Hints and tips:
...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...
...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 . . ....
...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....
...The mystery deepens of why the FCA continues to allow NMC Health to trade while it has a share count of ¯\_(ツ)_/¯....
...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....
...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...
...Stress testing balance sheets for GFC falls in EBITDA As we move into recession mode, incoming questions from investors have switched from a focus on the P&L to the balance sheet....
...Our forecasts assume the full £500m is invested in land in FY20, and that the benefit in the P&L is seen later 2022 but to a larger extent in FY23....
...With top-line beat flowing through the P&L, core op. profit was +8% vs cons and core EPS +12%. ¾ of the EBIT beat seems inventory related. Q: What were the most noteworthy areas in the results?...
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Overall, while the stock trades on only 0.25x P/TBV there remains no visibility on when it will generate sustainable profits....
...This is an edited extract from ‘The Art of the Restaurateur’ by Nicholas Lander, published by Phaidon (£24.95) Reader offer: FT readers can get 30 per cent off ‘The Art of the Restaurateur’ (plus p&p)...
...Project) senior variable-rate demand revenue refunding bonds series 2008 (LOC: Allied Irish Banks, p.l.c.); –Indiana Finance Authority (IN) (Clarian Health Partners, Inc.) hospital revenue refunding bonds...
...He began shorting the stock last autumn when in the course of his research he found “lots of costs relating to contracts which had not gone through the P&L”....
...That includes facilities in India, where consumers currently spend less than an annual $1 a head on P&G products, and China, where the amount is only $3 – compared with $20 in Mexico....
...“We are lending other people’s money and that means it is recorded as a cost of sales in the P&L, so when it comes back in we cannot show it again in the P&L as profit.”...
...But in the later years, as health and enthusiasm wane, then most pensioners find that their expenditure drops away, often well below the level of their pension income....
...As a part of these teams, we had reams and reams of information and data on generics, profit pools, what products are made, what the future is, what impact it would have on our P&L....
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