Hints and tips:
...Noble Francis, economics director at the CPA: Overall, better off than in the last two years....
...So basically it is somewhere between pay-to-play and gambling, though we’d be delighted to know what “non-economic conditions” entails....
...Noble Francis, economics director at the CPA, says that with such deep structural challenges the effects will not be transitory....
...Needham and D. Hotson. Charlie Bean: Few downturns are exactly alike....
...The stock trades at 21x FY22E P/E. During the lockdown, we have seen major brands, i.e....
...to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065: P...
...The group trades at 9.5x FY22e PE, cheaper than peers William Hill at 11x and Flutter at 16x....
...(d) Price/mix of only 1.4% in core tobacco business suggests acute pressure from down-trading –this has been highlighted by Altria and PM as well....
...The operator that still has the most upside is William Hill, in our view (Buy, 230p TP)....
...today quoted the latest CPA forecast for 2021 residential new build volumes to be c.80% of 2019 levels)....
...net debt of c£18.9bn....
...We’d like to share more but SocGen won’t send us the full note....
...We think the threat of insurtech disruption to life and retail P&C insurers may be greater than for commercial P&C (re)insurers given the more complex nature of commercial risks, fewer threats from non-insurance...
...Overall, this is a strong Q1 update from Cranswick and we would expect to increase our top-of-the-range FY21 earnings forecasts by c.3-4%....
...William Hill, GVC etc all little changed....
...Whilst the mid-term investment case retains merit, the breakup story has become less compelling given 2019's c.2-point P/E re-rating and confirmation the Consumer spin will have to wait until H2'22, leaving...
...The ONS estimates the value of land and assets-over-land to be over £5tn compared to a GDP of c£2tn....
...“People ask me if I knew I’d get a Nobel prize. I always say no, but I knew I’d get a PhD.”...
...Then to Washington D.C, where sacked FBI chief James Comey will begin his testimony to lawmakers at 15:00 BST....
...John Williams of the San Francisco Fed and Dennis Lockhart of the Atlanta Fed are among those who have insisted a move should be an option in June given signs of a bounce-back in economic data in the second...
...John Williams of the San Francisco Fed and Dennis Lockhart of the Atlanta Fed have said a move should be on the table as soon as this month’s meeting, and certainly in June....
...In recent days a series of Fed speakers including John Williams of the San Francisco Fed and Dennis Lockhart of the Atlanta Fed have signaled that a second rate rise could nevertheless remain on the table...
...A) JM Keynes B) Lord Montagu Norman C) JP Morgan D) William McChesney Martin E) Paul Volcker D) William McChesney Martin 18....
...It is unlikely that he will go much further unless a) financial crisis intervenes b) the election is brought forward or c) war is declared....
...Priced at $1.1m, WFP founder William Moody says the property is an opportunity to buy into the area relatively cheaply....
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