Month: January 2020

(Bloomberg) — Topgolf International Inc., an operator of driving ranges with a party atmosphere, has selected banks for an initial public offering that could value the company at about $4 billion, according to people familiar with the matter.The Dallas-based company is working with banks including Morgan Stanley, JPMorgan Chase & Co. and Bank of America Corp., said the people, who asked to not be identified because the matter is private. Its IPO could come as soon as this year, they said.Topgolf, led by Chief Executive Officer Dolf Berle, has $525 million in outstanding debt, according to data compiled by Bloomberg.Representatives …read more […]

(Bloomberg) — Xerox Holdings Corp. has arranged a $24 billion loan with a group of banks as it continues a pursuit of HP Inc.It’s the largest-ever bridge loan in the technology sector, surpassing International Business Machines Corp.’s $20 billion facility in 2018 for its acquisition of Red Hat Inc., according to data compiled by Bloomberg. The rankings exclude the $51.2 billion bridge loan, which was part of a larger $100 billion debt financing for the failed Broadcom Inc. takeover of Qualcomm Inc. The deal was blocked by President Donald Trump.The Xerox bridge is also the first jumbo acquisition financing to …read more […]

In 2008 Steve Abramson was appointed CEO of Universal Display Corporation (NASDAQ:OLED). This analysis aims first to… …read more […]

The activist guru’s recovery is a lesson for everyone Continue reading… …read more […]

More companies to consider for the new year that are trading at a discount to net-net working capital Continue reading… …read more […]

Iranian officials are hinting at attacks on buildings owned or managed by President Trump’s real-estate company. …read more […]

If you buy and hold a stock for many years, you’d hope to be making a profit. But more than that, you probably want to… …read more […]

Today we’ll take a closer look at NXP Semiconductors N.V. (NASDAQ:NXPI) from a dividend investor’s perspective. Owning… …read more […]

We just closed a record year, but what most concerns investors now is what lies ahead.
Today, Alexander Green explains how you can expect to grow your wealth – whether you’re an expert investor or you’re just starting out.

We just finished a great year for the market… as well as a superb decade.
The S&P 500 returned 30.4% in 2019. It generated a 256% return – or 13.5% annually – since the beginning of 2010.
Many of our Oxford Club investment portfolios did even better.
Yet this is already ancient history. What concerns investors now is what lies ahead.
So today I’ll reveal the unvarnished …read more […]

(Bloomberg) — Shares of cybersecurity companies gained in the aftermath of last week’s killing of a top Iranian military official as investors bet the increased risk of attacks will result in more business.Crowdstrike Holdings Inc. rose as much as 11% on Monday, adding to a 2.7% gain in Friday’s session. FireEye Inc. has advanced 5% over two days. Companies that offer threat-detection services are the ones most likely to benefit from increased risk of attacks compared with those offering more traditional services like firewall defense, according to Mandeep Singh, a Bloomberg Intelligence analyst.“It’s really the pure-play security companies that do …read more […]

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it… …read more […]

One of the largest diary producers files for Chapter 11 bankruptcy. The company cites it will pursue “financial restructuring” …read more […]