Hints and tips:
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...For example, Dominic Rowles, an ESG analyst at Hargreaves Lansdown, recommends a global tracker fund like the L&G Future World ESG Developed Index or, as a more conservative option, the BNY Mellon Sustainable...
...The newest hotel in Venice, Violino d’Oro (violinodoro.com; doubles from €658) is close by, as is the Pensione Accademia (pensioneaccademia.it; doubles from about €300)....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...and this year announced the investment of €1mn in the Himalayan Regenerative Fashion Living Lab, which helps develop regenerative farming and support textile makers in the area. brunellocucinelli.com D...
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...hopes to totally reboot it in the Eternal City, with Sicilian superchef Ciccio Sultano overseeing culinary offerings, a rooftop bar with 360-degree views, and decor that channels ebullient Man from U.N.C.L.E...
...L&G said there were no defaults and just 0.6% downgraded to high yield (vs market which saw 1.5%). We note L&G has a very high quality corporate bond portfolio with an average rating of single-As....
...And then I think over a period of time I'd like to think we'll excel in those areas....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...: Chris Todd-Davies, Reading; Elaine Chance, Tamworth, Staffordshire; M Rennie, Aberdour Polymath 1022: Elayne Murphy, France Crossword 16,164: Robert Langston, Somerset; Allen Boxer, Berlin; Anthony G...
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...Current company-compiled consensus expectations are for revenue decline of c.7% for FY20 and EBITDA decline of c.15% (i.e. revenues of £516m and EBITDA of £115m)....
...at the ‘C-suite’....
...PPHE (d/g to Hold, PT reduced £11.50) - Valuation gap stays: PPHE trades at a 50% discount to FY19 EPRA NAV (£25.46). We believe it will take longer for the valuation gap to narrow in this environment....
...We keep our preference for LHN, CRH and KSP, and remain cautious on HEI and TPK which we d/g to relative UW....
...Sometimes from our investor conversations, GILD internal R&D gets less credit than it probably should....
...Increased focus on the home, reversing some L-T adverse trends....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...We believe oil use is now down 8m b/d, coffee down c.10% and even gold sales to EM CBs are down....
...C is for centralisation — which is always going to be quicker and cheaper than blockchain. D is for divorce — for when your better half finds out what your savings are invested in....
...And with value likely to outperform both in the mild and severe scenarios, AXA is the pick among the multilines, L&G’s favoured in life, plus Prudential....
...Alors, it was ne pas bon d’entendre Ms Laury dire la même chose aujourd’hui: We estimate a c.2% LFL impact from business disruption during H1....
...Elemis, Pro-Collagen Marine Cream SPF 30, £82 The classic (and quite pricey) Collagen Marine Cream now comes with an SPF. The texture is similarly light and makes the complexion appear firm and even....
...Alors, it was ne pas bon d’entendre Ms Laury dire la même chose: “We estimate a c.2 per cent LFL impact from business disruption during H1.”...
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