Adidas : China could improve mid-2023, but Yeezy business remains risk factor
>Trying to sell Yeezy products without Kanye West - In the Q3 2022 conference call, adidas provided more insight into the Yeezy business. After the termination of the deal with Kanye West late October, adidas expects revenue shortfall of c. € 500m and a negative effect on net profit of c. € 250m. They will not sell Yeezy products in Q4 as they will have to change the design of the shoe before selling them. On this basis, we assume that the Yeezy business will account ...ACM Managed Dollar Income Fund is a non-diversified, closed-end management investment company. This closed-end investment fund is designed for investors who seek high current income and capital appreciation. In order to achieve this objective, Co. invests primarily in high-yielding, U.S. and non-U.S. fixed income securities, denominated in U.S. dollars, that it expects to benefit from improving economic and credit fundamentals. Co. may utilize leverage through the investment techniques of reverse repurchase agreements and dollar rolls. As of Sept 30 2007, Co. had total assets of $192,614,325 and investment portfolio totalled $178,906,534.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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