Hints and tips:
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
..., UK, US: S&P Global/HCOB services purchasing managers’ index (PMI) figures Indonesia: Q4 GDP figures Mexico: Constitution Day holiday....
...As Bolgona puts it: From a high level, relative to electing to account for loans at amortised cost, electing the fair value option provides a P&L tailwind during periods of loan growth due to recognising...
...Europe also boasts the Amundi MSCI India II Ucits ETF, which tracks the same index as the iShares ETF, and the L&G India INR Government Bond Ucits ETF, for those interested in fixed income....
...The S&P Global Clean Energy Index, made up of 100 of the biggest such companies, is set for its worst annual performance since 2013....
...Louis Wise is assistant editor at HTSI All images courtesy Corita Art Center Ordinary Things Will Be Signs for Us by Corita is co-published by J&L Books and Magic Hour Press Follow @FTMag to find out...
...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....
...The ad hoc group includes funds and accounts managed by King Street Capital Management, L.P., funds and accounts managed by BlackRock, funds and accounts managed by Brigade Capital Management, and other...
...Now the waterfront — which forms part of Liverpool Waters, Peel L&P’s £5bn, 30-year project to transform the city’s northern docks — is taking on a new life itself....
...Nasa: The US space agency will introduce the four astronauts at the Johnson Space Center in Houston for its Artemis II lunar fly-by mission....
...They might be willing to endure quite a few lean years in terms of their own P&L — and even to think about cutting their own costs and headcount — rather than take risks with deals that need stretched assumptions...
..., the annual General Conference of the International Atomic Energy Agency’s member states begins in Vienna New Zealand, a public holiday and state memorial service to mark the death of Queen Elizabeth II...
...But that’s Tom Cruise: a tiny splinter of granite, chiselled straight from the rock of L Ron Hubbard, he’s never stinted in his commitment to serve the multiplex....
...Broker Berenberg said the share valuation will depend on how quickly L&G can achieve its total target for operating profit of between £600mn and £700mn by 2025....
...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 . . ....
...Beauty group Garnier, owned by L’Oréal, promised last year to plant a tree each time a bottle of certain skin and haircare products was sold at Asda, the British retailer....
...“Now that fund managers pay for research from their P&L account, the opportunity to make savings is tempting.”...
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...through the P&L....
...However, if those dividends are expected to be paid in the future, they may not count as eligible capital for Solvency II ratios....
...P&C outperformed into the corrections in the past 8 years....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
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