Bayer's inertia will make mounting problems worse [Reuters]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: Reuters
LONDON, March 5 (Reuters Breakingviews) - Is Bill Anderson displaying appropriate caution, or mindless inertia? Bayer's (BAYGn.DE) , opens new tab CEO on Tuesday backed away , opens new tab from a plan to break up the business, denying shareholders a speedy fix for the 27 billion euro ($30 billion) group's debt pile and its spiralling U.S. litigation costs. On balance, he's taking the riskier option. One can see why Anderson might favour the status quo. Although investors like activist Jeff Ubben have been pushing to break up Bayer via a sale of the consumer unit which makes Claritin hay fever medicine, that might also crystalise a capital gains charge. JPMorgan analysts reckon the net present value of the unit's cashflows is 21 billion euros, but also think the same unit might only fetch 12 billion euros if valued in line with the multiples of peers like Reckitt Benckiser (RKT.L) , opens new tab , plus a discount to reflect lower margins. Anderson may also be comfortable with th
Show less
Read more
Impact Snapshot
Event Time:
HLN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HLN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HLN alerts
High impacting Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
HLN
News
- Haleon's first-quarter revenue misses expectations [Reuters]Reuters
- Haleon to Shut UK Factory and Move Toothpaste-Making to Slovakia [BNN Bloomberg (Canada)]BNN Bloomberg
- Sensodyne-maker Haleon to shut UK manufacturing site, with more than 400 jobs hit [Reuters]Reuters
- Why many top CFOs faced with cost cutting choose to lead by example: ‘It usually starts at home' [Fortune]Fortune
- Haleon names Dawn Allen as CFO [Reuters]Reuters
HLN
Sec Filings
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- HLN's page on the SEC website