Off-Price

Fly Charts: H&M's Bargain Bin and AbbVie's Tax Rudeness

From Nintendo's boring trend to health care profit excess, here are four charts that tell you what you need to know in business today.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Nintendo's boring trend to health care profit excess, here are four charts that tell you what you need to know in business today.

Money Maker

Take a look at health-care company profitability and you can see why Jeff Bezos, Warren Buffett, and Jamie Dimon are teaming up to cut costs.

Source: Bloomberg

Undercut

AbbVie's extremely low tax rate guidance is making its big pharma peers look bad.

Source: Bloomberg

Burn Baby

H&M's plummeting sales and deteriorating cash position are giving it a needed shove toward an off-price store concept.

Source: Bloomberg

Cash Flows

Nintendo sales and earnings trouncing guidance came as no surprise. But a hefty dividend hike was a different matter.

Source: Nintendo, Bloomberg

Note: Fiscal period ending March of stated year.

And don't miss Lionel Laurent on the consequences of Capita's woes: "Nor is this happening in an ideological vacuum. Jeremy Corbyn, the popular leftwing leader of the opposition Labour party, is sure to seize on another chance to attack the "costly racket" of outsourcing public services -- a model so warmly embraced by his predecessors Tony Blair and Gordon Brown. And he's right to say that an infatuation with saving money for the taxpayer has led to self-harm, such as dangerously low contract bids and the transfer of risk to firms with fragile financing."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Mark Gongloff at mgongloff1@bloomberg.net

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