As expected, activist-investor Carl Icahn today issued an open letter to Apple with a familiar request: Increase stock repurchases ... While insisting that Apple is extremely undervalued at the moment, Icahn promised fellow …
NEW YORK - Nine months after shareholders rejected the Dolan family's latest bid to take Cablevision Systems Corp. private, the cable operator said Tuesday that it is considering options that could see it sell some of its diverse holdings. …
Barclays hiked its price outlook for Target on Monday, one day ahead of the retail giant’s Canadian launch. Analyst Paul Trussell said that with so much focus on Target’s entry into Canada, investor fear has caused the stock to become …
One word that you won't hear much right now on Wall Street is "value." So many companies and industries are regularly posting 52-week or all-time highs lately, and valuations across the board are looking pretty frothy. Brian Feroldi (SPDR …
MUMBAI: Indian capital markets are grossly undervalued by 20 per cent and provide strong prospects for double digit returns over 12 months, according to DSP-Merrill Lynch fund manager's survey. Close to 75 per cent of funds managers …
FACTORS The lacklustre local stock market, lack of coverage, and the substantial proprietary research and due diligence required have resulted in this segment trading at attractive valuations.
The sale to the public, from November 10th, of up to 5% of the shares in the state-owned Oil and Gas Development Company (OGDC) will lift the total capitalisation of the Karachi Stock Exchange by about 10%, to about $20 billion. …