Month: July 2018

Marsh & McLennan Companies, Inc. ’s MMC subsidiary Marsh & McLennan Agency LLC (“MMA”) recently announced that it has closed the acquisition of Klein Agency, Inc., a St. […]

Ericsson ERIC recently announced that it has established a Centre of Excellence (CoE) and Innovation Lab for 5G at the Indian Institute of Technology (“IIT”) Delhi, India with an aim to stimulate the 5G ecosystem across the country. The Swedish telecommunications company and IIT Delhi had inked a memorandum of understanding to jointly roll out a ‘5G for India’ program. The first of its kind, Ericsson’s new incubation hub has been set up to accelerate 5G deployments in India by bringing together telecom ecosystems, academia, industry and start-ups. […]

L3 Technologies, Inc . LLL recently made an announcement regarding completion of its Vertex Aerospace business’ sale to a New York-based private equity firm named American Industrial Partners, for $540 million. The transaction, which was originally approved in October 2017, was finally wrapped up on Jun 29, 2018 […]

In this iteration of the Alphabet roundup, I’m discussing Alphabet’s GOOGL streamlining and rebranding of its advertising business, YouTube’s new income streams for creators, regulatory hurdles that appear to be mounting all over the world, the new internal communication policy and a novel idea forwarded by MS that it thinks will boost the company’s share of the smart home speaker market. Read on for the details- Rebranding The Ad Biz Google says that accessing customers has become a much more complex thing because the platforms have changed so much over the last few years. […]

Delta Air Lines, Inc . DAL reported traffic figures for June. Traffic, measured in revenue passenger miles (RPMs), came in at 21.45 million, up 3% year over year […]

Credit rating giant A.M. Best has downgraded all of AmTrust Financial Services, Inc. ’s AFSI Long-Term Issue Credit Ratings (Long-Term IRs) and Indicative Long-Term IRs. […]

Shares of JAKKS Pacific, Inc. JAKK are riding high on strategic mergers and joint ventures, collaboration with popular brands and movie franchisees. Moreover, efforts to enter new categories, and create a solid portfolio of new and existing licenses bode well […]

The New York Times Company NYT has come a long way from being a sole provider of news content and advertising on print publications. The company is no longer restricted to print. As readers swarmed to the Internet, advertisers followed suit and so did newspaper companies […]

CME Group Inc . CME has reported volumes for the second quarter of 2018, marking double-digit growth across five product lines. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]

Volkswagen AG VLKAY has announced an investment of €1 billion between 2019 and 2021 for the implementation of its planned model campaign, INDIA 2.0, for the Indian market. The campaign will be led by Volkswagen’s Skoda Auto brand. […]

The Ensign Group, Inc. ENSG , has acquired the real estate and operations of McCall Rehabilitation and Care Center, a 40-bed skilled nursing facility located in McCall, ID. The acquisition came into effect on Jul 1, 2018 […]

In the second (April-June) quarter, the stock market witnessed increased volatility on impending trade war fears, geo-political tensions, outlook for interest rate hikes and inflationary pressure. These weighed on the performance of financial stocks. The decent performance of the financial stocks in the first quarter on revival of client activities in February and March provided some respite, which aided these stocks to record positive gains year to date […]

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”- Warren Buffett. At the moment, the quote fits perfectly for MGM Resorts International MGM as the company’s near-term future looks bleak. In fact, investors need to exercise extreme caution when it comes to the stock as it is unlikely to show any major improvement moving ahead […]

International Business Machines IBM recently entered into an enterprise services deal with France-based, Cegid. Notably, Cegid offers cloud-based management solutions that enhance performance of the financial and accounting related processes. Per the agreement, IBM’s hybrid cloud architecture will provide a platform facilitating Cegid’s service delivery. […]