The Price of M&A: After Gutting HP, Autonomy Strikes Again by Wolf Richter • Mar 19, 2018 • 35 Comments Micro Focus plunges 46% today, six months after its $8.8 billion acquisition of Hewlett Packard Enterprise.
Deutsche Bank Just Never Disappoints by Wolf Richter • Mar 16, 2018 • 24 Comments Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
Bain Capital Wins Again: $20-Billion Leveraged-Buyout Queen Topples, Biggest in Years, Another Private Equity Casualty by Wolf Richter • Mar 15, 2018 • 44 Comments iHeartMedia finally files for bankruptcy, whole sector under pressure.
Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies by Wolf Richter • Mar 12, 2018 • 89 Comments “Any substantially equivalent merger, acquisition, or takeover, whether effected directly or indirectly, is also prohibited.”
Why Buffett Pulled Back: Companies Overvalued after “Purchasing Frenzy” Fueled by “Cheap Debt” by Wolf Richter • Feb 25, 2018 • 61 Comments And why his “recent drought of acquisitions” is likely to continue.
RBS Forgery Scandal Metastasizes Days before Crucial Earnings Report by Don Quijones • Feb 20, 2018 • 20 Comments The bailed-out megabank hasn’t had a single year in the black since 2007.
“Blockchain” Stocks Completely Disintegrate by Wolf Richter • Feb 18, 2018 • 63 Comments Black Friday for them. Meet the OTC’s “skull and crossbones.”
Infrastructure Plan Is Dominated by Profits for Wall Street by Leonard Hyman and Willian Tilles • Feb 14, 2018 • 54 Comments Is the private equity tail wagging the public infrastructure dog?
Another Big British Bank Lands in Deep Trouble by Don Quijones • Feb 13, 2018 • 26 Comments Barclays faces a criminal trial in the UK. Last week it was RBS.
What the Headlines about Tesla, Snap, and Twitter “Earnings” Should Have Said by Wolf Richter • Feb 9, 2018 • 146 Comments How can the media be so gullible – and pliable? I don’t know either.