Hints and tips:
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Today it focuses on preserving Miyake’s legacy and developing the design culture for a new generation. miyakeissey.org J is for JW AndersonBritish designer Jonathan Anderson has donated to Akt, an LGBTQ...
...A total of 51 large retailers filed for bankruptcy in the US in 2020 — a decade high, according to S&P Global Market Intelligence....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...As always, you can reach us at Imani.Moise@ft.com or Sid.V@ft.com. Thanks for reading....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...Polymath 1,011: Dr S Bailey, Swindon Crossword 16,099: Suzanne P Wilson, Windermere; D Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010: Robert Jelly, Warwickshire Crossword 16,093: V Le...
...Equity markets thus have recovered appropriately, with the S&P 500 up 35 per cent from its March lows....
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...Citi’s Q4’20 forecast for parcel volumes is +9% (vs. consensus of c.+6%) and in FY’21 Citi expects +13% (vs. consensus of c.+8%)....
...Gas Pipeline contracts were awarded by Asia Gas Pipeline LLP, a 50-50 joint venture between a Chinese state company and the Kazakh state company KazTransGas, adhering to a procurement policy set by AGP j)...
...The slack is only partly taken up by France P&C which is over distributing....
...When asked about what path the S&P 500 recovery will take, W remained the most popular choice with 45% percent of the vote. Just 30% expect a V shaped recovery in the stock market....
...Mais quand tout explose, votre P&L il explose avec, c’est ce qu’on est en train de vivre....
...Because of its merger with Sprint in Apr-20, TMUS's portfolio of spectrum below 6 GHz is now c.3x that of Verizon and c.2x that of AT&T....
...Ralph J Schindler, Jr Attorney Chicago, IL, US...
...Or how about distressed department store chain J.C. Penny? It’s returned 195 per cent in the past week, despite filing for Chapter 11 on May 15....
...Sit back, relax and enjoy the first day of the V-shaped recovery. ... Which is not to suggest that - ... Neverthele - ... Yet let’s not overlook the fact tha - ... If you’ll just let me fini - ......
..., which equates to c$1.4bn per annum....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...P&C outperformed into the corrections in the past 8 years....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...We expect underlying FCF of c.>€1.1 bn in 2021E and FCF to be positive ex WC from 2022. Valuation - Renault trades at c.4.2x 2021E P/E, a c.10% discount to its 3-year median....
...Overall, while the stock trades on only 0.25x P/TBV there remains no visibility on when it will generate sustainable profits....
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