Net Present Value Finance 101 by Karl - September 30, 2017December 31, 20180 What is Net Present Value? In short, Net Present Value, or NPV is a method used to calculate the value of something. Typically used by managers for capital budgeting, NPV can also be used in a variety of other circumstances, like deciding between two schools for your MBA. The formula for
Chinese Energy Companies in Canada Canada China Energy Exploration & Production by Stanley - September 26, 2017November 3, 20190 PetroChina Canada PetroChina Canada opened its doors in 2010 as Dover Operating Corporation, a joint venture between PetroChina and Athabasca Oil Corporation. Dover was focused on two oilsands operations in the region of Fort McMurray, Alberta. After amalgamating with Phoenix Energy Holdings, the company now holds a portfolio of six assets in
Global M&A Roundup Sep 22, 2017 – Orbital ATK, Colonial Mutual Life Assurance Society Aerospace & Defense Financial Institutions Investment Banking Mergers & Acquisitions USA by Sara - September 25, 2017March 19, 20180 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Orbital ATK, Inc. (NYSE:OA) Industry: Aerospace and Defense Acquirer: Northrop Grumman Corporation Target: Orbital ATK, Inc. Size: $9.3 billion Consideration: 100% Cash Source of Funds: Cash, Debt Sell Side Advisor: Citi Buy Side Advisor:
Investment Banking Meal Allowance and Taxi Chits (or UberX) Canada Life & Work by Matt - September 23, 2017January 27, 20181 Investment banking meal allowance is the daily stipend that the junior staff receive for food for days where they have to work past a certain hour (which is often). Also, after a certain time later than the meal allowance checkpoint, bankers are allowed to expense reasonable transportation home. Previously, investment
Investment Banking Teaser Case Study Mergers & Acquisitions by Matt - September 18, 2017July 2, 20180 Investment Banking Teaser Overview The teaser is a document sent out to potential investors in an opportunity. Teasers are used in many sorts of marketing roles, but most prominently in investment banking and commercial real estate. Investment banks will mail out teasers to parties they feel would be interested in a
Global M&A Roundup Sep 15, 2017 – The New York State Catholic Health Plan, Inc. Financial Institutions Healthcare Mergers & Acquisitions USA by Sara - September 18, 2017November 24, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: The New York State Catholic Health Plan, Inc. Industry: Healthcare / Financial Institutions - Insurance Acquirer: Centene Corporation (NYSE:CNC) Target: The New York State Catholic Health Plan, Inc. Size: $3.75 billion Consideration: 100% Cash
Investing Mistakes for Family and Friends Investing by Matt - September 17, 2017February 19, 20181 Over family dinners and drinks with friends and friends of friends, the conversation usually steers towards investment advice. "My investment banker at TD tells me that I should buy the Canadian Balanced Fund. Do you think this a good idea? Do you know Alvin?" I have come to realize that very intelligent
Weekly Movers Sep 15, 2017 – Empire Co, Tahoe Resources, Yellow Pages Ltd, Hurricane Irma, Movie Theatre Stocks, Car Rental Stocks Canada Equities by Karl - September 16, 2017February 21, 20180 Top Weekly TSX Gainers (Week of September 15, 2017) Empire Company Ltd (TSX:EMPa, Chg:24.3%) Industry: Consumer & Retail EMP.A has consistently underperformed the Canadian grocer comp since the messy $5.8bn takeover of Safeway Canada. Sobey’s SAP software led to technical integration hurdles and frustrated employees. Logistic problems led to many out-of-stock products and
Understanding Supply and Demand Economics 101 by Karl - September 16, 2017December 31, 20180 Economics plays a fundamental role of business and finance, and supply and demand underpin all the topics within economics. Understanding how people, firms, and other institutions make decisions is critical to any sell side or buy side role. Understanding Demand Demand refers to the amount of goods or services desired at different
Canadian M&A Roundup Sep 15, 2017 – Polaris Materials Basic Materials Canada Mergers & Acquisitions by Sara - September 15, 2017October 6, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Polaris Materials Corporation (TSX:PLS) Industry: Basic Materials - Construction Materials Acquirer: Unknown US Buyer Target: Polaris Materials Corporation Size: $301 million Consideration: 100% Cash Source of Funds: Not Disclosed Sell Side Advisors: Canaccord Genuity Corp.