Hints and tips:
...“It is a market-leading business with a distribution advantage and a cost advantage [over rivals]....
...Some recent data from managed pubs indicated that 42% of pubs and bars opened on the 4th July w/e; of those that opened, trade was -45% vs prior year w/e. US - strong off-trade....
...Noting markets down c20%+ ytd (e.g....
...‘Brand First’ really is a thing here and IS important Track record at MONC over the last decade is reassuring in terms of pricing, distribution and sell-out....
...Here’s Commerzbank: Equity markets staged a decent rally last week with e.g. the S&P 500 up 10.4% w/w, and weekly trough to peak performance exceeding 20%....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...nickel) or downstream (e.g. smelters) assets medium term; it recently placed the Metalloys Mn alloy smelter on care & maintenance....
...[W]e move our valuation one step forward along the cycle from a 50%/50% weighting for a midcycle/trough cycle valuation to a 100% mid-cycle weighting....
...The growth of the Zyn brand in the US (led by distribution gains and an improving rate of sale) has been a key company driver....
...We don’t expect dividend cuts with 1Qs and believe cash cycle flex, gearing headroom are sufficient to defend distributions over a 12-18M trough....
...The most disconcerting aspect of the Brexit process remains the absence of what George H.W....
...On Tuesday 25 September, IGC announced:. . . it has executed a distribution and partnership agreement for several products including a sugar free, energy drink called ‘Nitro G’....
...M&G is setting up “a new legal corporate structure” in Luxembourg that will be staffed by about 30 additional hires in legal, compliance and risk roles....
...• Oliver Wilson has moved to M&G as head of asset-based lending for the £282bn investment arm of Prudential, the UK-listed insurer. He previously worked for Royal Bank of Scotland....
...“We are likely to get significant capital inflows,” said G Pradeepkumar, chief executive of Union Asset Management, the investment arm of India’s seventh-largest bank, shortly after the currency overhaul...
...I think they have lost a lot of that . . . even W got a little off point.”...
...Mr Lynes worked previously for M&G Investments....
...• M&G Investments has hired Tristan Hanson as a fund manager in the multi-asset team....
...• M&G Investments has hired Ominder Dhillon as global head of institutional distribution. Mr Dhillon has moved to the £256bn investment arm of Prudential, the UK insurer, from Impax Asset Management....
...Cost of Goods Sold is linked to inventory (e.g. inventory is the product being sold)....
...Mr Worthington, a former head of European equities for M&G, joins from RiverCrest Capital, a London-based boutique....
...P&G is investing in manufacturing to serve African consumption growth....
...Its charismatic founder Rob Terry attracted not only small-money private investors, but institutions such as M&G and hedge fund Algebris....
...“Choosing the right site is not only about distribution but knowing who your neighbours will be.”...
...The buyers beat off competition from a fund management consortium, W&G, fronted by former Tesco finance director Andrew Higginson; and a joint bid from private equity groups Anacap and Blackstone....
International Edition