Hints and tips:
...A tank dress in putty-coloured sequins and baguette rhinestones presented a more wearable option for the Oscars, (perhaps minus the trompe l’oeil outline of boxer shorts)....
...In 2018 Marshall’s “Past Times”, black figures picnicking and boating in reference to Monet’s “Déjeuner sur l’herbe” and river idylls, sold to rapper P Diddy for $21mn....
...If you weighted all the stocks in the S&P 500 equally, it would be up about 5 per cent so far this year....
...Read on for why boards and executives need to oversee corporate culture as well as the P&L, and in Office Therapy I advise a worker without children doing a lot of extra cover for the mothers on her team...
...Plot the S&P 500 index return against the Nikkei 225 from just before the pandemic....
...In July, Federation Internationale de l’Automobile, allowed the cap to be increased by 3.1 per cent this year. Next year’s constraint has also been loosened. Some teams say that’s not enough....
...A lot is said about how the Bloomberg user interface is increasingly dated, looking like something out of an episode of Dallas....
...Wall Street’s benchmark S&P 500 share index closed up 2.6 per cent, while the technology-heavy Nasdaq Composite added 2.3 per cent....
...A: Star Wars: The Phantom Menace A family-run English agrifood SME attempts to pivot to a more profitable business model....
...Cruise has refused to acquiesce to the wisdom that the elder actor should hand over his star power....
...Texas manufacturing: A regional survey from the Dallas Federal Reserve will give an insight into the Lone Star state’s manufacturing activity....
...They join Tesla, Oracle and Hewlett-Packard who have all moved to the Lone Star state in the past few years....
...There’s no doubt Charles de Vilmorin is a fast-rising star of Paris fashion. In April 2020, aged 23, he launched his eponymous label on Instagram, mid-pandemic....
...“[L]ike what happened at the Arab Spring.”...
...Other stars include Delivery Hero, the Berlin-based online food supplier, and Shop Apotheke, a Dutch online pharmacy....
...L in Hollywood”....
...In the US, star bosses often lead the board of the company they run. But shareholders are becoming less deferential....
...I know my way around a P&L, though when I gave up life in the boardroom to become a full-time comic and public speaker the one commodity I didn’t anticipate running out of was the public....
...Vindication for the rock star fund manager at a time of passive investment, says Lex....
...The Lone Star state led the rest of the country in both supply and demand in recent weeks — shutting wells to curtail output and driving consumption higher as it loosened its lockdown....
...Even Bill Gross, the former Pimco star, said his favourite sector for 2020 was mid-stream energy stocks such as Energy Transfer, a Dallas-based pipeline operator, and MPLX, a vehicle formed by Marathon Petroleum...
...This is however negligible in the wider context of the P&L and the land bank, with the impact on future gross margin of 17bps small and which will likely be mitigated....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Macy’s pointed to a womenswear collaboration with Becca Tilley, a dating show star turned social media influencer....
...• 2) On P/E metric, Cyclicals are not at extremes vs Defensives ... Their P/E relative bottomed at 0.7x and 0.8x in the last two downturns, vs 1.0x current....
International Edition