Sunil Sahil
According to Bloomberg News on Friday, Pearson’s biggest shareholder suggested the education corporation could move its listing to the US in order to increase shareholder value, placing London at danger of losing another significant business from its exchanges. Earlier this year, activist Cevian Capital AB forced Dublin-based CRH, a building materials group, to relocate its … Read more
Wall Street’s main indexes saw gains on Thursday, headed by the tech giant Apple reaching a new high. The previous day, the Federal Reserve had suggested that it would be ending its aggressive rate-hike campaign and that interest rates will drop in the upcoming year. As anticipated, the Federal Reserve kept interest rates constant on … Read more
US stock futures increased on Friday, as optimism over potential deeper and earlier interest rate reduction continued to drive the Dow towards a new high for the third consecutive day. Futures for the Dow Jones Industrial Average (^DJI) increased by 0.3%, or around 100 points, following the blue-chip index’s closing Thursday at a new all-time … Read more
The bank has a reputation for delivering strong financial results and overcoming hardships throughout the last several decades. Being one of the biggest banks in the country, Bank of America has had difficulties during the low-interest rate era and, more recently, the present time of higher-than-expected interest rates. Its stock performance, meanwhile, hasn’t been great. … Read more
My valuation model indicates that Motorola Solutions is reasonably valued at about 5.97% over my intrinsic value. This implies that you would be paying a fair price for Motorola Solutions if you were to purchase it now. Furthermore, when the price drops to its actual worth, there won’t be much of a negative impact if … Read more
On Wednesday, as investors analysed the Federal Reserve’s last interest rate decision of the year, US markets surged higher and reached fresh all-time highs for 2023. Following the ruling, the tech-heavy Nasdaq Composite (^IXIC), the Dow Jones Industrial Average (^DJI), and the benchmark S&P 500 (^GSPC) all saw increases of around 1.3%. The Dow increased … Read more
After initially falling on Tuesday and touching the ¥145 level, the US dollar has since rebounded. I believe that this market will remain significant, therefore it will be interesting to watch how things turn out. With enough time, I believe the US dollar hits ¥147.33, but we also need to make it through the Federal … Read more
After a choppy start to the trading day, stocks ended the day higher on Monday as investors anticipated the Federal Reserve’s last policy decision of the year and a significant inflation report. The S&P 500 (\GSPC) and Dow Jones Industrial Average (\DJI) closed at their highest points since January 2022 and March 2022, respectively, as … Read more
In the recent past, two significant deals involving consolidation in the US domestic airline business were reported. A final agreement to buy Spirit Airlines, Inc. (NYSE:SAVE) for a cash consideration of $33.50 per share, or an aggregate equity value of $3.8 billion, was announced by JetBlue Airways Corporation (NASDAQ:JBLU) in July 2022. The transaction has … Read more
Israel bombed the whole territory and forced civilians to leave the core of Gaza’s largest southern city, Khan Younis, overnight after the United States used its veto power in the U.N. Security Council to protect its partner against a call for a ceasefire. Israel has increased its military assault into the southern part of the … Read more
