Recent Posts

Spirit had no choice but heed investors

Spirit Airlines Inc is now dancing with only one suitor. A high-stakes shareholder vote over the low-cost carrier’s proposed merger with Frontier Group Holdings Inc appeared to come down to the wire, with Spirit pausing the proceedings at midday to allow for a few extra hours of negotiations. In the end, despite the additional time and four earlier delays in ...

Read More »

Can Alphabet investors ignore warning signs?

  For a market that has typically been seen as concentrating on the future, investors can sometimes take a surprisingly backward view. Consider their upbeat reaction to Alphabet Inc’s earnings, reflected in the stock’s 5% jump on July 27. As encouraging as it might be that second-quarter revenue came close to what analysts expected — although the 13% growth rate ...

Read More »

Global banks can ride India’s dollar crunch

  Bangladesh is seeking a bailout from the International Monetary Fund (IMF); Pakistan is expected to receive its own $1.2 billion rescue deal soon. Neither wants to end up another Sri Lanka. The island nation was pulled into a vortex of empty dollar coffers, popular anger over shortages of food, fuel and medicines, political chaos and a still-deepening economic funk. ...

Read More »
Send this to a friend