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lidgeit

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- lidgeitlidgeit
  ·2022-01-24
  Interesting
  Kohl's under fresh pressure as Sycamore expresses interest after Acacia made bid
  Jan 23 (Reuters) - U.S. department store Kohl's Corp may soon receive a second takeover offer as pri
  Kohl's under fresh pressure as Sycamore expresses interest after Acacia made bid
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- lidgeitlidgeit
  ·2022-01-24
  Cool
  Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence
  New Delhi | Bengaluru:The independent directors of Future Retail Ltd. have decided not to accept Ama
  Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence
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- lidgeitlidgeit
  ·2022-01-05
  Nice
  Drubbing in Tech Marks Biggest New-Year Stock Rotation Since ’95
  Cyclical, value shares surge amid expectations for rate hikesShift broadens market breadth and may h
  Drubbing in Tech Marks Biggest New-Year Stock Rotation Since ’95
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- lidgeitlidgeit
  ·2022-01-04
  Cool
  Sorry, this post has been deleted
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- lidgeitlidgeit
  ·2022-01-02
  Nice
  XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla
  The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning
  XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla
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- lidgeitlidgeit
  ·2022-01-02
  Hmm
  Could Apple's Market Cap Hit $4 Trillion in 2022?
  As the Street wonders when Apple can break through the $3 trillion mark, investors should look even further ahead: Is a $4 trillion market cap on the horizon?
  Could Apple's Market Cap Hit $4 Trillion in 2022?
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Value proposed buying the company, three sources familiar with the matter said on Sunday.</p><p>Sycamore Partners has reached out to Kohl&#39;s about a potential offer that would value the company around $9 billion, one source said. The firm is willing to pay at least $65 a share in cash for the company, the source said.</p><p>The news comes two days after Acacia Research, which is backed by Starboard, offered to pay $64 a share for Kohl&#39;s, confirming a Reuters report last week that Acacia had reached out to the company to express its interest in a takeover.</p><p>There are no guarantees that Sycamore Partners will make a bid or that a deal will be reached with either Sycamore or Acacia, the sources said. Bloomberg first reported Sycamore&#39;s interest on Sunday and the Wall Street Journal reported the Acacia bid on Friday.</p><p>Representatives for Sycamore, Acacia and Kohl&#39;s did not immediately respond to requests for comment.</p><p>Sycamore&#39;s interest in Kohl&#39;s illustrates investors ongoing interest in retailers and the troubles that brick and mortar retailers are facing as the pandemic has largely prompted customers to shift buying habits in favor of online retailers.</p><p>Kohl&#39;s has been facing pressure from activist investors to perform better for roughly a year and their ongoing unhappiness has become more visible in the last weeks after the company&#39;s share price climbed only 5% in the last year.</p><p>Last week activist investment firm Macellum Advisors, which owns 5% of Kohl&#39;s stock, told the company to explore strategic options, including a sale, and warned it planned to nominate directors to its board. Late last year activist firm Engine Capital also said it wants Kohl&#39;s to consider a sale.</p><p>Macellum&#39;s fresh pressure comes less than a year after it, along with two other activists, reached a settlement that saw Kohl&#39;s add three new directors to the board. Macellum called 2021 &#34;another lost year&#34; at Kohl&#39;s and criticized the stock price&#39;s 22% drop from April through last week.</p><p>Kohl&#39;s said last week its &#34;strategy is producing results&#34; and management and the board &#34;refuse to be distracted&#34; from delivering stronger results for all investors.</p><p>Sources said Acacia and Starboard, one of the industry&#39;s most respected and busiest activist investors, would likely work with Oak Street Real Estate Capital to try and sell off Kohl&#39;s real estate holdings to raise additional capital for a transaction. Kohl&#39;s has historically been opposed to sale-leasebacks of its real estate.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kohl's under fresh pressure as Sycamore expresses interest after Acacia made bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKohl's under fresh pressure as Sycamore expresses interest after Acacia made bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-24 06:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jan 23 (Reuters) - U.S. department store Kohl&#39;s Corp may soon receive a second takeover offer as private equity firm Sycamore Partners prepares to make a bid only days after a consortium backed by activist investment firm Starboard Value proposed buying the company, three sources familiar with the matter said on Sunday.</p><p>Sycamore Partners has reached out to Kohl&#39;s about a potential offer that would value the company around $9 billion, one source said. The firm is willing to pay at least $65 a share in cash for the company, the source said.</p><p>The news comes two days after Acacia Research, which is backed by Starboard, offered to pay $64 a share for Kohl&#39;s, confirming a Reuters report last week that Acacia had reached out to the company to express its interest in a takeover.</p><p>There are no guarantees that Sycamore Partners will make a bid or that a deal will be reached with either Sycamore or Acacia, the sources said. Bloomberg first reported Sycamore&#39;s interest on Sunday and the Wall Street Journal reported the Acacia bid on Friday.</p><p>Representatives for Sycamore, Acacia and Kohl&#39;s did not immediately respond to requests for comment.</p><p>Sycamore&#39;s interest in Kohl&#39;s illustrates investors ongoing interest in retailers and the troubles that brick and mortar retailers are facing as the pandemic has largely prompted customers to shift buying habits in favor of online retailers.