Hints and tips:
...It has the highest debt-to earnings before interest, taxes, depreciation and amortisation ratio in the sector and, like other legacy media groups, is coping with declining TV assets while its streaming service...
...The days when a private equity firm could easily snap up some big lumbering conglomerate trading at bargain prices and carve it up for a profitable piecemeal sale are over....
...Thoroughbred racehorses have long captivated rich men and women – from kings and potentates to self-made millionaires....
...Anduril has a dotcom-era bring-your-dog-to-work policy, and employees walk their pets around the campus in the southern Californian sun....
...UK financial regulator Ofwat is closely monitoring the financial health of Thames Water and Southern Water, among others, while S&P Global has negative outlooks for two-thirds of the water companies it rates...
...trade balance data Switzerland, January unemployment figures UK, January BRC-KPMG Retail Sales Monitor US, December consumer goods and services trade balance data Results: BNP Paribas FY, BP Q4, Carlsberg...
...Oréal Q1 sales, United Airlines Q1, Rio Tinto Q1 operations review just before midnight in London Thursday The CBI and PwC publish their quarterly survey of financial services....
...Through the sale of bracelets and pendants, the brand has raised more than $20mn to provide water, immunisations and educational tools to those in need. louisvuittonforunicef.com V is for Visual AidsAcne...
...services....
...I donated my net profits to Southern California Thoroughbred Rescue, which saves racehorses from slaughter and abuse....
...If you are looking to predict the shape of the US economic recovery — be it V, W, L or even K — don’t look at the markets....
...Unquestionably, China (14% of group sales in FY19) continues to be a stand-out success story for L’Oréal; we expect the beauty category in China to register HSD growth this year and for L’Oréal to outperform...
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...We forecast the US and RoW to make up 57% of the group’s sales by FY25....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...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...
...It will certainly require evidence of a V-shaped economic recovery to ignite demand for cyclical and value stocks....
...And Cazenove (which goes underweight on Rolls’ bonds) to summarise the credit position: Rolls is currently rated Baa2/stable, BBB-/CreditWatch negative, and BBB+/stable by Moody’s, S&P and Fitch respectively...
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...With top-line beat flowing through the P&L, core op. profit was +8% vs cons and core EPS +12%. ¾ of the EBIT beat seems inventory related. Q: What were the most noteworthy areas in the results?...
...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....
...have maintained Footasylum’s contribution to the P&L, until the final CMA decision, expected on 11 May....
...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 best we can do is sell a very small portion of the steel to southern regions or some priority construction sites that are up and running.”...
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