Hints and tips:
...Dave Lewis, Tesco chief executive, has reinvigorated the chain following a loss of competitiveness and an accounting scandal....
...When Dave Lewis arrived at Tesco in 2014, Britain’s biggest grocery chain was an empire stretched thin, dabbling in far-flung businesses and publishing mis-stated accounts....
...Dave Nadig, chief executive of ETF.com, was quick to point out that the S&P 500’s market capitalisation is roughly $22tn, while the assets in ETFs that track all US equities are less than $1.5tn....
...To keep growing they had to go international,” says Bruno Monteyne, an analyst at Sanford Bernstein. “That view has changed,” he adds....
...Bruno Monteyne, an analyst at Sanford Bernstein, agreed that “Tesco’s recovery remains on track.”...
...Settling one of the two US shareholder actions is welcome news for Dave Lewis, chief executive of Tesco, who is battling to turn round Britain’s biggest retailer....
...“Kitchen-sinking is a broad word,” said Bruno Monteyne, analyst at Sanford Bernstein....
...Bruno Monteyne, an analyst at Sanford Bernstein, said Thursday’s announcement represented only the first steps. “It’s a turning point in the road,” he said....
...Dave Lewis, the new chief executive of Tesco, wants to put a stop to “diving for the line”....
...Dobbies garden centre could be attractive to a mid-market private equity group, and analysts at Sanford Bernstein value it at £180m....
...Bruno Monteyne, analyst at Sanford Bernstein, said he expected property writedowns of £1bn at Tesco, possibly rising to as much as £2bn....
...Dave Lewis, chief executive of Tesco, said on Monday that a £1.1bn estimate of first-half profit, issued less than a month ago, had been overstated by £250m....
...But now Dave McCarthy, analyst at HSBC, says: “The space race has more than evolved now. It is really coming to an end....
...Dave McCarthy, analyst at HSBC, says: “Morrisons lacks scale and is caught between a rock and a hard place.”...
...When Dave Lewis takes over as chief executive of Tesco from Philip Clarke in October, there will be one issue at the top of his to-do list: price....
...They want to preserve cash flow too,” says Dave McCarthy, analyst at HSBC....
...“The combination with RBC provides opportunities to leverage our existing strengths and cross-sell capabilities,” said Dave McKay, head of RBC’s personal and commercial banking group....
...a broad 5 per cent pay cut and the outsourcing of internal support operations that have clearly battered morale at the company once famed for “The HP Way”, a respectful atmosphere fostered by founders Dave...
...“Results were weak – missing on revenue, margins and margin guidance, balanced mostly by a rise in the dividend pay-out,” said Scott Geels, senior research analyst at Sanford Bernstein....
...Scott Geels, senior research analyst at Sanford Bernstein, said he believed ASML would continue to benefit from the faster growth of lithography compared to the overall semiconductor industry....
...That view was echoed by Scott Geels, senior research analyst at Sanford Bernstein. “STM is losing market share due to obsolescence of its business model....
...But Andrew Wood, senior research analyst at Sanford C. Bernstein, questioned whether the stock deserved to be trading at a premium of more than 30 per cent to its peers....
...This week I received a copy of Let Go To Grow by Linda Sanford, a senior vice-president at IBM, and co-author Dave Taylor....
...Andrew Wood, analyst at Sanford Bernstein, suggested the pair could both look at bidding....
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