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Why universities are teaming up with businesses

Why universities are teaming up with businesses
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Lendlease's Earnings Visibility Shrouded

Lendlease’s Earnings Visibility Shrouded
Jul 07 2021
Successful cost reductions and divestments could provide desperately needed visibility to Lendlease’s value following last week’s profit warning, but brokers want greater clarity over future earnings drivers
-Brokers suspect there’s more negative news ahead for Lendlease
-Clarity needed on future operational performance
-Review expected to target major cost savings
-Potential for re-rating over medium term
By Mark Story
Given that Lendlease Group’s ((LLC)) first half to December 2020 core $205m net profit after tax was below consensus expectations of $213m, the global property developer’s profit warning issued on 1st July shouldn’t have been too much of a shock for the market. ....

Sydney Harbour , New South Wales , City Of , United Kingdom , Morgan Stanley , Tony Lombardo , International Quarter London , Lendlease Group , Elephant Park , Ord Minnett , Milan Innovation District , One Sydney Harbour , Melbourne Quarter , சிட்னி துறைமுகம் , புதியது தெற்கு வேல்ஸ் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , மோர்கன் ஸ்டான்லி , டோனி லோம்பார்டோ , சர்வதேச காலாண்டு லண்டன் , யானை பூங்கா , மிலன் கண்டுபிடிப்பு மாவட்டம் , ஒன்று சிட்னி துறைமுகம் , மெல்போர்ன் காலாண்டு ,

Lendlease issues earnings downgrade as COVID-19 bites

Lendlease issues earnings downgrade as COVID-19 bites
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Global development giant Lendlease has issued a sharp downgrade of its operating earnings guidance to between $375 million and $410 million, in the first big move to clear the decks by newly appointed chief executive Tony Lombardo.
Driving the downgrade is the ongoing impact of the COVID-19 pandemic on Lendleaseâs operating business, particularly in the UK, as well as the status of its non-core business, the company said.
Incoming chief executive Tony Lombardo has embarked on a wide-ranging review of operations. Â
Arsineh Houspian
While Lendlease does not typically issue earnings, market consensus was for an operating profit of around $460 million. ....

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Diller Scofidio + Renfro, PLP, Carlo Ratti, Arup and OUTCOMIST Win Competition to Regenerate the Porta Romana Railway Area in Milan

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Led by OUTCOMIST, an international design team including Diller Scofidio + Renfro, PLP Architecture, CRA - Carlo Ratti Associati, and Arup won the competition to revitalize the Porta Romana Railway Area, transforming the industrial site into a diverse green neighborhood in Milan. Rehabilitating a disused railway yard into a connective tissue that links the southeast area of the city to the center, the development will generate a rich biodiverse public space, including a large urban park.
Parco Romana is an urban-scale redevelopment located in Milan’s Porta Romana district. Reinterpreting the industrial legacy of the site, the winning proposal by OUTCOMIST, Diller Scofidio + Renfro, PLP Architecture, CRA - Carlo Ratti Associati, and Arup reanimates the area with contemporary programs centered on an ethos of sustainability. Aligned with the goals of the Paris Agreement, the European Green Deal, and the National Recovery and Resilience Plan defined at the SDG level of ....

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