Hints and tips:
...L’Oreal’s been downgraded at Credit Suisse. Stock priced for a V-shaped recovery that’s looking increasingly unlikely, they say: Downgrade to Underperform (from Neutral)....
...We believe the group can return c.5% of its market capitalisation each year via dividends and share repurchases over FY20-22. ESG and regulatory risk? SWMA does not produce cigarettes....
...They say to favour oil companies that produce enough oil: Near-term oil price increases and rising inflation provide an opportunity to invest in E&Ps....
...The group has c.2.7x ND/EBITDA against a covenant of 4.25x....
...Substantial public investment to set the UK on a path compatible with meeting the 1.5°C climate target can underpin recovery, levelling-up and building back a better, greener, more equal Britain....
...Like a latter-day Louis XIV, Candidate Trump took a “l’état c’est moi” approach, telling Americans he would fix the country’s ills....
...protection of the law and have equal opportunity to compete and prosper in all spheres of life....
International Edition