WSJ: The Edge sees value in Hewlett-Packard as it Officially Files to Split, chasing Amazon and Apple

WSJ: The Edge sees value in Hewlett-Packard as it Officially Files to Split, chasing Amazon and Apple By Robert McMillan, Staff Writer, WSJ / Wall Street Journal: Hewlett-Packard CEO Meg Whitman’s decision to divide in two arose from the company’s struggles through much of the past decade with declining revenue, corporate scandals and management changes. H-P stood on the sidelines as companies such as Amazon.com Inc. and Apple Inc. created compelling cloud computing, smartphone and tablet businesses. In the end, H-P’s size worked against it, Ms. Whitman said in an interview last week. “We needed to be smaller, more nimble, we needed to be more focused,” she...

WSJ: BHP Models Leaner Look for Mining …Benchmark For Future Spinoffs?

WSJ: BHP Models Leaner Look for Mining …Benchmark For Future Spinoffs? By Rhiannon Hoyle, Staff Writer, WSJ: Shareholders in the world’s biggest mining company, BHP Billiton, could set a tone for the industry this week when they vote on whether to support a plan to make the company smaller. “This is going to set the benchmark for future spinoffs,” said Jim Osman, chief executive of The Edge Consulting Group, which specializes in research on corporate breakups. It is setting up a company, South32, to house unwanted operations including coal mines and alumina refineries. In the process, it would halve the number of assets it runs and...

Offshore rig and tanker IPOs face choppy waters, sinking oil prices, The Edge exposes situation

Offshore rig and tanker IPOs face choppy waters, sinking oil prices, The Edge exposes situation By Marlene Givant Star and Sam Weisberg, with analytics by Greg Falkowski and Nikhil Jog. A mix of short-term benefits and long-term headwinds are making for an uncertain IPO environment for tankers and rigs, said three sector bankers. Falling oil prices are benefitting shipping companies in the near term by reducing bunker fuel costs, which constitute 20% to 30% of the total operational cost. This results in better margins and enables the shipping companies to pay down their debt, said Jim Osman, CEO of research firm The Edge. But over the longer term, lower...

Signs point to New York Stock Exchange going up for sale, The Edge discusses analysis of NYSE’s future

Signs point to New York Stock Exchange going up for sale, The Edge discusses analysis of NYSE’s future By John Aidan Byrne, Senior Staff Writer, New York Post The New York Stock Exchange is back in play — and it may be sold lock, “stock” and building as soon as next year, The Post has learned. Big Board owner Intercontinental Exchange (ICE) is laying the groundwork. The latest all-out drive to make it more profitable, powered by better and faster technology — and a regulatory overhaul to regain market share — is pure window dressing, according to analysts and knowledgeable exchange watchers. This window-dressing could presage the once unthinkable: the closure of...