Tag: asset management
Investors sweat dets of DowDuPont deal
Some people are hard to please… Andrew Liveris, the CEO of Dow Chemical, has been busy… He is merging the company with DuPont, and then promptly splitting the company into three pieces, something activist investors have been advocating for years… But instead of being happy, the activists are carping about the details… David Benoit of […]
Big challenge looms for Republicans
President Trump and the Republican Congress have failed to pass any significant legislation over the past six months… Kate Davidson of the Wall Street Journal asks the next logical question: What if they cannot pass the debt ceiling increase in September: Next Up for GOP Congress: Raising the Debt Ceiling…
Utility help their customers compete
There is a growing trend for local electricity utilities to encourage local and residential power… It takes pressure off the grid, and the utility can still earn a reasonable rate of return… Diane Cardwell of the New York Times has an example: Utility Helps Wean Vermonters From the Electric Grid
Spain re-emerges
Spain is starting to grow again, from a very low base… The country is once more competitive in the world economy… It’s a reasonable place to do business again for two reasons: A decade of recession has made skilled labor and rents competitive in price… And the low euro has made the prices affordable… Peter […]
Reorg whispers dog tech giant
How the mighty have fallen… Anonymous “people involved in talks over the workout” have told the Wall Street Journal that Toshiba may file for bankruptcy: Toshiba Bankruptcy Filing Pushed by Some Involved in Workout… Rumors like this can become self-fulfilling prophecies…
Twitter has a simple problem
Twitter continues to have the same issues, an inadequate revenue model… Miriam Gottfried of the Wall Street Journal has the story: Investors Don’t Believe in Twitter’s Turnaround…
Reasons to be nervous? Let Oaktree’s Marks count the ways
Bearish Howard Marks of Oaktree has issued another warning… As per his style, he has lots of excellent examples, including the enormous $100 billion fund raised by SoftBank on the back of one great investment (Alibaba)… And what he calls the “unfounded fad” of bitcoin… Devin Banerjee of Bloomberg has the details: Howard Marks Sounds […]
There’s hidden risk in Boeing’s cash hoard
Julie Johnsson of Bloomberg has a very thoughtful story today: Boeing’s ‘Monster’ Cash Haul Gives New Boost to Top Stock on Dow… The cThe hidden rompany has been building cash, and using it to buy back shares, which has been very good for the stock price… But there is a hidden cost… Downstream suppliers are […]
Greece is the word in sovereign market
After Argentina, now Greece returns to the world bond market… Liz Alderman of the New York Times has the story: In Sign of Progress for Greece, Investors Eagerly Snap Up New Bonds…
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