Hints and tips:
...Likewise, for auto loans, people in their 30s are now falling behind on their loans at a faster pace than during the pandemic....
...Most workers in the UK will now be in an auto-enrolment pension scheme....
...CD&R raised some of the $4bn it used to purchase its own Belron stake from this market, though The Access Group deals did not tap it....
...two more Cube Concept used car centres and roll out repairs to another 50 sites....
...“The pandemic really spurred private equity firms to evaluate continuation funds,” said Sunaina Sinha Haldea, global head of private capital advisory at Raymond James....
...In the Autumn Statement, I announced the first state-financed investment in nuclear for a generation, a £700 million investment in Sizewell C....
...And to maintain minimally acceptable public services....
...For Europe, where the auto industry accounts for a stunning 31 per cent of all R&D spending, this is a shocking message”) but with the damage already done things can and probably will improve....
...Yet, as the chief executive of the official advisory body, the Climate Change Committee (CCC), said at the time, “The government is nowhere near achieving current targets.”...
...Savings are expected to be greater than £100m vs. previous guidance of c£100m....
...GILD’s c$15bn cost base vs $11bn core op.income, of which c$5bn lies in R&D/SG&A), but also require very significant job cuts at a time of global economic hardship....
...Perhaps something like an advisory to buy growth, quality and defensives. Unrelatedly, here’s the latest from HSBC: 1....
...However, we must also remember that the biggest single console game ever, Grand Theft Auto, went through a similar process....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...Nine businesses within Capita’s Specialist Services division are namechecked....
...UK recovery will be slower than peers: (a) larger service sector: (b) weakness of business investment: (c) lack of clear social distance messaging....
...We still see further downside to Lufthansa and AF-KLM, as these are the most likely to see balance sheet repair. How long can recovery take, we looked at 9/11?...
...It urged countries to scale up plans; beef up regulatory systems; invest in R&D; and phase out antimicrobials used to promote growth in agriculture....
...Alfredo Porretti, formerly an investment banker at Morgan Stanley, will be head of shareholder advisory....
...Media veteran Spencer Neumann has been hired at Netflix to become the streaming service’s new finance chief....
...Last year the company made R$135m ($36m) of net profits from its services businesses, against R$778m from insurance....
...Woo will also join C-Bridge-backed biotech firm Everest Medicines as its president and chief financial officer....
...Who brought down Toys R Us?...
...Successful turnround projects include F&C Asset Management and Electra Private Equity . Our colleagues at Lex think he has the capacity to "Make Barclays Great Again" (read the piece here)....
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