Hints and tips:
...C-suite Life Which finance industry tycoon helped bankroll Maroon 5’s first record? What generation of Johnson to run Fidelity is Abigail Johnson?...
...Campaigners and politicians have also called for curbs on executive pay as the gulf widens between the C-suite and lower level employees....
...Power and Progress: Our Thousand Year Struggle over Technology and Prosperity by Daron Acemoglu and Simon Johnson (John Murray/PublicAffairs) Technological progress does promise a better future....
...Roughly 80 per cent of the more than 430 S&P 500 constituents that have reported first-quarter results beat estimates....
...C Vijayakumar, chief executive of HCL Technologies, cautioned of the “imminent danger of accelerating deglobalisation”. Foreign affairs were top of most executives’ minds....
...Extracts from his discussion with Alix Steel and Guy Johnson: AS: Were you aware of this risk when using the platform?...
...(Andrew Edgecliffe-Johnson) Big business to governments: more regulations, please You know that policymakers and regulators have really dropped the ball when big business coalitions start pleading publicly...
...Good news for Prime Minister Boris Johnson’s sales pitch to boost post-Brexit investment: one of Canada’s largest pension fund managers has unveiled plans for a C$15bn (US$12bn) spending spree on private...
...Yet it has paid an effective tax rate of 16 per cent over the past eight years, he said, compared to the 47 per cent paid by triple-C rated Universal Health Services....
...Late last month, S&P scored a big acquisition with its $44bn purchase of IHS Markit, which will help the credit rating company incorporate emissions data into ESG scores (S&P acquired RobecoSAM’s ESG ratings...
...Additional reporting by Alistair Gray Letter in response to this article: Trump’s fundraisers must share some of the blame / From David C Speedie, Charlottesville, VA, US...
...Each company is given a rating from triple-A to triple-C based on its exposure to industry-specific ESG risks and its ability to manage those risks relative to its peers....
...Top business school reads Covid vaccine breakthrough fuels broad global equity rally S&P 500 closes up 1.2% after big shift from tech stocks into economically-sensitive sectors Johnson tells Cummings to...
...And Deutsche goes cautious on Johnson Matthey post Thursday’s results....
...Johnson, Berwickshire Crossword 16,419: Paul Rock, Walden, England; James Simpson, France; Hugh Guilford, Buckinghamshire, England Polymath 1,064: Michael Foottit, London Crossword 16,413: James Leaver...
...“My friends, I am not a communist,” said Boris Johnson....
...The S&P 500 pharmaceuticals, biotech and life sciences index has outperformed the broader S&P 500 index this year, while the Nasdaq biotech index has done the same....
...At our PT, the stock would trade at an average 2020/21 P/E of 7.9x, -17% vs. last 24M average P/E; this discount is justifiable, in our view, given Centrica's tight balance sheet. • Updates to follow....
...We expect underlying FCF of c.>€1.1 bn in 2021E and FCF to be positive ex WC from 2022. Valuation - Renault trades at c.4.2x 2021E P/E, a c.10% discount to its 3-year median....
...RBC Fundamental View: Frasers has a strong position in UK mass market sports retailing and has freehold asset backing (c.£1bn), plus a now c.£200mn stake in Hugo Boss....
...More strikingly, the poll found 80 per cent of those executives think that C-suite incentives should be more closely tied to long-term stakeholder metrics, rather than to shareholder returns alone....
...However, with limited upside to our price target on c.15x P/E 2020E, we downgrade to Hold....
...Facebook, which was dropped from the S&P 500 ESG index last year, has set up a $100m grant programme to support small businesses hit by the coronavirus....
...Overall the measure should save c. EUR15bn-20bn of ET1 or c. 20-30bp on average for the banks we cover. We continue to believe that the sector has c. EUR300bn of excess capital above SREP and c....
...Here’s how things are looking early on, with the wires putting a fairly mild knife-catching rally on European death tolls potentially slowing a bit and sterling weakening on Boris Johnson’s hospitalisation...
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