Hints and tips:
...Between 2009-10, Hays traded at an average 2 year forward multiple EV/GP multiple of 2.2x. We apply 2.2x to normalised FY22 estimates along with a DCF to derive our new PT of 145p....
...We think Dunelm (u/g to OP) is successfully managing the shift to digital while ABF (d/g to UP) has some thinking to do about its store only expansion strategy ......
...WPP will also reduce is planned capex from £400m to v£300m....
...(WSJ) ‘The song of the factory’ Marco Tronchetti Provera dances to the beat of his own drum....
...Separately, data on personal income and spending, factory orders, car sales, the trade balance and productivity will be released....
...Markets: Asia-Pacific equities are recovering thanks to a US manufacturing report that showed factories are humming in the world’s biggest economy....
...Most importantly, the pooling method avoided goodwill charges, which would have been staggering given that web companies had little in the way of tangible assets such as factories or equipment....
...(Financial Times) “Safeway Inc, the second-largest U.S. mainstream grocery store operator, said on Wednesday it is in talks about a possible sale of the company....
...Outstanding student debt doubled from 2005 to 2010, and by 2012 total student debt in the U.S. economy surpassed $1 trillion.2 The Department of Education estimated that two-thirds of bachelor’s degree recipients...
...The department store chain said Mike Ullman would return to lead the company immediately....
...A judge in Regina v....
...Call it what you will — but it’s more L-like than V....
...The kind of thing you see in Marie Claire magazine’s Spree v Steal feature....
...Mr Davies went on to perform a remarkable U-turn, deciding to stay with the retailer in November four weeks after he quit....
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