Hints and tips:
...net debt of c£18.9bn....
...We forecast an avg month-end net cash position in FY20 of c.£190m, (from £324m at FY19)....
...Increased focus on the home, reversing some L-T adverse trends....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...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...
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...We estimate Whitbread's annual rates bill is c.£120m, equivalent to c.35% of FY20e PBT (Feb YE). Mitchells & Butlers' rates bill is also around c.£100m, c.50% of FY19 PBT (Sep YE)....
...After growing up in the Washington, D.C., area and getting his MBA at the University of Utah, he’d come out to California in the late 1970s and never left....
...Sterling fell 1.3 per cent against the dollar as markets finally showed queasiness at the prospect of an untidy election outcome next week....
...JSB Group K Kiln Flame Systems L Leverton Clarke Linguamatics Loch Fyne Oysters London Tradition Lumishore M Marco Marketing VF Maviga International (Holdings) MBDA UK Mechatherm International...
...The company continues to demonstrate strong control of its P&L, with the FY09 results showing another year of very solid top and bottom line growth (stripping out start up losses in the USA and Tesco Direct...
...Patrick Foley, Lloyds TSB The slowdown started in the USA and its unlikely that the world economy can pick up without the USA first recovering; the idea that decoupling by major emerging markets can sustain...
...Do you think we need to overhaul not just the financial system, but also systems of trade? Flavio L....
...So an L-shaped recession in terms of trend growth but not the level of output....
...US company SGI, better known as Silicon Graphics, provides McLaren with the core technology to make that possible: computational fluid dynamics....
...“Hank” Greenberg, the former AIG chief who is fighting civil charges filed by the New York attorney general, and given that two other committee members, Wilbur L. Ross Jr and Kenneth C....
...Flom Eric Schmidt, CEO, Google Bernard L....
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