Robert Buckland News
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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.
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Geoffrey Dennis, global emerging- markets equity strategist at Citigroup Inc., departed the New York-based bank at the end of March.
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Prime Minister David Cameron is sidestepping British diplomats to push a plan to loosen ties with the European Union, instead encouraging his own lawmakers to promote his most ambitious foreign-policy initiative.
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Stocks rose for a second day and industrial metals rallied as slower-than-forecast Chinese inflation eased pressure on policy makers to tighten credit. The yen rebounded after a three-day slump took it to the weakest level since 2009 while the dollar weakened versus most peers.
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Worldwide quantitative easing may be making investors richer rather than encouraging business investment, according to Citigroup Inc.
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Earnings probably will be little changed worldwide this year even though stock prices suggest they are poised to tumble, according to Robert Buckland, Citigroup Inc.’s chief global equity strategist.
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Global equities are the cheapest on record relative to gold, bolstering the case for investors to buy stocks and sell the precious metal even as economic growth slows, according to Citigroup Inc.
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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.
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Global per-share earnings will rise 18 percent this year, faster than an earlier forecast, amid stronger revenue growth and sustained margins, according to Citigroup Inc.
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European stocks rose, rebounding from yesterday’s drop, as mining companies rallied after Alcoa Inc. kicked off the U.S. earnings season with results that met analysts’ estimates.
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