Dubai not a canary but another miner needing oxygen

Posted by & filed under Uncategorized.

Description: Taken all in all, Dubai’s debt crisis is the most significant financial development of 2007. Here in late 2009 it amounts to far less. Source: Reuters.com Date: 12/01/2009 Link:  http://www.reuters.com/article/idUSN3058513220091201 Questions for discussion: Summarize the opinions presented in this article. Do you agree with these views? Explain your thinking.

European Banks Growing Bigger ‘Sowing the Seeds’ of Next Crisis

Posted by & filed under Uncategorized.

Description: European banks are emerging from the credit crisis bigger than before, posing more risk to their national economies. Source: Bloomberg.com Date: 12/02/2009 Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRDrzOAWRekc Questions for discussion: Summarize the arguments given for concern? Do you share those concerns? Explain your answer. Should the banks be regulated more? Explain your thinking.

Macy’s CEO: ‘It’s getting better’

Posted by & filed under Uncategorized.

Description:  President and CEO Terry Lundgren says sales are slowly increasing as the department store chain trims excess inventory. Embedded video from CNNMoney.com Video Source: CNNMoney – video report   Date: 11/27/2009 Link: http://money.cnn.com/video/news/2009/11/27/n_macyceo_quest.cnnmoney/ Questions for discussion:  Summarize the reasons for expected financial improvements over last year? Do you share these beliefs? Explain your thinking…. Read more »

Dubai’s threat to U.S. banks

Posted by & filed under Uncategorized.

Description: Although there’s little direct exposure to Dubai World’s default risk, U.S. financial institutions could take major indirect hits. Source: CNNMoney.com Date: 11/27/2009 Link:  http://money.cnn.com/2009/11/27/news/companies/Dubai_bank_risks/index.htm Questions for discussion: Summarize the reasons for concern about how this problem might affect U.S. banks. Do you believe this concern is justified? Explain your thinking. What would justify the… Read more »

EU pressured to tighten new rules for hedge funds

Posted by & filed under Uncategorized.

Description: An influential European parliamentarian is calling for borrowing caps on hedge funds in a report to lawmakers that could lead to a tough new regime for the secretive industry. Source: Reuters.com Date: 11/25/2009 Link: http://www.reuters.com/article/hedgeFundsNews/idUSLNE5AO00O20091125 Questions for discussion: Summarize the arguments given for regulating hedge fund managers? What might the consequences be for hedge… Read more »

Hewlett-Packard Fourth-Quarter PC Sales Top Estimates

Posted by & filed under Uncategorized.

Description: Hewlett-Packard Co. reported personal-computer sales that topped some analysts’ estimates after the company took market share from Dell Inc. and benefited from surging demand in China. Source: Bloomberg.com Date: 11/23/2009 Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a71EClbbvM6I Questions for discussion:  Summarize HP’s financial improvements and Dell’s decline. Explain the reasons for these results. What do these results say about… Read more »

Enduring TARP woes

Posted by & filed under Uncategorized.

Description:  Elizabeth Warren, chairwoman of the TARP oversight committee, shares her two biggest worries looking forward. Source: CNNMoney – video report   Date: 11/20/2009 Link: http://money.cnn.com/video/news/2009/11/20/n_la_warren_tarp_concerns.cnnmoney Questions for discussion:  Summarize the concerns expressed in this interview. Do you share in these concerns? Explain your thinking.

Small business loans: $10 billion evaporates

Posted by & filed under Uncategorized.

Description: Reports to the Treasury confirm what small business owners have known all year: Banks are cutting back on Main Street lending. Eight months after President Obama began prodding the nation’s banks to increase their small business lending, the loan numbers continue to move in the opposite direction. Source: CNNMoney.com Date: 11/17/2009 Link:  http://money.cnn.com/2009/11/16/smallbusiness/small_business_loans_evaporate/index.htm Questions… Read more »

Ferrero, Hershey mull Cadbury bid, Kraft seen No.1

Posted by & filed under Uncategorized.

Description: Italy’s Ferrero and U.S.-based Hershey Co are considering a bid for chocolatier Cadbury Plc (CBRY.L), but Kraft Foods Inc (KFT.N) is still seen as the front-runner with its $16.8 billion hostile offer. Source: Reuters.com Date: 11/18/2009 Link: http://www.reuters.com/article/ousivMolt/idUSTRE5AH14V20091119 Questions for discussion: Summarize the financial reasons favouring the acquisition of Cadbury by Ferrero and by… Read more »