Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Sharon Bell"


14 mentions found


As of Feb. 29 with 313 companies having reported, 50.2% posted a beat, according to a CNBC analysis of FactSet data. This was the smallest percentage of beats — thus the worst earnings season — since the first quarter of 2020 when the pandemic first hit European firms. Share buyback bonanzaSharon Bell, a senior European strategist at Goldman Sachs, told CNBC that she had noticed a new trend for European corporates during this earnings season. "What you have seen is a lot of companies announcing buybacks," she told CNBC's "Squawk Box Europe" Tuesday. "It is absolutely huge, you've never really seen this before in 20, 30 years, European companies pay dividends, they don't do buybacks," she said.
Persons: , Edward Stanford, Philippe Ferreira, Kepler Cheuvreux, Sharon Bell, Goldman Sachs, CNBC's, you've, Bell, Ferreira Organizations: CNBC, HSBC, L'Oreal, European Central Bank, Shell, Deutsche Bank, Novo Nordisk, UBS Locations: Triomphe, France, Europe, China, Ukraine, European
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is a new trend in Europe with companies announcing buybacks, Goldman strategist saysSharon Bell, senior European strategist at Goldman Sachs, outlines how it was a mixed picture for European earnings during the last quarter.
Persons: buybacks, Goldman, Sharon Bell, Goldman Sachs Locations: Europe, European
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope's GRANOLAS are lower volatility than Magnificent 7, Goldman strategist saysSharon Bell, senior European strategist at Goldman Sachs, discusses Europe's 11 dominating "GRANOLAS" stocks, and their similarities and differences to Wall Street's Magnificent 7.
Persons: Goldman, Sharon Bell, Goldman Sachs, Wall Locations: European
As the U.S. presidential election comes into the spotlight, Goldman Sachs has assessed the potential impact on global markets by changes in regulation, taxation, and other government policies. However, it sees U.S. subsidiaries of foreign companies potentially gaining if Trump delivers on a cut to corporation taxes. On average, European companies generate 25% of sales in the U.S., but most come from U.S.-based businesses rather than exports from the EU, according to Goldman Sachs. As these companies run substantial U.S. operations and assets, Goldman also sees them as benefiting from potential U.S. corporate tax cuts under Trump. However, they flagged that Biden has mentioned increasing the rate of corporate tax, "which would have an impact on US-exposed companies."
Persons: Goldman Sachs, Donald Trump, Trump, DAX, Sharon Bell, Joe Biden, Goldman, Biden, Michael Bloom Organizations: U.S, Ukraine, Trump, Eurostat, Stocks, Intercontinental Hotels Group, Boeing, Aero, BAE Systems, Kerry Group, Goldman, Republican Locations: United States, U.S, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies in energy and banking sectors should be buying back shares, strategist saysSharon Bell, European strategist at Goldman Sachs, discusses which companies and sectors should be buying back shares, and if there are risks associated with the practice.
Persons: Sharon Bell, Goldman Sachs Organizations: Companies Locations: European
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings season showed things aren't as bad as people thought, strategist saysSharon Bell of Goldman Sachs discusses the latest earnings season, which she says went better than expected, and weighs in on the outlook for the economy.
Persons: Sharon Bell, Goldman Sachs
Expect more interest rate hikes in the UK, Goldman Sachs says
  + stars: | 2023-06-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect more interest rate hikes in the UK, Goldman Sachs saysSharon Bell, European strategist at Goldman Sachs, says the U.K. labor market is "super tight" and inflation is sticky.
Persons: Goldman Sachs, Sharon Bell Locations: European
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs strategist says 'not surprised' at widening range of profit forecastsSharon Bell, senior strategist on Goldman Sachs, said she is "not surprised" by the widening range of profit forecasts from companies as consumer spending habits continue to evolve in a rising interest rate environment.
Bank stocks are "inexpensive," and commodity companies look "cheap" in this high interest-rate environment, according to Goldman Sachs' Sharon Bell. Bell, a European strategist at the investment bank, said the two value sectors are set to do well as economic growth remains robust. Goldman forecasts global GDP to grow slightly above 2% this year — higher than was forecast by economists just a few months ago. Strong growth means that central banks are likely to keep interest rates higher for longer, according to Bell, and "that will be good for the banks." Higher interest rates allow lenders to increase their net interest margins — a key measure of bank profitability.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs strategist says these sectors look 'inexpensive' and 'cheap'Sharon Bell, European strategist at Goldman Sachs, said two value sectors are set to do well as economic growth remains robust.
Now, under a new prime minister, the government is pledging fiscal austerity, accompanied by an increase in the corporate tax rate to 25%. Photo: Agence France-Presse/Getty ImagesWith the latest change, the corporate tax rate has flip-flopped four times in less than a year. The tax increase, from the current rate of 19%, will apply to companies with annual profit of more than £250,000, equivalent to more than $307,000. We know it is increasing to 25%.”The U.K. government’s change brings the corporate tax rate in line with those of other large economies. Photo: Jason Alden/Bloomberg NewsU.K. companies’ costs are rising on multiple fronts.
Now, under a new prime minister, the government is pledging fiscal austerity, accompanied by an increase in the corporate tax rate to 25%. Photo: Agence France-Presse/Getty ImagesWith the latest change, the corporate tax rate has flip-flopped four times in less than a year. The tax increase, from the current rate of 19%, will apply to companies with annual profit of more than £250,000, equivalent to more than $307,000. We know it is increasing to 25%.”The U.K. government’s change brings the corporate tax rate in line with those of other large economies. Photo: Jason Alden/Bloomberg NewsU.K. companies’ costs are rising on multiple fronts.
Central banks are relentlessly hiking interest rates to rein in inflation — even at the expense of economic growth — prompting fears of a recession. "Concerns on sticky inflation and a tight labor market have focused investor attention on implications for rising rates and recession risk. Those stocks have high and expanding cash return on capital invested and return on equity, according to the bank. BlackRock says that's now an 'obsolete' strategy Investors keen to add growth names to their portfolio could also look to Goldman's list of high growth stocks. The bank also identified high growth names that are trading at an attractive valuation, including Watches of Switzerland and Standard Chartered .
The British pound continued its slide against the U.S. dollar this week, hitting a new record low against the greenback Monday. Goldman Sachs European strategist Sharon Bell said the bank expects the pound to trade at around $1.05 over the next three months. Winners Secker is overweight the blue-chip FTSE 100 , which he believes is "arguably the ultimate 'weak FX' play." "The losers in the U.K. are the small-and-mid cap companies that are importing raw materials, which has now become more expensive. The FTSE 250 , which is more domestic than the FTSE 100, will also tend to suffer, all else equal, as sterling falls," Bell said.
Total: 14