Inside Visa’s Acquisition Strategy
In a conference on November 29, 2017, Vasant Prabhu, Visa’s (V) CFO (chief financial officer), stated that the company’s acquisition strategy focuses on businesses that add value.
Vanguard Morgan Growth Fund’s Sector Composition in YTD 2016
Information technology is by far the biggest invested sector in the Vanguard Morgan Growth Fund (VMRGX), forming over a third of the total portfolio.
How Has VMRGX’s Portfolio Changed?
The Vanguard Morgan Growth Fund Investor Shares (VMRGX) invests in the stocks of large-cap and mid-cap US companies.
An Above-Average One-Year Period for Vanguard Morgan Growth Fund
The Vanguard Morgan Growth Fund – Investor Shares (VMRGX) is invested in stocks of companies like Nike (NKE), Netflix (NFLX), The Walt Disney Company (DIS), Cardinal Health (CAH), and Vantiv (VNTV).
Vantiv’s Revenue and Income Rose in 3Q15
Vantiv reported net revenue of $816.0 million in 3Q15, an increase of 3.8% compared to $786.0 million in 2Q15. Revenue from external customers and related party revenue increased 3.9% and 0.11%, respectively.
How Does Total System Services Compare to Its Peers?
Total System Services has outperformed its peers based on PE. But it’s way ahead of its peers based on PS. The company has also outperformed its ETFs based on price movement, PE, and PBV.
Total System Services’ Organic Growth Boosts 3Q15 Revenue
Total System Services (TSS) has a market cap of $9.5 billion. YTD price movement is going up QoQ in 2015. After its 3Q15 earnings report, TSS rose 0.90% to close at $51.65 per share on October 27, 2015.
How Does Global Payments Compare to Its Peers?
The peers outperformed Global Payments based on the current ratio and PE ratio. Global Payments is way ahead of its peers based on EPS and the PBV ratio.
TPG-Axon Closes Its Position in Alibaba Group
Alibaba’s fiscal 3Q15 revenue grew by 40% YoY (year-over-year) to $4.22 billion, but missed consensus estimates of $4.45 billion.
Highlights of TPG-Axon Management’s Dropped Positions in 4Q14
In 4Q14, TPG-Axon sold its stakes in Macy’s (M), Monsanto (MON), Alibaba Group Holding (BABA), and Vantiv (VNTV).