Brian DeChesare

JANUARY 4, 2023

Any discussion of the financial markets in 2022 needs to acknowledge one important fact upfront: it was the worst year for stocks and bonds since at least 1871. Meanwhile, disasters kept emerging in the riskiest parts of the market, such as crypto (see: FTX , Celsius, etc.), Total Gain Over Pre-Covid Market Levels: +54%.

Marketability 98

Marketability Start-ups Dividends Treasury 98

Global Finance

FEBRUARY 5, 2025

Indonesia is a substantial and growing market for us. In 2023, Indonesia joined the Regional Comprehensive Economic Partnership, which includes all 10 ASEAN countries, plus Australia, China, Japan, New Zealand, and South Korea. Second, access the ASEAN and South Asian markets. Itll get to $3.65

Banking 108

Banking Dividends Marketability Finance 108

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. at the start of that year.

Equity 95

Equity Risk Premium Start-ups Dividends 95

Musings on Markets

JANUARY 10, 2025

In corporate finance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth. Dividends and Potential Dividends (FCFE) 1.

Risk Premium 119

Risk Premium Dividends Start-ups Corporate Finance 119

Harvard Corporate Governance

AUGUST 29, 2023

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Tuesday, August 29, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. Rosenblum , Karessa L.

Dividends 188

Dividends Marketability 188

Global Finance

DECEMBER 3, 2024

We have seen GDP rise by 6% in 2023 and 6.4% We have unified the exchange rate and liberalized the forex market, making it easier for international partners to do business here, including through public-private partnerships and outsourcing. From 2017 to 2023, we attracted $9.7 billion in 2023). in the first half of 2024.

Start-ups 116

Start-ups Finance Dividends Marketability 116

Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. This dance between companies and investors, playing out in expected and actual earnings, is a feature of every earnings season, especially so in the United States, and it has always fascinated me.

Marketability 135

Marketability Start-ups Discounted Cash Flow Market Capitalization 135

Musings on Markets

DECEMBER 21, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. firms in emerging markets or private businesses.

Corporate Finance 99

Corporate Finance Finance Start-ups Marketability 99

Benzinga

AUGUST 21, 2023

Greenlight has also issued a third seven-figure dividend to its shareholders, following the first-ever issuance of a dividend by an MSO in April of this year. In 2023, Greenlight has returned consecutive dividends that amount to over 13% of. of cultivation and manufacturing space in 6 states.

Dividends 52

Dividends Marketability 52

Benzinga

APRIL 26, 2023

and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 Non-performing Assets were 0.14% of Total Assets at March 31, 2023 Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., million, or 1.8% million, or $0.52

Dividends 40

Dividends Banking Equity Book Value 40

Benzinga

OCTOBER 6, 2023

Special dividend estimated to be $1.5118 per share Payment of special dividend conditioned upon closing of merger, which is subject to stockholder approval BOSTON, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Talaris Therapeutics, Inc. The Special Dividend will not exceed an amount equal to $67.5

Dividends 40

Dividends Banking Marketability 40

Benzinga

JANUARY 12, 2024

billion a year ago, led by market beta on average AUM, positive organic base fee growth, and higher securities lending revenue. BlackRock Inc (NYSE: BLK ) reported Q4 FY23 revenue growth of 7% Y/Y to $4.631 billion, marginally above the consensus of $4.627 billion. billion from $3.40

Dividends 52

Dividends Beta Technology Marketability 52

Global Finance

MAY 1, 2025

Following a strong performance in the prior year, Islamic financial institutions (IFIs) recorded a steady 2024, with the overall sectors return and total assets at levels similar to their 2023 performance. This includes cash, trade, treasury, and capital-market products. The nonperforming-loan ratio is 3%, with good coverage in place.

Banking 83

Banking Finance Marketability Equity 83

Musings on Markets

JANUARY 17, 2024

Heading into 2023, US equities looked like they were heading into a sea of troubles, with inflation out of control and a recession on the horizon. In that post, I noted that if inflation subsided quickly, and the economy stayed out of a recession, stocks had upside, and that is the scenario that played out in 2023.

