Hints and tips:
...In 2020, the Center for Consumer Freedom, a non-profit group that has advocated for the meat, alcohol and tobacco industries, took aim at a new target: the plant-based meat industry Its Super Bowl television...
...Management was frank: they don’t know....
...Simon Skinner, who leads the European investment team at Orbis, suggested two stocks that highlight the trend neatly: B&M, a discount retailer, and Shell, the oil major....
...From a high of 13m b/d in November 2019 — almost 15 per cent of total world output — US output is expected to reach just 11.1m b/d in November....
...The policy rate is still at a discount to nominal spending and central bank messaging is connecting with markets with mixed success....
...with a 6% premium to NAV (vs a 50% discount for AkerBP)....
...Despite big tobacco defensiveness and prior outperformance, it is trading at recent historical lows vs the world market, while it continues to be at a significant discount vs wider staples....
...The organic growth decline is similar to 2009 but we assume a more muted margin impact of 200 b.p’s vs 300 b.p.s’ – this reflects WPP has anticipated the slowdown & the likely availability of some Government...
...Here’s Stifel: Under the terms of Indivior's settlement, a wholly-owned subsidiary, Solutions Inc. has pleaded guilty to one count of making a false statement relating to health matters in 2012....
...(b) 1H20 tobacco volumes are down only -0.5%, market share performance is stabilizing in most markets outside of Europe. Indeed, tobacco only EBIT(ex-FX)was down -0.7%....
...Our usage has jumped 62 per cent over the course of a few decades — up from 61.6 million b/d in 1986....
...The main listing will be in Australia, in a slight to London. Will Messrs Kerr and Harris invent a raison d’être for Raftco more inspiring than relieving BHP of part of its conglomerate discount?...
...The bank must aim to get out at a price better than the rebased carrying value of $148 per share. However, it will need to discount the shares generously to ensure the offering succeeds....
...Nicholas Barr, LSE: If (a) growth continues to be weak (see (1) above), (b) interest rates stay low (very likely) and (c) the gov’t sticks to its fiscal targets (probable), expanding the money supply is...
...He grew up in a tiny country town in North Carolina, in a rural area heavily dependent on tobacco farming, where his parents ran a small shop....
...know, I like Frank, we’ve had conversations between Frank and I....
...Egencia’s offices are in a converted tobacco factory at Belle de Mai, where its staff rub shoulders with film-makers and information technology entrepreneurs....
...The crisis is helping the world to better understand China and the Chinese people at a time when Chinese products have been viewed as low-price and low-quality....
...Spanish tobacco group Altadis rose 6.4 per cent to €46.55 as it held out for higher bids following its rejection on Friday of a €45-a-share offer from Britain’s Imperial Tobacco....
...Our stock price floundered as investors obsessed that we’d go the route of the tobacco industry with endless litigation risk....
...In short, Marty Lipton would be our überlawyer who’d make sure we’d learn from mistakes and remain in the forefront of industry reforms....
...been compared with Anne Frank’s....
...Or it may be that too much cash burns a hole in management’s pockets; they tend to waste it on acquisitions or bad projects. Dividends keep executives honest. D....
...On safer and low-tar cigarettes, Bob McDermott, a lawyer with Jones Day who is lead trial counsel for RJ Reynolds, says there is an incongruity in the government's case....
...Emerging markets are trading at a decent discount to non-US markets and “a very large discount” to US equities, Mr Inker says....
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