</p><p>Kohl&#39;s has been facing pressure from activist investors to perform better for roughly a year and their ongoing unhappiness has become more visible in the last weeks after the company&#39;s share price climbed only 5% in the last year.</p><p>Last week activist investment firm Macellum Advisors, which owns 5% of Kohl&#39;s stock, told the company to explore strategic options, including a sale, and warned it planned to nominate directors to its board. Late last year activist firm Engine Capital also said it wants Kohl&#39;s to consider a sale.</p><p>Macellum&#39;s fresh pressure comes less than a year after it, along with two other activists, reached a settlement that saw Kohl&#39;s add three new directors to the board. Macellum called 2021 &#34;another lost year&#34; at Kohl&#39;s and criticized the stock price&#39;s 22% drop from April through last week.</p><p>Kohl&#39;s said last week its &#34;strategy is producing results&#34; and management and the board &#34;refuse to be distracted&#34; from delivering stronger results for all investors.</p><p>Sources said Acacia and Starboard, one of the industry&#39;s most respected and busiest activist investors, would likely work with Oak Street Real Estate Capital to try and sell off Kohl&#39;s real estate holdings to raise additional capital for a transaction. Kohl&#39;s has historically been opposed to sale-leasebacks of its real estate.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACIA":"Acacia Communications, Inc. ","KSS":"柯尔百货","ACTG":"阿卡西亚","BK4103":"百货商店"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2205078372","content_text":"Jan 23 (Reuters) - U.S. department store Kohl's Corp may soon receive a second takeover offer as private equity firm Sycamore Partners prepares to make a bid only days after a consortium backed by activist investment firm Starboard Value proposed buying the company, three sources familiar with the matter said on Sunday.Sycamore Partners has reached out to Kohl's about a potential offer that would value the company around $9 billion, one source said. The firm is willing to pay at least $65 a share in cash for the company, the source said.The news comes two days after Acacia Research, which is backed by Starboard, offered to pay $64 a share for Kohl's, confirming a Reuters report last week that Acacia had reached out to the company to express its interest in a takeover.There are no guarantees that Sycamore Partners will make a bid or that a deal will be reached with either Sycamore or Acacia, the sources said. Bloomberg first reported Sycamore's interest on Sunday and the Wall Street Journal reported the Acacia bid on Friday.Representatives for Sycamore, Acacia and Kohl's did not immediately respond to requests for comment.Sycamore's interest in Kohl's illustrates investors ongoing interest in retailers and the troubles that brick and mortar retailers are facing as the pandemic has largely prompted customers to shift buying habits in favor of online retailers.Kohl's has been facing pressure from activist investors to perform better for roughly a year and their ongoing unhappiness has become more visible in the last weeks after the company's share price climbed only 5% in the last year.Last week activist investment firm Macellum Advisors, which owns 5% of Kohl's stock, told the company to explore strategic options, including a sale, and warned it planned to nominate directors to its board. Late last year activist firm Engine Capital also said it wants Kohl's to consider a sale.Macellum's fresh pressure comes less than a year after it, along with two other activists, reached a settlement that saw Kohl's add three new directors to the board. Macellum called 2021 \"another lost year\" at Kohl's and criticized the stock price's 22% drop from April through last week.Kohl's said last week its \"strategy is producing results\" and management and the board \"refuse to be distracted\" from delivering stronger results for all investors.Sources said Acacia and Starboard, one of the industry's most respected and busiest activist investors, would likely work with Oak Street Real Estate Capital to try and sell off Kohl's real estate holdings to raise additional capital for a transaction. Kohl's has historically been opposed to sale-leasebacks of its real estate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007423032,"gmtCreate":1642986476633,"gmtModify":1676533762227,"author":{"id":"4096105157774550","authorId":"4096105157774550","name":"lidgeit","avatar":"https://static.tigerbbs.com/d54cfd2aade45a4f10a829a8e1d16f0d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4096105157774550","authorIdStr":"4096105157774550"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007423032","repostId":"1116018620","repostType":4,"repost":{"id":"1116018620","pubTimestamp":1642979099,"share":"https://ttm.financial/m/news/1116018620?lang=&edition=fundamental","pubTime":"2022-01-24 07:04","market":"us","language":"en","title":"Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence","url":"https://stock-news.laohu8.com/highlight/detail?id=1116018620","media":"The Economic Times","summary":"New Delhi | Bengaluru:The independent directors of Future Retail Ltd. have decided not to accept Ama","content":"<html><head></head><body><p><b>New Delhi | Bengaluru:</b>The independent directors of Future Retail Ltd. have decided not to accept Amazon’s request to allow private equity fund Samara Capital to conduct an expedited due diligence of the cash-strapped retailer.</p><p>The US-based etailer, in a letter to the independent directors on Saturday evening, had also said Samara Capital had “reiterated” that it remained committed to the term sheet signed on June 15, 2020, which proposed a “purchase consideration” of Rs 7,000 crore for the retailer.</p><p>Ravindra Dhariwal, one of Future Retail’s three independent directors, however, described Amazon’s offer as a “smokescreen”, and said it was untenable.</p><p>“All the diligence has been done to death—by Reliance Retail—and by the banks as part of the OTR process. Their diligence request is just smoke and mirrors,” Dhariwal told ET. Their intent is clear: They want to say in media headlines that they can solve the problem and we are not allowing them. They want to stand up in the courts and claim they have a solution.”</p><p>“But any scrutiny of their offer will immediately tell you that it is untenable, unviable and will not come even close to solving the problem,&#34; he said.