Shelving the industry consolidation were charted to address former President Barack Obama’s Affordable Care Act, Cigna Corp sought to end its deal with Anthem and Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger. Saying… Read More ›
Month: February 2017
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›
Soros Fund Management spread its bets in financial stocks
During the last leg of 2016, with Donald Trump surprise victory, many asset managers had taken positions in financial stocks eyeing reduced regulations and potentially lower tax rates. The firm that invests the personal wealth of billionaire investor and philanthropist… Read More ›
Cash flow rather than volume could be GM’s next mantra
General Motor’s decision to sell its Opel brand signifies its CEO’s vision to focus on the company’s Return on Investment rather than sales volume as a measure of GM’s success. For General Motors, putting its European operations up for sale… Read More ›
Any of Wal-Mart’s offering can now be bought online or at its brick-and-mortar-store
This strategic move will help minimise redundancies in its purchasing strategy, streamline it operations, and help it capitalise on its expertise of being able to provide offerings in its product basket for the lowest possible price. In what is likely… Read More ›
20% import tax likely to ruin the retail industry in the U.S.
In a cunning move, Trump’s proposal has exempted revenues generated from exports while proposing to impose a 20% tax in imports. This essentially pits exporters against importers and unless this entire line of reasoning is revisited, in the long run… Read More ›
Mercedes-Benz USA will only sell Smart cars in North America
Although the move has been portrayed as the latest sign of struggles for small cars in the United States, this positive could go a long way in weaning off our dependency on dirty polluting fossil fuels. In a significant development… Read More ›
To Stay Attractive, Plan B on Corporate Taxes Need to be Drawn Up by Switzerland
After voters rejected its bid to reform corporate taxation to keep the country internationally competitive, the Swiss government must come up with a new plan and figure out how to limit economic fallout. The government will have to concoct a Plan… Read More ›
Amid Populist Rise, Elections Across Europe has the IMF Chief Worried
Set against a backdrop of rising support for populist parties, the flurry of upcoming elections in Europe are causes of concerns for International Monetary Fund (IMF) chief Christine Lagarde. There is growing uncertainty about the future state of the European Union… Read More ›
Stada receives 3.6 billion euro takeover offer from Cinven
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›