Risk Premium 81

Risk Premium Start-ups Equity Dividends 81

Benzinga

NOVEMBER 9, 2023

CPI's Electron Device Business manufactures electronic components and subsystems primarily serving the aerospace and defense market. CPI's Electron Device Business generated approximately $300 million in revenue for its fiscal year ended September 30, 2023.

Dividends 52

Dividends Marketability Equity 52

Musings on Markets

JANUARY 6, 2023

Counter made-up numbers : It remains true that people (analysts, market experts, politicians) often make assertions based upon either incomplete or flawed data, or no data at all. Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Global Finance

JULY 23, 2024

Significantly, Mizuho CEO Masahiro Kihara said the bank will either pass on the proceeds from its sales of equity holdings to investors as dividends or invest them in growth-directed activities, and Sumitomo Mitsui aims to reduce the market value of its equity holdings to less than 20% of the value of its consolidated net assets.

Price to Book 111

Price to Book Banking Dividends Equity 111

Musings on Markets

JANUARY 5, 2024

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year.

Dividends 106

Dividends Risk Premium Equity Book Value 106

Benzinga

MAY 9, 2023

Nexstar Media Group, Inc (NASDAQ: NXST ) reported a Q1 2023 net revenue growth of 3.9% billion, beating the consensus of $1.24 Revenues from Television Advertising declined 6% Y/Y to $425 million, comprising Core Advertising revenue that fell 2.6% Y/Y to $417 million and a 66.7% Y/Y decline in Political Advertising revenue to $8 million.

Dividends 52

Dividends Equity Marketability 52

Benzinga

APRIL 28, 2023

April 28, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. NASDAQ: MPB ) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2023 of $11.2 HARRISBURG, Pa.,

Dividends 40

Dividends Banking Book Value Equity 40

Benzinga

JULY 25, 2024

per basic and diluted share, for the three months ended June 30, 2023. per basic and diluted share, for the six months ended June 30, 2023. million for the respective 2023 periods. and 16.7%, respectively, versus the same period in 2023. per basic and diluted share, for the three months ended June 30, 2023.

Dividends 45

Dividends Book Value Equity Banking 45

Musings on Markets

AUGUST 5, 2023

If you have been reading my posts, you know that I have an obsession with equity risk premiums, which I believe lie at the center of almost every substantive debate in markets and investing. The risk premium that you demand has different names in different markets.

Risk Premium 98

Risk Premium Equity Start-ups Treasury 98

Global Finance

OCTOBER 6, 2024

trillion worldwide in 2022, according to the 2023 Global Wellness Economy Monitor report, which predicted it will enjoy a compound annual growth rate of 8.6% Bhutan now allows foreign investors to repatriate dividends, and the limit on leases of state land was extended this year from 30 years to 99. of GDP in 2023.

Dividends 119

Dividends Banking Marketability Finance 119

Brian DeChesare

JANUARY 3, 2024

The markets in 2023 were almost a complete reversal of 2022, and hardly anyone – me included – saw it coming. This result is disappointing because it ends my 4-year streak of matching or beating the market, and it’s all because of my bad decisions. But my real estate investment funds were down ~10% , which hurt.

Marketability 59

Marketability Start-ups Equity Dividends 59

Chris Mercer

FEBRUARY 14, 2024

This second musing addresses the use of restricted stock studies to support marketability discounts in gift and estate tax appraisals prepared for the Internal Revenue Service (or for anyone, for that matter). And more than a few appraisers use these stale and tired studies to guess at marketability discounts in 2024.

Marketability 52

Marketability Dividends Appraisal Business Valuation 52

Musings on Markets

SEPTEMBER 27, 2022

By the start of 2022, the window for early action had closed and for much of this year, inflation has been the elephant in the room, driving markets and forcing central banks to be reactive, and its presence has already induced me to write three posts on its impact.

