Cisco Systems Inc. (NASDAQ: CSCO) – market cap as of 09/02/2017: $158.55bn AppDynamics – private company Introduction On January 24, 2017, Cisco Systems Inc. announced that it entered into an agreement to acquire the private software company AppDynamics Inc. in a transaction that is valued at c. $3.7bn. According to Read more…
Johnson & Johnson (NYSE: JNJ) — market cap as of 10/02/2017: $310.36bn Actelion (VTX: ATLN) – market cap as of 10/02/2017: CHF 28.13bn Introduction On the January 26, 2017, the US healthcare behemoth Johnson & Johnson announced the acquisition of the Swiss biotech company Actelion for $30bn in cash. Read more…
Luxottica Group S.p.A. (BIT: LUX) — market cap as of 10/02/2016: €24.15bn Essilor International SA (EPA: EI) — market cap as of 10/02/2016: €23.72bn Introduction On January 16, 2017, Italy-based eyewear leader Luxottica SpA and French lensmaker Essilor International SA announced one of the largest cross-border mergers ever in Europe. Read more…
The Bocconi Students Investments Club is excited to announce our new partnership with the WHU Private Equity Conference. Are you intrigued by Private Equity, Venture Capital, and Consulting? Don’t miss your chance to apply for the 12th Campus for Finance – WHU Private Equity Conference, which will take place the 30th Read more…
Donald Trump’s economic policies focus on three key areas; protectionism, loose fiscal policy and deregulation. In this summary report, we will give an overview of Trump’s policies before exploring the effects that they have had on financial markets. For conciseness, we will not look at Trump’s immigration policies and plans Read more…
United States Not really a Black Friday for the US stock market. All the three major indexes continued their rally closing at historical highs and with similar gains. The S&P 500 closed at 2,213.25, up 1.4% from last week, the Dow Jones closed at 19,152.14, up 1.5% while the Nasdaq Read more…
The rhetoric for increased infrastructure spending as a fiscal stimulus has been particularly popular this fall. Firstly, Mr. Trump in his campaign claimed that he is going “to fix inner cities and rebuild highways, bridges, tunnels, airports, schools and hospitals”. Also, Phillip Hammond, the UK chancellor, in his Autumn Statement Read more…
Dr Pepper Snapple Group, Inc. (NYSE: DPS) — market cap as of 24/11/2016: $16.031bn Introduction On November 22, 2016, Dr Pepper Snapple Group Inc., an American beverage producer, agreed to acquire Bai Brands, another American beverage producer focused on antioxidant beverages, for $1.7bn. The deal emerges as traditional customers sway Read more…
Ctrip.com International Ltd. (CTRP:US) – Market Cap as of 26/11/2016: $22.4bn Introduction On November 23, 2016, Ctrip.com announced the acquisition of the UK travel website, Skyscanner, for £1.4bn. Ctrip looks to consolidate its position in the European market providing services for an increasing number of Chinese people flying to Europe Read more…
Boral Limited (BLD) – market cap as of 26/11/2016: A$3.79bn Headwaters Inc. (HW) – market cap as of 26/11/2016: $1.77bn Introduction On November 20, 2016, Boral announced the acquisition of Headwaters, a Utah-based stone veneer manufacturer, for $24.25 per share. Boral will pay $1.8bn in cash, for a total EV Read more…
The main purpose of the following Special Report is to understand how bear and bull markets develop over time and how it is possible to forecast their path. With respect to forecasting bear markets, our focus will be on non-parametric models developed following the algorithms of Bry and Boschan (1971). Read more…
This article will introduce an unconventional way to profit when interest rates rise using inverse ETFs. We will show the upsides and downsides of these tools, focusing on how they could be used in today’s American market. Inverse ETFs could be a useful tool to deal with the possible future Read more…
United States On the week ended November 18th, stocks continued their post-election rally. Investors appear optimistic of President-Elect Donald Trump’s proposed expansionary fiscal policies. The Dow Jones Industrial Average ended a seven-trading-day post-election rally on Wednesday, during which it gained more than 5.7% reaching a new all-time high. The S&P Read more…
Samsung Electronics Co Ltd (005930:KSE) – market cap as of 18/11/2016: $188.98bn (KRW223.117tn) Harman International Industries Inc. (HAR:NYSE) – market cap as of 18/11/2016: $ 7.622bn Introduction On November 14, Samsung Electronics Co. announced the acquisition of Harman International Industries Inc. for a total equity value of approximately $8bn, and Read more…
Oracle Corporation (ORCL) – market cap as of 18/11/2016: $165.25bn NetSuite Inc. (N) – market cap as of 18/11/2016: $7.36bn Introduction On July 28, 2016, Oracle Corporation announced that it entered into an agreement to purchase NetSuite, in a transaction valued at approximately $9.3bn. The deal values NetSuite at $109 Read more…