Hints and tips:
...US fuel distributor Sunoco has agreed to buy pipeline operator NuStar Energy in a $7.3bn deal, including debt, as consolidation continues to sweep across the energy sector....
...The US has its “Magnificent Seven” tech stocks, Japan has its “Seven Samurai” and Europe has the “Granolas”: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oréal, LVMH, AstraZeneca, SAP and Sanofi....
...Read on for why boards and executives need to oversee corporate culture as well as the P&L, and in Office Therapy I advise a worker without children doing a lot of extra cover for the mothers on her team...
...“Not every [board] member has to be an expert in financial risk, but has to be able to read a spread sheet or a P&L [profit and loss account],” Richdale points out....
...The stock has also soared from $31 to $135.34 since that listing, inclusive of an over 100 per cent gain in 2021, dramatically outperforming the S&P 500....
...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...
...Bid pipeline falls to £4.1bn. The bid pipeline has declined from £4.9bn in December 2019 to £4.1bn....
...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....
...“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.”...
...EnQuest’s cash netback lead among UK E&P’s has improved further as yet more legacy high-cost fields are shut-in permanently....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...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....
...He said FundRock Holding was “expecting to have a challenge in terms of P&L” when it purchased the UK ACD in 2017....
...“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....
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...L, until the final CMA decision, expected on 11 May....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...But when everything explodes, your P&L explodes with it, and that is what we are currently living through....
...Women executive directors are still disproportionately likely to be in HR or marketing roles, rather than ones with real power over the P&L or pay, which then lead to the chief executive position....
...The immediate effects of the storm have been to knock out more than 3m barrels per day of oil refining capacity, or 16 per cent of the US total, according to S&P Global Platts....
...Energy Transfer Partners and Sunoco Logistics Partners, the companies leading the $3.8bn project, said in a statement that the move to block Dakota Access was a “purely political decision” on the part of...
...“Get people to have a broader experience, not just functionally, not just P&L [profit and loss responsibility], not just technical,” Alison Brittain, Whitbread’s chief executive, told the FT’s Women at the...
.... —————————- At the chief executive end of the pipeline, the supply of leaders still looks healthy....
International Edition