Soul Patts has an appropriately conservative approach to the use of debt. Holding significant cash balances at certain points in the equity market cycle is a central component of the value investment ...

We base our valuation on a dividend discount model using a 7.5% cost of equity. Transurban is arguably a long-term, inflation-linked, amortizing bond, with growth options. EBITDA margin is high, at ...

We think Brickworks is in a sound financial position. On the balance sheet, gearing of 22% versus the covenant of 40% is conservative. However, interest cover of 3.7 times at the end of January 2025 ...

The New Zealand economy has been gathering momentum, helped by significant interest-rate cuts since the middle of last year, but the Reserve Bank of New Zealand recently warned that the uncertain ...

Gains in megacap tech stocks lifted U.S. indexes, overcoming headwinds from another flare-up in trade tensions. The S&P 500 ticked up 0.4%. The Chinese Commerce Ministry said Washington had "seriously ...

BioNTech and Bristol Myers Squibb have agreed to jointly develop and commercialize BioNTech's BNT327 cancer-drug candidate in a deal potentially worth more than $11 billion to the German drugmaker.

The Industrial Development Authority of the County of Maricopa in Arizona plans to sell $80 million of revenue bonds to help finance construction of a charter school in South Carolina.

Parsons lowered its outlook for fiscal year 2025 revenue to $6.45 billion to $6.65 billion, from $7.0 billion to $7.5 billion previously. The new range removes anticipated financial effects from the ...