Hints and tips:
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...As much as 45 per cent of the financial companies in the S&P 500 have no women among their “named executive officers”, those C-suite members important enough to have their pay officially disclosed, according...
...The programme has two objectives: to drive women’s emancipation through professional beekeeping and to raise awareness of how essential bees are to Earth’s biodiversity. guerlain.com; unesco.com H is for...
...Consumer-facing brands from clothing retailer H&M to drinks giant Coca-Cola and airline KLM all faced private lawsuits last year over allegedly overheated green claims....
...“There are three R words right now: It’s Russia, it’s recession and it’s [interest] rates,” said Citigroup CEO Jane Fraser....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...The benchmark S&P 500 ended the quarter down nearly 5 per cent....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...In 1995, the FBI released sketches of two suspects as part of the investigation into the bombing of the Alfred P Murrah Federal Building in Oklahoma City, in which 168 people were killed....
...Citi’s Jane Fraser became the first woman to run a major US bank only earlier this year....
...Advances are still being made: last month, for example, Jane Fraser became the first female chief executive of a big Wall Street bank when she took over from Mike Corbat at Citigroup....
...Share prices now reflect whether or not the C-suite is taking the risk from climate change seriously....
...On this basis, we retain a -20% H&M 3Q20E sales decline. From a gross margin perspective, our recent web-scrape data suggests the H&M average price discount in Germany has increased c.600bp yoy....
...Jane Fraser’s rise to Citigroup summit boosts all women on Wall Street Citigroup’s soon-to-be chief executive Jane Fraser is not the first foreigner to lead one of the main US banks....
...A lower EBIT margin online vs C&H as a whole also means that if M&S does grow online to 30% of C&H sales by FY22e, the impact on margins will still be negative....
...Marsh, East Sussex, England Crossword 16,377: John Bevan, London; TF & JM Marshall, Scotland; Rae Seelig, London Polymath 1,057: Bridget Symeonides, Cyprus Crossword 16,371: Mr B Miller, Guernsey; Mr H...
...However, in the context of a challenging retail consumer environment, revenue recovery in 2021E still leaves H&M revenue c.-5% below 2019....
...The picture at the federal level with H.R. 2339 is complicated....
...This reflects an overweight position in L&H Re, where exposure needs clarification, and uncertainty over the cancelled FY 2019 dividend....
...Clothing: very poor – The Clothing and Home (C&H) performance is disappointing, even if online sales growth is better than usual....
...We are cutting forecasts for four (H&M, Inditex, Next and JD Sports for FY21), reflecting longer periods under lockdown and greater profit drop-through....
...Looking further out we see benefits to C&H market share from the inevitable capacity ... and Next next....
...We expect underlying FCF of c.>€1.1 bn in 2021E and FCF to be positive ex WC from 2022. Valuation - Renault trades at c.4.2x 2021E P/E, a c.10% discount to its 3-year median....
...Hence Total S/H return will remain low considering low L-T ROE generation....
...Without conviction in wider P&P sector pricing upside near term and the stock likely being put in the penalty box by some investors as they question earnings resilience, in our view DS Smith lacks near-term...
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