Author: Fatehbir Singh Sohu
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Pfizer Wins the Battle for Metsera: A $10 Billion Move to Reclaim Growth
The US pharmaceutical giant, Pfizer, has officially subjugated a fierce bidding war against Danish pharmaceutical rival Novo Nordisk for the acquisition of Metsera Inc., a biotech company spearheading the obesity treatment industry with its next-generation weight loss drugs, for a staggering amount of approximately $10 billion (USD) (Reuters). This move not only delineates Pfizer’s fervent medical…
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Hudson’s Bay: A Retail Giant on the Brink
Hudson’s Bay Company (HBC), with a 355-year legacy and once a dominant force in Canadian retail, now faces over $1.1 billion in debt, a 30% decline in sales, and possible liquidation of 80 stores. What went wrong, and what lessons can be learned? Key Financial Missteps:1. Debt Overload & Liquidity Crunch – Excessive leverage without…
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⚖️ Deadweight Loss – A Resultant of Trade Tariffs
𝗗𝗲𝗮𝗱𝘄𝗲𝗶𝗴𝗵𝘁 𝗟𝗼𝘀𝘀 𝗮𝗻𝗱 𝗜𝘁𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗜𝗺𝗽𝗮𝗰𝘁 – 𝗥𝗲𝘀𝘂𝗹𝘁𝗮𝗻𝘁 𝗼𝗳 𝗧𝗿𝗮𝗱𝗲 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 Tariffs do not just shift wealth; they create a net economic loss (i.e. Deadweight Loss) because the reduction in trade leads to lost opportunities, inefficient resource allocation, and higher costs. Deadweight Loss (DWL) refers to the economic inefficiency that arises when market equilibrium is…
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10 Essential Risk-Adjusted Performance Measures
When evaluating a portfolio’s performance, it’s not just about the returns—it’s about how much risk was taken to achieve them. That’s where risk-adjusted performance measures come in. These metrics help investors and portfolio managers understand whether the returns justify the risks involved. Here are 10 essential risk-adjusted performance measures you should be familiar with:1. Sharpe…
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Navigating the impact of U.S. Tariffs on the Canadian Economy
Recent developments have seen the U.S. administration propose significant tariffs on Canadian imports, citing concerns over border security and drug trafficking. While some view these tariffs as a strategic bargaining tool, their potential implications for the Canadian economy are profound and multifaceted. 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:• Economic Growth at Risk: Analyses suggest that sustained tariffs could eliminate…
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Altman Z-Score plus
𝗛𝗼𝘄 𝗔𝘀𝘀𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗨𝘀𝗲 𝘁𝗵𝗲 𝗔𝗹𝘁𝗺𝗮𝗻 𝗭-𝗦𝗰𝗼𝗿𝗲 𝗽𝗹𝘂𝘀 𝘁𝗼 𝗣𝗿𝗲𝗱𝗶𝗰𝘁 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗗𝗶𝘀𝘁𝗿𝗲𝘀𝘀? One of the most effective tools for assessing corporate bankruptcy risk is the Altman Z-Score. Developed by Edward Altman in 1968, this financial metric helps investors and lenders gauge a company’s financial health by analyzing liquidity, profitability, leverage, and efficiency. Z-Score for Public…
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Understanding Behavioural Finance and the Momentum Effect
Why do markets sometimes behave irrationally, even in today’s data-driven systems? The momentum effect—where rising asset prices tend to rise further and falling prices continue to drop—remains one of the most significant market anomalies. First identified by Jegadeesh and Titman (1993) in their seminal 1993 paper titled “Returns to Buying Winners and Selling Losers: Implications for Stock…
Fatehbir Singh Sohu 