Dive into the latest in-depth analysis of Alphabet Inc., crafted by our Corporate Finance division, packed with strategic insights you won’t want to miss!” Read Full Article Authors: Isabelle Cella, Riccardo Coti Zelati
NextEra Energy (NEE) - Investment Report OVERVIEWNextEra Energy, Inc. (NYSE: NEE) is an American energy company and a global leader in renewable energy production, founded in 1925 as Florida Power & Light (FPL) and headquartered in Juno Beach, Florida. Initially serving as a traditional electric utility for Florida, the company has evolved into the world’s largest producer of wind and solar energy by leveraging advancements in clean energy technologies and strategically responding to the global energy transition. Its operations are divided into two primary subsidiaries: Florida Power & Light (FPL), which serves over 11 million residents in Florida, and NextEra Energy Resources (NEER), focused on developing renewable energy solutions across North America.NextEra Energy has demonstrated robust growth by capitalizing on the increasing demand for clean energy and grid modernization. The…
Analysis of the Global Automotive Industry and Market INTRODUCTION The global automotive industry is undergoing significant transformations driven by technological advancements, shifting consumer preferences, and evolving regulatory landscapes. In 2024, the sector faces both challenges and opportunities as it navigates these changes. INDUSTRY OVERVIEW Global vehicle sales are projected to reach approximately 94.7 million units in 2024, marking a 3.3% growth compared to the previous year. This growth is influenced by factors such as interest rates and economic conditions. The transition towards electric vehicles (EVs) continues to accelerate, with manufacturers investing heavily in electrification and digitalisation to meet consumer demand and regulatory requirements. CURRENT STATE OF THE GLOBAL AUTOMOTIVE INDUSTRY Regional Highlights: China: maintains its position as the world’s largest automotive market, contributing over 30% of global vehicle sales. Europe:…
Take a look at the latest company report created by the Corporate Finance division about Cyberoo. Cyberoo_Company_Report_CIC.pdf Download Authors: Giuseppe Caccamo & Riccardo Coti Zelati
Unicredit’s Bold Ambition: TAKING THE LEAD IN EUROPEAN BANKING On September 11th, UniCredit acquired a 4.5% stake in Commerzbank after the German government sold 531.1 million shares, roughly 4.49% of its shareholding in Commerzbank, for about $750 million. The lender doubled its holding in Commerzbank and reached 9% of the shares.On September 23rd, Unicredit asked for approval to increase its stake in Commerzbank to 29.9%, as for the ECB it constitutes as a qualifying holding. Meanwhile, it entered into financial derivative contracts, specifically zero collar derivatives, covering about 11.5% of Commerzbank’s shares. Settlement of these derivatives, which would transfer actual shares to Unicredit, is conditional to obtaning the necessary regulatory approvals.Therefore, Unicredit’s current direct ownership stands at 9%, with the potential of incresing the stake up to 20.5% upon settlement…
TRUMP’S RETURN TO PRESIDENCY: impacts on the stock market and economic outlook Donald Trump's return to presidency is a highly debated topic, with the markets reflecting both hope and apprehension. His presidency promises to bring drastic changes in economic policy, with key discussions around tax reforms, deregulation, and trade policy. All these factors are already influencing investor behavior and shaping market trends.After Trump's victory, the stock market had a noticeable rally as investors became relieved with the clarity of the election outcome and the anticipation of market-friendly policies. The S&P 500 reached a record high after the news, while the VIX went down, amidst the exciting expectations of tax cuts and deregulation.The Republican leader has long demonstrated his fascination with cryptocurrencies, and the leading crypto now stands close to the…
Secondary Buyouts It is worth analyzing one of the most common and controversial way in which a PE firm is able to exit from an investment that has been made during the life cycle of one of its Private Equity fund. Secondary buyout, also known as SBO, is a strategy that is increasingly used starting from 1996; in this particular exit strategy the PE firm sells a portfolio company to another PE firm. According to On Secondary Buyout 1, SBO exit strategy sharply increased starting from roughly 9% in 1996 to more than 40% in 2012. To present and explain why this type of exit is frequently seen as a possible manifestation of agency conflicts and opportunistic behaviors between GPs (General Partners) and LPs (Limited Partners), we can start from…
ELI LILLY FACES RATING DOWNGRADE DUE TO SALES ISSUES, WHILST MOODY’S STOCK REACHES ITS ALL TIME HIGH Erste Group, one of the main European banking groups based in Austria, recently modified its rating of portfolio holding Eli Lilly (LLY) (0.2 units purchased @582.99). Its recommendation changed from Buy to Hold and the main factors that contributed to this downgrade are two ratios: inventory/sales and receivables/sales. What analysts pointed out is that, despite the positive expectations about Eli Lilly’s earnings trend in the near future, the previously cited ratios increased too much, reaching their highest values in the last 6 years. A high inventory/sales ratio may indicate an overstocking or a worrying decrease in customers’ demand, while a rising value for receivables/sales probably reflects the difficulties faced by Eli Lilly in…
Market Volatility Amid Earnings Season and Policy Shifts: NVIDIA, Oklo, and Eli Lilly in Focus During the last two weeks, the stock market has fluctuated greatly, partly due to the election of the new US president, Donald Trump, and partly because we’re right in the middle of earnings season, when many companies report their earnings and forecasts, leading to changes in stock prices.NVIDIA Our holding, Nvidia (NVDA), has probably been one of the most talked about stocks in recent years due to its amazing returns. As of today, it is also the world’s largest company by market cap. The company reported its Q4 results on Wednesday 20 after the market closed, and despite topping expectations, the stock shares fell, failing to continue to fuel the AI spark. The company reported…
Comparing Solutions: What can Spain learn from 2009 L'Aquila Earthquake The floods of October 29th have had major natural, social and economic consequences on Eastern Spain. Enraged residents confronted the king, the prime minister and the region’s president in Paiporta, one of the towns with the highest death toll: Being put on the spot, the government now has to think about the next steps carefully. Besides humanitarian aid, what fiscal measures can the government introduce in order to attenuate the economic impact of the flood?Italy, during its history, has been hit by many natural disasters, and has implemented different policies that could also help Spain. What has Italy done in the past in similar situations and how did those measures help?One of Italy’s most recent cases was in 2009, when…
