Articles by Daniel Marsh
Rolls-Royce Buyback Momentum Slows Ahead of Key July 30 Cash Report
Rolls-Royce has used 45% of its £2.3 billion buyback, with shares sliding to 1,376.2p. Berenberg retains a Buy rating as traffic data shows the engine maker outpacing rivals Safran and MTU.
ABB's Rotork Bid Sets High EBITDA Bar for Synergy Payoff
ABB's £4.1 billion bid for Rotork at 506p per share implies a 19.5x EBITDA multiple, requiring Rotork to boost annual EBITDA by £45-82 million to hit mid-teen synergy targets.
Hardee's Franchisee Bankruptcy Reveals 33% Revenue Per Store Gap
Superior Star's bankruptcy reveals a 33% revenue per store gap compared to Hardee's average, driven by deferred maintenance and aging facilities.
UK Mortgage Rates Fall but High LTV Deals Shrink, First-Time Buyers Face Hurdles
UK mortgage rates fall to 5.52% for two- and five-year fixes, but 95% LTV deals drop 3.4%, limiting options for first-time buyers.
SDG&E Outage in South Orange County May Slightly Impact Reliability Metrics
A power outage affecting 22,525 SDG&E customers in South Orange County could nudge the utility's system-wide outage duration metric by up to 3.38 minutes, but is unlikely to affect Sempra's earnings.
FTSE 100 Slips Despite Strong UK GDP; Takeover Bids for Rotork, Gooch & Housego
FTSE 100 drops 52 points to 10,464 despite UK GDP rising 0.8% in three months. Rotork, Gooch & Housego, and Ramsdens agree to takeover bids.
Macquarie Group Hits Record High Amid Oil Price Surge
Macquarie Group (ASX:MQG) hit a record high of A$258.16, driven by oil price swings that boost its commodities trading unit.
ANZ Estimates NZ$2.9B in Farm Efficiency Gains Across New Zealand
ANZ Group Holdings (ASX:ANZ) has estimated NZ$2.9 billion in potential efficiency gains across five NZ farm sectors, representing 18.7% of its agricultural loan book.
SOBR Safe Secures $3.1M in Warrant Exercise, Faces Heavy Dilution
SOBR Safe raises $3.1M through a repriced warrant exercise, issuing shares that could dilute existing holders by 84% as it pursues a merger and Nasdaq listing.
VivoSim Labs Soars on $5M Lilly Milestone, But Revenue Base Remains Tiny
VivoSim Labs hit a $5M milestone from Eli Lilly, but its revenue base of $131K and a 500% growth target highlight ongoing cash challenges.
Hardee's Franchise Concentration Exposed as 107 Closures Hit System
Closures by two large franchisees total 107, exactly matching Hardee's net decline in franchised outlets over two years, exposing concentration risk in its franchise model.
Four Tech Titans Drive Dow's 178-Point Gain, Masking Losses Elsewhere
The Dow Jones Industrial Average rose 177.65 points on July 15, driven almost entirely by Apple, Alphabet, Microsoft, and Amazon, as a surprise drop in producer prices sparked a rally in growth stocks.