Hints and tips:
...Register to hear the FT’s Ben Hall, Chris Miller and guests discuss how and when the conflict might end. The UK’s winter of industrial unrest rumbles on....
...Avast currently trades at 21x FY21e P/E or c. 5.5% FCFF yield, a level we continue to view as attractive vs. the wider software sector, especially given WFH benefit as well as optionality around M&A/buybacks...
...Le problème de la France c’est plutôt un problème de construction des inégalités, c’est pour ça que c’est par l’éducation et le social qu’il faut le corriger, mais c’est la formation des inégalités....
...However, with limited upside to our price target on c.15x P/E 2020E, we downgrade to Hold....
...at the ‘C-suite’....
...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....
...What happens further down the P&L is largely a question of capital structure, but it appears most will be either loss-making or make only marginal PBT....
...through the P&L....
...This yearning lover saw lots of operational synergies with the construction market....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...As a result, Ashtead now sees PBT for the financial year ending Apr-20 to be c£1,050m (-10% vs. previous consensus c£1,170m)....
...Company commentary supports our view of limited direct impact to P&C : Hannover Re: noted a potential €200m loss across P&C and L&H; Munich Re: noted a €500m loss should all the events it covers for communicable...
...Results from L&G, TT Electronics and Elementis. ... Hostelworld and Wizz Air both give light warnings due to the obvious. ... Malarkey Tuesday. ......
...Reading a list of recent acquisitions, Grynsztejn reels off artists from Egypt, Argentina, Lebanon and Portugal, as well as African-American artist William Pope L....
...“Or maybe”, smiles de Venoge’s chief executive Gilles de la Bassetière, “we should call it a C&C — chambres avec champagne.”...
...Angel L....
...“I’m at my happiest with the P & L, a balance sheet, and a customer.” The new president of the business lobby group is certainly a very different animal from his predecessor, Sir Mike Rake....
...Adjusted operating profits at Gorgonzola Hall, as Victorian brokers dubbed the bourse, are 27 per cent higher at £366m. The dividend increases 11 per cent to 10.8p per share....
...The productivity growth rate of US hospitals has been underestimated by the official data, which fail to properly adjust for the severity of patient illness, according to a study by John A Romley, Dana P...
...Peter Grauer, Mr Bloomberg’s successor as chairman of Bloomberg L.P, earlier this month embarrassed the Labour party by signing a letter in support of the Conservatives only a day after Ed Miliband launched...
...Fifty-nine companies have been shortlisted for overall winner in their category, with the winners to be announced at an event at the Royal Albert Hall in London on July 8, and published in the Financial...
...A gloriously bizarre touch is lent to the Festival by Jean Michel Bruyère’s Une Situation Huey P. Newton, a sprawling piece of performance art in the unglamorous urban environs of the Bois de l’Aune....
...The coffee table, desk and side tables are heaped with books, as is the replica electric chair in the hall....
...L&G would be the biggest single beneficiary from a compromise, it said. The broad advance also favoured stocks with recovery potential. British Airways led blue-chip risers, up 7.2 per cent to 188¼p....
...Galen H.C. Liu Devesh P. Shah...
International Edition