Hints and tips:
...“It has definitely become more popular with our customers,” says Ida Petersson, buying director for Browns. “Martens has conquered a perfect balance between conceptual craftsmanship and wearability.”...
...“To the extent that he’s resonated at all, [Starmer] is in the same economic place as Gordon Brown,” says Raab....
...Not only would they push the energy density of battery cells beyond 1,000 Wh/L — for a driving range of 800km — but they can also handle more charging cycles before starting to degrade....
...I think the extent to which, really, Putin has become the state, it's like maybe - I might be getting the French king wrong, but I think it's Louis XIV who said, l'etat c'est moi - I am the state....
...We now have the answer: there are £120m of new facilities contingent on a c£140m raise (a new 13.7% of the share capital will be issued soon)....
...“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.”...
...Thomas Foubister, London; Michael Sweeney, Dublin; David Sands, Maryland, US Polymath 1049: Mary Whittaker, Leicester, England Crossword 16,326: Simon Dare, Surrey, UK; Max Stewart, Australia; David Brown...
...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....
...L’Oreal’s been downgraded at Credit Suisse. Stock priced for a V-shaped recovery that’s looking increasingly unlikely, they say: Downgrade to Underperform (from Neutral)....
...Because of its merger with Sprint in Apr-20, TMUS's portfolio of spectrum below 6 GHz is now c.3x that of Verizon and c.2x that of AT&T....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Also weakness in L&S. And, for Remy specifically, we should also note a Credit Suisse downgrade saying nCov may be temporary but cognac brand dilution is permanent....
...According to Bloomberg, consensus is currently forecasting PBT of c£185m (giving EPS of c6.9p) in FY 2020/21 and c.£340m (12.7p) in FY 2021/22....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...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...
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...Rose retains the end-FY21 c.14% CET1 capital ratio target (which might disappoint in the context of capital return expectations) but moves to a medium to longterm target of 13-14% (which will be taken a...
...Company co-founder Martyn Brown has said it was canned because it looked crap....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...The V-shaped recovery in consumer spending feels too bullish in our view....
...As I explore in my latest column, this isn’t going to be a V-shaped stock price recovery — I think it will be a choice between a W (probably with several peaks and valleys) and an L....
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...There was no update on its capital position at the time of the 2019 results presentation....
...As our economists have explained, on a sequential quarter-on-quarter annualised basis their US forecast shows -34% in Q2, +19% in Q3 and +12% in Q4, which looks rather V-shaped....
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