SABMiller In Biggest Yankee Bond Issue Since 2009

Bechtel Rebound Fuelled By Strategic Diversification

Finance / United States CFW View: Our muted optimism for Bechtel to improve its performance over 2011 has proven well placed following the release of impressive results for the year. Whilst revenues have returned to pre-crisis...

Smaller IPOs Make The Loudest Pop

Finance / United States In the global IPO arena, biggest is not always best. Indeed, here is an important lesson for all firms looking to go public: the smaller the percentage of the company sold in a first time share sale, the...

Amgen Acquires KAI Pharmaceuticals For US$315mn To Gain Promising SHPT Product

Finance / United States CFW View: Investor reaction to Amgen's latest acquisition, of KAI Pharmaceutical, is difficult to gauge due to macroeconomic factors over shadowing the share price contraction on the day of the purchase....

Pfizer CEO Intimates Full Breakup To Unlock Shareholder Value

Finance / United States CFW View: Pharmaceutical and healthcare companies will increasingly engage in de-diversification. The primary motive is to capitalise on the current investor affectation for having a clear focus on distinct...

Yankee Bonds Hit Yet Another Home Run

Finance / United States The US dollar-denominated bond market for non-US issuers continues to create headlines. In line with our view that the so-called 'yankee bond' market will continue to gain momentum in 2012 (see, 'SABMiller...