Daily Brief United States: Newmont , Amer Sports , Zoetis Inc, Crude Palm Oil Active Contract, Herbalife Ltd, E2open Parent Holdings Inc, ClimateRock, Callon Petroleum and more

• With over 80% of the review period complete, there could be 26 adds/deletes across the S&P/ASX family of indices in March.
• The largest flow will be on Newmont (NEM AU) due to the potential S&P/ASX 20 Index deletion and a large decrease in the number of shares held in Australia.
• There will be 1.2-38 days of ADV to buy in the inclusions while the impact on the deletions will range between 1-21 days of ADV.

• Amer Sports (AS US) plans to raise more than US$1bn in its US IPO. Proceeds will be used to pay down loans to Anta Sports Products (2020 HK) led consortium.
• Amer Sports is a sports and outdoor brands company making clothing and other sporting equipment for use in snow sports, running, climbing, baseball, american football, tennis and other sports.
• In this note, we talk about the not-so-positive aspects of the deal.

• Honestly, I’m stunned I’m writing this. I did my research on Zoetis during June, July and August, and my conclusion seemed, funnily, conclusive.
• My suspicion was that Zoetis was as close to being a truly durable company as possible.
• Even though the object of this article does not claim otherwise, it does indeed reveal something I completely overlooked. My conclusion was ultimately drawn from the following:

• Conditions in the Energy Industry Continue To Worsen The quarterly Dallas Fed Energy Survey highlighted that business uncertainty is worsening again.
• It seems like the past two quarterly reports were only outliers – the trend remains worsening business conditions for gas and oil companies.
• The conflict in the Red Sea started to impact shipping rates. But as we wrote over the past couple of weeks, it is not substantially higher

Key points (machine generated)

• Herbalife’s international business is seeing an increase in volume trends, which is expected to result in a return to top-line growth in the current quarter.
• Investors are mainly focused on the 20% of revenue generated from the US market, but there is significant growth potential in the other 80% of the company’s international operations.
• Despite the performance of the US market, Herbalife is projected to earn more than $3.00 per share this year and $4.00 per share next year.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)

• E2open provides a comprehensive supply chain management platform, offering solutions for planning, execution, and procurement, making it a major player in the industry.
• E2open has a large customer base and long average tenure, indicating the trust and reliability of their services.
• The vast amount of data gathered from partners enhances E2open’s AI/ML capabilities, allowing for more accurate analysis and forecasting, positioning the company well to meet ongoing demand for efficient supply chain management solutions.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• The last week was packed with activity from SPACs ranging from Deals to LOIs and Lawsuits.
• A SPAC will take a holding company public while a blank-cheque firm signs a letter of intent to take an AI-focused company public.
• Also, a SPAC filed a suit against an investment firm and fintech De-SPACs outperformed their IPO peers in Q4. Read on to find out the latest about all things SPACs.

• This is a special, one-time report Callon Petroleum, currently exploring a sale, which presents a nuanced investment opportunity with several critical factors to consider.
• The company has demonstrated consistent financial performance, notably its 14th consecutive quarter of adjusted free cash flow generation, which is being strategically used for debt reduction and share repurchases.
• This fiscal prudence, coupled with a clear focus on cost reduction and operational efficiency, positions Callon well in the competitive energy sector.