Hints and tips:
...At the closing of a deal, the buyer pays the seller, and gets a business in return....
...He grabs Reichman for a chat as we leave the track, as does drum ’n’ bass DJ Goldie when we run into him at the airport....
...When silversmith Colin Morrison-Ignatieff stood with six other craftsmen to present the new Elizabeth Sword to King Charles III in July, it brought full-circle a story which began over two centuries before...
...A bar full of rum and Barritt’s ginger beer for sundown Dark ’n’ Stormys....
...We remain SELLers due to concerns of heightened promotions as we head into Q4, and considering the strength of the shares the past few months, we see this reversing somewhat....
...Is Oil’s loss … At 20% of revenue, the group’s O&G exposure is a known concern....
... Telia: u/g to Neutral – cash flows, dividends have bottomed....
...CPI-linked utilities (e.g....
...And Goldman off the call: NIM 2020: Sees four impacts: (i) free overdrafts facilities coming to an end (+), n(ii) tailwind from recent deposit repricing to come through in particular in 3Q (+), (iii) continued...
...The payments system morphed into a “token” system under Basel III…as liquidity rules require large money center banks – which, under Basel III, we call globally systemically important banks or G-SIBs – to...
...M&G, in our view, now screens as the next most likely defer its dividend given the reported poor flow picture YTD and that includes a de-merger special of 3.9p (M&G under pressure as investors flee flagship...
...As expected, AstraZeneca is treating the emergence of a severe adverse event (AE) in the Phase III study with appropriate and warranted caution....
...When excluding Italy, mortality was 7% (n=23/320; 14-day time point) in the SIMPLE trial, which compares favorably to this number. ......
...And RBC are sellers of Rightmove....
...Pandora, the heavily shorted Danish trinket seller, gets an upgrade from HSBC....
...For S&N it all boils down to 2020 adjusted trading profit of $1,218bn to US$1.241bn versus a consensus of $1.243bn, so hardly a warning at all....
...Here’s RBC with the main points: Underlying EPS i n-line: FY2020 underlying EPS of 32.7p is down 6% yoy, in-line with our forecast (32.8p) and 1% below company-compiled consensus....
...’t be punitive for LCR, it will hurt banks’ other liquidity metrics and G-SIB surcharge scores....
...Airbus – cut to N from OW; remove from AFL: AIR looks in a better position than Boeing, which is also dealing with the MAX grounding and a weak balance sheet....
...G-III, which dates back to 1956 and owns licences to the Calvin Klein and Tommy Hilfiger brands, will fund the acquisition through the issuance of $75m of new stock to LVMH and a $75m 6.5 year seller note...
...G&H generated cash from operations of £7.9m, compared with £2.9m in the same period of 2016....
...More provocatively, Goldman aside, what if Vista had the correct share count for their analysis (e.g....
...The eurozone was subjected to opposing g-forces this week, namely Germany and Greece....
...Best bit: Peter Sellers (Martin produced the Goons’ recordings) reciting “It’s Been a Hard Day’s Night” in the style of Olivier’s Richard III, both satire and homage....
...Tomasi Jason G. Cahilly Hidehiro Imatsu Lora J. Price David G. Torrible Martin Cher Alan S. Kava Lorin P. Radtke Frederick Towfigh Denis P. Coleman III Dimitrios Kavvathas Richard M. Ramsden Greg A....
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