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...Standout Freshfields Bruckhaus Deringer O: 8; L: 9; I: 7; Total: 24The firm represented wind farm investor Eurus Energy of Japan in its action against Spain following reforms to the country’s tax and incentive...
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...I think the extent to which, really, Putin has become the state, it's like maybe - I might be getting the French king wrong, but I think it's Louis XIV who said, l'etat c'est moi - I am the state....
...Nous on s’est engagé, moi je livrerai des respirateurs. Et donc on a eu la solidarité. Moi je m’enorgueillis que la France n’ait pas fermé sa frontière avec l’Italie....
...A lower EBIT margin online vs C&H as a whole also means that if M&S does grow online to 30% of C&H sales by FY22e, the impact on margins will still be negative....
...Back to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065...
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...“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.”...
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...These trends do not favour M&S or Primark. We reduce our sales growth to -7.5% yoy in CY20 (from +0.4%), with a recovery to +5.9% yoy in CY21 (from +3.4%)....
...“They were starting to turn the tide . . . the pandemic happened at the worst time,” said Steve Martin, global chief executive officer of M&C Saatchi Sport & Entertainment, a sponsorship and marketing agency...
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...net debt of c£18.9bn....
...M&G, in our view, now screens as the next most likely defer its dividend given the reported poor flow picture YTD and that includes a de-merger special of 3.9p (M&G under pressure as investors flee flagship...
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...s a slight positive)....
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