Hints and tips:
...“We want to build the capabilities that give us the ability to swiftly win any war we are forced to enter,” he says. The thesis is not original....
...Moved by her daughter’s ability to imagine her life after the accident, Sarah vowed to recover as quickly as she could....
...L’Oreal’s been downgraded at Credit Suisse. Stock priced for a V-shaped recovery that’s looking increasingly unlikely, they say: Downgrade to Underperform (from Neutral)....
...Because of its merger with Sprint in Apr-20, TMUS's portfolio of spectrum below 6 GHz is now c.3x that of Verizon and c.2x that of AT&T....
...And RBC: G4S has a strong market position in an industry with some structural drivers and enjoys a competitive advantage from its ability to integrate services and from its technology capabilities....
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...at the ‘C-suite’....
...net debt of c£18.9bn....
...UK recovery will be slower than peers: (a) larger service sector: (b) weakness of business investment: (c) lack of clear social distance messaging....
...We also suspect the retail element in healthcare will take time to recover....
...It will certainly require evidence of a V-shaped economic recovery to ignite demand for cyclical and value stocks....
...As a result, Ashtead now sees PBT for the financial year ending Apr-20 to be c£1,050m (-10% vs. previous consensus c£1,170m)....
...Then after the summer break, BP will present its updated Strategy on 14-16th September....
...Increased focus on the home, reversing some L-T adverse trends....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...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....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...As investors contemplate these offerings, we do believe that the cruise industry will recover once travel returns to normal....
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
...We forecast c.10-15% FY20 earnings decline in Construction, but Support Services should be more resilient....
..., particularly hygiene disinfection services....
...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....
...GK says it offers services including interior design, communication and “vision”....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...Over the summer, they pushed for the ousting of Ailes over allegations of sexual harassment....
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