Hints and tips:
...Its model has been widely adopted across Canada’s public sector — CPP Investments, established in 1999 to oversee and invest the assets of the Canada Pension Plan, has grown from just C$12mn to C$536bn and...
...Dall-E is spelled D-A-L-L dash E. It’s a portmanteau of Wall-E, the Pixar robot, and Salvador Dali. And this software is part of a new trend in digital technology called AI-generated art....
...Indeed they do, if the success of this all-organic, all-fresh Santa Monica institution (with a second location in the Brentwood Country Mart) is any indication....
...Michelin’s relative de-rating to auto suppliers provides a late-cycle mispricing opportunity in our view....
...Weighing in at ~7,000 words and with 84 references, G4S’s Wiki “controversies surrounding . . .” rap sheet is longer than the ones for the Legion of Christ and Grand Theft Auto V, though not quite as long...
...Management guides to c£60mn of net benefit in 2H (c£78m extra costs offset by six month business rates relief of £137mn)....
...We note the c.30% premium to key peer Sodexo....
...Warren Buffett-backed Chinese auto group BYD has raised $113m in Series A funding for its chipmaking unit, BYD Semiconductor....
...In our view, this sends a message not just to auto and tech investors, but to the management teams and board of directors of the world’s auto companies....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...Our DCF model now values the shares at 199p, which is equivalent to EV/FY19E sales of 1.3 times and a premium to ratings of German auto brands....
...In recent years, like-for-like price inflation has also outpaced peers at 4-5%, compared to e.g. 2-3% for Auto Trader....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...Here's a neat chart from Auto Express explaining the process....
...However, we must also remember that the biggest single console game ever, Grand Theft Auto, went through a similar process....
...Nathan Coe will become chief executive of UK-listed Auto Trader following Trevor Mather’s retirement after six years at the helm....
...Notable gainers in third-tier cities over the past 18 months have been Origins, owned by Estée Lauder, and Biotherm, which is part of the L’Oréal group of brands....
...If the bet had gone wrong, Boeing would have gone the same way as the Glenn L Martin Company, one of the pioneers of jet aviation.”...
...EUROPEAN COMMISSION TO RUSSIA C O N F I D E N T I A L SECTION 01 OF 02 MOSCOW 000474 SIPDIS E.O. 12958: DECL: 02/25/2019 TAGS: PREL, EU, RS SUBJECT: EUROPEAN COMMISSION TO RUSSIA REF: MOSCOW 365 Classified...
...Citigroup reckons the supermarket giant has a more aggressive policy than its peers with regard to: Revenue Recognition - were the IFRIC 13 standard included in Tesco’s 1Q10/11, LFL growth would have been c-...
...Those words were first uttered by Royal Mail chair Allan Leighton when he left Wal-Mart, the US owner of British supermarket-chain Asda, to take on a portfolio of directorships....
...But they’re not the only ones getting in on the helping middle (market) America game, as the La Times reported: Former L.A....
...The company is a minority-owned partnership between RLJ Companies LLC – owned by Robert L....
...Consumer staples – which had led the market lower in the previous session, when the latest batch of glum corporate earnings took in erstwhile defensive food companies – took comfort from Wal-Mart’s sales...
...These include Wal-Mart, Metro, Carrefour, Kingfisher, Lidl and Rewe....
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