</p><p>The three independent directors were scheduled to send a reply to Amazon late Sunday night. Gagan Singh and Jacob Mathew are the other two independent directors of Future Retail.</p><p>Meanwhile, Future Retail is planning to approach the Supreme Court on Monday seeking an extension for its Rs 3,500 crore repayment to lenders, which is due on January 29.</p><p>In its letter to the independent directors, Amazon had sought immediate access to Future Retail’s key financial, operational and other data, for Samara to conduct an expedited due diligence of the cash-strapped retailer in order to infuse funds into the company that is facing a debt default by the month-end.</p><p>&#34;Samara Capital has once again reiterated to us that they remain interested and committed to lead and take forward the term sheet dated June 30, 2020, signed amongst Samara, FRL and the promoters of FRL, which contemplates a purchase consideration of (Rs 7,000 crore) with the assistance and cooperation of the independent directors,&#34; Amazon said in its letter to Future Retail’s independent directors.</p><p>A person familiar with Future Retail’s independent directors’ way of thinking said that when Reliance Retail was offering Rs 24,000 crore and the company owed the banks Rs 12,500 crore, how could they accept a Rs 7,000 crore offer. &#34;The banks have the first charge on assets. Will they allow this,&#34; he said.</p><p>Dhariwal said Amazon’s offer was a “faulty bandage on a haemorrhaging patient”.</p><p>&#34;This is just a smokescreen, a PR exercise which we have seen through. Within a day they changed their negotiator from Amazon’s Abhijeet Muzumdar to Samara’s Sumeet Narang. And haven’t confirmed their relationship with Samara,&#34; he said. Muzumdar is the head of Amazon Smbhav Venture Fund and private investment &amp; corporate development while Narang is the founder and managing director of Samara Capital.</p><p>The US e-commerce giant was responding to Future Retail’s independent directors who on Friday had sought Rs 3,500 crore in unsecured long-term loans from Amazon to help avoid Future Retail’s debt from being classified as non-performing assets by lenders in the event the Indian retailer failed to repay the amount to the lenders by January 29. In its Friday letter, the Future Retail directors had asked Amazon to confirm by Monday its willingness to fund the required amount.</p><p>In June 2020, Samara Capital had signed a non-binding termsheet to acquire Future Retail’s businesses including Big Bazaar, Easyday and Heritage among other chains for Rs 7,000 crore.</p><p>&#34;The transaction envisaged in the Samara term sheet would ensure availability of funds in FRL at the earliest, through an asset sale and an equity infusion, which would be a direct antidote to FRL’s indebtedness,&#34; Amazon wrote in the letter.</p><p>Amazon on Saturday further told the independent directors that the capital infusion plans will be in compliance with India’s foreign direct investment laws for multi-brand retailing as the entity taking over Future Retail’s network of stores would be an &#34;Indian-owned and controlled entity structure led by Samara and supported by Amazon&#34;.</p><p>&#34;As regards compliance of any structure with Indian law, please note that this structure is also similar to the proposed acquisition of the retail and wholesale undertaking of the Future Group (which includes FRL’s retail assets) by Reliance Retail and Fashion Lifestyle Limited,&#34; said the Amazon letter that was reviewed by ET.</p><p>Amazon has been embroiled in a legal dispute with Future Group since August 2020, when the slump sale of the latter’s assets to Reliance Retail for nearly Rs 25,000 crore was announced. Amazon objected to the deal and received a stay on the proposed deal from a Singapore emergency arbitrator. Amazon argues that Future Retail must seek its consent before parting with its assets as per the 2019 investment agreement with promoter firm Future Coupons Pvt. Ltd. that holds about 10% of Future Retail’s ..</p><p>Meanwhile, domestic banks led by State Bank of India (SBI) have decided not to intervene in the dispute between Future Retail and Amazon. &#34;We would rather concentrate on what can be done to recover dues rather than taking sides,&#34; said one of the lenders. The correspondence between Amazon and Future Retail over the last one week was not directly addressed to banks but they have been marked on all the communications from Amazon’s side.</p><p>If Future Retail fails to pay lenders Rs 3,494 crore by January 29, lenders&#39; debt exposure of around Rs 10,000 crore will have to be classified as non-performing loans by January end. A $14 million coupon on its $500 million bonds is due on Monday (January 24).</p></body></html>","source":"lsy1637711989698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuture Retail’s independent directors to turn down Amazon’s request for expedited due diligence\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-24 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://economictimes.indiatimes.com/tech/technology/future-retails-independent-directors-to-turn-down-amazons-request-for-expedited-due-diligence/articleshow/89080210.cms><strong>The Economic Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New Delhi | Bengaluru:The independent directors of Future Retail Ltd. have decided not to accept Amazon’s request to allow private equity fund Samara Capital to conduct an expedited due diligence of ...</p>\n\n<a href=\"https://economictimes.indiatimes.com/tech/technology/future-retails-independent-directors-to-turn-down-amazons-request-for-expedited-due-diligence/articleshow/89080210.cms\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://economictimes.indiatimes.com/tech/technology/future-retails-independent-directors-to-turn-down-amazons-request-for-expedited-due-diligence/articleshow/89080210.cms","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116018620","content_text":"New Delhi | Bengaluru:The independent directors of Future Retail Ltd. have decided not to accept Amazon’s request to allow private equity fund Samara Capital to conduct an expedited due diligence of the cash-strapped retailer.The US-based etailer, in a letter to the independent directors on Saturday evening, had also said Samara Capital had “reiterated” that it remained committed to the term sheet signed on June 15, 2020, which proposed a “purchase consideration” of Rs 7,000 crore for the retailer.Ravindra Dhariwal, one of Future Retail’s three independent directors, however, described Amazon’s offer as a “smokescreen”, and said it was untenable.