Many (un)happy returns in EM; governance and the vicious circle
This report examines the underlying governance factors that have driven EM underperformance over the last five years.Brazil, Russia, Malaysia and...
352 Views
U.S. Economy Picks up the Pace: We're bumping up our 2015 GDP forecast
Growth in the second quarter was revised up from 3.7% to 3.9%, beating the consensus estimate of 3.7% growth.It was what economists like to call a...
332 Views
Apple Remains One of Our Best Ideas in Tech as Innovation Lives On; Maintaining $140 Fair Value
We like what we saw out of Apple’s jam-packed product announcement event on Sept. 9, as the company continues to push the envelope on hardware,...
504 Views
Samsung Electronics Second Quarter: Weak Smartphones but Strong Semis; FVE to KRW 1.4 million
Samsung Electronics reported second-quarter 2015 revenue down 8% year on year, along with operating profit down 4% year on year, in line with the...
344 Views
C&T/Cheil: Proposed Inconsistencies & Magical Arithmetic
On June 30, Samsung C&T sent a letter to shareholders. That letter talked about the "significant business challenges and industry headwinds."...
639 Views