Hints and tips:
...Robin Zhu, an analyst at Bernstein, called the cancellation of the Freshippo IPO and cloud business spin-off a “surprise”....
...Michael O’Leary, chief executive of the budget airline Ryanair, told a Financial Times conference in April that he hopes his business will reach 80 per cent of 2019’s volumes by the summer....
...“The shape of the demand recovery favours airlines exposed to short-haul leisure traffic,” said Daniel Roeska, aviation analyst at Bernstein....
...“We have been surprised, and I think the industry has been surprised, how well supported a lot of the companies have been,” said Rachel Gerrish, a director at S&P Global Ratings....
...Beijing has reportedly issued a verbal communication to state-owned energy companies and steel mills to immediately stop importing Australian coal — a potentially crushing blow to the country’s A$55bn ($39bn...
...Mr O’Leary said the company did not have “a bull’s notion” what 2021’s profit or loss would look like....
...Beijing’s alleged theft of foreign intellectual property and other industrial policies that favour local companies have been a sticking point in resolving trade tensions between Washington and Beijing....
...It is more than a piece of paper,” said Mark Li, an analyst at Bernstein in Hong Kong....
...Daniel Roeska, an analyst at Bernstein, reckons that last year’s net income of €1.45bn “is an earning level they will not be reaching any time ever again soon”....
...Daniel Colover is strategic oil market development director at S&P Global Platts....
...Days after losing rival Bwin.party to GVC, 888’s chairman Brian Mattingley, says: “888 is not a target”....
...The Shanghai Composite still consists of a large number of suspended companies (132 last Friday, representing 12% of the index) and, for various reasons, a large number of trapped investors....
...Mark Newman, an analyst at Bernstein, noted that the sharp decline in Samsung’s earnings from the third quarter of last year should make it easier for the company to avoid further profit declines in forthcoming...
...But Sara Senatore, restaurant analyst at Bernstein, who attended the conference, sees a brighter future for Yum in China. “They appear to be recovering from the supply chain scandals....
...The company has been introducing more products that contain no preservatives or added nitrates at its Jennie-O Turkey Store and at Applegate....
...Cardboard was unveiled as a side project at last year’s I/O but after more than 1m of the low-cost devices were sold by Google and its partners, the company is hoping to take on Facebook -owned Oculus VR...
...… If we look at the performance of the A, H share and shares of DM companies which have at least 25% of revenue from China and you get a very different picture of what is going on in the Chinese economy...
...company bosses is an unlikely beach read....
...At the same time, O’Neill says, it’s a recognition of the pluck of Bernstein and Leese. “Part of the case for giving them more power is to test them to see if they are as good as they claim they are.”...
...Mr Warburton at Bernstein concludes: “VW’s Q1 results show a company suffering a material fall in profitability . . . it may be hard for VW to resume profit growth in the next few years.”...
...There were also some big losers, though, and the gurus’ best ideas collectively failed to beat a passive index fund tracking the S&P 500, which produced a 22 per cent gain....
...the company posted a first-quarter loss....
...A Prayer Journal , by Flannery O’Connor, edited by WA Sessions, Farrar, Straus and Giroux, RRP$18 Discovered among her papers in Georgia, the prayer journal of O’Connor, written between 1946 and 1947 while...
...Richard Repetto, an analyst at Sandler O’Neill, says good research shows how a company’s performance might vary according, say, to different levels of GDP growth....
...This year, Chinese consumers continued to demand the S-class Mercedes through the quarter, so assembly plants stayed open....
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