Hints and tips:
...Entain’s management also drew criticism from investors for walking away from two takeover approaches from US gambling operators MGM Resorts International and DraftKings, that valued it at a premium....
...Here are the highlights from his chat with Rich Repetto at the Piper Sandler conference last year: And even the language that he uses, right, is intentionally political....
...The activists want Eminence’s founder, Ricky Sandler, appointed to the board and to have a role in filling the outstanding vacancies, according to people familiar with their thinking....
...The investor communications business is unique,” said Christopher Donat, an analyst at Piper Sandler. “It’s a natural monopoly when any company has a relationship with all major brokers....
...Patrick Moley, senior research analyst at Piper Sandler, said the entrance of a large market maker such as Citadel “has the potential to drive volumes higher on these platforms”....
...Others sellside indies are looking at other ways to make money....
...Caryn Sandler, partner at Gilbert + Tobin, leads the innovation team, which has grown to more than 20 people in the past two years as it increases its expertise in informatics and predictive analytics....
...“The question is whether our equity markets are as efficient as they could be in light of the technological changes and recent developments,” he said at a conference held by Piper Sandler in New York....
...“We believe that a valuation disparity of this degree is unprecedented in similar transactions over the past decade,” said Ricky Sandler, chief executive and chief investment officer of Eminence....
...“This pace is pretty intense,” said Richard Repetto, an analyst at Piper Sandler....
...The rivalry was now “more competitive”, said Richard Repetto, a principal and analyst at Sandler O’Neill, an investment bank....
...Richard Repetto of Sandler O’Neill said ICE’s market data revenue guidance of $2.19bn-$2.24bn for this year was below Sandler’s prior estimate of $2.249bn....
...“We’ve seen this playbook before — it’s Bats 2.0,” says Richard Repetto, an analyst at Sandler O’Neill, referring to Bats Global Markets....
...Richard Repetto, an analyst at Sandler O’Neill, said he had seen an increase in Tradeweb’s market share but that stripping out voice processed trades, as well as retail trades done through Tradeweb Direct...
...We do not need to have the lowest tax rate in the world, but we should have a more competitive tax rate in America,” Mr Griffin said at the Sandler O’Neill global exchanges and brokerage conference, adding...
...Richard Repetto, analyst at Sandler O’Neill, suspects “getting the infrastructure to access retail flow” was among Virtu’s motives in pursuing the company. KCG and Virtu declined to comment....
...John Barnidge, analyst at Sandler O’Neill, said Athene was unusual in the US sector in eyeing European expansion....
...Richard Repetto, principal at Sandler O’Neill in New York, said that activity had picked up “a bit,” but many participants were already diversifying their businesses with alternative, steadier revenue....
...“What you get is an exchange licence where you can apply rules that don’t necessarily apply to the other exchanges,” said Richard Repetto, an analyst at Sandler O’Neill....
...With this in mind, Sarandos has been able to make calculated bets on splashy movies, such as the four-film deal it agreed with the comedian Adam Sandler....
...“These are the two key uncertainties,” says Tom Sporkin, a former SEC enforcement official and now a partner at Buckley Sandler in Washington....
...They were tested on August 24 when concern about growth in China and declines in Asian markets overnight snowballed into wild trading at the Wall Street open....
...Analysts at Sandler O’Neill estimated that last year NYSE generated $762m of operating income in 2014 with an operating margin of 49 per cent....
...Rich Repetto, analyst at Sandler O’Neill, said: “ICE is known for having top technology and emphasising it as much or more than any other exchange operator.”...
...Grants have accounted for only about half the LLC’s $890m of spending since inception, says Matt Bannick, managing partner at the Omidyar Network....
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