“All the diligence has been done to death—by Reliance Retail—and by the banks as part of the OTR process. Their diligence request is just smoke and mirrors,” Dhariwal told ET. Their intent is clear: They want to say in media headlines that they can solve the problem and we are not allowing them. They want to stand up in the courts and claim they have a solution.”“But any scrutiny of their offer will immediately tell you that it is untenable, unviable and will not come even close to solving the problem,\" he said.The three independent directors were scheduled to send a reply to Amazon late Sunday night. Gagan Singh and Jacob Mathew are the other two independent directors of Future Retail.Meanwhile, Future Retail is planning to approach the Supreme Court on Monday seeking an extension for its Rs 3,500 crore repayment to lenders, which is due on January 29.In its letter to the independent directors, Amazon had sought immediate access to Future Retail’s key financial, operational and other data, for Samara to conduct an expedited due diligence of the cash-strapped retailer in order to infuse funds into the company that is facing a debt default by the month-end.\"Samara Capital has once again reiterated to us that they remain interested and committed to lead and take forward the term sheet dated June 30, 2020, signed amongst Samara, FRL and the promoters of FRL, which contemplates a purchase consideration of (Rs 7,000 crore) with the assistance and cooperation of the independent directors,\" Amazon said in its letter to Future Retail’s independent directors.A person familiar with Future Retail’s independent directors’ way of thinking said that when Reliance Retail was offering Rs 24,000 crore and the company owed the banks Rs 12,500 crore, how could they accept a Rs 7,000 crore offer. \"The banks have the first charge on assets. Will they allow this,\" he said.Dhariwal said Amazon’s offer was a “faulty bandage on a haemorrhaging patient”.\"This is just a smokescreen, a PR exercise which we have seen through. Within a day they changed their negotiator from Amazon’s Abhijeet Muzumdar to Samara’s Sumeet Narang. And haven’t confirmed their relationship with Samara,\" he said. Muzumdar is the head of Amazon Smbhav Venture Fund and private investment & corporate development while Narang is the founder and managing director of Samara Capital.The US e-commerce giant was responding to Future Retail’s independent directors who on Friday had sought Rs 3,500 crore in unsecured long-term loans from Amazon to help avoid Future Retail’s debt from being classified as non-performing assets by lenders in the event the Indian retailer failed to repay the amount to the lenders by January 29. In its Friday letter, the Future Retail directors had asked Amazon to confirm by Monday its willingness to fund the required amount.In June 2020, Samara Capital had signed a non-binding termsheet to acquire Future Retail’s businesses including Big Bazaar, Easyday and Heritage among other chains for Rs 7,000 crore.\"The transaction envisaged in the Samara term sheet would ensure availability of funds in FRL at the earliest, through an asset sale and an equity infusion, which would be a direct antidote to FRL’s indebtedness,\" Amazon wrote in the letter.Amazon on Saturday further told the independent directors that the capital infusion plans will be in compliance with India’s foreign direct investment laws for multi-brand retailing as the entity taking over Future Retail’s network of stores would be an \"Indian-owned and controlled entity structure led by Samara and supported by Amazon\".\"As regards compliance of any structure with Indian law, please note that this structure is also similar to the proposed acquisition of the retail and wholesale undertaking of the Future Group (which includes FRL’s retail assets) by Reliance Retail and Fashion Lifestyle Limited,\" said the Amazon letter that was reviewed by ET.Amazon has been embroiled in a legal dispute with Future Group since August 2020, when the slump sale of the latter’s assets to Reliance Retail for nearly Rs 25,000 crore was announced. Amazon objected to the deal and received a stay on the proposed deal from a Singapore emergency arbitrator. Amazon argues that Future Retail must seek its consent before parting with its assets as per the 2019 investment agreement with promoter firm Future Coupons Pvt. Ltd. that holds about 10% of Future Retail’s ..Meanwhile, domestic banks led by State Bank of India (SBI) have decided not to intervene in the dispute between Future Retail and Amazon. \"We would rather concentrate on what can be done to recover dues rather than taking sides,\" said one of the lenders. The correspondence between Amazon and Future Retail over the last one week was not directly addressed to banks but they have been marked on all the communications from Amazon’s side.If Future Retail fails to pay lenders Rs 3,494 crore by January 29, lenders' debt exposure of around Rs 10,000 crore will have to be classified as non-performing loans by January end. A $14 million coupon on its $500 million bonds is due on Monday (January 24).","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008055943,"gmtCreate":1641343178875,"gmtModify":1676533601667,"author":{"id":"4096105157774550","authorId":"4096105157774550","name":"lidgeit","avatar":"https://static.tigerbbs.com/d54cfd2aade45a4f10a829a8e1d16f0d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4096105157774550","authorIdStr":"4096105157774550"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008055943","repostId":"1168960619","repostType":4,"repost":{"id":"1168960619","pubTimestamp":1641335422,"share":"https://ttm.financial/m/news/1168960619?lang=&edition=fundamental","pubTime":"2022-01-05 06:30","market":"us","language":"en","title":"Drubbing in Tech Marks Biggest New-Year Stock Rotation Since ’95","url":"https://stock-news.laohu8.com/highlight/detail?id=1168960619","media":"Bloomberg","summary":"Cyclical, value shares surge amid expectations for rate hikesShift broadens market breadth and may h","content":"<html><head></head><body><ul><li>Cyclical, value shares surge amid expectations for rate hikes</li><li>Shift broadens market breadth and may help active managers</li></ul><p>After five years of waiting for technology shares’ grip on the market to loosen, value investors are getting their hopes up at the start of 2022.