Adidas : Road show feedback – a focus on China, Yeezy and the new CEO
>Tough H1 2023 ahead, we remain on Neutral - During yesterday’s road show with adidas, investors’ focus was on the current situation in China, the end of the collaboration with Kanye West and the arrival of the new CEO Bjorn Gulden. From the presentation we take away that: 1/ adidas is facing market issues but also company specific problems in China which the group has already started to address; 2/ managements’ plans to offset a potential revenue and earnings shortfa...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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