AT&T is buying Time Warner to help it succeed in the future world of media consumption. In many ways, it already is living in that world, and it isn’t doing all that well.
Historically, Visa has beaten earnings expectations with uncanny regularity.
Firmer global growth and a pickup in inflation are beginning to push earnings higher.
Investors think they know how the election will turn out, but the risk of being wrong is keeping them from doing much of anything.
Mediocre business conditions might be good enough for airline investors.
Given the limited scope for cost-cutting, BAT can’t afford to pay much more than a 20% premium for Reynolds American
Time Warner is an attractive media asset, but acquiring it would be a blockbuster of a gamble for AT&T.
Portugal has held on to its investment-grade rating from DBRS. Drama has been averted, but remains on the agenda.
Geely Automobile’s supercharged growth has amped up investors’ expectations. But the market is primed for a slowdown.