Kevin Smith

Verizon is easing off on capex to boost cash flow.

At the same time as it was paralyzing the market, the rise in interest rates severely reduced the valuation of US operators.

July 23, 2025 at 11:14 am

Wells Fargo ready to write a new chapter in its history

The asset cap imposed seven years ago by the Federal Reserve was lifted last month.

July 17, 2025 at 01:38 pm

Esso, a takeover bid mired in controversy?

A new chapter is beginning for Esso S.A.F., the French subsidiary of US oil giant ExxonMobil, which is in the process of being sold to North Atlantic France SAS, an ad hoc entity. A delisting operation is on the cards, in the wake of a simplified takeover bid that is beginning to falter. However, behind the scenes, not everyone is singing the same song.

July 16, 2025 at 05:41 pm

Primark's owner still penalized by a double discount

The valuation of the conglomerate controlled by the Weston family has been languishing at rock bottom for several weeks now.

July 16, 2025 at 11:49 am

A strange turnaround at JPMorgan

Despite Jamie Dimon's caution earlier this year, the bank has once again posted an excellent first half.

July 16, 2025 at 10:39 am

Swedish Berkshire Hathaway Lifco returns to average valuation multiple

Yesterday, investors gave a mixed reception to the Swedish conglomerate's interim results.

July 15, 2025 at 05:42 pm

While Gerresheimer struggles, rumors of privatization intensify

The German group specializing in packaging for medicines and cosmetics has consistently disappointed its shareholders.

July 11, 2025 at 02:09 pm

Exail, in the right place at the right time

Exail Technologies' visibility in the markets continues to grow, and with it, analysts' interest. The latest to take a serious look at the company is Berenberg, which is initiating coverage with a positive recommendation and a target price of EUR 125, even after the stock's six-month surge.

July 11, 2025 at 11:18 am

WK Kellogg finds the best possible way out

Italy's Ferrero is reportedly looking to acquire WK Kellogg-the former cereal division of Kellogg's, which was spun off two years ago-in a $3bn deal.

July 10, 2025 at 04:57 pm

Young & Co.'s pub chain still shunned by investors

The market capitalization of the UK's leading pub operator has hardly grown in twelve months, even though its fundamentals are improving.

July 10, 2025 at 01:00 pm

European rearmament: Kongsberg reaps the rewards of its strategy

The Norwegian defense group's consolidated order book has set a new record, doubling in two years to reach $13bn.

July 09, 2025 at 01:35 pm

UBS, the dollar and angry customers

UBS had to play firefighter for around 100 of its Swiss clients who were overexposed to complex derivatives that were a little over-dependent on FX, according to the Financial Times.

July 09, 2025 at 11:51 am

Baxter International looking to bounce back

The medical equipment manufacturer, which has just completed a lengthy restructuring process, is now expected to enter a new phase following the appointment of Andrew Hider, a former Danaher executive, as CEO.

July 08, 2025 at 04:31 pm

Tesla falls into a new trap

It took just one tweet, yet another one, for Elon Musk to cause Tesla to lose over 6% before the markets even opened on Monday. The reason? The announcement of the creation of the "America Party," which further fuels the divorce between the richest man in the world and the most powerful man in the world.

July 07, 2025 at 06:19 pm

Capgemini-WNS: Reasons for market mistrust

Although only moderately strategic for Capgemini, as it will only increase its revenue and free cash flow by 5%, the acquisition of WNS will above all enable the French company to strengthen its position in India and the United States.

July 07, 2025 at 06:14 pm

Loomis still defying the odds

Despite the continued decline in cash usage in favor of digital payments, the Swedish group has managed to double its revenue and operating profit over the past decade.

July 07, 2025 at 06:08 pm

The importance of being constantly changing…

The dollar's slide in 2025 is not just a bad moment for narcoleptic currency traders, or a good moment for hyperactive currency traders. It is also a hot potato for European multinationals, which are used to converting their US revenues into plump euros. But here's the thing: when the greenback has fallen by more than 10% since January, the worst since the early 2000s, it leaves its mark. And not just in Excel spreadsheets.

July 07, 2025 at 05:48 pm

Commerzbank enjoying a moment of grace

The recovery of Germany's second-largest banking group, long considered a pipe dream, now seems to be a reality.

July 07, 2025 at 11:47 am

Nordex wind in its sails again

Smaller than its rivals Vestas and Siemens Gamesa, Nordex has traditionally been valued at a discount to its peers.

July 04, 2025 at 05:54 pm

Watches of Switzerland sends mixed signals

Thanks to its commercial performance in the United States, Watches of Switzerland returned to sales growth in FY 2025.

July 04, 2025 at 01:18 pm

Pemex and major South American energy companies face their demons

A prime example of mismanagement and confusion between the worlds of politics and business, the large Mexican company Pemex-a state-owned company that is still entirely nationalized-is now on the brink of collapse.

July 04, 2025 at 12:00 pm