Hints and tips:
...One of them was a young and ambitious investment banker called Stephen Schwarzman, who had been made a partner at Lehman Brothers that same month....
...“India’s demographic bulge started much later than China’s and is forecast to continue until 2050 [so there is] a young, growing workforce versus a declining, ageing population in China....
...Many young investors have started their Isa journey using investment apps to buy fractions of popular US shares from as little as £1....
...Operating via its life insurance subsidiary Scottish Widows would be a logical echo of L&G’s strategy and something that the unit’s management had been pushing for, according to insiders....
...“I’d look at the P&L [the profit and loss statement] every day and see if it’s doing what I thought it would,” she told the magazine. “It was like an experiment. And I could see the immediate results.”...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...There has been demand for grocery delivery however negative margin discourages management to offer the service....
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...CCL’s current Price/BV stands at 0.39x, vs an average P/BV of 1x over the last year and a longer term average of 1.45x. On our TP, the implied P/BV is 0.50x....
...With the slowest profit recovery in Business Services, we initiate at Underweight....
...Rate relief drops away in FY22 so the recovery profile, in EPS at least, is not V-shaped....
...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....
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...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....
...L, until the final CMA decision, expected on 11 May....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Encouragingly, this momentum was sustained further down the P&L — reflecting the relatively small increase in costs required for FairFX to keep growing....
...Estée Lauder’s shares have outperformed the S&P 500 Personal Products index by 300 per cent and French rival L’Oréal by 165 per cent over the same period....
...Carillion has also appointed Lee Watson as “chief transformation officer”, on secondment from consultants Ernst & Young....
...As a young science fiction writer L Ron Hubbard, the founder of Scientology, was reported to have said that if a man wanted to get rich he should invent his own religion....
...Stephanie Flanders, chief market strategist for Europe, J P Morgan Asset Management I believe inward migration from the EU will be lower if and when Britain actually leaves the EU, but the overall impact...
...That is exactly what we were doing as young traders, and the rigour of the daily P&L and constant scrutiny from above proved to be invaluable as we juggled shareholders, the board, staff and customers....
...Tangle Teezer Therapy Box Thomas Miller Claims Management Tissue Solutions Travel Counsellors Turner & Townsend V Veolia Environmental Services UK Vero Software Vetted t/a Checkatrade.com Viezu...
International Edition