Hints and tips:
...Bid pipeline falls to £4.1bn. The bid pipeline has declined from £4.9bn in December 2019 to £4.1bn....
...We remain impressed with SSP's pipeline (208 units were signed last year, c.8% of the current estate) and see upside to the 5% guidance after a strong Q1....
...Credit uncertainty remains the greatest risk for UK life insurers, including L&G, with COVID and Brexit both likely to exacerbate credit concerns....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...at the ‘C-suite’....
...● We expect the market will view the deal as a positive for Equinor, demonstrating the value of its offshore wind expertise and pipeline....
...Terms have been agreed for a further 13 site purchases and it has a very strong pipeline (c.60 deals) of more deals for next 6-12 months....
...His support “removes a tail risk for the group having to file for insolvency protection,” says Morgan Stanley, which also says “sell”....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...Increased focus on the home, reversing some L-T adverse trends....
... An R&D update accelerating/re-prioritising its pipeline assets based on the influx of cash from the AstraZeneca deal (in addition to that received in the Mallinckrodt deal)....
...Kinder Morgan, an oil pipeline and storage company, is building a $360m, 100,000 b/d splitter that BP will use when it opens in November....
...Only one pipeline, Kinder Morgan’s Trans Mountain line, runs west to the Pacific from the tar sands. Others lead into the US....
...History has been kinder to the group’s reputation than that of the neighbourhood....
...Cairn Energy firmed 1.6 per cent to £27.81 after government officials in India cleared its proposal to recover the costs of building a pipeline from the Rajasthan oil field....
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