Hints and tips:
...“In the US, the Servicemen’s Readjustment Act (the ‘G.I. Bill’) upskilled millions of World War II veterans to address postwar labour needs....
...And Russia’s invasion has also highlighted another point: the problems of reconciling “E” with “S” and “G” in a unified way....
...P&G, the world’s largest consumer goods company, bought the vitamins and supplements business of pharmaceutical group Merck for $4.2bn in 2018....
...Results from L&G, TT Electronics and Elementis. ... Hostelworld and Wizz Air both give light warnings due to the obvious. ... Malarkey Tuesday. ......
...At 8.3x 2021E P/E, 5.5x EV/EBITDA and 10% FCF yield, WPP trades at a 42% P/E discount to the market (vs. 3Y median discount of 29%) which we believe does not reflect earnings rebound potential and self-help...
...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....
...And, for some UK airports they have lost their largest customer (e.g FlyBE represented 96% of the capacity at Southampton in 2019)....
...“No industry is safe from Silicon Valley,” CB Insights wrote in a report in February, saying that consumer-goods companies such as Unilever and P&G should “watch their back”....
...Cocktails, from G&Ts to Kenya’s trademark dawa — Swahili for medicine and packed with vodka, honey and lime — are served in jam-jars under a roof of trees in an outdoor yard....
...One solution would be for the board to endorse the M&G four and M&G to support a pair of independents put up by the board....
...L&G closed up 7.2 per cent to 134¼p as investors interpreted the move as a statement of confidence in the outlook for UK demand....
...20 won’t have Europe aid deal at Feb meeting, Meade says * Turkey pushes for new action on Syria * Putin gives clue to veto of Syria sanctions * S Africa looks at ways to use mineral wealth * Egypt to...
...pushes for new action on Syria * Putin gives clue to veto of Syria sanctions * S Africa looks at ways to use mineral wealth * Egypt to deploy soldiers, tanks ahead of strike * Bulgaria and Romania warned...
...Traders said P&G wanted an exclusive agreement for Pursuit’s reactor technology but the UK company has been reluctant to a sign a deal unless there is a significant fee involved....
...Traders said M&G had disposed of most, if not all, of its holding in the environmental consultancy....
...L&G stood to benefit from potential reform of the independent financial adviser commission system because its exposure was to third-party asset management rather than life insurance products, Nomura said...
...Nomura raised its target price on L&G to 171p, helping the stock climb by 3.3 per cent to 122¾p....
...The stock gained 11 per cent in a fortnight amid talk that M&G, Prudential’s fund management division, may attract predatory interest. The FTSE 100 slid back from its highest level since May 2008....
...Lloyds Banking Group fell 1.3 per cent to 63¼p and Royal Bank of Scotland lost 1.8 per cent to 44¾p in spite of speculation that the government could cut its stakes via “convertible gilts”, which would...
...The broker repeated “buy” advice on L&G shares. The wider market struggled for direction on volumes that were about a third lower than average....
...Mineral-rich Chhattisgarh, where companies such as Tata Steel, and Essar are eager to start mining operations, is “ground zero” of the battle. G.K....
...L&G, the UK insurer most exposed to annuities, climbed 5.1 per cent to 77p while Aviva rose 2.9 per cent to 390¼p....
...Resolution ended 0.6 per cent adrift at 86¼p while L&G was 2.2 per cent higher at 84¾p. Miners helped the wider market trend with the FTSE 100 closing higher for the first day in three....
...Traders continued to believe that Resolution, up 0.8 per cent to 93½p, was the most likely predator for L&G once it finishes digesting Friends Provident....
...Shares in L&G closed up 7.6 per cent to 61¼p, supported by apparently spurious gossip that it could sell or split its investment management business....
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