Northrop Grumman (NYSE: NOC) – market cap as of 23/09/2017: $49.02bn Orbital ATK (NYSE: OA) – market cap as of 23/09/2017: $7.64bn Introduction On September 18, 2017, aerospace giant Northrop Grumman announced the acquisition of Orbital ATK for approximately $9.2bn, of which $1.4bn financed through debt. The deal, to be Read more…
United Technology Corp. (UTX:NYSE) – market cap as of 16/09/2017: $90.33bn Rockwell Collins Inc. (COL:NYSE) – market cap as of 16/09/2017: $21.30bn Introduction On September 4, 2017, United Technology Corp. announced the definitive agreement to acquire the aviation system and cabin equipment maker Rockwell Collins Inc. for a total transaction Read more…
I. OPEC and price trends Oil prices have been declining since last summer on concerns about production outpacing demand: the Brent slid by almost 30% from $115 in mid-June to the recent low of $76. Will prices carry on falling? Or have we hit the bottom? Next Thursday’s OPEC meeting will Read more…