Breakingviews TV: Taxing tech
Posted on Wednesday March 21, 2018
Liam Proud and Richard Beales discuss the EU’s idea of taxing the revenue of digital businesses like Alphabet and Facebook, because profit made in the virtual world is hard to map to specific jurisdictions in the real world.
Breakingviews TV: LBO dangers
Posted on Tuesday March 20, 2018
The bankruptcies of Toys R Us, Claire’s and iHeartMedia underscore the potential pitfalls of high-priced leveraged buyouts. Richard Beales and Tom Buerkle discuss how private equity’s record capital and lofty purchase multiples risk a repeat of those pre-crisis deals.
Breakingviews TV: Faceplant
Posted on Monday March 19, 2018
Robert Cyran and Jennifer Saba explain why Facebook’s lame response to a data breach shows Mark Zuckerberg and COO Sheryl Sandberg failing to grasp the depth of the firm’s problems.
Breakingviews TV: BX minus CIC
Posted on Friday March 16, 2018
March 16- China's sovereign wealth fund CIC has sold its $3 billion stake in Blackstone, the private equity firm run by Steve Schwarzman. Alec Macfarlane and Jeffrey Goldfarb discuss who got the better end of the decade-long deal.
Breakingviews TV: Toys RIP
Posted on Thursday March 15, 2018
Toy store chain Toys ‘R’ Us is going out of business, with 30,000 jobs at stake in the U.S. The misery is partly self inflicted, but the whole retail sector has become a plaything for destructive competitive forces. Jen Saba explains.
Breakingviews TV: Bearing up
Posted on Wednesday March 14, 2018
It’s a decade since Bear Stearns took a slug of money from the U.S. government. What followed was collapse and crisis. Lessons have been learned, but banks and their watchdogs are getting too cozy for comfort. Antony Currie explains.
Breakingviews TV: Chip chopped
Posted on Tuesday March 13, 2018
Politics may explain the White House’s block on Broadcom’s $117 bln bid for Qualcomm – but that doesn’t mean future deal-doers can’t avoid some of the acquisitive chipmaker’s gaffes, as Robert Cyran tells John Foley.
Breakingviews TV: Goldman’s CEO
Posted on Monday March 12, 2018
John Foley and Antony Currie explain why investment banker David Solomon is the favorite to take over from Lloyd Blankfein – and what his elevation to the top says about the problems Goldman has had with its trading division.
Breakingviews TV: Board dames
Posted on Friday March 09, 2018
Asia’s boardrooms are finally welcoming more women. But in markets like Japan, India, Singapore and Hong Kong, female directors are still a rarity. Katrina Hamlin and Quentin Webb explain why that bodes ill for investors in the region.
Breakingviews TV: Unhealthy M&A
Posted on Thursday March 08, 2018
Antony Currie and Robert Cyran explain why insurer Cigna is spending $54 bln for drugs middleman Express Scripts – and how it’s undermining the rationale behind the deal by paying a 31 pct premium that cost cuts can’t cover.