Gone Too Pro: GoPro Special Report

This week, we are proud to publish a full report on GoPro, one of the best performing tech stocks of the year. In order to analyse and evaluate properly the Company, we thoroughly studied its most recent financial results and its business. We shortlisted the Company’s competitors, considering both the other consumer electronics companies and […]

BSIC Fall Recruitment 2014

Recruitment is Now open! Please apply in our Join Us section Deadline: October, 29th   […]

MARKET RECAP 11/10/2014

US US equities experienced a significant correction in their value during the week just past us. The S&P 500 went down by 3.14%, the Nasdaq Composite by 4.45% and the DJIA by 2.74%. No significant pieces of economic news were released during the week apart the minutes of the FOMC September meeting on Wednesday; these […]

End of Quantitative Easing: where to now?

After such a long period of quantitative easing, we have come to the close. The Fed will most probably end its asset purchasing programme this month, and the markets are trying to understand what will come next. The results have been barely rising real wages, quite low inflation, but a satisfactory drop in the unemployment […]

Splitting the behemoth: HP to join the separation trend

HP; market cap (as of 10/10/2014): $62.52bn On October 6, 2014 the Hewlett-Packard Company (HP) released its plans to split by end of October 2015 into two potentially Fortune 50 companies: business-oriented HP Enterprise and personal systems-oriented HP Inc. The split is intended to be tax-free for the current shareholders who as a result will […]

Two is better than one! Or not? Rio Tinto declines a merger offer to create world’s largest mining player

Rio Tinto Plc; market cap (as of 10/10/2014): £55.42bn Glencore Plc; market cap (as of 10/10/2014): £41.52bn Rio Tinto, the England-based second-largest supplier of iron ore worldwide, has rejected a merger proposal from the smaller Switzerland-based rival Glencore, preventing a deal that would have created the largest player in mining and commodities globally. In fact, […]

Citigroup to spin off its historical branch OneMain Financial

Citigroup Inc.; market cap (as of 10/10/2014): $151.92bn On October 8, 2014, Citigroup filed for a $50m initial public offering of its subprime consumer lending business OneMain Financial. The $50m offering is just a placeholder amount, a figure used to calculate registration fees, but if the transaction goes ahead the amount raised would likely raise […]

MARKET RECAP 03/10/2014

US Last week’s losses were followed by some more, as the S&P 500 lost 0.75% to close at 1967.9 and the NASDAQ Composite and DJIA went down 0.81% and 0.6% respectively from their values at the end of last week. Stocks took a beating on Tuesday and Wednesday especially as the data on consumer confidence […]

An overview of the Italian Energy Market: A2A S.p.a

Italy represents the third largest market for energy service in Europe. A brief background catch up of the Italian market should be given: Italy’s main energy supplier is ENEL S.p.A, holding a 45% market share; that is to say, the remaining side of the supply is left for all the other competitors. With the new […]

Yahoo!: rising phoenix or chicken to the slaughter?

Yahoo! Inc.; Market Cap (as of 03/10/2014): $40.28bn Yahoo!, the American multinational corporation, is at a turning point of its existence: being the second largest shareholder in the e-commerce company Alibaba, it was to forced to sell 27% of its stake after the Chinese giant went public on September 19 in New York, thus finding […]

UniCredit and Santander to merge their Asset Management Units

UniCredit SpA; Market Cap (as of 03/10/2014): €35.45bn Santander SA; Market Cap (as of 03/10/2014): €87.68bn On September 22, UniCredit, the largest Italian bank by assets, and Santander, the largest bank in the Eurozone by market value, are in talks to merge their asset management units to create a European powerhouse with more than €350bn […]

PayPal finally “cuts the cord”: Icahn’s dream comes true

eBay Inc, Market Cap (as of 03/10/2014): $67.46bn On September 30, John Danahoe, president and CEO of eBay, revealed the intention to spin-off its payments arm PayPal into a publicly traded company by the end of the next year. The CEO pointed out that, although both companies are already two great businesses and leaders in […]

Scramble to fend off takeover: Allergan vs. Valeant

Valeant Pharmaceuticals International; Market Cap. (as of 3/10/2014): $42.9bn Allergan Inc.; Market Cap. (as of 3/10/2014): $53.64bn As low debt obligations alongside large cash holdings and patent expiration liabilities continue to foster a conducive environment for M&A activity in the pharmaceutical and biotech industry another multi-billion dollar struggle has emerged: Valeant’s hostile takeover of Allergan. […]