News & Press

    ESC Credit Idea: Intelsat S.A.

    (NYSE: I) (Debt: $15bn) One of the Leading Fixed Satellite Service Provider with a Market Share of 21% / New Generation HTS Satellites Will Partially Offset Weakness in the Network Services Segment / Ongoing Management Initiatives Move to Balance Sheet Improvement / Gradual Improvement in Leverage and Free Cash Flows Expected / Sizable Contracted Backlog of $8.9bn as of Sept. 2016

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    ESR Overview: METRO AG

    (DAX: MEO GY) (€10bn, $11bn) Germany-Based Retail Group, METRO AG, to Create Two Separate Listed Entities / Split to End Spat Between German Billionaire (Mr. Kellerhals) and CEO Koch? / Break-Up Likely to Take Place Summer 2017

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    Consider International Investments to Grow Your Portfolio

    Whilst I don’t think our clients are ready for India (it still has a lot of issues), more developed countries have interesting situations. We find them regularly. Europe has some great global brands you may never heard of. The general problem I find is ignorance. What incentive has an American got for calling a European?

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    Why You Need Intelligence in 2017, Not Research

    Like most people in the industry, when my early ideas of what I wanted to do gravitated towards finance and the stock market, I had visions of working for the big Investment Banks. To be honest, the thought of telling everyone that I worked for a famous bank appealed more than the thought of working for them. Go figure.

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    ESS Analysis: Tableau Software, Inc.

    (NYSE: DATA) ($3.2bn) New CEO’s (Adam Selipsky) Achievements at Amazon Make Him a Good Fit for DATA / Strong Balance Sheet Flexibility, Zero Debt & Cash Comprising ~27% of DATA’s Market Cap / 3-Year Product Road Map Looks Promising / Potential M&A Play Over Longer-Term

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    Inside The Edge (Special) Situation Room

    It is a timeless picture. The photograph shows the President of the United States Barack Obama along with his national security team, receiving live updates from Operation Neptune Spear, which led to the killing of Osama bin Laden, the leader of al-Qaeda.

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    Disney Without ESPN: Discuss

    By Tara Lachapelle / Bloomberg Gadfly Deals Columnist:

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    Fake News, Fake Research, Fake Investments

    THE INVESTOR’S EDGE

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    Break-Up Potential: DIS Booming on Movies, TV Lags Behind – Can DIS Find Value in A Spinoff?

    The Walt Disney Company (DIS) is in the midst of two opposing forces, positive and negative, as the outlook of the various businesses in its portfolio differs. On one hand, it is benefiting from a boom in its movie business, thanks to a slew of captivating franchises, which can be milked for recurring revenue, as well as in the theme park/resorts business, which provides steady cash flows. On the other hand, its television business is facing a secular long-term decline as the infotainment world.

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    Fallen Angels

    THE INVESTOR’S EDGE

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