Hints and tips:
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...Since the report, Wall Street futures rose and the dollar slipped with S&P 500 futures and Nasdaq 100 futures both adding 0.6 per cent....
...Twitter and Facebook earlier removed a post from the embassy that claimed images of a Ukrainian hospital destroyed by Russia were “fake news”....
...Economic developments: The IMF warned that Ukraine will experience a deep recession this year The US oil benchmark, West Texas Intermediate, dipped below $100 a barrel before recovering slightly to settle...
...“Supply chain may be something where Barry needs support, but the fiscal side of things, what does the P&L actually look like? Barry is as good as they come.”...
...Children’s Hospital....
...Now it risks losing most of its investment — debt rating agency S&P Global expects AMC to run out of cash in six months....
...Gilead Sciences, a California-based biotech company, has become the bellwether stock for the entire market....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...Healthcare companies in the S&P 500 index rose 240 per cent in the decade to mid-May 2020, compared with 140 per cent for the index as a whole....
...K&L Gates has hired Skylor Hearn as a government affairs adviser in its public policy and law practice. Hearn spent more than two and a half decades at the Texas Department of Public Safety....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...RB's unmatched P&L flexibility is paving the way for fast improving market share momentum, notably in the 20% of its cells that have been persistent underperformers. ... and for Unilever, a €43/£40 target...
...Stress testing balance sheets for GFC falls in EBITDA As we move into recession mode, incoming questions from investors have switched from a focus on the P&L to the balance sheet....
...S&P Global Sector: FINANCIALS / HQ: NEW YORK, US Key stat: Investment-grade companies have issued more than $1tn of debt this year, a record....
...We also note S&P’s CreditWatch on the BBBrating will be resolved when ‘financial performance and liquidity resulting from COVID-19 can be assessed’....
...More than half of patients in both treatment groups were discharged from the hospital by Day 14 (5-day: 60.0% vs. 10-day: 52.3%; p=0.14)....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...On our current published forecasts, Royal Mail trades on a March 2020E P/E of 10.3x and EV/EBITDA of 3.6x (rising to a March 2021E P/E of 13.4x and EV/EBITDA of 3.8x)....
...K&L Gates has added David Owen as counsel to its asset management and investment funds practice. Owen joins from Allianz Global Investors....
...Shot: NMC Health plc (“NMC” or the “Company”) notes the recent media speculation and confirms that it has received highly preliminary approaches from Kohlberg Kravis Roberts & Co. L.P....
...The company is also a leader in terms of using technology for more sustainable mining....
...(FT) Direct listings tempt companies Companies such as Slack and Spotify are bypassing convention and underwriters with “direct listings”, where shares become tradable without prior fundraising....
...The Texas-based company has launched private arbitration to drill into Teneo’s work with Chevron, angered by the company’s decision to work for its rival bidder....
International Edition