BREWED BEHAVIOUR
Lifestyle, Fitness, Health, and more.
The Retailer Ordered Cautiously
Warpaint London, the AIM-listed cosmetics group behind W7, Barry M and Dirty Works, reported first-half revenue down 17.8 percent to £40.5 million from £49.3 million. Adjusted EBITDA fell 36.4 percent to £6.8 million and pre-tax profit 33.2 percent to £4.9 million. The shares fell between eleven and fourteen percent. Gross margin rose 230 basis points to 47.3 percent. Those two facts sitting together are the interesting part, and the...
The Wear Ends Up Somewhere
Researchers at Rush University Medical Center examined autopsied brain tissue from participants in the Rush Memory and Aging Project. Of 885 participants, 701 brain samples entered the final analysis: 229 people who had received total shoulder, knee or hip replacements, and 472 without, serving as controls. Cobalt concentration in brain tissue was 8.9 percent higher in the total hip replacement group than in the no-replacement group....
The Ceiling Was a Guess
For years the accepted upper limit for eukaryotic life, meaning any cell with a nucleus, sat at around 140 degrees Fahrenheit, or 60 Celsius, established by a few species of fungi and red algae. Researchers had gone further and proposed a mechanism: above roughly 62 Celsius the internal membranes surrounding a cell's organelles should become unstable, which would make that a fundamental ceiling rather than merely an observed one. In the...
Fifty-Four Issues Became Ninety
The fourth round of trade talks between Mexico and the United States will not happen next week. It may happen in October. Luis Rosendo Gutierrez, Mexico's deputy economy minister for foreign trade, blamed scheduling conflicts, including Xi Jinping's state visit to Washington and the upcoming G20 summit. Buried in the same set of remarks is the number that actually explains the delay. The negotiating agenda has expanded from 54 issues to nearly...
Eighty-One Percent Off Is Not a Price
Carl Zeiss Meditec, the German ophthalmic and microsurgery equipment maker, has fallen roughly 78 percent over five years and about 26 percent this year alone. It has withdrawn guidance, replaced a chief executive who departed abruptly, and been downgraded by both Goldman Sachs and Bernstein. The analyst community cannot agree on what that means, and the disagreement is instructive. One discounted cash flow model puts fair value around €80.63...