Hints and tips:
...L’Europe, c’est moi Emmanuel Macron has left no doubt that he wants to lead a Europe with more swagger in its step as he takes over the EU’s rotating presidency, writes Sam Fleming in Paris....
...The Pompidou, with its scale and its vision of a radical openness, changed conceptions of what a cultural building could be....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...Because of its merger with Sprint in Apr-20, TMUS's portfolio of spectrum below 6 GHz is now c.3x that of Verizon and c.2x that of AT&T....
...at the ‘C-suite’....
...Increased focus on the home, reversing some L-T adverse trends....
...We estimate Whitbread's annual rates bill is c.£120m, equivalent to c.35% of FY20e PBT (Feb YE). Mitchells & Butlers' rates bill is also around c.£100m, c.50% of FY19 PBT (Sep YE)....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...Industry repair costs are still going up but accident frequency has fallen since March, unsurprisingly, with pricing trends remaining stable....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...General Fusion also secured an additional C$50m (US$38m) from Canada’s Strategic Innovation Fund, it said....
...(WSJ) News round-up Iliad chairman fined €600,000 for insider dealing (FT) Allianz in exclusive talks to buy L&G’s general insurance unit (FT) Sprint, T-Mobile push back deadline to complete merger (...
...“If there ever were an antitrust case where the parties had a dramatically different assessment of the current state of the relevant market and a fundamentally different vision of its future development,...
...“Oui, oui, oui, c’est magnifique.”...
...And in 1918, Britain had the best tanks in the world, a clear vision of how to use them and, in Fuller, one of the best military strategists to emerge from the British army....
...The bank is hardly in the clear, however, having reached a $101.5m settlement with US authorities over attempts to manipulate forex markets....
...Nigel Wilson, L&G It is critical that we maintain the principle of a unitary board and the accountability of all board members....
...David Cameron attempted to woo voters from ethnic minorities as he set out a vision to increase the number of jobs, apprenticeships, university places and start-up business loans for ethnic minorities by...
...Milan Kundera, a novelist noted for his own philosophical vision, is similarly wary of what he calls “the novelistic illustration of ideas”, as seen in Camus’ L’Etranger (1942) or in Sartre’s La Nausée (...
...Andrew Wood, a sector analyst at Sanford C. Bernstein, said: “Management has been very clear that its current guidance of SFr2-3bn for M&A annually still stands and has not changed.”...
...During his childhood, he was thought to be the son of the Man From U.N.C.L.E. star Robert Vaughn, until a DNA test in the 1980s proved otherwise....
...In these canvases you can see in the palette, the organisation of the space and especially in the little human figures scurrying about their business a foreshadow of L. S. Lowry....
...Some may find Ford’s selection just a little safe, but it still makes the variety and vigour of the form clear. We can sample the subversive fantasies of Donald Barthelme and T.C....
...This means the education needs to reinforce the underlying vision and strategy, while encouraging experimentation....
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