Kohlberg, Kravis and Roberts & Co LP market cap (as of 15/03/2013): $13.27 bn Gardner Denver Inc. market cap (as of 15/03/2013): $ 3.69 bn Deal Type: LBO 100% On the 8th of March it has been reported that Gardner Denver and KKR have signed a definitive agreement in which Read more…
Trade idea: take advantage of the low-volatility environment with a butterfly strategy After breaking several all-time highs the US indices are now poised to move higher with less and less volatility. Good news coming from the job market and retail sales is welcome with a sudden decrease in implied volatility Read more…
Herbalife LTD. is a small cap company, by every measure. It sells weight management, nutritional supplement, energy, sports & fitness products and personal care products. It was founded in 1980 by Mark Hughes, who is still the president. It has a market capitalization of $4.27bn and some growing net sales. Read more…
HSBC Holdings, Plc Market Cap (as of 8/03/13): $203.55bn Newcastle Investment Corporation Market Cap (as of 8/03/13): $2.83bn On March the 5th HSBC Finance Corporation, a wholly owned subsidiary of HSBC Holdings Plc, agreed to sell a portfolio of unsecured and homeowner loans to Newcastle Investment Corporation and SpringLeaf Finance, Read more…
Manchester Airport Group PLC – Market Cap: N/A (private company) Heathrow Airport Holdings LTD – Market Cap: N/A (private company) Deal type: 100% Acquisition Size: £1.5 bn Heathrow Airport Holdings LTD announced on 28th February that it has completed the sale of its 100% interest in Stansted Airport LTD to Read more…
Trade idea: exploit the autocorrelation of all-time highs The US is growing, unemployment is back to 2008 level and confidence has increased. Stocks followed through and set an all-time high. The situation we are in puts many investors out of their comfort zone. Many seek to get back into stocks, Read more…
Technical analysis: Facebook has been out of favour for a while, following a disappointing IPO that pushed into negative territory the P&L of the new shareholders. However, during the downturn a bullish pattern has formed. The stock trajectory has created a cup-and-handle that historically predicts a surge in price. The Read more…
Trade idea: Long Eurostoxx 50 We believe that the current bullish sentiment can continue in the short term so we suggest to take a long position in the risky assets that have been underperforming during the recent weeks and that did not break out their recent highs. Scanning the markets Read more…
Follow-up on last week’s trade idea Last week we recommended to exploit the breakouts that many stocks were poised to make. A breakout is a situation where a stock is about to break highs but it’s resilient to do so as it is held back by fear. A increase in Read more…
Follow-up on last week’s trade ideas: Change our spread Long NZDJPY Short Nikkei future Mar 13 With regard to the former idea of trading the spread Long NZDJPY Short Nikkei Future we have been encountered a loss of -2,51%. This was due to the high volatility of the Nikkei pushed Read more…
Linn Energy, LLC Market Cap (as of 28/02/13): $8.94bn Linn Co, LLC Market Cap (as of 28/02/13): $1.36bn Berry Petroleum Market Cap (as of 28/02/13): $2.5bn Repsol SA Market Cap (as of 01/03/2013): $27.36bn Royal Dutch Shell Market Cap (as of 01/03/2013): $212.76bn The energy sector has been experiencing a Read more…
AMR Corporation – Market Cap (as of 01/03/13): $ 0.84 bn; US Airways Group Inc. – Market Cap (as of 01/03/13): $2.19 bn Deal type: 100% Acquisition Size: $6.12bn On February 14, AMR Corporation, the parent company of American Airlines, and US Airways Group Inc., announced that the boards of Read more…
Trade Idea: exploit bullish breakouts and buy protection with an Index short trade Bad news coming from Europe with the altogether disappointing outcome of our elections did not divert the uptrend of the US indices. The Dow Jones surged close to the key 14,082 resistance. As it is usually observed Read more…
Elan Corporation PLC – Market Cap (as of 01/03/13) : $6.7bn Royalty Management, LLC On Monday, 25 February 2013, Royalty Pharma, the American private equity firm investing in acquiring drug royalties, made an indicative offer to acquire all the outstanding shares of Elan Corporation, the Irish biotech company listed in Read more…
Trade idea: short Mediolanum In the next few weeks Italian financials will be under stress in our opinion. Uncertainty is likely to keep ruling the markets for political reasons and macroeconomic fundamentals are still concerning as shown by recent releases of February PMI index (45.8, -2 month on month) or Read more…