Vodafone Group PLC
Why AQR Capital Management chose to open a position in Vodafone
AQR Capital started a new position in Vodafone Group plc that accounts for 0.44% of the fund’s 4Q portfolio.
What Drove TEF’s Mobile Revenue in Argentina in 4Q15?
During 4Q15, the data revenue stream of Telefónica’s mobile component rose by ~30.2% organically YoY to reach ~0.25 billion euros in Argentina.
How Much Did TEF’s Mobile Segment Grow in Germany in 4Q15?
Year-over-year, Telefónica’s mobile revenue rose by ~2.8% to reach ~1.8 billion euros in Germany.
eBay and Adyen Are More Than Payment Partners
When eBay (EBY) announced earlier this year that Dutch company Adyen was replacing PayPal (PYPL) as its primary payments processor, something was not discussed.
CalPERS establishes new position in CBS Outdoor Americas
CBS Outdoor Americas is the largest provider of advertising space on out-of-home advertising structures and sites across the US, Canada, and Latin America.
China’s Contracting Manufacturing Activity Pressures UK Stocks
With the economic slowdown, a reduction in imports—especially oil—by China has become inevitable, affecting many of its trading partner countries. Consequently, trades of these countries with the UK may be affected.
Italy’s Inflation Rate Rose in August: EWI Fell 0.40%
According to the August 31 release by the ISTAT, the EU’s harmonized inflation rate in Italy rose to an impressive 0.50% in August on a YoY (year-over-year) basis.
How Canadian Pacific Railway’s Volumes Compared to Peers
Canadian Pacific Railway (CP) is Canada’s second-largest freight rail.
Canadian Pacific Railway: Rise in Railcars Cover Intermodal Fall in Week 33
Canadian Pacific Railway witnessed a volume loss in the intermodal space in week 33 of 2017.
What Led to Canadian Pacific Railway’s Volume Rise in Week 30?
CP hauled slightly more than 30,000 railcars in the 30th week compared with over 29,000 railcars in the 30th week last year.
Warren Buffett’s Berkshire Hathaway ups its Liberty Global stake
Berkshire Hathaway added to its position in Liberty Global PLC (LBTYK) last quarter. The position now accounts for 0.57% of Berkshire’s 1Q 2014 portfolio, up from 0.25% last quarter.
CalPERS hangs up on position in Vodafone
Vodafone is one of the world’s largest telecom companies. Its shares were up on fresh rumors in August that AT&T executives were working on a bid for the company.
CalPERS exits FEMSA – Mexican bottler, convenience-store owner
Founded in 1890 in Monterrey, Mexico, FEMSA is comprised of two complementary business units—Coca-Cola FEMSA, and FEMSA Comercio, a convenience-store operator.
Paulson & Co exits position in Vodafone Group
Vodafone Group revenue for fiscal 3Q15 was $16.52 billion, or 10.9 billion British pounds, and group service revenue was 9.8 billion British pounds.
Google Just Closed a Big Cloud Acquisition
Google completed the acquisition of Looker. The company announced the deal about eight months ago. Google purchased Looker for $2.6 billion.
Why CERN Quit Facebook’s Workplace Platform
Besides the lack of interest and CERN’s unwillingness to pay, it also hinted that it quit Workplace due to privacy concerns.
Facebook’s Libra Project Suffers Another Blow Due to Mpesa
Vodafone has pulled out of the Facebook-led Libra cryptocurrency project. However, there isn’t a shortage of corporate interest in Libra.
3 Reasons Facebook’s Libra Still Has Life after Defections
Despite having high-profile defections in the past week, Facebook’s Libra Association proceeded with its inaugural members meeting.
CalPERS adds new position in Liberty Media
Liberty Media Corporation owns interests in a range of communications and entertainment businesses. Recently, the company completed the previously announced spin-off of its cable business, Liberty Broadband.
CalPERS adds new position in TRI Pointe Homes
TRI Pointe Homes is one of the top ten–largest public homebuilders by equity market capitalization in the US. The company reaffirmed its 2015 outlook for earnings per diluted share in the range of $1.25 to $1.40.
Highlights of CalPERS’ third-quarter 13F filing
CalPERS is the largest public pension fund in the US. It administers health and retirement benefits on behalf of 3,064 public school, local agency, and state employers.
Google Wins Big Client after Taking SAP, Oracle Veterans
Google has won a chunk of Vodafone’s cloud computing business. Vodafone is the world’s second-largest mobile operator by subscribers after China Mobile.
Facebook: You Don’t Know It if You Don’t Know Workplace
Facebook is working to open up new revenue streams outside the advertising market. That’s where businesses such as Workplace come in.
Dish Needs $10 Billion for Wireless, Can’t Sell Spectrum
Dish Wireless requires $10 billion for its network buildout, but it only has $1.9 billion in the bank. The FCC bars it from selling spectrum to raise cash.
