Hints and tips:
...Its model has been widely adopted across Canada’s public sector — CPP Investments, established in 1999 to oversee and invest the assets of the Canada Pension Plan, has grown from just C$12mn to C$536bn and...
...But I’m sure C&K will be.” Benjamin Parkin is the FT’s South Asia correspondent. Alice Hancock is the FT’s leisure industries reporter....
...Ibstock reports brick volumes are currently c.-70% YoY and concrete c.-50%, while Forterra reports bricks and blocks currently c.-50% YoY....
...The slack is only partly taken up by France P&C which is over distributing....
...Kingston Polymath 1,011: Dr S Bailey, Swindon Crossword 16,099: Suzanne P Wilson, Windermere; D Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010: Robert Jelly, Warwickshire Crossword 16,093: V...
...The energy transition strategy update in March is key to becoming more positive on the stock, absent a V-shaped recovery for their O&G customers. Glaring value?...
...Weighing in at ~7,000 words and with 84 references, G4S’s Wiki “controversies surrounding . . .” rap sheet is longer than the ones for the Legion of Christ and Grand Theft Auto V, though not quite as long...
...(e.g Allianz offers 6.7% for 2020)....
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...Unilever “needs to reinvent itself” and “needs to look more like P&G” by adding “later income cycle adopted products.”...
...Citi downgrades AB Foods and Marks & Spencer in a retail note....
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...AB Foods, Kingfisher and Marks & Spencer become our new top picks....
...Helpful, then, that Halfords is the market leader in bicycle sales (c.25% market share) and PACs (c.15%)....
...The mutual fund format was copied in the UK with the brave establishment in 1931 of the first unit trust by M&G....
...CPI-linked utilities (e.g....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...Noting markets down c20%+ ytd (e.g....
...As our economists have explained, on a sequential quarter-on-quarter annualised basis their US forecast shows -34% in Q2, +19% in Q3 and +12% in Q4, which looks rather V-shaped....
...WPP will also reduce is planned capex from £400m to v£300m....
...Other things equal, we expect Bloomberg consensus FY20E PBT to reduce c.£10mn to c.£455mn (adj. EPS 18.3p, -23% yoy)....
...Heading into what we anticipate to be a c....
...UK recovery will be slower than peers: (a) larger service sector: (b) weakness of business investment: (c) lack of clear social distance messaging....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...G Pradeep Kumar Mumbai, India...
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