Hints and tips:
...Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes from peers, adding up to a total of $658bn, according to data from S&P Global....
...“It is a coming of age,” said Howard Silverblatt, senior index analyst at S&P, of the dividend announcement....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...That compares with 6.8 per cent at Volkswagen, on S&P Capital IQ estimates. Being big also means that necessary investments, in new models and R&D, are less of a drag....
...Chips ship in huge volumes but the main competition comes from companies’ own R&D labs, so pricing power is weak....
...The Mag 7 re-invests 60% of their cash flow from operations through growth capex and R&D. This reinvestment rate is more than double the 26% of the Tech Bubble 5 and about 3x that of the S&P 493....
...As private sector R&D investment has fallen, the state has made up for it, and then some: Mui points out that “a lot of the elevated government investment in R&D was Covid-related, such as health research...
...Additional reporting by Adrienne Klasa in Paris Florasis has clarified that its R&D spend is Rmb1bn, not Rmb 10bn as originally stated...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...China’s pharma researchers do a lot of R&D of their own, but do not seem to produce many blockbusters....
...Pre-salt production rose from 41,000 b/d in 2010 to 2.3mn last year, fuelling record annual profits of R$188bn (US$39bn) and dividends of R$216bn at the company....
...In which case, the likes of me debunking the miracles of adjusted earnings and capitalised R&D costs falls on deaf ears. To believers, the numbers are glorious....
...Electronics retailer Currys sparks bidding war The UK high street mainstay Currys — known for selling electronics, from computers to vacuums — isn’t the sort of company you’d expect to find in the middle...
...But how much more again comes down to whether you reckon the likes of R&D should be expensed or capitalised....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Rolls-Royce’s R&D engineers are now “focused on improving time on wing”, said JPMorgan’s Perry. “They will need to deliver the promised improvements . . . if Rolls-Royce is to achieve its targets.”...
...He self-describes as a “big R” Republican and a “little L” libertarian. He’s non-interventionist, but this is not as counterintuitive as it sounds....
...Vr (that’s “r” as in rotation) is the speed at which we first lift the nose. And V2 is the speed of our initial climb....
...They are probabilistic bets on successful R&D: most of the time your investment goes to zero, but occasionally you’ll get a massive outsized return....
...Meanwhile government spending and investment, notably in R&D, have added to headline GDP for five quarters running. Underlying trend growth is arguably closer to 3 per cent than 2 per cent....
...They spend a lot of money on R&D. They are among the largest patent holders. There’s very little evidence of collusion. They seem to be competing with each other quite strongly....
...Meanwhile, Unilever announced a near €1bn increase in marketing, capex and R&D for 2022, reversing a period of shrinking investment in the business....
...In fairness, this partly reflects changes to the tax deductibility of R&D costs, a $1.6bn annual drag, says Raytheon. It can no longer expense certain R&D costs immediately....
...So scientific laboratories, R&D departments. Andrew Hill So the question of one example that occurred to me is you talk a lot about heart surgery....
...“You just write a text of what you’d like to see,” Blokhin says (£30,000 each)....
International Edition