Risk Premium 99

Risk Premium Treasury Start-ups Equity 99

Benzinga

MARCH 24, 2023

VANCOUVER, British Columbia, March 24, 2023 (GLOBE NEWSWIRE) -- Pan American Silver Corp. On March 23, 2023, the Mexican Federal Economic Competition Commission approved the Arrangement. In addition, Pan American has declared a cash dividend of $0.10 In addition, Pan American has declared a cash dividend of $0.10

Dividends 40

Dividends Marketability 40

Valutico

OCTOBER 1, 2022

Founded in 1995, Lockheed Martin Corporation is a Bethesda, Maryland-based aerospace company with a $106 billion market capitalization. . The company published its Q2 2023 financial results this week. dividend yield and an ongoing share buyback program. . A WACC of 5.7%

Discounted Cash Flow 52

Discounted Cash Flow Dividends Market Capitalization Marketability 52

Global Finance

SEPTEMBER 9, 2024

While that represents a 15% decrease from 2023, it suggests that a fear of business interruption persists. Corporates are hoarding cash, and that has meant a return to dividends and distributions but also more conservative cash management. How they access the market has also changed.

Treasury 105

Treasury Banking Finance Dividends 105

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. billion and deposits of around GBP 6.7 (USD

Dividends 52

Dividends Banking Equity Market Capitalization 52

Benzinga

DECEMBER 6, 2023

The CSHG Real Estate platform is one of the most relevant players in the Brazilian REIT market, ranking top 5 in market share and investing across a diverse range of market strategies including Logistics, Retail, Office and Receivables. GRAND CAYMAN, Cayman Islands, Dec. Full story available on Benzinga.com

Dividends 52

Dividends Market Capitalization Marketability 52

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. If impact investing were measured entirely on fund flows into green energy companies and out of fossil fuel companies, it has clearly succeeded.

Market Capitalization 109

Market Capitalization Enterprise Value Start-ups Marketability 109

Cooley M&A

JANUARY 19, 2023

1] On December 27, 2022, the Department of the Treasury (“Treasury”) and the IRS issued Notice 2023-2 (the “Notice”), providing interim guidance on the Excise Tax. This post highlights key guidance from the Notice as it relates to common M&A and capital market transactions.

Fair Market Value 52

Fair Market Value Marketability Dividends Treasury 52

Valutico

MARCH 28, 2023

UBS Group AG Weekly Valuation – Valutico | 28 March 2023 Link to the valuation Context In recent days, the financial markets have experienced increased turmoil, causing growing concerns about financial stability. As a result, they have been pouring into money market funds at the highest rate since the COVID pandemic began.

Banking 52

Banking Dividends Equity Marketability 52

Benzinga

FEBRUARY 29, 2024

Full Year 2023 Highlights 1 Revenues of $763.8 million one-time special dividend payment, $59.0 million acquisition of Infinite ID Fourth Quarter 2023 Highlights 1 Revenues of $202.6 Full Year 2023 Highlights 1 Revenues of $763.8 million one-time special dividend payment, $59.0 million Net Income of $37.3

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

Benzinga

JUNE 16, 2025

MOIC, implying significant de-risking and acceleration of Neinor's Strategic Plan 2023-27: Highly accretive transaction, driving €150mn Earnings uplift over 2025-27 (+40% vs Strategic Plan target and c.+25% .€2bn GAV (c.20,200#) 20,200#) at a c.30% 30% NAV discount Conservative underwriting targeting a +20% IRR and 1.8x

Dividends 40

Dividends Equity Banking Marketability 40

Benzinga

JANUARY 22, 2024

Barrick denies this claim, stating that Barceló’s last visit to Panama was in early 2023 for a mining conference. This setback led to the suspension of dividends, voluntary retirements and contributed to. Full story available on Benzinga.com

Dividends 52

Dividends Marketability 52