Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global investors “are finally waking up” to cheap London-listed stocks as takeover activity picks up, in a sign that Britain’s equity market could soon face a “flood” of investment, UK asset managers have said. Matthew…
marrio31 Shares of Viking Therapeutics (NASDAQ:VKTX) have surged in the last 12 months, driven by the success of its obesity candidate, the subcutaneously administered VK2735. VK2735’s efficacy, safety and tolerability data to date look very competitive, even when compared to the so-called triple G agonists such as Eli Lilly’s (LLY) retatrutide. And more recently, the…
MStudioImages/E+ via Getty Images Tripadvisor (NASDAQ:TRIP) is a leading global travel review and price comparison platform founded in 2000 as part of Expedia. It completed a spin off and became publicly traded in 2011. I have covered TRIP in the past in 2020, when I assigned it a neutral rating due to my doubt about…
anton5146 Craftsmanship is all about perfecting a product over time through continual refinement. That’s certainly been the case for homegrown Chinese sports brands, which are rapidly catching or even surpassing their global peers both in terms of brand recognition and market share. Homegrown giants Anta (OTCPK:ANPDY, 2020.HK) and Li Ning (OTCPK:LNNGF, 2331.HK) are leading the…
Marina_Skoropadskaya Velo3D’s (NYSE:VLD) third quarter results were soft, which the company attributed to shipment delays. A strategic realignment, the exit of the CEO and pursuit of a potential sale could hint at larger issues though. This doesn’t appear to be a macro problem either, as most of Velo3D’s sales are to customers that are less…
Stocktrek/DigitalVision via Getty Images Listen above or on the go on Apple Podcasts and Spotify U.S. forms naval taskforce to protect ships in Red Sea (1:32) Google to pay $700 million to settle Play Store lawsuit (2:30) and Japanese takeover of iconic U.S. Steel sees bipartisan opposition (3:42). This is an abridged transcript of the…
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status…
Monty Rakusen Those who have followed this takeover approach since its announcement on 13 Aug 2023 do not need a lot of information about United States Steel Corporation (NYSE:X), best known as US Steel, and Cleveland-Cliffs Inc (CLF). For those who are jumping in at this point, see a brief description below. If you are…
nicolas_ In my first analysis of Covestro (OTCPK:CVVTF), (OTCPK:COVTY) back in October, I pointed out that the stock offers compelling upside despite the challenging environment because there was too much negativity priced in. In retrospect, this was not my worst call, and the stock went up more than 75% in the last 10 months. Data…
JHVEPhoto Research Brief With its next quarterly earnings result coming out towards the end of this month on August 29th, Bank of Montreal (NYSE:BMO) has come across my radar screen, especially after its acquisition of Bank of the West, and so today we will discuss its potential for value investors who are looking for a…