</p><p>Software and internet stocks sold off Tuesday, driving the Russell 1000 Growth Index down 1.1%. Meanwhile, energy and financial shares surged, leading gains among those trading at lower multiples based on profits or book value.</p><p>The divergence was so wide that over the past two sessions, growth has trailed value by 1.5 percentage points. That’s the worst underperformance for growth to start a year since 1995.</p><p><img src=\"https://static.tigerbbs.com/ccbc54c6a14e6c6777460ba28758ea66\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>This rotation came alongside a spike in Treasury yields on expectations that the Federal Reserve will raise interest rates this year to tame inflation. While the prospect of higher borrowing costs have prompted traders to rethink their affection for growth stocks -- particularly those fetching nose-bleed valuations -- rate hikes could signal an accelerating economy. This could be good for cyclical companies, many of which have been shunned.</p><p>“You could argue some of this rotation is the result of the higher real and nominal yields,” said Alon Rosin, Oppenheimer &amp; Co.’s head of institutional equity derivatives. “This rotation is long overdue with large-cap tech holding up into year end. Now we have multiple compression concerns across all tech with the Fed’s liquidity spigot coming into the tightening drumbeat ahead.”</p><p>Tech stocks bore the brunt of selling Tuesday and the Nasdaq 100 dropped 1.4%, the most in more than two weeks. Expensive software makers tumbled more than 4% as a group, reaching a level not seen since last June.</p><p>The ARK Innovation exchange-traded fund (ARKK), the poster-child of the frenzy over hyper-growth names, sank 4.4%, while a basket of profitless technology shares plunged 4.1%.</p><p>Despite the bleeding in the market’s largest industry, the S&amp;P 500 stood firm, thanks to gains in economically sensitive shares. Energy producers and the KBW Bank Index each rallied more than 6% in the past two sessions, marking their best start for a year on record.</p><p>To many investors, the rotation was a welcome development in a bull run where in a handful of tech giants have increasingly dominated equity gains, leaving the market vulnerable to company-specific risks. Broader participation is also good news for active money managers, whose gravitation toward value has contributed to years of lackluster performance when measured against their benchmarks.</p><p>Granted, short value renaissances have tried to challenge growth’s dominance in recent years, as in the first quarter of 2021 and the final months of 2018. Yet they all proved fleeting.</p><p>Still, some value fans are optimistic. As the Fed turns hawkish, company fundamentals and valuations will really matter.</p><p>“Not many predictions for a blowout 2022, so many are allocating towards consistently profitable companies, and away from profitless,” said Larry Weiss, head of equity trading at Instinet LLC in New York. “It could be the value comeback we’ve been waiting for!”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Drubbing in Tech Marks Biggest New-Year Stock Rotation Since ’95</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDrubbing in Tech Marks Biggest New-Year Stock Rotation Since ’95\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 06:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-04/drubbing-in-tech-marks-biggest-new-year-stock-rotation-since-95?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cyclical, value shares surge amid expectations for rate hikesShift broadens market breadth and may help active managersAfter five years of waiting for technology shares’ grip on the market to loosen, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-04/drubbing-in-tech-marks-biggest-new-year-stock-rotation-since-95?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-04/drubbing-in-tech-marks-biggest-new-year-stock-rotation-since-95?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168960619","content_text":"Cyclical, value shares surge amid expectations for rate hikesShift broadens market breadth and may help active managersAfter five years of waiting for technology shares’ grip on the market to loosen, value investors are getting their hopes up at the start of 2022.Software and internet stocks sold off Tuesday, driving the Russell 1000 Growth Index down 1.1%. Meanwhile, energy and financial shares surged, leading gains among those trading at lower multiples based on profits or book value.The divergence was so wide that over the past two sessions, growth has trailed value by 1.5 percentage points. That’s the worst underperformance for growth to start a year since 1995.This rotation came alongside a spike in Treasury yields on expectations that the Federal Reserve will raise interest rates this year to tame inflation. While the prospect of higher borrowing costs have prompted traders to rethink their affection for growth stocks -- particularly those fetching nose-bleed valuations -- rate hikes could signal an accelerating economy. This could be good for cyclical companies, many of which have been shunned.“You could argue some of this rotation is the result of the higher real and nominal yields,” said Alon Rosin, Oppenheimer & Co.’s head of institutional equity derivatives. “This rotation is long overdue with large-cap tech holding up into year end. Now we have multiple compression concerns across all tech with the Fed’s liquidity spigot coming into the tightening drumbeat ahead.”Tech stocks bore the brunt of selling Tuesday and the Nasdaq 100 dropped 1.4%, the most in more than two weeks. Expensive software makers tumbled more than 4% as a group, reaching a level not seen since last June.The ARK Innovation exchange-traded fund (ARKK), the poster-child of the frenzy over hyper-growth names, sank 4.4%, while a basket of profitless technology shares plunged 4.1%.Despite the bleeding in the market’s largest industry, the S&P 500 stood firm, thanks to gains in economically sensitive shares. Energy producers and the KBW Bank Index each rallied more than 6% in the past two sessions, marking their best start for a year on record.To many investors, the rotation was a welcome development in a bull run where in a handful of tech giants have increasingly dominated equity gains, leaving the market vulnerable to company-specific risks. Broader participation is also good news for active money managers, whose gravitation toward value has contributed to years of lackluster performance when measured against their benchmarks.Granted, short value renaissances have tried to challenge growth’s dominance in recent years, as in the first quarter of 2021 and the final months of 2018. Yet they all proved fleeting.Still, some value fans are optimistic. As the Fed turns hawkish, company fundamentals and valuations will really matter.