Hints and tips:
...At the Fondation Cartier Pour l’Art Contemporain in Paris, the collection’s raison d’être is to generate conversation – especially about the environment – through commissioning....
...L’Atelier operates much like a department store where brands control the stock and staff while paying rent and a percentage of sales....
...Heading to Red Rock, where Daisy is to be tried and hanged, they encounter first Major Marquis Warren (Samuel L....
...Such is the level of interest that Todd Juenger, an analyst at Sanford C Bernstein, the asset management firm, said in a recent research report: “The single most frequent question we get regarding Disney...
...Its 2 per cent share of the beauty market is not far off Estée Lauder’s 3 per cent but well below L’Oréal , which has 9.7 per cent, according to Bernstein Research....
...“It’s probably not a job for people with L plates on. We will be looking for people who have some experience,” he says....
...And Sanford Bernstein, the sell-side research firm, estimates that the Selective Retailing division will have annual sales of €14.7bn by 2017....
...Ali Dibadj, analyst at Sanford Bernstein, said: “It is the duty of the board to consider the [Coty] deal. I’m hardpressed to think of anyone else that it would make sense for.”...
...However, as Sanford C Bernstein analyst Chirantan Barua points out, the 632 branches would have an even weaker loan to deposit ratio as a standalone than as a Co-op affiliate....
...L&G’s finance director said on a post-results conference call that analysts still needed to cut cash estimates, a comment interpreted by some as guiding consensus forecasts lower....
...Fair organiser Sanford Smith has got a surprising new French squeeze....
...The highlight, at Christie’s, was 14 works collected by Lord Forte, which included a rare view of London: L. S....
...In a move that was closely watched by European luxury goods groups, L’Occitane, a French cosmetics and perfumery company, listed in Hong Kong last May as part of an Asian expansion strategy....
...L’Oréal is leading the charge to fill Chinese bathroom shelves....
...Carmakers were boosted as Fiat climbed 4.7 per cent to €10.85, its highest since January, after Sanford C....
...A rumoured bid by France’s L’Oréal led Avon Products to add 4.2 per cent to $34.54....
...Andrew Wood of Sanford Bernstein says the multiple was well below the average of 17 times ebitda paid for other M&A deals in the health and personal care sector over the past decade....
...Marcus Barnard of Oriel expects L&G to be a target although it may not be the next target....
...They drew attention to L’Oreal, the French cosmetics company in which Nestlé retains a big minority, and the Mead Johnson infants’ nutrition business, as other possible targets....
...Luca Solca, analyst at Sanford C Bernstein, also points out that some companies, such as Armani, will face succession issues over the coming years....
...It forecast L&G to have generated £602m of cash in 2009....
...“Based on statements made by Resolution management we see an approach for L&G as unlikely,” said analysts at Sanford Bernstein....
...L&G, down 4.8 per cent to 62¼p, also damped speculation it might sell its asset management arm....
...Andrew Wood, of Sanford Bernstein, this week forcefully argued the case for Nestlé to pull out of L’Oréal altogether....
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