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...“I don’t think you’d ever know that it was him behind Litquidity, even if you met him or he told you point blank,” said friend Waylon Chin, whose $1,000 beige Loro Piana loafers Medina skewered this summer...
...Jefferies analyst David Hayes, who estimated the total liability at between $2.5 and $7.5bn, argued that Reckitt should seek settlement soon....
...But analysts at Jefferies said that worries about the company’s “R&D productivity will take time to lift”, pointing to a lack of significant trial results expected in 2024 and growth tailing off for the...
...Supermodel Jourdan Dunn is the face of the brand....
...“Whenever people left they’d try to get Hank’s folder to take wherever they were going.” “You could tell he was on to something even before he started the account....
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
...Absorbing CrownRock’s 226,000 boe/d would solidify its position as the number two player in the basin after Pioneer combines with Exxon....
...CrownRock is a subsidiary of CrownQuest, which was founded by Dunn in 1996 and operates the group’s wells....
...Being big also means that necessary investments, in new models and R&D, are less of a drag. Capex and R&D will come in at less than 7 per cent of sales, says Philippe Houchois at Jefferies....
...“We see lots more IPOs on the horizon,” said Pete Bowden, global head of industrial, energy and infrastructure banking at Jefferies....
...Here’s a chart from Jefferies that shows the reported private equity performance of the biggest US firms, relative to what public markets have done (zoomable version)....
...A spin-off of its consumer care division has been raised for next year, which analysts at Jefferies estimate could be worth between €18bn and €20bn....
...R&D costs easily run into the hundreds of millions of euros....
...If successful — a one-in-five chance — it could have $10bn peak sales, forecasts Jefferies....
...“The picture underneath tech has been very mixed,” said Aaron Dunn, co-head of value equity at Eaton Vance Equity....
...Six of these will produce more than 700,000 boe/d each — more than some Opec member countries....
...Six companies will each produce more than 700,000 boe/d — more than some Opec member countries....
...You’d find it difficult to parse all those ingredients on the plate, but the combination draws you in like an enigma you want to solve....
...This time round, the opera is sung in a genial, rhyming English translation by Kelley Rourke, but only Darren Jeffery’s Father and the ebullient Witch of Rosie Aldridge (the role is no longer presented as...
...Analysts at Jefferies said Wetherspoons’ competitive prices would appeal to consumers as the cost of living crisis continues to bite....
...“Were it not for the strike impact, payrolls would have been closer to 170k, but you’d also have to boost last month’s 150k up to around 180k as well,” said Thomas Simons, US economist at Jefferies....
...“I’d have thought we’d be done derating after a few months but I was really surprised by the size of the cuts to exposure in August,” said a portfolio manager at one US investment group, who expressed doubts...
...Smart reads London Underground After Zac Brettler plummeted into the Thames his grieving parents found that he’d been posing as an oligarch’s son....
...There is a “good understanding about what needs to be done”, said Russ Dunn, chief technology officer at GKN Aerospace, which last month teamed up with Rolls-Royce, Airbus and low-cost airline easyJet to...
...I think it was effective and I’d do it again.”...
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