Cadbury Chairman Rejects ‘Low-Growth’ Kraft’s Offer

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Description: — Cadbury Plc, the world’s second- biggest confectionery company, said an unsolicited takeover offer from Kraft Foods Inc. is an “unappealing prospect” due to its rival’s business model and “lower growth” prospects. Source: Bloomberg.com Date: 9/12/2009 Keys: Mergers and acquisitions, stock market Link:  http://www.bloomberg.com/apps/news?pid=20601103&sid=a1pWbUXjfhaU Questions for discussion: Comment on the valuation offered by Kraft?… Read more »

Motorola shares jump on hopes for Google phone

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Description: Motorola Inc shares rose 6.5 percent on Friday on hopes the company could turn around its loss-making handset business with the new cellphone it developed with Google Inc. Source: Reuters.com Date: 9/11/2009 Keys: Marketing, stock market, finance, technology Link:  http://www.reuters.com/article/technologyNews/idUSTRE5884AQ20090911 Questions for discussion: Do you think Cliq will find a share of the smart… Read more »

Atlanta Fed sees turnaround

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Description:  Executives, policy makers & educators at Emory’s School of Business opine on the state of the recovery in a NYSE panel. Source: CNNMoney – video report   Date: 9/04/2009 Keys: Economy, consumer spending Link: http://money.cnn.com/video/news/2009/09/04/n_emory_fed_home_depot.cnnmoney/ Questions for discussion:  Summarize the comments made about the state of the economy. What is your own view of… Read more »

New owners plan to supercharge Skype

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Description: All you 480 million Skype users out there should be rejoicing today, now that the Internet calling and video service has been freed from the clutches of eBay. As was announced this morning, eBay is selling a 65% stake in Skype for $1.9 billion in cash to a group of private equity shops and… Read more »

SEC May Send Staff to ‘Fraud College’ to Detect Future Madoffs

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Description: The Securities and Exchange Commission may create a “fraud college” to train staff in detecting market abuses after the agency failed to stop Bernard Madoff’s $65 billion Ponzi scheme, Chairman Mary Schapiro said. Source: Bloomberg.com Date: 9/03/2009 Keys: SEC, stock market, fraud Link:  http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO6As7nsq.wo Questions for discussion: Do you think this effort will help… Read more »

Dainippon to buy US drug firm Sepracor for $2.6 bln.

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Description:   Dainippon Sumitomo Pharma Co Ltd (4506.T) agreed on Thursday to buy U.S. drugmaker Sepracor Inc (SEPR.O) for $2.6 billion, giving the Japanese firm a big, local sales force in the world’s largest drugs market. The deal is the latest in a string of overseas acquisitions by Japanese drugmakers keen to grow outside a mature… Read more »

Deficit in critical condition

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Former US Comptroller David Walker says the cost of health care reform will increase the long-term deficit. Source: CNNMoney – video report   Date: 8/26/2009 Keys: Economy, taxes, business expenses, HR Link: http://money.cnn.com/video/news/2009/08/26/n_walker_deficit.cnnmoney/ Questions for discussion:  Summarize the comments made about the state of the economy and taxation. How might a national health tax and… Read more »

AIG stock up 264% in August

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AIG’s stock closed at $47.84 on Thursday. At the start of the month, shares were trading at a mere $13.14. What’s going on here? Source: CNNMoney.com Date: 8/27/2009 Keys: Banking, economy, investing Link:  http://money.cnn.com/2009/08/27/news/companies/aig_stock/index.htm?postversion=2009082716 Questions for discussion: Summarize the reasons given for the remarkable rise is AIG’s stock market value? What do you think of… Read more »

Consumer spending up, but morale at 4-month low

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Worries over high unemployment pushed U.S. consumer confidence to a four-month low in August, while spending rose modestly in July, indicating the economy’s recovery from recession would be lethargic. Source: Bloomberg. com Date: 8/28/2009 Keys: Economy, inventory planning Link: http://www.reuters.com/article/ousiv/idUSN2835824120090828 Questions for discussion: As a corporate finance manager planning inventories and projected cash flows for… Read more »