Facebook – WhatsApp: the price is…

Facebook Market Cap (as of 21/02/2014): USD174.89bn Facebook, Inc. the listed US based company headquartered in Menlo Park, California, has signed a definitive agreement on Wednesday, the 19th of February to acquire the venture-backed WhatsApp Inc for USD16bn plus USD3bn in restricted stock units (RSU from now on). The deal is the largest acquisition of […]

BSIC Market Recap 22|02|14

[edmc id=1325][/edmc] BSIC MARKET RECAP 22/02/2014 U.S. Stocks in the U.S. edged lower on Friday after quite a good week data wise: producer and consumer price index coming in as forecasted but better than expected on a monthly basis, markit’s manufacturing PMI scoring the highest variation in nearly four years. The labour market was not […]

UK Pet Care Market on the exchange

Pets at Home Group Plc Market Cap (as of 21/02/2014): N/A KKR & Co. LP Market Cap (as of 21/02/2014): $16.683bn On February 19th Pets at Home Group Plc, the UK’s largest specialist retailer of pet products, announced its intention to float on the main market of the London Stock Exchange with primary shares. In […]

Pandora, quo usque tandem?

In our previous semester, we repeatedly stated our bearish position on Pandora Media (P). Our analysis focused mainly on three key points: – Growing competitors – Slowing users’ and revenues’ growth – Unprofitable Business model Since our first report  the stock is up 50,6% and 218.88% YoY: investors feel confident about Pandora’s business. Nevertheless, it […]

Actavis and Forest Laboratories are going to create a long-term powerful “engine”

Actavis Plc, Market Cap (as of 21/02/14): $38.35bn Forest Laboratories Inc, Market Cap (as of 21/02/14): $26.36bn On February 18th, 2014 the Dublin-based generic drug maker, Actavis PLC, announced an acquisition of the New York-based specialty drug maker, Forest Laboratories Inc, in a $25bn cash-and-equity deal. If successfully completed, the transaction will merge two of […]

L’Oréal’s partnership with Nestlé gets a makeover

Nestlé SA Market Cap (as of 14/02/14): CHF 213.2bn L’Oréal SA Market Cap (as of 14/02/14): € 74.2bn The much-anticipated decoupling of French cosmetics company L’Oréal from Nestlé, the Swiss food giant, captured headlines at the beginning of the week in light of L’Oréal’s announcement that it reached a deal to buy back 8% of […]

What has been and what might be

Since the last time we wrote, many things have happened on the markets. The Fed has finally turned on its tapering programme in mid-December and said it would unwind its asset purchasing by another 10 billion in February. This long expected event has provoked what news broadcasters all over the world have been calling the […]

Are luxury stocks too expensive?

Since the beginning of the year, a sector rotation seems to have started: cyclical stocks, especially those that are more exposed to Europe, have taken advantage of the improvement of the general feeling, while non-cyclical securities have experienced a general downturn. Among the latter category, luxury stocks (that have outperformed the market for months) have […]

Time Warner Cable agrees to merge with Comcast for $45.2bn

The US media and technology conglomerate, Comcast Corporation (NASDAQ: CMCSA) has reached an agreement in merging with competitor Time Warner Cable (NYSE: TWC) on Feb. 13, 2014, for a price of $45.2bn. The deal will be a stock-for-stock transaction with TWC’s investors receiving 2.875 Comcast stock for each of their shares; this means that approximately […]