The company has decided to cancel its DVR shares meant for simplification of capital structure, potentially narrowing the discount between two securities. Interestingly, ordinary shares are also likely to see an earnings upgrade from improving margins at its UK subsidiary Jaguar Land Rover and the domestic business.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend