Hints and tips:
...In the taking of sides, I’m on Team Hairy. Find out about our latest stories first — follow @financialtimesfashion on Instagram...
...We must also operate with efficiency . .. While we have made great progress in improving speed in the last few years, we haven’t focused as much on improving efficiency....
...WhatsApp: To FionaL: Yes I’m sorry Christopher had to duck out. I’m not supposed to say but he had — well let’s just say — a v high level meeting....
...It's all in the engineering, and how you put them together, and how you get the efficiencies up and the costs down. Yeah, people think I'm mad....
...“I’m not a doctor or a teacher and I’m not chronically ill — I just sit at home with my kid.”...
...Given H&M had a higher customer density than peers pre-COVID (higher than Primark), social distancing could be more challenging for H&M....
...The group still retains over £350m of net cash to pursue further M&A....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Bond default risk: M&B has only received a temporary waiver until 15 May on its cessation covenant....
...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....
...I'm Roula Khalaf, Editor of the Financial Times....
...Securitas could restart its DPS and M&A in 2020. Earnings valuations are at lows vs. the market. Top line: defensive & seeing additional demand....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...; and v) non-strategic cost savings....
...After the war, Ercolani capitalised on this efficiency....
...And UBS: LVMH has been historically known for its successful long-term M&A track record as the sector’s largest consolidator....
...Mr Greene has also worked on many complex M&A deals, including pharmaceutical company Mylan’s pending $50bn combination with Upjohn, a division of Pfizer....
...The statement attributes margin weakness to a combination of negative HPI pre-election and efficiencies in FY19 that were not repeated in the current year....
...Martin starts his column by highlighting the contemporary resonance of a quote from Joseph Goebbels on people v parliament....
...WPP will also reduce is planned capex from £400m to v£300m....
...Revenues of £258m was also light v consensus £260m despite AUM in line suggesting some margin compression, which we suspect comes from the mix of flows....
...“With you guys I’m going to nerd out,” she exclaimed. “I’m going to nerd out hard!”...
...In Finance v Wal-Mart: Why are Financial Services so Expensive?, Mr Philippon crunches the numbers on costs for consumers....
...Janan Ganesh argues that while liberals worry about the US Supreme Court overturning Roe v Wade and a panoply of social rights, conservative justices are quietly dismantling economic protections....
...If we don’t have freedom of movement, you will have a smaller efficiency of investment.”...
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