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Discovery and WarnerMedia Merger Test
Quick test on $DISCA and WM merger. Most assumptions provided by management presentation at the link below. Some assumptions I made, but I tried to keep conservative. Early year debt payments don't include interest and latter year debt payments don't include principal, this is the only assumption that's a bit …
Beyond Exxon: Why a desperate mega-merger with BP might finally make sense
Uber sells self-driving unit Uber ATG
What does the literature say about trailing stop-loss strategies?
I'm trying to search scientific papers about stop loss pros and cons but I haven't had much success. Most of the papers I've found rely on sick assumptions and are really biased. The only one I've found that seems more comprehensive is this one where they state that using a …
AMD and Xilinx Tie the Knot
Intel Enters Deal to Sell NAND Memory Unit to SK Hynix
Warren Buffett's Berkshire buys Dominion Energy natural gas assets in $10 billion deal
Fairlight Letter re: HXL/WWD merger... any thoughts?
Hexcel seems like a pretty strong company with nice commercial aerospace tailwinds. There is a lot to like about HXL: nice balance sheet, mid-teens ROIC%, line-of-sight to better FCF Conversion, better-than-average topline growth for an industrial, etc. I'm not as familiar with WWD, but the points that Fairlight are making …