CEE Morning Briefing: Magyar Telekom Holders to Approve Dividend
Encore Media Group: Industry-leading speakers from industries including manufacturing, logistics, transport, energy and government join the IoT Tech Expo’s stellar line-up for the Central Europe event in Berlin this June
Mergers and acquisitions are ramping up (as are rumors), but with the sector slightly overvalued, we stick to fundamentals and seek firms with established economic moats.
We have doubts that the two firms will be able to reach agreeable merger terms and think that both will seek out other partners.
Given the tech sector's higher recent volatility and overvaluation, we're seeking wider margins of safety and established economic moats.
This week we raised our fair value for Twitter, maintained our fair value for Yum Brands in the wake of bad news, and sized up T-Mobile's newest suitor.
Five stats from the market and the stories behind them. This week: A 3,000 euro limit in Cyprus, Buffett takes 10 million shares, and BlackBerry 10 hits a respectable 1 million units sold.
Policymakers and corporate leaders arrived at decision points this week.
We got news of both progress and backpedaling this week, reports Morningstar markets editor Jeremy Glaser.
The carrier has changed its name from France Telecom to better demonstrate the global nature of its business.