McAfee is reportedly tilting at an IPO. Its original core business is in decline, but the company has been spruced up by its private equity owners. It doesn’t hurt that demand for software and for new stock listings is voracious too, as Robert Cyran ex…
WarnerMedia is taking the hit comedy series “Friends” away from Netflix for a reported $425 mln, to burnish its new streaming service HBO Max. That’s a decision it should have made months ago, Jen Saba argues, but it still leaves Netflix plenty to laug…
Cisco hasn’t worked out cost savings for its $2.8 bln purchase of supplier Acacia. Wall Street minnow Piper Jaffray reckons it doesn’t need them to double margins with its $485 mln pounce for Sandler O’Neill. Antony Currie and Tom Buerkle assess the me…
America’s World Cup soccer win has exposed a battle over unequal pay, with women earning a fraction of what their male counterparts get in spite of their performance. The problem – and the solution – have parallels in the corporate world, Jen Saba expl…
July 5 – Beer behemoth AB InBev kicked off the Hong Kong IPO process for its Asian business, which could be worth some $65 bln. Alec Macfarlane and Jeffrey Goldfarb discuss the frothy valuation and how the Budweiser APAC listing could lead to more brew…
The $113 bln chipmaker may buy cybersecurity firm Symantec. If successful, it’ll be CEO Hock Tan’s second stab at diversifying the business since failing to buy rival Qualcomm. But making a good return on the deal looks hard, explain Antony Currie and …
The California utility reckons it can exit Chapter 11 without further hurting its shareholders despite some $30 bln of wildfire liabilities. Creditors think PG&E should issue $18 bln of new stock. The company is in charge for now, but the bankruptcy ju…
Huawei is back in the center of U.S.-China trade talks after President Trump said he’d allow American companies to sell to the Chinese telecom firm, despite a wider debate around national security. That gets things moving, but further complicates negot…
BHP is weighing whether to press on with a $20 bln Canadian potash project, which would be its biggest investment in years. Clara Ferreira Marques and Jeffrey Goldfarb discuss what it will take to persuade shareholders scarred by past blunders that the…
Activist Carl Icahn wants to replace four directors at Occidental Petroleum in the wake of its $38 billion deal to buy Anadarko Petroleum. Shareholders aren’t getting a vote. They should, as John Foley explains. Icahn’s move is one way for them to prot…