Hints and tips:
...I think the extent to which, really, Putin has become the state, it's like maybe - I might be getting the French king wrong, but I think it's Louis XIV who said, l'etat c'est moi - I am the state....
...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....
...plan which includes a 30% headcount reduction and plans to shrink/close underperforming bases....
...All of which means we’re good for a V-shaped recovery that’s not yet priced in, says Exane, which then goes stockpicking....
...Back to the UK, and NMC Health has responded to Monday’s 20 per cent drop with a statement that it “knows of no specific reason for the fall”....
...Earlier this year, he sold off Nestlé’s skin health unit to private equity for roughly $10bn, and also divested a life insurance business for $1.5bn....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...More flexibility will arise in 2021E (uncommitted capex is c. 40% for 2021)....
...We cut our FY20 estimates by 22%, reflective of increasing site closures despite support from public sector clients (c.70% of work) which plan to continue paying....
...The Trump administration’s granting of state funding for (costly) COVID-19 testing for patients with no health insurance and Congress’s approval of a $8bn package to fight the spread of the virus bear out...
...We note the principles endorsed by Leaders at the Major Economies Forum in L’Aquila, Italy....
...Senator Mary L....
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