Hints and tips:
...Four have adopted pro-ESG laws, according to the K&L Gates law firm....
..., UK, US: S&P Global flash manufacturing and services purchasing managers’ index (PMI) data Japan: Chain Stores Association March supermarket sales UK: ONS March public sector finances and Kantar grocery...
...group....
..., Sydney; Ardeshir Dalal, Texas; Markos Komondouros, Athens Polymath 1,063: John Buxton, Chesterfield Crossword 16,407: J Welsh, London; VW Durham, Cumbria, England; Rowan McKittrick, London Polymath...
...The three months to June is set to be one of the best quarters for the S&P in 45 years, according to Bespoke Investment Group, a New York analysis company....
...P review out....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...K&L Gates has hired Skylor Hearn as a government affairs adviser in its public policy and law practice. Hearn spent more than two and a half decades at the Texas Department of Public Safety....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...It will certainly require evidence of a V-shaped economic recovery to ignite demand for cyclical and value stocks....
...That also meant “all of the increase in revenue YoY comes from the client P&L (client losses) and hedging income”....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...What happens further down the P&L is largely a question of capital structure, but it appears most will be either loss-making or make only marginal PBT....
...With top-line beat flowing through the P&L, core op. profit was +8% vs cons and core EPS +12%. ¾ of the EBIT beat seems inventory related. Q: What were the most noteworthy areas in the results?...
...and the value of the group....
...What is the likely shape of the growth trajectory? V, U, or L?...
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...16, ranges from £403 million to £434 million’) and have maintained Footasylum’s contribution to the P&L, until the final CMA decision, expected on 11 May....
...Smith & Williamson, a partnership, is largely owned by its staff but the Canadian investment group AGF also owns a stake....
...Following last week’s award of a new £227m government contract, the group has today announced a £140m contract extension with the BBC to keep providing services up to 2023....
...And, finally, support services and construction group Interserve has warned that 2 will become 1 – on its bottom line....
...Babcock, thank goodness, as a provider of support services to the military, is much more of a “Good show Major… aye aye Cap’n” sort of company – although it has landed a c€500m air training contract for...
...Zafar Khan, the group’s finance director, has left with immediate effect, while its chief operating officer and managing directors for its services and construction arms will leave at the end of this month...
...On the stroke of 9am, agents from the FBI, the Internal Revenue Service’s Criminal Investigation Division, the US Postal Inspection Service and local law enforcement bodies emerged from their vehicles before...
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