Hints and tips:
...Washington Results: Admiral Group FY, Aviva FY, Beazley FY, Broadcom Q1, Brooks Macdonald HY, Costco Wholesale Q2, Darktrace HY, Elementis FY, Entain FY, Funding Circle FY, Grafton FY, ITV FY, Kier HY, Kroger...
...“This is not going to be a V-shaped recovery from here given the many months [or] years it will take for full repair, but it feels good now.”...
...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, Sydney; Ardeshir Dalal, Texas...
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...Since 2016, we estimate the Kingfisher P&L has had an £81m transactional benefit from weaker sterling. FX could become a headwind once trade talks are agreed (or not)....
...L, until the final CMA decision, expected on 11 May....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...What happens further down the P&L is largely a question of capital structure, but it appears most will be either loss-making or make only marginal PBT....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Micron Technology was the S&P 500’s biggest gainer after the memory chipmaker pre-announced better than expected quarterly sales and earnings ahead of an analyst day....
...“V-” or “U-shaped”....
...US defence contractor L-3 Communications led the declines on the benchmark S&P 500 after the company said it was conducting an investigation into alleged misconduct that led to overstatements of sales and...
...Italian Beverage Company J J & D Wilkie James H Heal & Company JCB Backhoe Loader Business Unit JD Hughes Group Jomati Consultants Joseph Rhodes JSR Genetics K King Cole Kiveton Park Steel L...
...THE WORLD IS FLAT by Thomas L....
International Edition