Description: MONTREAL — Just when it seemed Valeant Pharmaceuticals Inc. was in the clear after being called out by U.S. politicians during a recent drug-pricing controversy, the Laval, Que.-based company is once again in the hot seat as it faces subpoenas from two federal prosecutors. Source: FinancialPost.com Date: Oct 16, 2015 Link: http://business.financialpost.com/investing/global-investor/valeant-pharmaceuticals-international-inc-face-fresh-scrutiny-with-u-s-subpoenas-on-drug-prices Questions for Discussions: What is… Read more »
Monthly Archives: October 2015
Here’s what you need to know about the TPP
Description: The Trans-Pacific Partnership is a trade agreement that’s been in the works for years. Critics say it will ship more jobs overseas, while its supporters say the deal will be good for American workers. Source: CNNMoney.com – video report Date: Oct 05, 2015 Link: http://money.cnn.com/video/news/2015/10/05/trans-pacific-partnership-tpp-trade-deal.cnnmoney/ Questions for Discussions: What are the reasons for supporting… Read more »
Sex, Betrayal and Bond Traders: The Fall of American Apparel
Description: Sex, money, betrayal: The bizarre brawl between American Apparel Inc. and its founder, Dov Charney, has all that and more. But now this tabloid tale is coming down to a seemingly staid bit of finance: the bonds. Source: Bloomberg.com – video report Date: Oct 05, 2015 Link: http://www.bloomberg.com/news/articles/2015-10-05/sex-betrayal-and-bond-traders-the-fall-of-american-apparel Questions for Discussions: What caused the… Read more »
SABMiller may have rejected a merger offer worth 12 figures
Description: Anheuser-Busch InBev’s $100 billion takeover offer wasn’t good enough for SABMiller, insiders say. Source: Fortune.com – video report Date: Oct 06, 2015 Link: http://for.tn/1VBOdqR Questions for Discussions: Summarize the financial issues related to proposed merger that were presented in this report. Do you think a deal will eventually be made and if so, at… Read more »
DuPont CEO Ellen Kullman steps down
Description: DuPont has been under activist pressure in the recent months but Kullen reportedly wasn’t forced out of her position. Source: Fortune.com – video report Date: Oct 06, 2015 Link: http://for.tn/1PgzgFO Questions for discussion: Can a CEO avoid responsibility for “disappointing “ financial performance? What is the role of the board of directors in situations… Read more »
Why October Is the Worst Month for Investors
Description: Here’s some advice for investors hoping for some calm after the recent stock market volatility: “Expect the unexpected, and get yourself used to bigger swings,” says Julian Emanuel, executive director of U.S. equity and derivatives strategy at UBS. “Even though the market has a positive bias and we’re looking for a fourth-quarter rally, it’s… Read more »
Can the Dow avoid its worst year since the financial crisis?
Description: Goldman Sachs predicts markets will end 2015 down 3%. Source: Fortune.com – video report Date: Oct 02, 2015 Link: http://for.tn/1VsXbGM Questions for Discussions: What do these commentators have to say about the stock market at this time? Do you agree with their assessments and advice?
Why Investors Should Be Bullish on Biotech
Description: Fundstrat Global Advisors research head Tom Lee discusses why investors should buy biotech with Bloomberg’s Joe Weisenthal and Alix Steel on “What’d You Miss?” (Source: Bloomberg) Source: Bloomberg.com – video report Date: Oct 02, 2015 Link: http://bloom.bg/1iS5JWb Questions for Discussions: What are the arguments presented by Tom Lee in this report favoring Biotech stocks?… Read more »
Why America’s Oil Output Refuses to Collapse
Description: Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment. Source: Bloomberg.com – video report Date: Oct 01, 2015 Link: http://www.bloomberg.com/news/articles/2015-09-30/america-s-oil-output-refuses-to-collapse-here-s-one-reason-why-#r=read Questions for Discussions: How have oil companies reacted to collapsing oil and sand prices? How does… Read more »
Fears of a Chinese ‘hard landing’ trigger mass exodus from emerging markets
Description: Investors are pulling their money out of emerging markets in the biggest net outflow of capital since 1988 Source: TheTelegraph.co.uk Date: Sep 25, 2015 Link: http://www.telegraph.co.uk/finance/economics/11904423/Fears-of-a-Chinese-hard-landing-trigger-mass-exodus-from-emerging-markets.html Questions for discussion: Explain the impact of a flight of capital on emerging market economies and on others in the world. How should investors respond to current conditions?