Hints and tips:
...If I bought pizzas that were “buy one get one free”, I would sell two. I had to retake my A/S and A-levels multiple times to get passable grades, because I had put my efforts into trading....
...L-T....
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
...Franklin’s childhood was dominated by her father C L Franklin, a Baptist minister and celebrity preacher, who took her on the road with him on his “gospel caravan” tours when she was 12....
...Here’s Numis: New business wins were ahead of expectations due to gains in C.Europe (stations in Holland and France) and N.America (three airports)....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...through the P&L....
...We expect EPS to fall c.40% YoY. We think the revenue growth outlook for Europe is as bad as the GFC, N. America could fare slightly better. Preference for FCF, superior ROIC in challenging macro....
...Lots and lots of companies have numbers including Spire Healthcare, GVC, Schroders and Domino’s Pizza. ... Saga doesn’t know what to tell you about Covid-19. ......
...Private equity has benefited enormously from America’s addiction to athleisure and it’s not done yet....
...Here’s UBS: [T]he company expects “further good progress in the year”, signalling earnings growth (consensus EBITA at c£680m, up 8% y-o-y)....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...In confectionery, Nestlé lacked scale and was a “distant number four”, said Laurent Freixe, vice-president for the Americas....
...He is the author of High Rollers: Inside the S&L Debacle, Practical Handbook for Bank Directors, Debt Spiral: How Credit Failed Capitalism, and InStAbILItY: Booms, Busts, the Fragility of Banks, And What...
...But it was L Brands that led the gains on the benchmark S&P 500, rising 11 per cent to $47.85....
...Angel L....
...C’mon down y’all and live in a Wilsonville, a settlement conceived by Legal & General’s CEO Nigel Wilson....
...“The misconduct included concealment from L-3’s Corporate staff and external auditors.” L-3 shares declined 12.27 per cent to $104.96....
...Valeant shares closed overnight at C$141.04 in Toronto....
...the latest attempt by U.S. healthcare companies looking to acquire overseas rivals partly to lower their tax rates....
...(Financial Times) “Thousands more victims of Bernard L....
...The film also featured an early appearance by Eddie Murphy’s street poet Tyrone Green (“C-I-L-L my landlord”)....
...Walter, a commissioner at the S.E.C., may step in to serve as interim chairwoman until a new one is confirmed....
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