Hints and tips:
...The Stories She Wears is a six-month programme focusing on teaching practical techniques in local styles, upcycled fashion, traditional textile design and financial literacy. pradagroup.com; unfpa.org G...
...P Passing shots Things of beauty that have more or less killed off serve-and-volley tactics. Q Queue Yes, you could get some fancy corporate ticket to Wimbledon....
...“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.”...
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Credit uncertainty remains the greatest risk for UK life insurers, including L&G, with COVID and Brexit both likely to exacerbate credit concerns....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...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....
...through the P&L....
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...Increased focus on the home, reversing some L-T adverse trends....
...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?...
...N is for net present value — see “accountability”. O is for oligarchy — the new bankster mafia. P is for pump and dump — crypto's raison d'être....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...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....
...Dame Helena, who is head of personal investing at Legal & General Investment Management, said the L&G Future World Gender in Leadership UK index fund would help raise gender diversity standards in companies...
...L&G would like to invest a lot more in such properties, which serve the dual purpose of reducing housing need and giving patient investors a steady yield....
...Leverton Clarke Linguamatics Loch Fyne Oysters London Tradition Lumishore M Marco Marketing VF Maviga International (Holdings) MBDA UK Mechatherm International Melett Merlin ERD Metalube N...
...With institutions such as Schroders, L&G and Aviva on its share register, Sports Direct failed to scrape together the support that Mr Ashley needed....
...dior.com dolcegabbana.com duchamplondon.com drakes-london.com duroolowu.com uk.dvf.com E edeandravenscroft.co.uk ellman.com etautz.com F fishsoho.com franciskurkdjian.com fredericmalle.com G...
...(I) Elitehill Trading t/a Duo Energy and Power Eurobath International t/a Vado F Claire Ferris (E) Fianium (I) FilmLight (I) Filtration Control Focusrite Audio Engineering Freeman Technology G...
...: CALGARY, ALBERTA and HOUSTON, TEXAS–(Marketwire – Nov. 16, 2011) – Enbridge Inc. and Enterprise Products Partners L.P. today announced that they have agreed to reverse the direction of crude oil flows...
...Carnwath, Mary G. Condon, Paulette L. Kennedy, Vern Krishna, Christopher Portner and Edward P....
...L&G had been seen as most vulnerable, followed by Aviva (up 3 per cent to 408p) and Prudential (ahead 1.9 per cent to 605½p). The FTSE 100 rose 36.2 points, or 0.7 per cent, to 5,266.75....
...“L&G still has the highest exposure to equities among the UK life stocks we cover,” said SocGen analyst Michael van Wegen. “In addition, L&G has lower provisions against bond defaults....
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