Hints and tips:
...H: Commerzbank, L: Coinbase What was the name of the New Jersey deli that was at one point worth $100m?...
...“Supply chain may be something where Barry needs support, but the fiscal side of things, what does the P&L actually look like? Barry is as good as they come.”...
...Japanese carmakers Nissan and Honda will be revealing their P&Ls this week....
...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....
...This is driven by General Tool rental -18% (due to volumes, not rates), and Specialty Rental +9% y/y (benefiting from providing emergency response services)....
...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....
...On a financial level, this “marketplace” service is beginning to be felt on the P+L: it contributed €30m of gross profit, 6 per cent of the €474m total, in the fourth quarter of 2019....
...through the P&L....
...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...
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Operating performance: intu’s like-for-like net rental income declined 9.1% in 2019, in line with management’s November guidance of c. 9%....
...Central banks are more experienced in dealing with liquidity crises following the GFC and their tools are tested....
...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 economic calendar for Monday is what it is (all times Hong Kong): 07.50: Japan core machine orders, money supply 12.00: Malaysia industrial production 14.00: Japan machine tool orders (preliminary)...
...Encouragingly, this momentum was sustained further down the P&L — reflecting the relatively small increase in costs required for FairFX to keep growing....
...“It is fun and effective,” says Emma Lau, P&G’s talent supply manager for northern Europe. University careers services are another source of support....
...“I would argue — and this is very much in keeping with the way many Keynesians thought in the 1950s and 1960s — that actual supply and potential supply converge, and that actual supply is driven in...
...“You have to have special tools. If you tried to take them off, you’d probably rip the wall off,” he says....
...L’Oreal plans to invest $111m in India L’Oreal SA plans to invest $111m to open more factories, laboratories and an innovation centre in India, which the French cosmetics giant wants to be one of its top...
...@re” or ”P@ssw0rd”....
...“That’s one of my best marketing tools,” he says. “Buyers are only too happy to come here.”...
...“The real challenge most management teams have is how to fundamentally change where the company is going while driving the P&L along the way”, says Mr Gunby....
...Rather than list all the single letter stocks, let’s just look at the ones that haven’t yet been taken (just in case you want one): G (was Gillette until recently), I, J, L, N, P U, V, W and Z....
...As Homebase [another Templeman-run business] has shown, any operational wobble, be it self-inflicted or market-dictated, resonates down the P&L quite manifestly,” he wrote....
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