Recent Posts

Lone dissenter right to sound a warning on India lenders

When the sole dissenter on a stock that has 50 buy recommendations ratchets up his bearish call with a ‘buyer beware’ warning on the whole industry, you sit up. When the stock in question is ICICI Bank Ltd, which had to downsize an initial share sale of its securities business (ICICI Securities Ltd) amid lacklustre demand, you take notice. Among ...

Read More »

A Walmart-Humana deal sounds wild, but would make sense

As if the health-care-merger frenzy weren’t wild enough already, it looks as if Walmart Inc. may soon dive into it. The mammoth discount retailer is reportedly in early-stage talks to acquire Humana Inc., a health insurer valued at $41. The potential merger comes on the heels of a December offer from drug-store chain and pharmacy-benefits manager CVS Health Corp. to ...

Read More »

Deutsche Bank plans board shifts as CEO Cryan’s future is questioned

Bloomberg Deutsche Bank AG is preparing to reshuffle its supervisory board as the future of Chief Executive Officer John Cryan and Chairman Paul Achleitner is called into question. John Thain, a former CEO of Merrill Lynch, is expected to join the troubled German bank in May, according to a person with knowledge of the lender’s plans. He is one of ...

Read More »
Send this to a friend