Favor Defensives as S&P 500 Tests 4165-4200; Buys in Consumer Staples & Europe/UK Telecomm
The $SPX is approaching the 4165-4200 area; we continue to believe this will cap upside in 2023. Considering limited upside, we continue to favor...
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CK Hutchison Doubling Down in Italy as VEON Exits at a Good Valuation
VEON (VEON US) announced a group restructuring that involved selling its 50% holding in Wind Tre (Wind) in Italy to CK Hutchison Holdings (1...
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VEON: The Wind Tre Refinancing Begins. Another Leg to the Recovery Story.
VEON (VEON US) is undertaking a number of initiatives to optimize its capital structure. We wrote about this in VEON, Refinancing a Further...
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VEON, Refinancing a Further Catalyst to a Rising Share Price
We see VEON (VEON US) as a major beneficiary of easing competition in Russian telecoms. But it is more than that with a number of catalysts...
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Russian Telco Results Confirm Market Recovery. Veon (Ex Vimpelcom) One of Our Top GEM Picks.
VEON (VEON US) (formerly Vimpelcom) was the first Russian focused telco to report 2Q numbers some time ago. We have now also seen MTS's (MBT...
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