Hints and tips:
...L’Occitane trades at 15 times next year’s earnings; Paris-listed L’Oréal is above 30, according to S&P Capital IQ....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...And Expedia, which owns the likes of Hotels.com and Airbnb competitor Vrbo, has struggled to make its scattered assortment of travel sites run on the same back-end technology....
...Using ETF fund data from etfdb.com and equity market data from www.cboe.com, I calculated rebalancing flows for all US equity L&I ETFs on this day to be just over US$20 billion of equities sold, representing...
...Email me at jonathan.moules@ft.com or, if you are reading this from your inbox, hit reply....
...Just go to ft.com/unhedgedoffer. I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...Revenues have been flat for the past seven years, according to S&P CIQ data, which means they are falling in real terms....
...Sheeran wins ‘Let’s Get It On’ copyright infringement trial Ed Sheeran’s Thinking Out Loud © 2014 Asylum Records UK, a Warner Music UK Company Marvin Gaye’s Let’s Get It On © 2001 Motown Record Company L.P...
...You would not stay there very long unless you boosted the P&L....
...X: @MoiraONeill, Instagram @MoiraOnMoney, email: moira.o’neill@ft.com...
...American equities recorded their longest winning streak in two years after the S&P 500 closed out July 3 per cent higher....
...Email me at jonathan.moules@ft.com or if you’ve received this in your inbox, hit reply....
...Claer Barrett is the FT’s consumer editor and the author of ‘What They Don’t Teach You About Money’. claer.barrett@ft.com Instagram @Claerb...
...Read on for why boards and executives need to oversee corporate culture as well as the P&L, and in Office Therapy I advise a worker without children doing a lot of extra cover for the mothers on her team...
...Further reading:— FT.com/Credit Suisse...
...Email: adventurous@ft.com. Twitter: @advinvestor...
...jennifer.hughes@ft.com...
...For this edition, email me at alastair.bailey@ft.com or if you received this email in your inbox just hit reply. Jonathan will be back next week....
...You can’t just look at the L part of the P&L. Secondly, who really cares anyway? Normal accounting rules don’t apply to central banks. The Fed can create money and operate with negative equity....
...Email us: robert.armstrong@ft.com & ethan.wu@ft.com....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
...If you have any thoughts or feedback about the Week Ahead, please email me at david.hindley@ft.com or if you’re reading this as a newsletter, just hit reply....
...All profits from the sale go towards the programme. michaelkors.com; wfp.org L is for LemlemModel Liya Kebede has made social change central to her fashion brand Lemlem, which she founded in 2007 to preserve...
...Just go to ft.com/unhedgedoffer. I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...Email me at jonathan.moules@ft.com or if you are receiving this in your inbox just hit reply. Economic data The UK has been exceptional among leading nations recently for all the wrong reasons....
International Edition