2015년 6월 24일 수요일

New Data Dumpt

Martin Wheatley, head of British FCA, commented that regulating asset managers who are responsible for "maybe 15 percent of liquidity flow" is perverse when the government leaves off-shore vehicles alone.

Pernod Ricard, headed by grandson of founder Ricard and owner of Absolut and Ricard brands, is struggling.

Fosun, after buying Club Med and Cirque du Soleil, bids for Bnaco Novo, the biggest bank in Portugal.

J&J lost the bid for Pharmacyclics -AbbVie took it for $21bn.

Elliott Associates revealed 7.1% stake in Samsung C&T. This will not be easy for the Elliott peeps.

Fuld made a public comeback unrependent and blamed the government for "mandating" its bankruptcy.

The chip-making industry is no longer a growth industry and scale is important for major players like Samsung and Apple. Avago (Singpoare) has acquired US' Broadcom, and we should expect more deals like this from the fabless industry.

Google has already sold 1m of its Google Cardboard, and its JV with GoPro (16-camera device + Google algos) will be interesting.

Hanergy is finally being investigated after its stock price doubled and halved on the same day.

Carved out of RBS in 2010, Worldpay offers payment services for businesses and will go public with $8bn valuation and most likely be marketed as fintech.

A new bacetria has dealt a severe blow to Italian olives. Extra virgins will face pain.

Whole milk powder, the global benchmark, is at its lowest level since reaching $6,000 peak in 2013. Now it's $2,400.

Maersk has ordered 11 new vessels to remain the world's largest container shipping company. With market share of 15% of seaborne freight, the Danish company is a bellwether for global trade. Daewoo won these orders.

Dixons Carphones' merger has proven to be successful.

2015년 6월 23일 화요일

Data Dump June

Petrobas just issued century bonds with 8.75 yields. With such time horizon, principal repayment is discounted into a few cents. Past issues have come from France's EDF and Mexico in April.