Yearly Archives: 2017

Grupo Aeroportuario Del Sureste (ASR-NYSE, $182.18) Announces Highly Accretive Columbian Airport Concessions. Price Target Increased by $30 per Share.

Based upon the cash of $262 million US, the price target for ASUR has now been increased to $250 per share, for the full year following the completed acquisition of the Columbian Airport concessions. The concessions served a total of

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Global Large Cap Model Portfolio Return of 6.3% for the Quarter Ended 03/31/2017.

The large cap global growth portfolio ended the quarter with a share value of $159.24 US. At the end of December, 2016, the portfolio was valued at $149.76 per share. This represents a return of 6.3%, net of fees and

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Grupo Aeroportuario Del Sureste (ASR-NYSE, $175.80): Terminal 4 on Track for 2017 Opening.

When completed, the new terminal 4 will be capable of handling an additional 9 million passengers per annum, bringing the total annual capacity of the Cancun International Airport to over 30 million persons per annum. Significant new retail space will

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Pharmacy Benefit Managers (PBM) Opacity About to be Uncloaked.

This author has, for several years, questioned the pharmaceutical sector pricing model, given the enormous power wielded by pharmacy benefit management companies Should a new piece of legislation be passed as proposed, the sector may be revealed as being less

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Aetna (AET-NYSE, $131.61). Secular Expansion Opportunities “Post-ObamaCare”

Aetna is being added to the global large cap model portfolio. The failed Humana merger will result in a one-time writedown of the M&A expenses. However, AET lined up over $12 billion of low cost funding, via a bond issue.

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