CCCA Economic Dashboard: July 11, 2014

July 14, 2014 17:08 by Jill Mortensen in Dashboard, Economy, Natural Gas  //  Tags:   //   Comments (0)
Below please find the CC Capital Advisors dashboard as of July 11, 2014.  For a larger image, please click here. 

CCCA Economic Dashboard: July 4, 2014

July 7, 2014 17:36 by Jill Mortensen in Capital Markets, Economy, Natural Gas  //  Tags:   //   Comments (0)
Below is the CC Capital Advisors dashboard for July 4, 2014.  Please click HERE for a larger image. 

CCCA Economic Dashboard: June 13, 2014

June 17, 2014 10:16 by Jill Mortensen in Dashboard, Economy, Natural Gas  //  Tags:   //   Comments (0)
Attached is the CCCA economic dashboard as of June 13, 2014. [More]

CCCA Economic Dashboard: June 6, 2014

June 10, 2014 10:39 by Jill Mortensen in Capital Markets, Dashboard, Economy, Natural Gas  //  Tags:   //   Comments (0)
Attached is the CCCA economic dashboard as of June 6, 2014. [More]

CCCA Economic Dashboard: April 11th, 2014

Below is the CCCA economic dashboard as of April 11th, 2014. Click here to view a larger image.

CCCA Economic Dashboard: April 4th, 2014

Below is the CCCA economic dashboard as of April 4th, 2014. Click here to view a larger image.

CCCA Economic Dashboard: March 28th, 2014

Below is the CCCA economic dashboard as of March 28th, 2014. Click here to view a larger image.

Tech M&A Rises to 2000 Levels

As reported in the NYTimes DealBook, merger mania that gripped the world during the dot com bubble seems to be making a comeback. Fueled by Facebook's two big acquisitions, the dollar volume of tech deals is up 90 percent worldwide, to $65.2 billion, year over year, according to Thomson Reuters data. This is the highest it has been since the year 2000.  The ten biggest tech deals of the year all involve acquisitions of American companies, the biggest of which has been the purchase of WhatsApp for $19 billion. The WhatsApp acquisition is the fifth largest tech deal ever, according to Thomson Reuters. Technology is hot right now, and looks to be picking up steam. We've received more inquiries from technology companies this year than we typically do. Not everyone is excited about the tech boom, however. Castlight recently went public in an offering that defied traditional valuation metrics; the company's valuation soared to more than $3 billion on 2013 revenues of only $13 million. Yahoo! finance called it the worst IPO of the century. So, where does this leave the rest of the market? As with any bubble, everything is rosey until something pops. With the momentum tech has built so far this year, it wouldn't surprise us to see more large deals over the next 9 months of the year. However, if valuations continue to defy historical measurements and reality checks, watch out - the last time companies without profits were going public at incredible multiples (dot com bubble), the market correction was harsh and swift. Read the original article from NY Times DealBook here.

CCCA Economic Dashboard: March 21st, 2014

Below is the CCCA economic dashboard as of March 21st, 2014. Click here to view a larger image.

Nokia-Microsoft Deal Delayed

As reported by CNBC, Nokia has been forced to delay the completion of the sale of its phone business to Microsoft due to continued regulatory hurtles in Asia. Nokia stated that they expect the deal to close in April 2014, while previous guidance had stated an expected Q1 2014 close. In September 2013, Microsoft agreed to buy Nokia's phone business for $7.2 billion. However, after six months the deal has not closed, fueling concerns about whether the merger will ever come to fruition. Analysts believe the group may be forced to offer further concessions to Asian regulatory authorities, despite receiving approvals from both the European Commision and US Dept of Justice. Most likely, given the clout of these two companies, the deal will be pushed through and necessary changes made to satisfy all regulatory requirements. Read the entire article here.

Past Posts