GES receives a non-binding acquisition proposal from WHP Global to purchase the company for $13 per share.
S&P Global's Ratings, Indices, and Commodity Insights units have strong moats and exceptional economics, making them core to the company's long-term growth. Market Intelligence, despite being the largest revenue source, has lower margins and its growth investments could be better allocated elsewhere. Mobility, a newer unit, shows potential but hasn't yet proven it can create a standardized language like the other three businesses.
The Investment Committee give you their top stocks to watch for the second half.
GES and WHP Global team up with Signal Brands to expand rag & bone's handbags and leather goods, leveraging Signal Brands' expertise in accessories and global reach.
EOS, an Australian defense company, excels in anti-drone technology. With the majority of its capitalization in cash and no debt, it is positioning itself for substantial growth. The company has a robust A$2 billion contract pipeline, including advanced negotiations for major deals. Each of those should significantly boost its market capitalization. EOS's innovative products, like the Slinger and R500, offer unmatched accuracy and efficiency in drone defense, making it a key player in modern warfare.
U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes told investors that the company is “very happy” with how its gold equity funds have performed so far this year as gold touches new record highs. “Gold mining companies are rewarding investors with rising free cash flow (FCF), dividends, and strong returns, making them, I believe, a compelling opportunity.
Guess said on Monday it had received a take-private offer from brand management firm WHP Global of $13 per share.
As Tesla's (NASDAQ: TSLA) stock attempts to recover from the recent sell-off, partly triggered by backlash against CEO Elon Musk, data indicates that investors are increasingly considering liquidating their stakes in the electric vehicle (EV) manufacturer.
As Tesla's (NASDAQ: TSLA) stock attempts to recover from the recent sell-off, partly triggered by backlash against CEO Elon Musk, data indicates that investors are increasingly considering liquidating their stakes in the electric vehicle (EV) manufacturer.
As Tesla's (NASDAQ: TSLA) stock attempts to recover from the recent sell-off, partly triggered by backlash against CEO Elon Musk, data indicates that investors are increasingly considering liquidating their stakes in the electric vehicle (EV) manufacturer.
Gold edged higher in the early Asian session, underpinned by ongoing global trade tensions.
Global Net Lease is disposing of non-core assets, cutting their dividend, and launching a $300 million share repurchase program. The dividend cut from $0.275 to $0.19 per share saves GNL $78 million annually, aiding debt reduction and share buybacks. GNL's sale of a $1.8 billion multi-tenant portfolio accelerates deleveraging and helps the company become an STNL REIT.