Hints and tips:
...Some would probably argue that more information is not the same as better information . . . but c’mon....
...“Is it true that triple-C firms have interest coverage ratios below 1? Definitely, but that’s always been the case....
...Today it focuses on preserving Miyake’s legacy and developing the design culture for a new generation. miyakeissey.org J is for JW AndersonBritish designer Jonathan Anderson has donated to Akt, an LGBTQ...
...Adam Abbas, the co-head of fixed income at Harris Associates, said markets were “effectively” closed for triple-C rated companies looking to raise debt, raising the spectre of “a natural default cycle”....
...With prices starting from approximately €100,000, €218,000 is the current ceiling for its Dream Edition P and R, the brand’s range-topping, limited numbers launch models....
...A total of 51 large retailers filed for bankruptcy in the US in 2020 — a decade high, according to S&P Global Market Intelligence....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...As Bloomberg pointed out at the time, that made it bigger than about a third of S&P 500 Index members. It didn’t last. The share price was largely wiped out on Thursday, plummeting 95 per cent....
...“There are three R words right now: It’s Russia, it’s recession and it’s [interest] rates,” said Citigroup CEO Jane Fraser....
...Shake and double-strain into a cocktail glass Brandy Crusta at J Sheekey 28-32 St Martin’s Court, London WC2N 4AL J Sheekey, one of London’s loveliest seafood restaurants (and refuge amid frenetic Covent...
...Fitch on Wednesday became the latest group to issue a warning, slashing Evergrande’s foreign currency credit rating from triple C plus to double C and saying that a default of some kind “appears probable...
...Nixon Chief Executive, Ocean Network Express Rolf Habben Jansen Chief Executive, Hapag-Lloyd Randy Chen Vice-Chairman, Wan Hai Lines Cheng-Mount Cheng Chairman, Yang Ming Marine Transport Corp Matthew J...
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...In 1959, the physicist and novelist C.P. Snow, gave a lecture in Cambridge called, “The Two Cultures” in which he deplored this “gulf of mutual incomprehension” between literary figures and scientists....
...1,062: Susan J Tzotzos, Austria Crossword 16,401: David Jeffrey, Edinburgh; Michael Capparis, New York; J Morton, Glasgow Polymath 1,061: Georges Moroz, Bronx, NY Crossword 16,395: David Micklethwait,...
...Our back-of-the-envelope $1.5bn WW recurring sales for AZN assumes 250m doses p.a. for developed countries at c.$6 per dose, a discount to estimated US flu vaccine revenue/dose around $11-13 given likely...
...Citi’s Q4’20 forecast for parcel volumes is +9% (vs. consensus of c.+6%) and in FY’21 Citi expects +13% (vs. consensus of c.+8%)....
...Crisis and Austerity Policy by Geoff Crocker The Uncounted by Alex Cobham Poverty is Not Natural by George Curtis Trade is Not a Four-Letter Word: How Six Everyday Products Make the Case for Trade by Fred P....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...Mais quand tout explose, votre P&L il explose avec, c’est ce qu’on est en train de vivre....
...That’s why our P is for progressive.”...
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...Or how about distressed department store chain J.C. Penny? It’s returned 195 per cent in the past week, despite filing for Chapter 11 on May 15....
...FY21 EBITDA forecasts (c.£850m), back to c.90% of pre-COVID levels, already appear more realistic....
...Overall, while the stock trades on only 0.25x P/TBV there remains no visibility on when it will generate sustainable profits....
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