Hints and tips:
...Today it focuses on preserving Miyake’s legacy and developing the design culture for a new generation. miyakeissey.org J is for JW AndersonBritish designer Jonathan Anderson has donated to Akt, an LGBTQ...
...A total of 51 large retailers filed for bankruptcy in the US in 2020 — a decade high, according to S&P Global Market Intelligence....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...Welsh, London; VW Durham, Cumbria, England; Rowan McKittrick, London Polymath 1,062: Susan J Tzotzos, Austria Crossword 16,401: David Jeffrey, Edinburgh; Michael Capparis, New York; J Morton, Glasgow...
...Citi’s Q4’20 forecast for parcel volumes is +9% (vs. consensus of c.+6%) and in FY’21 Citi expects +13% (vs. consensus of c.+8%)....
...Mais quand tout explose, votre P&L il explose avec, c’est ce qu’on est en train de vivre....
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...Or how about distressed department store chain J.C. Penny? It’s returned 195 per cent in the past week, despite filing for Chapter 11 on May 15....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...Overall, while the stock trades on only 0.25x P/TBV there remains no visibility on when it will generate sustainable profits....
...His annual January letter to the chief executives of the S&P 500 is a must-read, and last year he called on them to take a more active role in addressing societal issues, from retirement to infrastructure...
...Calquence is one of AstraZeneca’s big pipeline hopes, going head to head with J&J’s $6bn market leader Imbruvica....
...It also compares to listed peers such as Rathbones on c.15x P/E and SJP (a higher quality business in our view) on c.19x P/E....
...A TIPS yield of -2% easily justifies a P/E of 21x....
...through the P&L....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...We estimate Whitbread's annual rates bill is c.£120m, equivalent to c.35% of FY20e PBT (Feb YE). Mitchells & Butlers' rates bill is also around c.£100m, c.50% of FY19 PBT (Sep YE)....
...He grabbed me, pulled me in, and whispered in my ear: “Better than J.Lo, non?” “Oui, Christian. Bien sûr.”...
...J is for joke — as in, “the joke's on you”. K is for KYC — see “accountability”. L is for Luke Wilson — a humble man using a luxury exit coin to supply fresh water in Africa....
...The ONS estimates the value of land and assets-over-land to be over £5tn compared to a GDP of c£2tn....
...P.J. Morton tried to channel Fats Domino and Wonder; Rapsody took on Queen Latifah, Roberta Flack and Lauryn Hill; and Sheléa crudely belted Sarah Vaughan, Whitney Houston and Aretha Franklin....
...Between January and August this year, debt to ebitda ratios on European deals averaged 5.59 times, according to S&P Global Market Intelligence....
...“Markets have moved on from worrying about an inflation scare to focusing on continued political uncertainty in the US,” said J.P....
...Amid the easing tension J.P. Morgan Asset Management global market strategist Kerry Craig said geopolitics might start to have a weaker impact on the markets....
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