“Not many predictions for a blowout 2022, so many are allocating towards consistently profitable companies, and away from profitless,” said Larry Weiss, head of equity trading at Instinet LLC in New York. “It could be the value comeback we’ve been waiting for!”","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001603502,"gmtCreate":1641225688118,"gmtModify":1676533585360,"author":{"id":"4096105157774550","authorId":"4096105157774550","name":"lidgeit","avatar":"https://static.tigerbbs.com/d54cfd2aade45a4f10a829a8e1d16f0d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4096105157774550","authorIdStr":"4096105157774550"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001603502","repostId":"1124353495","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001913155,"gmtCreate":1641138504730,"gmtModify":1676533575412,"author":{"id":"4096105157774550","authorId":"4096105157774550","name":"lidgeit","avatar":"https://static.tigerbbs.com/d54cfd2aade45a4f10a829a8e1d16f0d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4096105157774550","authorIdStr":"4096105157774550"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001913155","repostId":"1173416252","repostType":4,"repost":{"id":"1173416252","pubTimestamp":1641085354,"share":"https://ttm.financial/m/news/1173416252?lang=&edition=fundamental","pubTime":"2022-01-02 09:02","market":"us","language":"en","title":"XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1173416252","media":"Barrons","summary":"The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning","content":"<html><head></head><body><p>The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.</p><p>NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning each reported deliveries. Combined, the three shipped more than 40,000 units. That’s a monthly record and is one sign that Tesla (TSLA) should post its own big number when it reports fourth delivery figures in coming days.</p><p>About 25% of all Tesla deliveries are generated in China. Investors expect Tesla to report north of 280,000 deliveries worldwide for the fourth quarter.</p><p>Among the Chinese three, XPeng took the December, and 2021, crown reporting 16,000 deliveries, a new monthly record. For all of 2021, XPeng delivered 98,155 vehicles, up 263% compared with 2020.</p><p>Li delivered 14,087 units in December. That’s a monthly record for Li too. For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.</p><p>NIO didn’t set a new monthly record, just missing it by a few hundred units. The company shipped 10,489 vehicles in December. NIO’s monthly delivery record came in November, when it shipped 10,878 units. For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020.</p><p>Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date. XPeng and Li have delivered about 125,000 and 123,000 vehicle, respectively.</p><p>December vehicle deliveries for all EV producers might have been boosted by a subsidy cut coming for Chinese car buyers in 2022. Buyers rushed to get a slightly better deal. The Chinese purchase subsidy for an EV is about 10,000 Yuan, ($1,500), from 14,400 Yuan ($2,200). The $700 difference amounts to about a 2% price bump for typical EVs.</p><p>Falling subsidies are one factor investors will have to consider regarding Tesla and Chinese EV makers in 2022. But higher December deliveries mean that earnings estimates for NIO, XPeng, Li, and likely Tesla, will rise in coming weeks. More cars than expected means more sales and better bottom line results.</p><p>Strong delivery results might also help shares early in 2022. Shares of Tesla, XPeng and Li had a good to great 2021, gaining 50%, 18% and 11%, respectively. NIO shares struggled, dropping 35% in 2021. The S&amp;P 500 and Dow Jones Industrial Average gained 27% and 19%, respectively.</p><p>Starting valuation is one reason for NIO stock’s struggles. Even after underperforming, NIO’s market capitalization is about $54 billion, more than the $43 billion market cap of XPeng and the $33 billion market cap of Li.</p><p>Tesla, of course, ended 2021 with a market capitalization north of $1 trillion. It’s expected to deliver about 900,000 vehicles for 2021.</p></body></html>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-02 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/xpeng-nio-li-auto-report-big-december-deliveries-thats-good-for-tesla-51641056522?mod=newsviewer_click_seemore><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning...</p>\n\n<a href=\"https://www.marketwatch.com/articles/xpeng-nio-li-auto-report-big-december-deliveries-thats-good-for-tesla-51641056522?mod=newsviewer_click_seemore\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","TSLA":"特斯拉","NIO":"蔚来","LI":"理想汽车"},"source_url":"https://www.marketwatch.com/articles/xpeng-nio-li-auto-report-big-december-deliveries-thats-good-for-tesla-51641056522?mod=newsviewer_click_seemore","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1173416252","content_text":"The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning each reported deliveries. Combined, the three shipped more than 40,000 units. That’s a monthly record and is one sign that Tesla (TSLA) should post its own big number when it reports fourth delivery figures in coming days.About 25% of all Tesla deliveries are generated in China. Investors expect Tesla to report north of 280,000 deliveries worldwide for the fourth quarter.Among the Chinese three, XPeng took the December, and 2021, crown reporting 16,000 deliveries, a new monthly record. For all of 2021, XPeng delivered 98,155 vehicles, up 263% compared with 2020.Li delivered 14,087 units in December. That’s a monthly record for Li too. For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.NIO didn’t set a new monthly record, just missing it by a few hundred units. The company shipped 10,489 vehicles in December. NIO’s monthly delivery record came in November, when it shipped 10,878 units. For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020.Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date. XPeng and Li have delivered about 125,000 and 123,000 vehicle, respectively.December vehicle deliveries for all EV producers might have been boosted by a subsidy cut coming for Chinese car buyers in 2022. Buyers rushed to get a slightly better deal. The Chinese purchase subsidy for an EV is about 10,000 Yuan, ($1,500), from 14,400 Yuan ($2,200). The $700 difference amounts to about a 2% price bump for typical EVs.Falling subsidies are one factor investors will have to consider regarding Tesla and Chinese EV makers in 2022. But higher December deliveries mean that earnings estimates for NIO, XPeng, Li, and likely Tesla, will rise in coming weeks. More cars than expected means more sales and better bottom line results.Strong delivery results might also help shares early in 2022. Shares of Tesla, XPeng and Li had a good to great 2021, gaining 50%, 18% and 11%, respectively. NIO shares struggled, dropping 35% in 2021. The S&P 500 and Dow Jones Industrial Average gained 27% and 19%, respectively.Starting valuation is one reason for NIO stock’s struggles. Even after underperforming, NIO’s market capitalization is about $54 billion, more than the $43 billion market cap of XPeng and the $33 billion market cap of Li.Tesla, of course, ended 2021 with a market capitalization north of $1 trillion. It’s expected to deliver about 900,000 vehicles for 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001011504,"gmtCreate":1641100924447,"gmtModify":1676533572705,"author":{"id":"4096105157774550","authorId":"4096105157774550","name":"lidgeit","avatar":"https://static.tigerbbs.com/d54cfd2aade45a4f10a829a8e1d16f0d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4096105157774550","authorIdStr":"4096105157774550"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001011504","repostId":"2195448557","repostType":4,"repost":{"id":"2195448557","pubTimestamp":1640964603,"share":"https://ttm.financial/m/news/2195448557?lang=&edition=fundamental","pubTime":"2021-12-31 23:30","market":"us","language":"en","title":"Could Apple's Market Cap Hit $4 Trillion in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2195448557","media":"Motley Fool","summary":"As the Street wonders when Apple can break through the $3 trillion mark, investors should look even further ahead: Is a $4 trillion market cap on the horizon?","content":"<html><head></head><body><p>Shares of technology giant <b>Apple</b> (NASDAQ:AAPL) soared in 2021. As of Dec. 30, the stock had gained 34% in 2021. This put the market cap at more than $2.9 trillion.</p><p>While many recent headlines about the company have focused on its market capitalization approaching $3 trillion, investors might be wise to consider an even more bullish target: $4 trillion. Indeed, a close look at the stock suggests that a $4 trillion market cap could be within reach for the tech company in the near future -- possibly even within 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/759ce68147322ebcd7995f48e3873e6e\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>The path to $4 trillion</h2><p>A close look at Apple stock&#39;s conservative valuation and the company&#39;s broad-based momentum makes a good case for shares being undervalued today, setting the stage for a potential $4 trillion market capitalization in 2022.</p><p>The first way Apple stock could gain is simply through expansion in its valuation multiple. Some megacap stocks trade at substantially higher multiples relative to their free cash flow (FCF) than Apple does. If Apple can close the gap and command a similar premium, multiple expansion alone could help the stock rise substantially.</p><p>Consider that <b>Microsoft</b> (NASDAQ:MSFT) trades at 42 times its free cash flow. Apple, meanwhile, trades at only 31 times its FCF. Apple&#39;s stock price would have to rise 35% for its FCF valuation multiple to match Microsoft&#39;s. This alone would put the company&#39;s market capitalization at about $4 trillion.</p><p>There is actually a good case for Apple stock&#39;s valuation to see multiple expansion in the coming years: The tech giant&#39;s services business, which is a more reliable revenue source than its products, is growing as a percentage of Apple&#39;s total business. With a more predictable and reliable revenue source (that appears to still have lots of upside) increasingly driving Apple&#39;s growth, investors may start rewarding the stock with higher valuation multiples. In fiscal 2021, Apple&#39;s services revenue was 19% of revenue, up from less than 18% of revenue two years ago and 15% three years ago.</p><p>But even without this much multiple expansion, strong fundamentals could lift Apple shares meaningfully in 2022 and beyond. Consider that the company is seeing strong double-digit revenue growth recently, with record fiscal fourth-quarter revenue across every geographic and product segment. Specifically, Apple&#39;s fiscal fourth-quarter revenue came in at $83.4 billion, up from $64.7 billion in the year-ago quarter. But management estimates that revenue for the period would have been $6 billion higher if it weren&#39;t for supply constraints during the period.</p><p>Suffice to say, Apple&#39;s business is firing on all cylinders. With momentum in every geographic and product segment, it wouldn&#39;t be surprising to see double-digit growth rates in the company&#39;s revenue and free cash flow in fiscal 2022, providing solid substance for more share gains.</p><h2>Expect a bumpy ride</h2><p>While it is possible that Apple&#39;s market capitalization swells to $4 trillion before the end of 2022, there are no guarantees in investing. Even if everything goes well for Apple as a business, the stock itself could do poorly in the near term. Sometimes, for one reason or another, stocks fall in and out of favor. So even though shares appear undervalued today, the stock could fall before it rises.