Hints and tips:
...(Ethan Wu) One good read The case that we’re witnessing “an unprecedented watershed of medical innovation”....
...It’s all very colourful though. 5) Fern Labs Inc ($1mn for 5 per cent stake) There’s a company called Fern Labs Inc based at 280 Smith St, Farmingdale, NY 11735, United States, roughly in the middle of...
...“It’s a Cinderella story,” said Stacey Schultz-Cherry, an infectious disease specialist at St Jude’s Children’s Research Hospital in Tennessee....
...The S&P 500 pharmaceuticals, biotech and life sciences index has outperformed the broader S&P 500 index this year, while the Nasdaq biotech index has done the same....
...We also upgrade St....
...With Food representing 71% of UK sales and 50% of gross profit, (74% and 54% respectively inc 50% of Ocado JV) and stores still trading M&S is better shielded from lockdown than pure Clothing & Home peers...
...Here’s Goodbody: Cranswick provided a Q1 trading update this morning reporting a strong start to the year with c.19% LFL sales growth (25% inc. acquisitions)....
...This tends to be c.20% higher....
...Demand is being hit hard by store closures at peak S/S trading, impacting inflows severely....
...On current multiples LSL is trading on a PE of 12.8x fo Dec 2020 while Countrywide is on 12.2x our 2020 estimates albeit it has c. £75m of debt vs a market cap of c. £123m....
...Overall, this leads to an average margin compression of c.300bps for the sector, leading to c.40% cut to the sector’s bottom line on average....
...C & S pays well. According to disclosures made under US rules, its staff earned an average of $234,000 last year compared with an industry average of $115,000....
...In April last year, Abbott announced a $25bn acquisition of St Jude Medical. Clinching both deals would see its debt soar from $9bn to $31bn, the FT has previously reported....
...Late on Friday, we revealed that S&N had approached US-based NuVasive about a takeover of the maker of medical instruments used in spinal surgery....
...Benchmark Analysts, for instance, slapped a C$100 price target on Canopy Tuesday, which “assumes a 15x sales multiple on our 2023 sales estimate of C$5.2B, discounted back 4 years.” Right....
...Related stories ST Engineering plans medical business as population ages Singapore Airshow wraps up with no major deals announced ST Engineering moves beyond defence ST Engineering plugs robots to expand...
...” ● In brief: Jefferies starts coverage of RSA with “hold”; Shore Capital raises C&C to “hold”; Morgan Stanley restarts coverage of Intu with “equal weight”; Canaccord starts coverage of Strix with “buy...
...“Personnel recovery is under way and their condition will be evaluated by USS Ronald Reagan medical staff.”...
...There are plenty of others, including St Jude Medical (acquired by Abbott Laboratories in January of this year), which is currently battling lawsuits relating to vulnerabilities in its implantable cardiac...
...The S&P 500 and the Dow Jones Industrial Average both opened 0.1 per cent lower at 2,499.63 and 22,334.79 respectively while the Nasdaq Composite — weighed down by another day of selling in Apple shares...
...B&M’s return on capital has been rising, from 8.9 per cent in 2015 to 10.3 per cent in the past year, according to S&P Capital IQ. Net debt has also been falling and cash flow improving....
...Beyond the Square Mile Asia shares climbed following another record closing high for the S&P 500 on Wall St. Sydney’s S&P/ASX 200 index was up 0.7 per cent and Tokyo’s Topix rose 1.1 per cent....
...St Jude Medical has filed a suit against Muddy Waters, a hedge fund that said last month that the company’s cardiac pacemakers were vulnerable to cyber attacks, alleging that it intentionally made misleading...
...St Jude Medical has filed a lawsuit against a hedge fund that last month claimed its cardiac pacemakers were vulnerable to cyber attacks, alleging it concocted an “insidious scheme” to knock down the group...
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
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