Hints and tips:
...Smaller rival H&R Block trades on a multiple of only 12 times. But this premium has more to do with bog-standard accounting than cutting-edge tech....
...For 12 years until 2011, the firm — then known as RSM McGladrey — was part of the publicly listed tax preparer H&R Block. “It made us into a national firm, which was great....
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...Investors have long debated whether Tesla is an auto company or a tech company. We believe it’s both, but see the biggest value driver from here being software and services revenue....
...When Toys R Us arrived in the country in the mid 1990s, it also initially eschewed collective bargaining....
...The recent experience of H&R Block, a gigantic American tax adviser, is striking in this respect....
...The continent’s focus on the auto sector — where companies invest three times as much as their US counterparts — puts it in a crowded field....
...H&R Block once held a banking charter....
Elon Musk has revolutionised an auto industry that was sceptical about Tesla’s electric vehicles
...The auto sector has been squeezed by a lack of semiconductors, limiting sales of new vehicles....
...This helps it to make money all year round while H&R Block’s business is almost entirely seasonal....
...Spirio R picks up the subtleties of every key press — the system can detect 1,024 “velocity steps” — so the auto-Lang Lang that plays in your home is to all intents and purposes him....
...Brands including Nike and H&M were hit last month by a backlash over Xinjiang, the western region where Beijing has been accused of human rights abuses against Uyghur Muslims....
...But semiconductors, medical devices, communications equipment, electronics, autos and auto parts, and precision tools are....
...Decoupling denied: Japan Inc is still laying its bets on China in spite of the US-China rift....
...A version of this article was first published by Nikkei Asia on October 5 2020. ©2020 Nikkei Inc. All rights reserved....
...The three joined from the S&P 400 benchmark of midsized companies and will switch places with tax software group H&R Block, Coty, a beauty company, and Kohls, a department store, which are dropping to the...
...To be fair, many have escaped to the seaside towns outside of New York City since the widespread coronavirus lockdowns in March, but few are getting R&R at the moment....
...Its most recent instalment, co-created with Formula One champion Lewis Hamilton and American R&B singer Gabriella Wilson, aka H.E.R., was released at London Fashion Week earlier this month....
...However, ING noted the October sales report is “likely to show another soft reading given weak auto sales numbers.”...
...struggles threaten to exacerbate a developing crisis in US shopping malls, which have been particularly hard-hit by a wave of store closures and bankruptcies of household names including Sears and Toys R...
...In July, Alibaba suggested on social media that Baidu’s Xiaodu Play model had copied aspects of an earlier Tmall Genie R, charges Baidu denied....
...The anxieties are most acute in the automotive industry, which accounts for one-third of German R&D spending....
...AstraZeneca Plc has made a preliminary approach to rival drugmaker Gilead Sciences Inc. about a potential merger, according to people familiar with the matter, in what would be the biggest health-care deal...
...H&R Block is projecting full-year revenues of $3.05bn to $3.1bn....
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