Hints and tips:
...Management guides to c£60mn of net benefit in 2H (c£78m extra costs offset by six month business rates relief of £137mn)....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...I mean, the World Bank is saying that we might need over 3bn b tonnes of new metal to achieve the 2-degree C future. But where's all this copper, cobalt going to come from?...
...Credit uncertainty remains the greatest risk for UK life insurers, including L&G, with COVID and Brexit both likely to exacerbate credit concerns....
...at the ‘C-suite’....
...Morrison states that LFL sales growth for the first six weeks of the new financial year is 5.0%, having been flat after 4 weeks, implying that LFL sales are up c+15% over last two weeks....
...At this stage, we think Tesco has the strength to sustain the level of earnings seen in 2019-20, although it looks less well-placed to benefit from the crisis than Morrisons/Sainsbury in our view, as both...
...Hence, we raise exposure to Chinese equities, both onshore and offshore....
...Both Peloton and Equinox count private equity group L Catterton among their backers....
...J F C Fuller did not invent the tank....
...Peter Gettins, product manager at L&C Mortgages, says locking in to record low rates now would be very appealing but sadly it’s not possible to secure a mortgage for a property that won’t be completed for...
...Mr Knox’s hire by Simpson Thacher follows similar moves by Charles Duross, the former head of the DoJ’s anti-corruption team, who joined Morrison & Foerster this year, and Mythili Raman, the DoJ criminal...
...Meanwhile, Sir Ken Morrison built his family’s three egg-and-butter stalls in postwar Bradford into the Wm Morrison supermarket chain....
...Valves Group All3Media International Allstate Northern Ireland Ampetronic A-Safe (UK) Aspen Pumps Axis Productions B The Berkeley Group Holdings BT Technology, Services and Operations Bute Fabrics C...
...The latest watch, released last year, is the Please Issey Miyake (£199) by Jasper Morrison, who was inspired to create a pleated surround for his timepiece after seeing one of Irving Penn’s photographs of...
...In the latest auction, last September, the winner was Franklin Petroleum, a tiny outfit based in a village near Oxford that secured rights to more than 9,000 sq km for just C$7.5m....
...Citigroup reckons the supermarket giant has a more aggressive policy than its peers with regard to: Revenue Recognition - were the IFRIC 13 standard included in Tesco’s 1Q10/11, LFL growth would have been c-...
...Opening on Wednesday with a children’s concert by Sliding Hammers, the festival boasts Mary J Blige, Patti Smith and Van Morrison among its guests....
...Some of these funds are based offshore, which brings an added tax advantage (see right)....
...The highest grade – a C+ – was awarded to Hermés, L’Oréal, and LVMH. There is no established methodology for assessing the industry’s performance in the ethical and environmental area....
...THE MARCH by E.L....
...BOULEVARD DE L’INDEPENDENCE Toumani Diabate’s Symmetric Orchestra World Circuit Malian kora virtuoso in full flight with a pan-Mande band....
...Non-commital Sir Ken Morrison, chairman of Wm Morrison, meets David Jones, his independent deputy chairman, to run through the list of possible non-execs....
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