Hints and tips:
...Today, it employs more than 1,000 staff and serves a roster of multinational companies in the Philippines that includes Unilever, P&G, L’Oréal and Nestlé....
...This aggressive mark down came in the form of ERVs -12% l-f-l and yields expanding +17bps....
...This is however negligible in the wider context of the P&L and the land bank, with the impact on future gross margin of 17bps small and which will likely be mitigated....
...Rushworth, Woking, England Polymath 1,046: C & D Barden, Cambridge, England Crossword 16,308: Chris Coleman, Cheltenham, England; Mark Huggins, Buckinghamshire, England; Neil Woolhouse, Wakefield, England...
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...L’économie en procède, n’oublions jamais que l’économie est une science morale. Mais quand tout explose, votre P&L il explose avec, c’est ce qu’on est en train de vivre....
...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....
...Our forecasts assume the full £500m is invested in land in FY20, and that the benefit in the P&L is seen later 2022 but to a larger extent in FY23....
...We do not think that management would have referred to “strong cash conversion” and emphasized delivering if the beat in the P&L were not flowing through well to cashflow, so we believe that the commentary...
...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%....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...Over 2009-19, SWMA achieved average organic sales and operating profit growth of c.5% p.a. and c.7%, respectively and EPS growth of 10% p.a....
...L and net debt....
...more of a primary event), UK P&C (~14% of premium), and then the multilines (~10%)....
...Results from L&G, TT Electronics and Elementis. ... Hostelworld and Wizz Air both give light warnings due to the obvious. ... Malarkey Tuesday. ......
...That also meant “all of the increase in revenue YoY comes from the client P&L (client losses) and hedging income”....
...However, the market has taken the chance to mark down the shares and we believe this is a good opportunity.” So who’s next?...
...ASR, Mapfre and Unipol/UnipolSai all look oversold versus their mark-to-market of S2, Exane adds. Here’s the key chart: What else?...
...While the financial crisis has left a mark in some countries, R&D spending was far less affected than economic output....
...Peter Grauer, Mr Bloomberg’s successor as chairman of Bloomberg L.P, earlier this month embarrassed the Labour party by signing a letter in support of the Conservatives only a day after Ed Miliband launched...
...Individuals – winners of Enterprise Promotion award Mrs Christine Atkinson Mr Timothy Barnes Mr Eric Binns Professor Mark Hart Mr Wray Irwin Mr Guy Mucklow Miss Ann Stonehouse Mrs Jayne Taggart...
...(Financial Times) “Thousands more victims of Bernard L....
...say that holdouts had rights to enforce sovereign debts owed to them, and with a rather neat historical symmetry, it was one that had been ruled on by a younger (but surely not less wiser) Judge Thomas P....
...C....
...Schumer Senator Mark Kirk Senator Richard C. Shelby Senator Jeff Sessions Senator Lisa Murkowski Senator Mark Begich Senator John McCain Senator Jon Kyl Senator Mark L....
International Edition