Yahoo! Inc. market cap as of 22/04/2016: $35.15bn Introduction Yahoo! Inc. is an American multinational technology company founded in 1994 and headquartered in Sunnyvale, California. It is well known for its Web portal, search engine Yahoo! Search and related services. Its global network counts over 3bn views per day, making Read more…
[edmc id= 3787]Download here the Market brief[/edmc] US S&P 500 was driven up by the start of the earnings season after that some major US banks announced quarterly results higher than the expectations. JP Morgan Chase, Bank of America and Citigroup reported respectively earnings per share of $1.35 on Wednesday, Read more…
Stocks have risen sharply since 2011, while earnings have lagged Consider this: Since the beginning of 2011 the S&P 500 has risen by more than 60%. On the contrary, aggregate GAAP earnings of the companies included in the index have actually dropped, while Non-GAAP income (a measure that generally smoothes Read more…
Japanese Yen touched a 17-month high of Y107.61 versus the US dollar this Monday. The safe haven currency has rallied more than 10 percent after Bank of Japan’s surprising negative interest rate decision on banks’ excess reserves in late January. Japanese government also sold 10-year bonds with a yield below Read more…
Alaska Air Group Inc., Market cap $10.23bn as of 15-04-16 Virgin America Inc., Market cap $2.45bn as of 15-04-16 About Alaska Air Group Inc. Alaska Air Group, Inc. is an airline holding company founded in 1985 and based in SeaTac, Washington that mainly serves the Pacific Northwest and Alaska. It Read more…
Vivendi S.A. Market Cap; as of 15/05/2016: €25.68bn Mediaset S.p.A. Market Cap; as of 15/05/2016: €4.59bn About Vivendi S.A. Vivendi S.A. is a French conglomerate operating in four main sectors: television and film, music, ticketing and publishing. This media giant manages its businesses through its subsidiaries Canal+ Groupe, Universal Read more…
IHS Inc.; market cap as of 15/04/2016: $8.33bn Markit Ltd.; market cap as of 15/04/2016: $6.16bn Introduction On March 21, US-based market data provider IHS announced a merger of equals with London-headquartered financial information provider Markit in a $13bn stock deal. The new company, to be called IHS Markit, will Read more…
Sherwin-Williams, market cap as of 15/04/2016: $27.154bn Valspar, market cap as of 15/04/2016: $8.469bn Introduction Sherwin-Williams, the largest producer of paints in the United States, agreed to buy rival Valspar Corp., for about $9.3 billion, to become the world’s biggest coatings maker. This compelling combination will lead to a Read more…
Not long ago, two major oil-producing countries (Russia and Saudi Arabia) reached an agreement, according to which the stake of output of those countries was capped at January-2016 levels. The move was very unexpected, since no one had bet that the deal would be reached, thus oil prices went through Read more…
United States This week the market condition improved. The S&P 500 closed 1.46% higher on Friday at 2,022, 22 points higher than on Monday. The other American indexes followed on the same path. The Dow Jones Average 30 and the Nasdaq 100 were up 1.25% and 1.34% respectively. The VIX index finished Read more…
Euro Area annual inflation was -0.2 % in February 2016, down from 0.3 % in January 2016. Looking at the main components of euro area inflation, services have the highest annual rate in February (1.0 %, compared with 1.2 % in January), followed by food, alcohol & tobacco (0.7 %, Read more…
Mondelez International; market cap as of 11/03/2016: $66.46bn Introduction Lavazza, the leading company in the Italian coffee market, has agreed to buy the French brand Carte Noire for €700m in order to pursue its international expansion. This deal is a result of the EU regulators’ decision according to which the Read more…
Samsonite Market Cap: $24.43bn (as of 12/03/2016) Tumi Market Cap: $1.83bn (as of 12/03/2016) Introduction Last week, the world’s biggest luggage company, Samsonite, zipped up a deal to acquire luxury rival Tumi for around $1.8bn. This acquisition will be the largest one for Samsonite since its IPO in 2011. After Read more…
London Stock Exchange Group plc.; market cap as of 04/03/2016: £9.93bn ($14.13bn) Intercontinental Exchange, Inc.; market cap as of 04/03/2016: $28.41bn Deutsche Boerse AG; market cap as of 04/03/2016: €14.31bn ($15.74bn) Introduction Last week’s rumors about a “merger of equals” between LSE and Deutsche Boerse officially put LSE “in Read more…
Oaktree Capital; market cap as of 04/03/2016: $7.33bn (£5.15bn) Countryside Properties plc.; market cap as of 04/03/2016: £ 1.01bn Introduction On 14 January, 2016, Countryside Properties plc. (Countryside), UK-based real estate developer controlled by private equity firm Oaktree Capital Management, L.P. (Oaktree),announced its intention to proceed with an initial public Read more…