</p><p>And there&#39;s always a chance that Apple sees multiple <i>compression</i> instead of multiple expansion. While Apple&#39;s business fundamentals appear worthy of a Microsoft-like premium, the company&#39;s shares have usually traded at a discount to Microsoft&#39;s in terms of valuation multiples because Microsoft&#39;s business model is considered to be more sustainable and less dependent on blockbuster product hits like new iPhones. Apple notably also makes more than half of its sales from a single product: the iPhone. Its heavy reliance on a single product segment generally makes Wall Street view the stock as risker than Microsoft, which has a business primarily made up of recurring revenue from various software and services sources.</p><p>But given Apple&#39;s long history of pricing power, loyal customers, and an ability to bring to market products in entirely new categories every now and then, the tech company will likely keep succeeding -- and its market cap could march toward $4 trillion.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Apple's Market Cap Hit $4 Trillion in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCould Apple's Market Cap Hit $4 Trillion in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-31 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/31/could-apples-market-cap-hit-4-trillion-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of technology giant Apple (NASDAQ:AAPL) soared in 2021. As of Dec. 30, the stock had gained 34% in 2021. This put the market cap at more than $2.9 trillion.While many recent headlines about the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/31/could-apples-market-cap-hit-4-trillion-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4501":"段永平概念","BK4527":"明星科技股","BK4538":"云计算","BK4559":"巴菲特持仓","AAPL":"苹果","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","MSFT":"微软","BK4097":"系统软件","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","FCF":"第一联邦金融","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4516":"特朗普概念","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4211":"区域性银行","BK4566":"资本集团","BK4525":"远程办公概念","BK4535":"淡马锡持仓"},"source_url":"https://www.fool.com/investing/2021/12/31/could-apples-market-cap-hit-4-trillion-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2195448557","content_text":"Shares of technology giant Apple (NASDAQ:AAPL) soared in 2021. As of Dec. 30, the stock had gained 34% in 2021. This put the market cap at more than $2.9 trillion.While many recent headlines about the company have focused on its market capitalization approaching $3 trillion, investors might be wise to consider an even more bullish target: $4 trillion. Indeed, a close look at the stock suggests that a $4 trillion market cap could be within reach for the tech company in the near future -- possibly even within 2022.Image source: Getty Images.The path to $4 trillionA close look at Apple stock's conservative valuation and the company's broad-based momentum makes a good case for shares being undervalued today, setting the stage for a potential $4 trillion market capitalization in 2022.The first way Apple stock could gain is simply through expansion in its valuation multiple. Some megacap stocks trade at substantially higher multiples relative to their free cash flow (FCF) than Apple does. If Apple can close the gap and command a similar premium, multiple expansion alone could help the stock rise substantially.Consider that Microsoft (NASDAQ:MSFT) trades at 42 times its free cash flow. Apple, meanwhile, trades at only 31 times its FCF. Apple's stock price would have to rise 35% for its FCF valuation multiple to match Microsoft's. This alone would put the company's market capitalization at about $4 trillion.There is actually a good case for Apple stock's valuation to see multiple expansion in the coming years: The tech giant's services business, which is a more reliable revenue source than its products, is growing as a percentage of Apple's total business. With a more predictable and reliable revenue source (that appears to still have lots of upside) increasingly driving Apple's growth, investors may start rewarding the stock with higher valuation multiples. In fiscal 2021, Apple's services revenue was 19% of revenue, up from less than 18% of revenue two years ago and 15% three years ago.But even without this much multiple expansion, strong fundamentals could lift Apple shares meaningfully in 2022 and beyond. Consider that the company is seeing strong double-digit revenue growth recently, with record fiscal fourth-quarter revenue across every geographic and product segment. Specifically, Apple's fiscal fourth-quarter revenue came in at $83.4 billion, up from $64.7 billion in the year-ago quarter. But management estimates that revenue for the period would have been $6 billion higher if it weren't for supply constraints during the period.Suffice to say, Apple's business is firing on all cylinders. With momentum in every geographic and product segment, it wouldn't be surprising to see double-digit growth rates in the company's revenue and free cash flow in fiscal 2022, providing solid substance for more share gains.Expect a bumpy rideWhile it is possible that Apple's market capitalization swells to $4 trillion before the end of 2022, there are no guarantees in investing. Even if everything goes well for Apple as a business, the stock itself could do poorly in the near term. Sometimes, for one reason or another, stocks fall in and out of favor. So even though shares appear undervalued today, the stock could fall before it rises.And there's always a chance that Apple sees multiple compression instead of multiple expansion. While Apple's business fundamentals appear worthy of a Microsoft-like premium, the company's shares have usually traded at a discount to Microsoft's in terms of valuation multiples because Microsoft's business model is considered to be more sustainable and less dependent on blockbuster product hits like new iPhones. Apple notably also makes more than half of its sales from a single product: the iPhone. Its heavy reliance on a single product segment generally makes Wall Street view the stock as risker than Microsoft, which has a business primarily made up of recurring revenue from various software and services sources.But given Apple's long history of pricing power, loyal customers, and an ability to bring to market products in entirely new categories every now and then, the tech company will likely keep succeeding -- and its market cap could march toward $4 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}