Category: Global Equity

Analysis, BioTech, Diversified Tech, Finance, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

BMW Races Past Street Consensus, Confirms Full-Year Guidance; Maintaining Our EUR 85 FVE

Narrow-moat, negative-moat-trend rated Bayerische Motoren Werke AG BMW reported better than expected first-quarter 2013 earnings per share results of EUR 1.99. This was EUR 0.22 ahead of the Street consensus EPS estimate of EUR 1.77, but EUR 0.06 below last year’s EUR 2.05 result. Demonstrating the reason for our narrow-moat rating, despite the decline in European volume and the competitive pricing in the region, BMW … Continue reading BMW Races Past Street Consensus, Confirms Full-Year Guidance; Maintaining Our EUR 85 FVE

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Analysis, BioTech, Commodities, Diversified Tech, Finance, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Strong First-Quarter Results at Swiss Re

Swiss Re SREN had a very profitable first quarter, led by a 53% increase in its Property and Casualty segment on a year-over-year basis. The combined ratio in this segment was 70%, reflecting a dearth of catastrophe events and favorable reserve development which reduced the ratio by 8 points. Life and Health reinsurance net income improved slightly from last year while Corporate Solutions was up … Continue reading Strong First-Quarter Results at Swiss Re

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