Hints and tips:
...Need to know: UK and Europe economy The UK’s household energy price cap will fall 12 per cent in April to £1,690 a year, following a drop in wholesale gas and electricity prices....
...The S&P Global Clean Energy index has dropped 38 per cent from a recent peak in January 2023 to its lowest level since July 2020 and is down 30 per cent over the past 12 months....
...American equities recorded their longest winning streak in two years after the S&P 500 closed out July 3 per cent higher....
...Yet roughly one-third of the market’s rally since the start of the fourth quarter last year stems from burgeoning investor interest in Hermès, Kering, LVMH and L’Oréal....
...In November 2020, MSCI downgraded P&G’s ESG rating to A from AA. Peltz started on the company’s board in 2018....
...The ruling said the government had not done enough to reduce greenhouse gas emissions....
...Harvest and shrink oil and gas, decarbonise and transition Oil & gas production is to decline 42% by 2030, via disposals and depletion: from 2.6mboed to 2mboed by 2025 and to 1.5mboed by 2030....
...I very much believe it's going to be a very strong third pillar for our business, and I think it could be a significant P&L contributor to our company, definitely within five years, and definitely within...
...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?...
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...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....
...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....
...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 26 percent increase in recurring earnings per diluted share shows the very strong results of our core wholesale and retail energy businesses and our natural gas pipelines,” said Kenneth L....
...Increased focus on the home, reversing some L-T adverse trends....
...Since 2016, we estimate the Kingfisher P&L has had an £81m transactional benefit from weaker sterling. FX could become a headwind once trade talks are agreed (or not)....
...heart) – and of course this would dilute the over-exposure to the Oil and Gas market....
...Company commentary supports our view of limited direct impact to P&C : Hannover Re: noted a potential €200m loss across P&C and L&H; Munich Re: noted a €500m loss should all the events it covers for communicable...
...In fact, it was the auditor’s insistence on booking these in the p&l that led to £28m of charges and a profit warning....
...The Saks-owner is already very leveraged up; it is rated deep in junk territory by both Moody’s and S&P Global....
...Oil and gas stocks led Wall Street lower, outweighing a recovery for technology stocks, in an otherwise bruising session for equities that at one point saw the S&P 500 enter correction territory and the...
...The benchmark S&P 500 was down ¼ of 1 per cent, with oil and gas stocks doing the damage....
...Bob McNally of Rapidan Energy told Herman Wang of S&P Global Platts that “we think there is well below 1.5m b/d [of spare capacity] today”....
...“The consumer is no longer enjoying tax cuts or falling gas prices, but that’s no reason to expect a rollover,” he said....
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