According to World Bank data, India has just 0.7 physicians per 1,000 people compared to 2.8 and 3.5 in the UK and US, respectively. Access to healthcare is one of the pain points that Bangalore-based healthcare startup Practo tries to address. Practo’s Offerings Practo was founded in 2008 by Shashank ND and Abhinav Lal while they were still studying engineering at National Institute of Technology, Surathkal, Karnataka. Practo initially started as a healthcare practice management software provider. While most healthcare service providers had been using information systems, they incurred high maintenance costs. Practo was offering a cost ef...
Following the Possible Offer Announcement dated July 4, the boards of directors of Worldpay Group and Vantiv (VNTV) announced that they have reached an agreement in principle on the key terms of a potential merger of Worldpay and Vantiv. Under the terms of the Potential Merger, the ordinary shareholders of Worldpay would receive: For each ordinary share in Worldpay: GBP 0.55 in cash; and 0.0672 new Vantiv shares. Worldpay Shareholders would also be entitled to a cash dividend of 5 pence per Worldpay Share, in place of any anticipated interim dividend payment to be declared and approved by the Board of Worldpay by the time of Worldpay’s ...
The biggest frustration to many precious metals investors, is why have the gold and silver prices under-performed the market since 2011? Actually, for gold it was since 2012. Even though gold hit a new record high of $1,900 in September 2011, its average annual price was higher in 2012 at $1,669 compared to $1,571 the prior year. Regardless, the precious metals analysts back in 2012 were forecasting the market was going to experience even higher gold and silver prices, especially after the Fed announced QE 3 at the end of 2012. However, the precious metals community was taken by surprise as the gold and silver prices were hammered at the end ...
Right, so we’ll be hearing a lot about Qatar over the next 48 hours or so. Doha has, of course, delivered its “response” to a laughably absurd list of demands set forth by Saudi Arabia (and its allies) who last month decided the best way to dispel the notion that Riyadh promotes and exports Sunni extremism is to scapegoat tiny Qatar which conveniently has some semblance of a relationship with Tehran. Basically, the Saudis get to paint Qatar as the worst case scenario: a filthy rich sheikdom gone rogue, responsible for financing both Sunni terror groups and establishing kinda, sorta friendly ties with Iran. Qatar correctly thinks this is...
CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 6.6 % year-over-year (reported up 1.2 % month-over-month). CoreLogic HPI is used in the Federal Reserves’ Flow of Funds to calculate the values of residential real estate. Analyst Opinion of CoreLogic’s HPI CoreLogic year-over-year rate of growth has been steady for three years. Dr Frank Nothaft, chief economist for CoreLogic stated: The market remained robust with home sales and prices continuing to increase steadily in May. While the market is consistently generating home price growth, sales activity is being hindered by a lack of inventory across ...
By Bryce Coward Knowledge Leaders Capital Blog With the euro up another 50bps today against the USD, we thought it timely to review some fundamental factors that should act to support the longer-term trend higher in the euro. No doubt, this week’s substantial move was partially instigated by what were viewed as hawkish remarks by the ECB. Yet, there are at least three other fundamental reasons to expect the euro to remain strong in the back half of 2017 and beyond. Reason 1: European economic prospects have diverged from US economic prospects. In the chart below we plot the difference between the German and US new orders component of ...
Day trading stock picks likely to move big (up or down) during the week of July 5: CBI, WLL, HTZ, OAS, AKS, AMD, CLF, OCLR and few that are usually good day trading candidates: SPY, BAC, WFT, MOMO, ENDP. Chicago Bridge & Iron (CBI) Average day range (30) is 7.37% and average volume (30) is 8.1 million. Whiting Petroleum (WLL) Average day range (30) is 6.72% and average volume (30) is 23.9 million. Hertz Global Holdings (HTZ) Average day range (30) is 6.55% and average volume (30) is 8 million. Oasis Petroleum (OAS) Average day range (30) is 5.86% and average volume (30) is 10.4 million. AK Steel (AKS) Average day range (30) is 5.38% and ...
Nearly one year after rumors about its upcoming bankruptcy first emerged, overnight US-based denim retailer True Religion Apparel finally threw in the towel when it filed for bankruptcy protection, signing a pre-packaged restructuring agreement with most of its lenders. True Religion, a company whose denims Reuters says have “gradually fallen out of style”, filed for Chapter 11 creditor protection in the U.S. bankruptcy court in the District of Delaware (case Case 17-11463), and listed assets and liabilities in the range of $100 million to $500 million (see full filing below). According to the prepack agreement agreed upon by len...
Anika Therapeutics Inc. (ANIK) is an orthopedic medicines company and it employs its hyaluronic acid (HA) technology for developing various treatments. The company offers a good potential for medium to long term investment as it has a strong and diversified product pipeline. Apart from the pipeline, it also has robust drug portfolio with products such as Orthovisc, Monovisc and Cingal. While these products have been in the market for quite some time, the company is still expanding its market share and is likely to keep seeing accelerated growth rate. Anika’s lead drug candidates are HYALOFAST and ORTHOVISC-T. While Hyalofast is currently in...
Nike (NKE) may not offer the most impressive dividend yield, but it more than makes up for it, with high dividend growth. Nike has a current dividend yield of 1.2%, but if investors are patient, they can earn a high dividend yield with time. That is because Nike has increased its dividend for 15 years in a row. It is a Dividend Achiever, a group of stocks with 10+ years of consecutive dividend growth. You can see the entire list of all 264 Dividend Achievers by clicking here. Over the past 10 years, Nike has increased its dividend by approximately 15% per year, on average. At this rate, Nike’s dividend would effectively double every five y...