Hints and tips:
...However, “If people do lock in a rate, it doesn’t mean they have to take it when the time comes,” says David Hollingworth, associate director at L&C Mortgages....
...Fletcher credits the show as a turning point for his career, bringing in a broader customer base and easing cash flow even during the pandemic....
...L’Oreal’s been downgraded at Credit Suisse. Stock priced for a V-shaped recovery that’s looking increasingly unlikely, they say: Downgrade to Underperform (from Neutral)....
...Credit uncertainty remains the greatest risk for UK life insurers, including L&G, with COVID and Brexit both likely to exacerbate credit concerns....
...Rising unemployment later in the year is expected to weigh on consumer demand and hit retail spending in 2021....
...Upon listing Jackson will be targeting a debt leverage of ~20-25% vs close to zero at the moment, implying c$2bn of debt raise....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Consumer grew 11% LC on a pro-forma, basis, vs. flat LC PF performance last quarter....
...Credit tends to lead equity at major market turns....
...The group has c.2.7x ND/EBITDA against a covenant of 4.25x....
...year in Mexico Home Credit....
...Valves Group All3Media International Allstate Northern Ireland Ampetronic A-Safe (UK) Aspen Pumps Axis Productions B The Berkeley Group Holdings BT Technology, Services and Operations Bute Fabrics C...
...In addition to Miyake’s own definitive private archive in Tokyo, his work is in the permanent collections of the V&A in London, MoMa in New York and key museums worldwide....
...Jones v. Harris Associates L.P., which will be argued this week, clearly demonstrates that lowering the “loser pays” barrier could have serious consequences....
...With the almost certain return of growth in the previous quarter, it is not an “L” but not yet robust enough to be a “V”....
...With the almost certain return of growth in the previous quarter, it is not an “L” but not yet robust enough to be a “V”. The likelihood of a “W” also seems far-fetched....
...I think it is more plausible to assume a 4-5 per cent of GDP loss of output via trend growth being on average c.1 per cent pa lower for 4-5 years due to the credit crunch....
...would go up, counterbalancing any loss of housing wealth and supporting consumer spending....
...Mobilizing Minds: Creating Wealth from Talent in the 21st Century Organization By Lowell L. Bryan and Claudia L....
...THE WORLD IS FLAT by Thomas L....
International Edition