Hints and tips:
...The top 10 stocks make up around 30 per cent of the MSCI USA index, but this rises to just over 40 per cent for the MSCI China Index; over 48 per cent for the MSCI UK Index; and over 58 per cent for both...
...Puzzle 2510 P ConNers v Maia Chburdanidze, Lippstadt 2000. White to move and win....
...With a person dying from hunger every 36 seconds in east Africa’s worst drought for 40 years, it’s time for radical change in how we finance global public goods, writes Oxfam’s Dhananjayan Sriskandarajah...
...Autodesk is down 24 per cent, while Infineon is down 40 per cent. Naturally, some view this as a buying opportunity....
...On the day it opened to the public, the Illustrated Times estimated that 30,000 to 40,000 passengers tried to board....
...India’s score on Transparency International’s corruption perception index strengthened from 36/100 in 2013 to a high of 41 in 2019, before slipping back slightly in 2020 to 40....
...He tells the story of the first 16 years (1520-36) of Suleyman the Magnificent’s reign in an urgent, immersive, present-tense gallop....
...British Land has collected almost 90 per cent of office rents for the June quarter but only 36 per cent of shop rents....
...We would note that their market caps are $640bn—$650bn apiece, or about 40 per cent of Apple and Microsoft’s equity valuations....
...(In the UK, the headline reading was 40.7 for May). Let’s see how European equities react tomorrow....
...They accounted for 14.3 percentage points of the total decline and accounted for 57 per cent of the total compared with their 36 per cent share in the economy....
...The manufacturing PMI rose to 40.3 in May, from 31.5 in April....
...And true enough, a V-shaped recovery is expected in earnings over the next four quarters when looking at what analysts expect for the S&P 500....
...Accommodation and food services were the hardest hit, with businesses in these sectors reporting 40 per cent and 23 per cent of their workforces furloughed respectively....
...We have therefore halved earnings from the event, leading to EPS downgrades of 2% to 34.7p in FY20E and 10% to 36.2p in FY21E....
...Tim Bradshaw 36....
...However, the mix of demand has shifted slightly to more days at home: 36% would do this 1 to 2 days a week (last survey: 39%, first survey: 42%), 43% would do so 3-5 days a week (last survey: 40%, first...
...We estimate that the Chinese cluster was 36% of Gucci Sales in FY19 vs 31% at LV and that 47% if its Chinese cluster exposure was in ML China vs 40% for LV....
...We recognise the positive off-trade sales momentum as seen in Nielsen tracked channels (Europe, USA)....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...We also raise our FY22e EBITA by 40%. Our PT moves to 145p; Overweight....
...Cineworld, up more than 40 per cent on the day, falls into that basket....
...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....
...WPP will also reduce is planned capex from £400m to v£300m....
...We see $19bn net revenue from sports betting in the USA by 2023, equivalent to a $5bn EBITDA opportunity....
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