Hints and tips:
...Rae Maile, an analyst at Panmure Gordon, said “freeing capital [from the ITC stake sale] would be useful while the company continues to prioritise debt reduction over buying in cheap shares” but he cautioned...
...Rae Maile, a tobacco analyst at Panmure Gordon, said: “BAT was an outlier in having so much brand value capitalised on its balance sheet resulting from the acquisition of Reynolds American....
...Rae Maile, a tobacco analyst at Panmure Gordon, told the FT that the announcement was “rather more elegant as an exit than the original response to the crisis”....
...Philip Georgiadis and Oliver Barnes report. Chart of the day Do exchange traded funds invested on the basis of environmental, social and governance criteria outperform?...
...Rae Maile, tobacco analyst at Panmure Gordon, said the shake-up was Marroco “stamping his mark” on the Lucky Strike and Dunhill maker....
...But beneath the boom is an underbelly of addiction of unknown proportions, reports Oliver Barnes. We’re also reading . . ....
...The next year Elliott doubled down on this trend, buying US chain Barnes & Noble for $683mn....
...Rae Maile, an analyst at Panmure Gordon, said BAT’s management had “never fully explained” why they did not press ahead with another round of buybacks from February this year....
...Rae Maile, an analyst at Panmure Gordon, described BAT’s decision not to launch a fresh share buyback programme to reward shareholders as “at best strange, at worst disconcerting”....
...Rae Maile, an analyst at Panmure Gordon, said PMI’s exit from Russia had dragged on since it was a “bloody complicated process” and the group was trying to “eke out as much value as possible for shareholders...
...Later in opposition, leading Conservatives complained that the BBC was being “taken over” by Labour “cronies” when Gavyn Davies, a friend of the then chancellor Gordon Brown, took the chair....
...Rae Maile, an analyst at Panmure Gordon, said Imperial had the “smallest presence in Russia out of the four big cigarette makers and wasn’t making any money there so it was the easiest exit to achieve”....
...Rae Maile, an analyst at Panmure Gordon, said funds had previously pivoted away from Big Tobacco as part of an ESG drive but the economic turmoil in the fallout from Russia’s invasion of Ukraine had tempted...
...closely run senate races include Arizona, where incumbent Mark Kelly is leading Republican challenger Blake Masters, while in Wisconsin, the GOP’s Ron Johnson appears to have held off Democrat Mandela Barnes...
...The idea that Blair was a shallow smoothie and Gordon Brown a deep but tongue-tied man is primitive analysis....
...Brexit has made little difference to consignments, adds fellow co-chair George Gordon, with 65 per cent of works, including the Grasset collection, coming from continental Europe....
...The 10 board members who have quit are Alexander Abramov, Alexander Frolov, Alexander Izosimov, Deborah Gudgeon, Eugene Shvidler, Eugene Tenenbaum, Karl Gruber, Maria Gordon, Sir Michael Peat and Stephen...
...Prof Anthony Gordon, an intensive care consultant at St Mary’s Hospital in London, predicted the NHS “may have to limit elective care [and] potentially cancel non-urgent operations” to deal with the pressures...
...A note from Wendy Barnes, chief people officer at the all-remote GitLab, caught my eye: remote attendees should be given roles in the meeting, so they are not left as second-class participants....
...Data journalist John Burn-Murdoch and health reporter Oliver Barnes explain why....
...Johnathan Barrett, an analyst at Panmure Gordon, said the trading update signalled “an impressive turnround” both for M&C Saatchi and the wider advertising market....
...“Tui is burning €250m-€300m a month and that’s a big problem,” Gordon said. “If nobody goes on holiday, they will run out of money by October....
...His toughest task: tempting Americans back into Barnes & Noble....
...But in a letter this week to Eugene Scalia, the labour secretary who has oversight of the retirement fund, Robert O’Brien, US national security adviser, and Larry Kudlow, the White House economic adviser...
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