Hints and tips:
Related Special Reports
...People familiar with the retirees’ dispute said it centred on a discount rate being used to calculate the lifetime value of the partners’ retirement benefit....
...Under the terms of the original deal, unveiled last month, beneficiaries would get an extra 10 per cent on top of the calculated value of their retirement payments if they signed the waiver....
...But for the past two months an average of 572mn shares in the lossmaking firm, whose market value is less than $2mn, have changed hands each day....
...The sale gives Baker Tilly US an enterprise value of more than $2bn and capital to fund what its chief executive Jeff Ferro called an “extremely aggressive” acquisition strategy, signalling the firm’s ambition...
...While not necessarily indicative of the market value, the price Son paid was nearly six times the home’s assessed value for property taxes at the time, according to public records....
...But the highly concentrated portfolio lost 23 per cent of its value in 2021 and a further 67 per cent in 2022, hit hard when the US Federal Reserve raised interest rates to a 40-year high to curb soaring...
...In a statement, Disney reiterated its stance that Peltz “does not bring additive skills to the board, nor does he have a meaningful plan to deliver superior shareholder value”....
...The deal values Endeavor’s equity at $13bn. But the $27.50 a share deal price is just 15 per cent above its April 2021 initial public offering price....
...“We offered ownership to this incredible investment group knowing the enormous value they bring to FMX, which will benefit all market participants,” said Lutnick....
...Talent agency Endeavor Group is being taken private at an equity value of $13bn after three years of lacklustre performance as a listed company....
...Jana could very well push Cannae to take itself private and capture the value of that discount....
...Happily, because the competition allows each journalist an entry, we got the chance, using Ethan’s slot, to double down on value with a Mag 7 relative value portfolio....
...While Capital One trades at 1.4 times tangible book value, it will pay 2.6 times for Discover, inclusive of a 27 per cent premium owed to shareholders. (American Express trades at 6 times book value)....
...Value revisited: where are the cheap stocks? Yesterday I wrote about whether value stocks have a shot at outperforming in 2024. The answer, as always in markets, was that it is complicated....
...The company’s shares have quintupled in value since chief executive Tommy Eklund took the reins in 2020, with its market capitalisation at about $4.6bn on Tuesday....
...I think it’s very good value, even though credit spreads are near their 52-week tights, around 330-340 basis points over Treasuries....
...“It creates an equity culture so that partners are focused on how to grow the equity value of the business and not just their own individual book of business.”...
...“The bank has set stretching targets for 2024 and remains focused on delivering sustainable long-term value creation.”...
...Weighted average is probably a fairer representation of the value you are getting when you buy the whole lot....
...Google parent Alphabet lost $100bn in market value on a single day when the bot gave the wrong answer to a question during a demonstration....
...That’s better than nothing, but the fees have amounted to a fraction of what many experts say is fair value....
...Capital One’s acquisition of Discover values its smaller rival’s stock 27 per cent above Friday’s closing price....
...Neumann’s counsel said that WeWork’s unwillingness to provide it proper information had “jeopardised the ability of the company to . . . maximise value for all stakeholders”....
...Amazon’s billionaire founder Jeff Bezos has sold another $2bn worth of the company’s stock, bringing the total value of shares he has offloaded in the past week to $4bn, according to regulatory filings....
...By early afternoon they had recovered slightly and were off nearly 30 per cent, slashing the company’s market value to just over €6bn from roughly €9bn....
International Edition