Reynolds Holding

OCTOBER 21, 2024

What GameStop put on display was how much has changed—in technology and business models—since 2005 when we last comprehensively updated our equity market rules. The markets have moved to overwhelmingly trade electronically, with transaction volume in listed equities tripling in the last 17 years. [3] 6] The $55 trillion U.S.

Equity 45

Equity Marketability Start-ups Treasury 45

Musings on Markets

MAY 5, 2023

The overarching questions for us all are whether this crisis will spread to the rest of the economy and market, as it did in 2008, and how banking as a business, at least in the US, will be reshaped by this crisis, and while I am more a dabbler than an expert in banking, I am going to try answering those questions.

Banking 78

Banking Equity Start-ups Treasury 78

Musings on Markets

JANUARY 21, 2023

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don't always win, even in the long term.

Equity 72

Equity Risk Premium Start-ups Dividends 72

Musings on Markets

MARCH 25, 2021

The first quarter of 2021 has been, for the most part, a good time for equity markets, but there have been surprises. The first has been the steep rise in treasury rates in the last twelve weeks, as investors reassess expected economic growth over the rest of the year and worry about inflation.

Equity 52

Equity Risk-free Rate Treasury Start-ups 52

Benzinga

MARCH 16, 2023

Under the terms of the Agreement, Trillium and Pacton will merge on an at-market basis, with each common shareholder of Pacton (each, a "Pacton Shareholder") entitled to receive 1.275 common shares of Trillium (each whole such common share, a "Trillium Share") in exchange for each Pacton common share held (each, a "Pacton Share").

Treasury 40

Treasury Market Capitalization Marketability 40

Reynolds Holding

NOVEMBER 28, 2022

On November 17, 2022, the Financial Industry Regulatory Authority (“FINRA”) issued a special alert to FINRA members concerning the heightened threat of fraud in small capitalization initial public offerings (“IPOs”). Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”); and. broker-dealers to the U.S.

Compliance 45

Compliance Marketability Banking Treasury 45

Musings on Markets

DECEMBER 2, 2020

In this post, I will argue that there are good reasons for Airbnb's IPO timing, and make my first attempt at valuing this latest entrant into public markets. By the start of 2020, Airbnb had already become one of the largest players in its market of vacation and travel rentals, a sign of success, but also a crimp on future growth.

Start-ups 52

Start-ups Marketability Equity Market Capitalization 52

Musings on Markets

JANUARY 8, 2022

To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world. Happy New Year, and I hope that 2022 brings you good tidings!

Risk Premium 93

Risk Premium Start-ups Market Capitalization Corporate Finance 93

Musings on Markets

JANUARY 19, 2022

In a post at the start of 2021 , I argued that while stocks entered the year at elevated levels, especially on historic metrics (such as PE ratios), they were priced to deliver reasonable returns, relative to very low risk free rates (with the treasury bond rate at 0.93% at the start of 2021). The year that was.

Risk Premium 82

Risk Premium Risk-free Rate Start-ups Equity 82

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Global Finance

MAY 8, 2024

The Citigroup acquisition bore immediate fruit in the e-payments line, with 25% growth in customers in ASEAN, 26% growth in transaction value to S$129 billion and the capture of 40% market share in Malaysia via the DuitNow e-payment corridor and 60% in Thailand via PromptPay. CCB invested 4.9 increase in fee income.

Banking 52

Banking Dividends Start-ups Finance 52

Benzinga

NOVEMBER 13, 2023

I have no doubt that the union of Marathon's experienced team and well advanced Valentine Project based in Canada, with Calibre's production assets, robust treasury, free cash flow, flawless track record in execution and high impact exploration opportunities will unlock significant value for the shareholders of both companies.

Equity 40

Equity Treasury Market Capitalization Marketability 40

Reynolds Holding

SEPTEMBER 1, 2022

The a2 Milk shareholder class action alleges the Company with breaches of the Financial Markets Conduct Act 2013 and Fair Trading Act 1986. Treasury Wine Estates. Treasury Wine Estates is one of the world’s largest wine companies, listed on the Australian Securities Exchange (ASX: TWE) and as an ADR in the US (OTC: TSRYY).

Treasury 45

Treasury Marketability Market Capitalization Compliance 45

Reynolds Holding

JULY 25, 2023

Treasury Secretary Yellin has publicly signaled formal U.S. and the EU in the extent to which politically active citizens see a direction connection between stock market returns and their personal retirement security. The current schedule calls for a “final” rule by October 2023, and we can anticipate contentious litigation.

Equity 40

Equity Start-ups Marketability Systematic Risk 40