Company & Industry Overviews
Which Company Issued the Most High-Grade Bonds in 1Q16?
US corporates dominated the primary market for high-grade bonds in 1Q16 ended March 31, 2016. US corporates made up 32.2%, or $147.7 billion, of all issues.
Overview of the Alger Spectra Fund
The Alger Spectra Fund invests in growth companies and was founded in July 1969. It has an expense ratio of 1.34%.
Company & Industry Overviews
What Made Thor Industries Increase Its Production Capacity?
Thor Industries has increased its production capacity at its Thor Motor Coach subsidiary with the purchase of a 128,0000-square-foot production facility in Bristol, Indiana.
Newell Rubbermaid–Jarden Deal: Strategic Rationale
Strategic rationale of the deal Both Newell Rubbermaid (NWL) and Jarden (JAH) are US-based consumer products conglomerates operating in diverse industries, with presences in several global markets. Both companies have strong portfolios of leading brands that are number one or number two in their categories. The combined company will have a concentrated portfolio of brands, […]
Newell Rubbermaid–Jarden Deal: Cost Synergies
Newell expects annualized cost synergies of $500 million from the deal over a period of four years, particularly in distribution and transportation.
A Look at the Management of Merged Entity Newell Brands
Several important management positions in Newell Brands will be taken by the current employees of Newell Rubbermaid.
Newell Rubbermaid–Jarden Deal: Acquirer versus Target
Newell Rubbermaid’s sales for the year ending December 2014 stood at $5.7 billion. Jarden’s sales for the same period stood at $8.3 billion.
Newell Rubbermaid–Jarden Deal: The Deal Economics
The total value of the Newell Rubbermaid–Jarden deal to Jarden’s revenue is 2.1x, while the total equity value to its market capitalization is 1.3x.
Regulatory Conditions to the Jarden–Newell Rubbermaid Merger
In the case of the Jarden–Newell Rubbermaid merger, the companies will have to get the joint proxy statement approved by the Securities and Exchange Commission.
Rationale for the Jarden–Newell Rubbermaid Merger
The Jarden–Newell Rubbermaid merger is expected to be immediately accretive to earnings. Synergies are expected to be realized in distribution and other areas.
How Has Spectrum Brands Holdings Performed Compared to Its Peers?
The price-to-book value ratios of Spectrum Brands Holdings, Whirlpool, Jarden, and Scotts Miracle-Gro are 3.3x, 2.6x, 3.5x, and 6.6x, respectively.
Spectrum Brands’ Revenue Rises, Income Falls in Fiscal 4Q15
After its fiscal 4Q15 earnings report, Spectrum Brands rose by 2.9% to close at $95.12 per share as of November 19, 2015.
Concordia Healthcare: Last Week’s Highest Junk Bond Issuer
Concordia Healthcare, a healthcare company focused on legacy pharmaceutical products and orphan drugs, issued junk bonds worth $790 million last week.
How Does Helen of Troy Compare to Its Peers?
The peers are way ahead of Helen of Troy based on the PE ratio and PBV ratio. Helen of Troy outperformed its peers based on the net profit margin and EPS.
Thor Industries Reported Mixed Quarterly Results
Thor Industries (THO) has a market cap of $2.83 billion. After the earnings report for 4Q15, Thor stock rose by 0.96% to close at $54.56 per share.
Glenview Capital Management: Portfolio changes for 4Q14
The 4Q14 portfolio for Glenview Capital Management increased 4.5% to $19.98 billion, from $19.13 billion in the third quarter of 2014.
Why Pershing Square bought stake in Platform Specialty Products
In a 13G filed last week, Bill Ackman’s Pershing Square disclosed a position in Platform Specialty Products Corporation (PAH).