limited and the MSCI All-Country World Index is “mildly oversold,” increasing opportunities to buy in the event of further declines, Citigroup Inc. said.
Most stocks fell, a day after U.S. benchmark indexes climbed to five-week highs, as FedEx Corp.’s profit forecast trailed estimates and U.K. retail sales unexpectedly decreased. Gold rose to a record and oil declined.