Hints and tips:
...Oh, is it the one with the specialty bar? The one where Rachel tells Ross? The one that leaves you with about a year to live?...
...Now it risks losing most of its investment — debt rating agency S&P Global expects AMC to run out of cash in six months....
...Yet Germany’s hospitals are bracing themselves for an influx of Covid-19 patients in the coming weeks as health experts warn of an “exponential” rise in new infections....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...After surging prices in April — the biggest rise on the S&P 500 since 1987 — we are already well along the uphill slope of the V....
...“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.”...
...Based on our revised forecasts, Hikma trades on a 2021E P/E of 16.6x, a 26% discount to its UK specialty peers....
...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....
...RB's unmatched P&L flexibility is paving the way for fast improving market share momentum, notably in the 20% of its cells that have been persistent underperformers. ... and for Unilever, a €43/£40 target...
...• 2) On P/E metric, Cyclicals are not at extremes vs Defensives ... Their P/E relative bottomed at 0.7x and 0.8x in the last two downturns, vs 1.0x current....
...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....
...We also note S&P’s CreditWatch on the BBBrating will be resolved when ‘financial performance and liquidity resulting from COVID-19 can be assessed’....
...On our current published forecasts, Royal Mail trades on a March 2020E P/E of 10.3x and EV/EBITDA of 3.6x (rising to a March 2021E P/E of 13.4x and EV/EBITDA of 3.8x)....
...More than half of patients in both treatment groups were discharged from the hospital by Day 14 (5-day: 60.0% vs. 10-day: 52.3%; p=0.14)....
...K&L Gates has added David Owen as counsel to its asset management and investment funds practice. Owen joins from Allianz Global Investors....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Results from L&G, TT Electronics and Elementis. ... Hostelworld and Wizz Air both give light warnings due to the obvious. ... Malarkey Tuesday. ......
...But when everything explodes, your P&L explodes with it, and that is what we are currently living through....
...The effects of the abortion, which takes the form of an induced miscarriage, nearly kill Ernaux: she ends up in hospital through heavy loss of blood....
...L. Shaiman Leveraged loans are not a systemic risk Many people appear to conflate the concept of “credit risk” with “systemic risk”....
...Encouragingly, this momentum was sustained further down the P&L — reflecting the relatively small increase in costs required for FairFX to keep growing....
...They point to successful club deals such as the acquisition of hospital operator HCA Healthcare, which was financially sound....
...Even the more defensive S&P 500 Healthcare Index is lagging behind, with its 4.1 per cent gain in 2016 making it the third-worst performer among the 10 major S&P sectors....
...The productivity growth rate of US hospitals has been underestimated by the official data, which fail to properly adjust for the severity of patient illness, according to a study by John A Romley, Dana P...
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