Stalantis has announced the distribution of a cash dividend combined with a spin-off of Faurecia, which is one of the world’s largest suppliers of components and technologies to vehicles. Those who held Stalantis on March…
The rental equipment company HRI has flown up in recent months, crossing my conservative target price ($106). To remind you, I valued the company based on an EBITDA forecast of about $745 million for the…
The media and digital company Gannett (GCI) topped my forecast for the fourth quarter of 2020 – the number of subscribers grew by 29% this year, revenue grew to $875 million, expenses decreased by $61…
I already wrote quite a bit about the merger between Fiat-Chrysler and the PSA Group (Peugeot) that created Stellantis – the fourth largest car manufacturer in the world, so I will not expand on that…
As I predicted, NN Group had a strong second half in 2020, and it’s back to 2019 activity level. Actually, the operating profit even grew slightly from 1.8 billion euros in 2019 to 1.9 billion…
Last week, Bill Ackman tweeted that PSTH’s stockholders could also participate in the issuance of his next Spac (PSTH II) at the initial price of $20 per share. When Ackman was asked “how will he…
2020 revenue grew by 3.7% compared to 2019, totaling $122.9 billion, while reported net profit shrank from $36.4 billion to $29.1 billion. However, keep in mind that JPM was forced to build a reserve of…
It was a very challenging year for the rental equipment company Herc Holdings. The lockdown in the US led to a sharp slowdown in commercial real estate activity (a decrease of 23%) and a corresponding…
The markets have recently risen quite significantly, it’s no secret. I continue to argue that the direction of the stock market in the foreseeable future should continue to be up, both because of the continued…
Gannett is the largest newspaper company in the US, which runs a number of leading print and digital press brands, the most popular being USA Today. The transition of readers to digital media caused the…