CLL is diagnosed in roughly 15,700 persons annually in the United States. https://www.lls.org/sites/default/files/file_assets/facts.pdf GILD has announced that the success rate of their drug Zydelig has been so successful that the study data resulted in an unbinding of the placebo control…

The denouement of a sectoral investment trend is characteristically well telegraphed. A cable transmission is received. Typically terse, it notes either the demise of, or the malfeasance by, a much admired and widely held company and is generally read in…

A transaction to purchase Visa Europe, mentioned some months ago on this site, looks to be in the latter stages of negotiation. A successful conclusion may be announced as early as the date of the quarterly results. http://finance.yahoo.com/news/european-banks-set-windfall-visa-160050401.html As indicated…

PBF ENERGY INC. has been added to the Global Portfolio. Shares Outstanding 86 million. Enterprise Value of $3.63 billion. EBITDA forecast for 2015: 850 million 2015 forecast EV/EBITDA ratio: 4.4X. Proforma Shares Outstanding : 96 million. Enterprise Value: 4.70 billion…

PBF Energy Inc. is a pure play on refining in the United States. Two recent acquisitions, one of which is to be funded with a smallish equity component, have been announced in the last three months. The terms of both…