Hints and tips:
...So I think I’m a great S&P 500 tracker fund guy....
...Wall Street’s benchmark S&P 500 index ended Wednesday 2.5 per cent lower and the Nasdaq Composite fell 3.4 per cent after a volatile afternoon of trading as investors struggled to digest the Fed’s messaging...
...P&G has come under fierce criticism from some investors over its role in deforestation to make products such as toilet paper, even as it has pledged to fund tree restoration projects....
...Banks could see cost of equity driven re-rating: we see a combination of unprecedented fiscal/monetary and regulatory support and the proposed recovery fund as catalysts to drive risk premia lower....
...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....
...Increased focus on the home, reversing some L-T adverse trends....
...RB's unmatched P&L flexibility is paving the way for fast improving market share momentum, notably in the 20% of its cells that have been persistent underperformers. ... and for Unilever, a €43/£40 target...
...L, until the final CMA decision, expected on 11 May....
...through the P&L....
...The company has announced an interim dividend of $101m ($0.9531 p/s) and is launching a new $67.3m share buyback today....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...Policy changes could ultimately lead to a reduction in these restrictions and be a positive catalyst for AAL shares....
...Or whether activists end up benefiting their funds more than the longer-term growth potential of the companies....
...But the investments are having “limited trickle-down effects”, according to the International Monetary Fund....
...Because it said some pretty outrageous things like: “We think that every company has its unique features, but a glance at the Japan traders and Glencore’s P&L notes what they have in common: large affiliate...
...It drove up the pro-cyclicality of the P&L and the solvency requirement of pension funds. That made them more vulnerable to the swings of the market.”...
...Fidelity’s Magellan fund, the first mutual fund to exceed $100bn in assets, but now worth about $20bn, shows what can happen. Value investors have long held that Berkshire is undervalued....
...Nomura raised its target price on L&G to 171p, helping the stock climb by 3.3 per cent to 122¾p....
...Man Group led the blue-chip risers, up 2.7 per cent to 272¼p. After the close, Man said its benchmark hedge fund last week fell 0.88 per cent, having risen in all but one of the previous seven weeks....
...Together, it all provided an excuse for funds to take profits after the 14-month charge from stock market lows hit in March 2009....
...The Edam Acquisition consortium, comprising Goldman Sachs Capital Partners, Mediacinco Cartera SL, Cyrte Fund II B.V. and VI, L.P., acquired control of 99.7% of Endemol Investment Holding BV from Telefonica...
...While Heineken would probably require a rights issue, SAB could fund a bid entirely with debt, it said....
...Shares in L&G closed up 7.6 per cent to 61¼p, supported by apparently spurious gossip that it could sell or split its investment management business....
...L&G would be the biggest single beneficiary from a compromise, it said. The broad advance also favoured stocks with recovery potential. British Airways led blue-chip risers, up 7.2 per cent to 188¼p....
...oNo one should get compensated with reference to only his or her own P&L....
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