Hints and tips:
...(Armstrong & Wu) One good read A defence of active fund management....
...But investors can be forgiven for wanting a bit more precision....
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...Some might argue that a bit of chaos — and even pain — is inevitable if the transition is to take off at the speed required....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...The benchmark S&P 500 ended the quarter down nearly 5 per cent....
...S&P lowered its rating of the company, which has $88m in coupon payments due by Friday, to triple C minus, saying it “may not be able to service its debt in time” and pointing to a potential debt restructuring...
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...been coming out with this c**p for years....
...But despite the growing pains, Reid Steadman, managing director and global head of ESG indices for S&P Dow Jones Indices, says there is “good momentum” in demand for ESG indices....
...Last week, before this latest lurch higher, the US energy secretary told me that a release from strategic stocks was one of the tools under consideration to ease the pain....
...Most people think that buybacks are good for investors because (a) they increase corporate financial leverage, boosting returns (b) they increase earnings per share growth and (c) they signal management...
...Share prices now reflect whether or not the C-suite is taking the risk from climate change seriously....
...Additional reporting by Alistair Gray Letter in response to this article: Trump’s fundraisers must share some of the blame / From David C Speedie, Charlottesville, VA, US...
...Nordics P&C exposure through If P&C and Topdanmark supports around 60% of Sampo’s dividend, where this is expected to remain stable....
...Our back-of-the-envelope $1.5bn WW recurring sales for AZN assumes 250m doses p.a. for developed countries at c.$6 per dose, a discount to estimated US flu vaccine revenue/dose around $11-13 given likely...
...Wall Street’s benchmark S&P 500 rose 0.5 per cent at the opening bell while the tech-heavy Nasdaq Composite climbed 0.8 per cent.Analysts, investors and debt collectors are agreed on the next area of pain...
...Despite these pockets of pain in the sector, Emily Roland, co-chief investment strategist at John Hancock Investment Management, said that since December far fewer pharma companies had cut their earnings...
...“But this has been a slow drip of pain over a long time. It’s less memorable, but in aggregate the pain has been fairly similar.”...
...The stock trades at 21x FY22E P/E. During the lockdown, we have seen major brands, i.e....
...We are downgrading FY21 by c.7-8%....
...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....
...“Greg spoke to what Greg is good at: business operations,” said Cole Smead, president of Smead Capital Management, which manages $1.6bn....
...at the ‘C-suite’....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
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