Hints and tips:
...was a disagreement over the appointment of new board members at the £13.4bn FTSE-listed company....
...David Hollingworth, director at broker L&C Mortgages, says the Help to Buy equity loan — available in England, Scotland and Wales in various forms — has helped many people get on the ladder or make their...
...Increased focus on the home, reversing some L-T adverse trends....
...They reside on a 2021E price-to-book multiple of c.1.04 times with a dividend yield of c.4% - our dividend forecasts already assume a 2.5 times dividend cover....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...In March F1 signed a long-term sponsorship deal with Saudi Aramco, the state oil company, but a looming global recession has led to companies slashing marketing budgets....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...However, a more bearish scenario similar to McLaren is emerging. With over £500m liabilities repayable in Q1/20 and limited visibility on receivables, a second equity raise may be needed in H2/20....
...Most life companies have limited exposure to speculative grade market....
...This action frees up c£2.5bn in cash flow for other uses and protects the BBB+ credit rating, according to the company....
...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...
...There is a limited overlap between the two companies, so although a full purchase of L'Oréal by Nestlé would be huge, the antitrust hurdles are straightforward."...
...In a truly candid interview with Texas Monthly, Mackey (pictured below, right, in 1984) went on to attack Jana for being “greedy bastards”, complained that Wall Street doesn’t get his company, and vowed...
...Haas has a quiet, determined manner, blue eyes pensive under a thatch of silver hair, and fits easily in the polished setting of an F1 garage, like a mechanic who has been dry-cleaned....
...There are limited upsides from a weakened government because uncertainty is never good but look for some silver linings: weakness forces more consensus; the young vote is now more engaged in British politics...
...is unaware of its obligations towards its workforce — indeed, without an engaged workforce a company has a limited future....
...Further to its announcement of 22 January 2015, Quindell Plc (AIM: QPP.L) notes the further press speculation and announces that it has extended Slater & Gordon Limited’s (“SGH”) exclusivity period relating...
...Although the challenges are formidable, there is a silver lining....
...This is why a Big Mac in Paris, Texas, tastes the same as one in Paris, France....
...Redburn also argued that T&L could be a target for Bunge, its US peer....
...Five years ago, L&G managed £102bn (€123bn, $148bn) and BGI £95bn....
...“The two companies would fit together well with relatively little overlap and where there is overlap it is in products with limited profitability.”...
...remuneration components includes an adjustment for all types of current and future risks (…); (l) (…) (m) a substantial portion, which is at least 40 % of the variable remuneration component is deferred...
...An accrued interest of Rs 376 crore which is non-existent c. An understated liability of Rs 1,230 crore on account of funds arranged by me. d....
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