Breaking Stories »

July 28, 2014 – 8:21 pm |

US economy failed to rebound in the second quarter of 2014 as much as investors expected and the American currency declined against Euro for the first time during the last seven days.

Tomorrow FED will begin meetings to debates the interest rates pace and if the Government is going to reduce further its bond purchase monthly amount.

Investors and analysts expect the rebound to be weaker than Read more […]

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Credit Rating Downgrade: Bristol-Myers Squibb

April 1, 2013 – 9:30 am |

After performing a review of the top-tier drug makers, we are downgrading our credit rating on Bristol-Myers Squibb to AA- from AA+, reflecting its relatively large obligations, including operating leases and unfunded pension obligations. Overall, though, we still like the firm’s wide moat, large size, high cash flows, and strong financial position.

Although we see limited growth opportunities in Read more […]

Westpac’s AFS Division Sets Course for Attractive Earnings Growth

March 31, 2013 – 9:34 am |

Westpac recently showcased the Australian Financial Services (AFS) division franchise with particular emphasis on strategy, capability and leadership. As expected, the operational presentation included very limited financial information, and was heavy on positive spin. Divisional goals focus on balancing sustainable growth with high returns on equity, improving productivity and maintaining balance Read more […]

Liberty Global Acquires 12.65% Stake in Ziggo

March 28, 2013 – 7:45 pm |

Liberty Global announced Thursday that it has acquired 12.65% of Ziggo, the largest cable operator in the Netherlands, for $632.5 million. While there was speculation that Liberty Global might acquire Ziggo before it went public about one year ago, we are surprised by the purchase now that Liberty Global is preparing to acquire Virgin Media .

Liberty Global already operates a cable network in the Read more […]