Jeffrey's Feed
Apr 23, 2015
via Breakingviews

Comcast’s boss should live to buy another day

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Comcast boss Brian Roberts may soon bear a second big deal scar. U.S. regulators are sounding skeptical about his $45 billion plan to buy rival Time Warner Cable. Overconfidence foiled another Comcast mega-transaction a decade ago, but Roberts later tracked down another sizeable target. The pattern suggests that as the industry undergoes rapid transformation, he’ll be back with a bold bid before too long.

Apr 23, 2015
via Breakingviews

Comcast’s boss should live to buy another day

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Comcast boss Brian Roberts may soon bear a second big deal scar. U.S. regulators are sounding skeptical about his $45 billion plan to buy rival Time Warner Cable. Overconfidence foiled another Comcast mega-transaction a decade ago, but Roberts later tracked down another sizeable target. The pattern suggests that as the industry undergoes rapid transformation, he’ll be back with a bold bid before too long.

Apr 17, 2015
via Breakingviews

Blackstone brandishes its long-term bona fides

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It makes sense for a firm that thinks in blocks of seven to 10 years to take about eight before hitting its stride. The listed units of Blackstone, the buyout shop run by Stephen Schwarzman, finally trade noticeably above their 2007 initial public offering price. Owners of the equity, however, may yet prove more fickle than investors in Blackstone’s funds.

Apr 17, 2015
via Breakingviews

Blackstone brandishes its long-term bona fides

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It makes sense for a firm that thinks in blocks of seven to 10 years to take about eight before hitting its stride. The listed units of Blackstone, the buyout shop run by Stephen Schwarzman, finally trade noticeably above their 2007 initial public offering price. Owners of the equity, however, may yet prove more fickle than investors in Blackstone’s funds.

Apr 2, 2015
via Breakingviews

April 1 jokes expose greater fools of finance

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

April 1 delivered a timely reminder that financial fools abound. Tesla’s attempt at humor by announcing the Tesla Model W, an obvious parody of Apple’s forthcoming watch, caused its share price and trading volume to jump. Meanwhile, Tinder for Uber seemed all too feasible in a Silicon Valley littered with funding for oddball pitches. When investors can be easily duped, it’s a good sign markets are high on hype and distortions.

Apr 2, 2015
via Breakingviews

April 1 jokes expose greater fools of finance

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

April 1 delivered a timely reminder that financial fools abound. Tesla’s attempt at humor by announcing the Tesla Model W, an obvious parody of Apple’s forthcoming watch, caused its share price and trading volume to jump. Meanwhile, Tinder for Uber seemed all too feasible in a Silicon Valley littered with funding for oddball pitches. When investors can be easily duped, it’s a good sign markets are high on hype and distortions.

Mar 31, 2015
via Breakingviews

Charter deal may not be final word on Bright House

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. cable puzzle is starting to take shape. None of the pieces is a snug fit just yet, though.

Mar 18, 2015
via Breakingviews

U.S. mega-mall deal features bazaar tactics

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

U.S. operators of fancy retail complexes are showing similarities to far-flung bazaar traders. Mall owner Macerich rejected an unwanted $22 billion takeover bid from larger rival Simon Property. The premium on offer may be less valuable than claimed. Even so, the target company’s response is the more disingenuous haggle.

Mar 18, 2015
via Breakingviews

U.S. mega-mall deal features bazaar tactics

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

U.S. operators of fancy retail complexes are showing similarities to far-flung bazaar traders. Mall owner Macerich rejected an unwanted $22 billion takeover bid from larger rival Simon Property. The premium on offer may be less valuable than claimed. Even so, the target company’s response is the more disingenuous haggle.

Mar 11, 2015
via Breakingviews

Winner of “Survivor: Mega-Banks” may be loser

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By Jeffrey Goldfarb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Staying power in the corner suite isn’t always what it’s cracked up to be. With Brady Dougan stepping down as chief executive of Credit Suisse, it leaves JPMorgan, Goldman Sachs and Wells Fargo as the three American mega-banks with pre-2008 bosses. Jamie Dimon, Lloyd Blankfein and John Stumpf have overcome all manner of challenges but also are approaching a decade at the helm. One lesson from the crisis was the danger of sticking around too long.