Description: CEO Ethan Bloch explains Source: Fortune.com – video report Date: Oct 13, 2016 Link: http://for.tn/2ecr0cu Questions for Discussions: How does Digit work? What sort of customer is this company looking for?
Monthly Archives: October 2016
The stock market is turning into a sloppy, ugly mess—and it could get worse
Description: Dow industrials on pace for longest streak of monthly losses in 5 years. Here are some of the reasons behind the slide Source: MarketWatch.com Date: Oct 14, 2016 Link: http://www.marketwatch.com/story/the-stock-market-is-turning-into-a-sloppy-ugly-mess-and-it-could-get-worse-2016-10-13 Questions for Discussions: What does the article say about trends and reasons for concern? What would you advise investors do at this time?
Amazon short interest hits historical high of $5.3 billion after its recent record rally
Description: Amazon.com shares have been on an unstoppable run since the beginning of 2015, surging by 170 percent and adding almost $250 billion to the company’s stock market value. Source: CNBC.com Date: Oct 14, 2016 Link: http://www.cnbc.com/2016/10/14/amazon-short-interest-hits-historical-high-of-5-billion-after-its-recent-record-rally.html Questions for Discussions: Summarize the history of short selling interest in Amazon. Why is there such high expectation… Read more »
Opinion: Wall Street rediscovers shame as Wells Fargo CEO Stumpf resigns
Description: Other people in jobs like his should think twice about cheating Source: MarketWatch.com Date: Oct 14, 2016 Link: http://www.marketwatch.com/story/wall-street-rediscovers-shame-as-wells-fargo-ceo-stumpf-resigns-2016-10-14 Questions for discussion: Do you think Wall Street has learned anything by this event and the retirement of CEO Stumpf? If so, what has been learned?
Analyst Dick Bove: Tim Sloan isn’t ‘the right guy’ to lead Wells Fargo
Description: Tim Sloan is the wrong man to fix the broken corporate culture at Wells Fargo, according to banking analyst Dick Bove. Source: CNBC.com – video report Date: Oct 14, 2016 Link: http://www.cnbc.com/2016/10/14/analyst-dick-bove-tim-sloan-is-not-the-right-guy-to-lead-wells-fargo.html Questions for discussion: Why has Dick Sloan called for a different CEO of the bank? Do you think the culture at the… Read more »
The U.K.’s Biggest Craft Beer Brewery is Coming to the U.S.
Description: And you can own a piece of it Source: Fortune.com – video report Date: Oct 07, 2016 Link: http://for.tn/2dXIBot Questions for Discussions: What do you think of the idea of selling shares to finance this business? What benefits accrue to the company, investors, and to the customers?
Snapchat Prepares for $25 Billion IPO
Description: Snap Inc., the parent of Snapchat, is working on an IPO that could value the virtual-messaging company at $25 billion or more. Source: WSJ.com – video report Date: Oct 07, 2016 Link: http://www.wsj.com/video/snapchat-prepares-for-25-billion-ipo/7F358FF3-8AAF-4297-A5B3-5517AB6A3F41.html Questions for Discussions: What do you think of the financials presented in this report? Would you consider investing in the company?
Opinion: Veteran dividend stock fund manager says it’s time to be very careful
Description: Don’t commit cash you might need to use within the next five years, says John Carey of Pioneer Investments Source: MarketWatch.com Date: Oct 08, 2016 Link: http://www.marketwatch.com/story/veteran-dividend-stock-fund-manager-says-its-time-to-be-very-careful-2016-10-06 Questions for Discussions: Summarize the advice and arguments made in this report. Do you agree with the assessments?
Mylan to Settle EpiPen Overpricing Case for $465 Million
Description: Mylan, the maker of the allergy treatment EpiPen, said Friday that it had reached a $465 million settlement with the Justice Department and other government agencies over questions on whether the company had overcharged Medicaid for the treatment by improperly classifying it as a generic drug. Source: NYTimes.com Date: Oct 08, 2016 Link: http://www.nytimes.com/2016/10/08/business/epipen-mylan-justice-department-settlement.html?ref=business&_r=0… Read more »
Winter jacket maker Canada Goose prepares for IPO: sources
Description: Canada Goose Inc, a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at as much as $2 billion, sources familiar with the matter said on Friday. Source: FinancialPost.com Date: Oct 07, 2016 Link: http://business.financialpost.com/news/economy/winter-jacket-maker-canada-goose-prepares-for-ipo-sources Questions for discussion: What would… Read more »