Why Dish Wireless Could Be T-Mobile’s Worst Nightmare
Dish is still among the leading pay-TV providers in the US. T-Mobile is concerned that Dish could become a tough challenger in the wireless marketplace.
How 5G Is Powering Nokia’s and Ericsson’s Performances
5G technology is beginning to have a noticeable mark on Nokia’s (NOK) and Ericsson’s (ERIC) financial results.
Will Bridging Gender Pay Gap Deplete Nokia’s Cash Reserve?
Nokia (NOK) will raise the pay for some of its female workers to address its gender pay gap, Bloomberg reported.
A Look at Vodafone’s $4.5 Billion Fundraising Plan
Vodafone (VOD) is raising about $4.5 billion through the sale of convertible bonds, according to a report from Bloomberg.
Ericsson and VMware Team Up for This $70 Billion Opportunity
Ericsson (ERIC) and VMware (VMW) have decided to team up to pursue the billions of dollars in revenue opportunity in the network virtualization market.
Ericsson Sharpens Focus on $280 Billion Managed Service Market
Ericsson (ERIC) will use artificial intelligence to power its new managed services solution aimed at communications service providers.
The Impact of Vodafone’s Job Cuts in Spain
Vodafone (VOD) plans to eliminate as many as 1,200 jobs from its Spanish business, Reuters reported.
What to Expect from IBM’s Fourth-Quarter Earnings
IBM is scheduled to announce its fourth-quarter earnings on January 22 after the market closes.
A Look into IBM’s Strategic Imperatives ahead of Q4 Earnings
Although IBM’s legacy mainframes continued to see strong demand, it is the company’s Strategic Imperatives businesses growth that’s generating optimism.
Ericsson Wants EU to Pave the Way for 5G in Vehicles
Ericsson (ERIC) continues to persuade EU policymakers to allow freedom on connected-vehicle technologies that can be used in the bloc.
How Will IBM Finance Its Red Hat Deal?
IBM is acquiring open-source software leader Red Hat for $34 billion, a 63% premium to its closing price the day before the deal was made public.
FireEye Sets Its Business Target through Channel Partners
FireEye’s (FEYE) channel sales seem to be picking up momentum driven by the different strategy the company has deployed to boost its business.
Melita Partners with Ericsson in the 5G Space
Recently, Melita announced that it has partnered with Ericsson (ERIC) to modernize its mobile networks.
How Intel Plans to Boost Adoption of Its 5G Technology
Intel (INTC) demonstrated its 5G efforts at Mobile World Congress 2018.
Could Nokia’s Managed Service Wins Return Its Networks to Growth?
Enhancing Optus customers’ experience Nokia (NOK) recently signed a multiyear managed service contract with Optus, a leading telecom company in Australia. Under the contract, Nokia is expected to manage and maintain key components of Optus’s network infrastructure, the company said in a press release. Optus is hoping that the managed services agreement with Nokia will […]
Drivers for Ericsson’s Managed Services Business Revenues
In the first nine months of fiscal 2017, Ericsson’s Managed Services business generated revenues of ~18.3 billion SEK (Swedish kronor), which is equivalent to ~$2.1 billion.
Canadian Pacific Railway’s Freight Traffic Was a Mixed Bag in Week 32
Canadian Pacific Railway (CP) is the second largest freight rail in Canada.
Qualcomm Sees Strong Growth Opportunity in India
According to a research report by Morgan Stanley, Smartphone shipments to India are expected to grow at a compound annual growth rate of 23% to 192 million by 2018.
Understanding Vodafone’s Vodacom Performance
Vodacom is a South African mobile communications company that is 65% owned and controlled by Vodafone.
Why Vodafone Spain’s EBITDA Margin Keeps Growing
Vodafone Group’s (VOD) revenue in Spain rose ~0.3% YoY to ~2.5 billion euros (about $2.61 billion) in fiscal 1H17.
Why Vodafone Italy’s EBITDA Margin Keeps Growing
In fiscal 1H17, Vodafone Group’s (VOD) revenue in Italy (EWI) rose ~2.5% YoY (year-over-year) to ~3 billion euros (about $3.13 billion) in fiscal 1H17.
Understanding Vodafone’s Cost Structure and Earnings Margins
Vodafone’s EBITDA was ~7.9 billion euros in fiscal 1H17, compared to ~8 billion euros in fiscal 1H16. Its EBITDA margin rose to 29.2% in fiscal 1H17.
Examining OIGAX’s Portfolio Changes Thusfar in 2016
OIGAX invests in the common stocks of growth companies located or functioning outside of the United States.
What’s the Sector Composition of the Fidelity Advisor Overseas Fund?
The Fidelity Advisor Overseas Fund invests at least 80% of its net assets in common stocks of non-US issuers.
The Fidelity Advisor Overseas Fund’s Portfolio Moves in YTD 2016
The Fidelity Advisor Overseas Fund’s (FAOAX) top sectoral bet is the consumer discretionary sector, which forms one-fourth of the fund’s total assets.
