Hints and tips:
...Now the waterfront — which forms part of Liverpool Waters, Peel L&P’s £5bn, 30-year project to transform the city’s northern docks — is taking on a new life itself....
...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....
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...P&C outperformed into the corrections in the past 8 years....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...Will Wallis at Numis can give us the detail of the strategy review: We summarise the outcome as a focus on self-help, requiring upfront P&L investment....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...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. .....
...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....
...The company has announced an interim dividend of $101m ($0.9531 p/s) and is launching a new $67.3m share buyback today....
...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....
...L, until the final CMA decision, expected on 11 May....
...Before accounting rules changed and forced companies to put equity compensation in the GAAP P&L, the underlying shares still appeared in the sections of securities filings that listed the details of stock...
...(Financial Times I) (Financial Times II) (WSJ) (NYT) Lloyds warns of Help to Buy bubble unless steps are taken to free up planning restrictions and boost the supply of new housing....
...It's not so long since investors were offered three versions of the P&L account. Clarity would be a welcome bonus from all the companies in this opaque industry....
...- Get P&L hit from the impairment and also from the 30 that was being hidden in OCI at the same time....
...The Edam Acquisition consortium, comprising Goldman Sachs Capital Partners, Mediacinco Cartera SL, Cyrte Fund II B.V. and VI, L.P., acquired control of 99.7% of Endemol Investment Holding BV from Telefonica...
...Its Global Index Bear Accelerator (SN01) produces gains equivalent to eight times the fall in the FTSE 100, S&P 500, or DJ Eurostoxx 50 indices....
...The US should manage to avoid an L-shaped recession – and may even escape with a short V-shaped recession....
...(c) to establish a National Economic Council, composed of representatives of the Parties and of the following sectors: (i) Manufacturing (ii) Agriculture (iii) Mining (iv) Tourism (v) Commerce (vi)...
...The new Rolex Yacht-Master II features a patented mechanical timer with built-in “memory”....
...Given a lack of defaults, the instruments should perform fine if one can survive the P&L volatility of the tranches....
...15 aprile p.v.) da parte dei soci veneti, nonché l’esistenza di un’azione concertata tra la Lodi e gli altri soci tale da poter configurare un obbligo di OPA....
International Edition