Hints and tips:
...If the country’s property bubble bursts or there is a further escalation of tension with the west, that would be a blow to the industry....
...UK national statistician Ian Diamond can even see a cliff edge in the form of an “L”. But stock market commentators have started using the language of psychiatrists....
...And Europe-focused fund managers think that even after recent price rises, the sector still has a lot to offer investors, including retail savers....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...Retail includes commercial property and liability exposures, which includes business interruption and general liability cover....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...Some chains such as Equinox, which is owned by property developer Related and private equity firm L Catterton, have agreed to suspend memberships for those affected by a closure, foregoing tens of millions...
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...Intu Properties has pulled its rescue rights issue, blaming current uncertainty in the equity and retail property markets....
...intu’s higher financial gearing amplifies the significant near-term risks from the current turbulence and uncertainty in UK retail property markets....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...L, until the final CMA decision, expected on 11 May....
...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....
...will enable further gains in property prices....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...With top-line beat flowing through the P&L, core op. profit was +8% vs cons and core EPS +12%. ¾ of the EBIT beat seems inventory related. Q: What were the most noteworthy areas in the results?...
...“Margins at mills are going to take a hit,” he adds, but downstream industries like property are a bigger concern....
...The company has announced an interim dividend of $101m ($0.9531 p/s) and is launching a new $67.3m share buyback today....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...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...
...Australia’s S&P/ASX 200 added 0.2 per cent, while in Hong Kong the Hang Seng was off 0.2 per cent....
...Ms Newton-Smith said confidence in the financial services sector had fallen, retail sector investment intentions had turned negative for the first time in nine months, and commercial property was experiencing...
...Student/school fees and property prices are substantially lower for non-EU migrants, which could support inflows....
...Peter Grauer, Mr Bloomberg’s successor as chairman of Bloomberg L.P, earlier this month embarrassed the Labour party by signing a letter in support of the Conservatives only a day after Ed Miliband launched...
...Tangle Teezer Therapy Box Thomas Miller Claims Management Tissue Solutions Travel Counsellors Turner & Townsend V Veolia Environmental Services UK Vero Software Vetted t/a Checkatrade.com Viezu...
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