Sector Composition Changes in PEUGX until 1Q16
The Putnam Europe Equity Fund – Class A’s (PEUGX) assets were spread across 70 holdings as of March 2016, one less than a quarter ago. It was managing assets worth $314 million.
Infosys Signs Major Deals with ConAgra Foods and Welsh Water
In fiscal 2016, Infosys (INFY) was chosen by ConAgra Foods (CAG) as a strategic partner for a multiyear managed services deal.
TEF’s Robust Revenue Growth Trend in Argentina Continued in 4Q15
Organically, TEF’s revenue rose robustly by ~18% year-over-year to ~1 billion euros in Argentina during 4Q15.
What You Should Know about the Fidelity Advisor Overseas Fund
The Fidelity Advisor Overseas Fund – Class A (FAOAX) was incepted in September 1996 and has an expense ratio of 1.4%.
What’s the 2016 Outlook for Telefónica?
Telefónica reported its 2015 results on February 26, 2016. The telecom player’s revenue figure was ~47.2 billion euros for the year.
The T. Rowe Price European Stock Fund: No Standout Performer
The T. Rowe Price European Stock Fund (PRESX) is one of the larger funds in this review. It was managing assets worth $1.6 billion as of January 2016.
OIGAX: What Factors Have Supported Its Strong Performance?
The Oppenheimer International Growth Fund – Class A (OIGAX) has been in existence since March 1996.
Pound Fell to a 7-Year Low despite Strong Inflation Data
The pound-US dollar currency pair has been on a downtrend since the beginning of the year. It fell by 0.46% on January 16, 2016.
Bank of England’s Meet Provides a Slight Uptick to the Pound
The pound-US dollar currency pair was on a downtrend in the new year. It saw a slight uptick on January 14, 2016. It posted a slight gain of 0.17% for the day.
Telefonica’s Fixed Services Supported Revenue Growth in Spain
Telefonica’s revenue from fixed services in Spain increased sharply by 4.6% YoY to 2.2 billion euros in 3Q15, largely due to a YoY increase in the fixed broadband and new services component.
Revenue of Vodafone’s AMAP Segment Continued to Grow
In this part of our series, we’ll look at the performance of Vodafone’s AMAP—short for Africa, the Middle East, and Asia-Pacific—segment in fiscal 1H16.
Japanese and European Equities Offer Relative Value
A Janus Capital (JNS) report for 2015 outlook by Bill Gross stated, “We like Japanese and European equities due to cheap valuations and monetary boosters.”
How Does Bharti Airtel Fit in to Ericsson’s Growth Strategy?
Ericsson has entered into a four-year deal with Indian telecommunication provider Bharti Airtel to deploy 3G and 4G networks in various cities in India.
By Revenue, China Mobile Is World’s Largest Telecom Company
As of August 2015, AT&T is the second-largest telecom company in the world after China Mobile.
Is the Indian 4G LTE Market Set for Rapid Growth?
According to a Strategy Analytics survey, by 2016 India would surpass Japan to become the third largest 4G LTE market in the world.
Apple’s iPhone Manufacturer Foxconn to Invest $5 Billion in India
Foxconn announced its intention to invest $5 billion over the next five years in India to set up factories and R&D (research and development) centers.
Italy’s Inflation Rate Rose to 0.3% in July, yet EWI Fell 0.88%
The ECB’s (European Central Bank) monetary stimulus package seems to be working well for most Eurozone economies, especially Italy.
Eurozone Business Activity Seems Undeterred by Greek Crisis
Markit Economics’ Final Eurozone PMI Composite Output Index report for July exceeded expectations despite the Greek crisis.
Global Telecom Companies Are Growing Rapidly in 2015
Global telecom firms continue to grow from strength to strength in 2015. Positive market trends in mobile broadband, cloud computing, and big data management have ensured steady growth.
Wireless segment drives growth at Verizon
Verizon’s overall revenues grew by a year-over-year rate of 4.3% in 3Q14. The Wireless segment contributed 68% as of 3Q14.
Analyzing Verizon’s growth opportunities and important risks
Verizon (VZ) is the biggest telecom company in the U.S. in terms of its market cap, which currently stands at above $200 billion. Verizon has two main businesses—Wireless and Wireline.
Renaissance Technologies buys a new position in AT&T
Renaissance Technologies started a new position in AT&T Inc. (T) that accounts for 0.24% of the fund’s $41 billion U.S. long portfolio.
Why did AQR Capital Management increase its stake in Facebook?
AQR Capital upped its stake in Facebook, Inc. (FB) by 3,444,423 shares in 4Q from 477,636 shares in 3Q.
Why AQR Capital bought a stake in Gaming and Leisure Properties
AQR opened a brand new position in Gaming and Leisure Properties (GLPI) that accounts for 0.12% of the fund’s 4Q portfolio.
Must-know: Paulson & Co’s positions in 4Q 2013
In this series, we will discuss some of the main positions traded by Paulson during 4Q 2013.