Hints and tips:
...The Stories She Wears is a six-month programme focusing on teaching practical techniques in local styles, upcycled fashion, traditional textile design and financial literacy. pradagroup.com; unfpa.org G...
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...And that magic dust of patriotism from Crimea has completely worn off, at this stage....
...But the outlook for inflation is particularly uncertain at the moment, with risks in both directions....
...They’re both spawning grounds for opinion as fact -- “newspapers dug their own grave by not adopting micropayments”, “M&S lost Middle England the day it introduced the vegan Percy”, that kind of thing --...
...G)....
...AstraZeneca’s M&A team probably has an entire alphabet of deal codenames on the go at the moment. In that context, was serious contact made to Gilead? Yeah, probably....
...We remain firmly in the V camp mainly because like a Unicorn, U shaped recoveries coming out of a recession don’t exist, particularly when the recession is so steep like the one we are experiencing today...
...Ibstock reports brick volumes are currently c.-70% YoY and concrete c.-50%, while Forterra reports bricks and blocks currently c.-50% YoY....
...If the bondholders call in their debt, M&B could sell some of its 1,356 securitised pubs (last valued at c£4bn) to pay off c£1.7bn of notes and c£0.3bn of MTM swaps....
...We think Dunelm (u/g to OP) is successfully managing the shift to digital while ABF (d/g to UP) has some thinking to do about its store only expansion strategy ......
...Agents have long protested against Rightmove's pricing and we believe this is their carpe-diem moment; we expect significant pressure on future revenues and margins....
...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....
...Smurfit Kappa hasn’t cancelled its dividend to fund M&A, which is a relief for shareholders and a disappointment for those of us who like writing about M&A....
...100’s still underperforming the global death toll by 1,188 percentage points....
...“I don’t think it’s a V-recovery,” he says. “An elongated U is perfectly possible. I’m a conservative. I plan for the worst and hope for better....
...For FTAV unfiltered, the Telegram Markets Live chat group offers crowdsourced moment-by-moment commentary....
...To protect the balance sheet, Ashtead has tightened cost control (e.g. cutting discretionary costs; freeze on new hires, but no redundancies or use of furloughing schemes), suspended its M&A programme, paused...
...So far, this continues to be the case in 2020; gold is up 11% YTD (in C$ terms) but the S&P/TSX Gold index is down 16%....
...Credit Suisse’s Chief U.S. Economist James Sweeney[‘s. ...] base case calls for an abrupt -12½% deterioration in QoQ annualized GDP in the second quarter, followed by a robust bounce....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...U is for UX — of which there is none. V is for V-shaped recovery — predicted after every fall. W is for wallet — the easy to remember sequence of 34 alphanumeric characters....
...The magic money tree has set down deep roots....
...Most adults will be familiar with the letter-graded system from A* to G (plus the doomed “U” grade for unclassified)....
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