This report from AstraZeneca is a valuable

canada goose outlet https://www.fcvfrankfurt.de About The Fact Checker In an award winning journalism career spanning nearly four decades, Glenn Kessler has covered foreign policy, economic policy, the White House, Congress, politics, airline safety and Wall Street. He was The Washington Post’s chief State Department reporter for nine years, traveling around the world with three different Secretaries of State. Before that, he covered tax and budget policy for The Washington Post and also served as the newspaper’s national business editor..

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canada goose uk outlet First quarter (April June) earnings beat analysts’ expectations on Wednesday with consolidated profit growing 18.7 percent year on year to Rs 553 crore while revenue grew by 10.2 percent to Rs 4,082 crore, aided by volume growth.Operating profit climbed 20.9 percent to Rs 820 crore and margin expanded by 180 basis points to 20.1 percent on yearly basis, aided by lower raw material prices despite higher promotional spends.Brokerage houses are mixed on the counter as overall they waited for monsoon and 7th pay commission to reflect in earnings, though the company maintained double digit volume growth when every single consumer goods firm is grappling with slowdown issues.With retaining neutral rating as valuations remain stretched and raising target price to Rs 960 (from Rs 880 earlier), Credit Suisse increased its 2018 earnings by around 4 percent, given the clear commentary of improving volume trends and benign input costs but says the reason for pick up in volume is not clear as monsoon and pay commission are yet to play out.»What is surprising is that Asian Paints is seeing such strong volume growth despite the overall weakness in rural demand for other consumer companies and two back to back failures in the monsoons. Triggers such as good monsoons in FY17 and the pay commission impact in urban home improvements are yet to play out, and even before that demand trends have picked up to strong levels,» it explains.The brokerage believes the strong volume traction will provide downside support to the stock. Asian Paints is going ahead with Rs 600 crore capex in FY17 to keep up with the high volume growth.CLSA has retained high conviction sell on the stock, though it likes company’s growth story and raised target price to Rs 925 from Rs 900.GST implementation would be a key positive catalyst in the near term, as it should reduce the tax outgo and aid conversion from the unorganised sector, the brokerage said.Nomura feels the stock is expensive at 41.3x FY18 P/E. canada goose uk outlet

canada goose coats on sale Andy Neely, pro vice chancellor for enterprise and business relations at Cambridge University, added: «The life sciences play a central role in the Cambridge cluster. Connecting people especially their skills and ideas to finance enables the cluster to grow and prosper. This report from AstraZeneca is a valuable contribution to our understanding of the Cambridge cluster, and demonstrates that the deep and lasting collaborations between businesses and our local universities are a crucial element underpinning the region’s economic success».. canada goose coats on sale

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