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North America

Mark Gray

Managing Director - US/Americas Corporate Finance

Tom Marshella
Managing Director - US/Americas Corporate Finance

Latin America

Susan Knapp
Managing Director - Regional Head Americas


Myriam Durand
Managing Director- EMEA Corporate Finance

Asia Pacific

Brian Cahill
Managing Director - Asia Pacific Corporates/Financial Institutions


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Research and analysis on public companies and their debt instruments.



  • 7 Oct 2015
    • North American E&P companies to see liquidity strained as borrowing bases fall on low oil prices
      We expect many E&P companies’ borrowing bases will decline as banks reduce their price assumptions for oil and gas prices. Some companies will have to seek alternate funding sources, boost margins or limit capital spending. Higher reserve volumes may not offset the lower price decks because producers have already cut back spending this year to conserve liquidity and stay within their cash flow… Press Release l Full Report
  • 6 Oct 2015
    • Spotlight on US drug prices poses limited risk to pharmaceutical industry earnings for now
      Recent media and political scrutiny of US drug pricing will have only a minimal impact on the fundamental operating performance of the global pharmaceutical industry over the next 12-18 months. We see limited potential for any rapid drop in overall drug pricing levels or their upward trend. US drug price increases have been strong and will likely continue... Press Release l Full Report
  • 5 Oct 2015
    • US apparel and footwear industry outlook drops to stable as strong dollar squeezes earnings
      While foreign-exchange hedges established this year will partially protect margins for the apparel and footwear industry, the strong US dollar will continue to lower the industry’s gross profits in 2015. The strong dollar has discouraged spending by tourists to the US, affecting sales at brands such as Ralph Lauren and Calvin Klein, and ultimately dragging on apparel sales... Press Release l Full Report
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