Description: Standard & Poorâ€™s, Moodyâ€™s Corp. and Fitch Inc. were sued by Ohio Attorney General Richard Cordray, who said the three companies disregarded their responsibility to provide â€œaccurate credit ratings of investments.â€ Source: Bloomberg.com Date: 11/20/2009 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aSfRXwQ.8m5Q Questions for discussion: Summarize the arguments for and against the defendants in this case? Do you agree… Read more »
Posts By: Brahm Canzer
Description:Â By acquiring upstart AdMob, Google improves its position while admitting flaws in its original approach to mobile ads. Embedded video from CNNMoney.com Video Source: CNNMoney â€“ video report Â Date: 11/10/2009 Link: http://money.cnn.com/video/technology/2009/11/10/tm_google_ad_mov.fortune/ Questions for discussion:Â Do you believe this acquisition by Google isÂ a good deal, financially speaking? Explain your thinking? What are the… Read more »
Description: How emails played a role in Intel’s $1.25 billion settlement with AMD nine days after they were made public. Source: CNNMoney.com Date: 11/13/2009 Link:Â http://money.cnn.com/2009/11/13/technology/intel_settlement_emails.fortune/index.htm Questions for discussion: Summarize the basis of the AMDâ€™s lawsuit against Intel. Do you believe Intel is financially better off because of the settlement with AMD? Explain your thinking.
Description: U.S. regulators are looking hard at banks’ expected future tax benefits and the result for some financial institutions could be more writedowns. Source: Reuters.com Date: 11/13/2009 Link: http://www.reuters.com/article/ousivMolt/idUSTRE5AC5MW20091113 Questions for discussion: Summarize the reasons for bank writedowns. HowÂ would these banksÂ be expected to be affected financially?
Description: Federal Deposit Insurance Corp. Chairman Sheila Bair said using the Troubled Asset Relief Program to pump capital into banks was â€œnot a good ideaâ€ and helped erode confidence in the regulatory system. Source: Bloomberg.com Date: 11/14/2009 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=ajKGz8NRQipM Questions for discussion:Â Do you agree with the concerns expressed by Sheila Bair? What alternatives exist… Read more »
Description:Â A perspective on the markets, with Bob Prechter, Elliott Wave International Founder & CEO and CNBC’s Maria Bartiromo. Source: CNBC â€“ video report Â Date: 11/04/2009 Link: http://www.cnbc.com/id/15840232?video=1319011626&play=1 Questions for discussion:Â Â How do you think a dramatic change in stock market value suggested by Prechter would affect future financial planning in businesses? Explain your… Read more »
Description: Stock splits don’t change the value of a company. But a lower share price for Warren Buffett’s firm (and other triple-digit stocks) could attract more investors. Source: CNNMoney.com Date: 11/06/2009 Link:Â http://money.cnn.com/2009/11/06/markets/thebuzz/index.htm?postversion=2009110616 Questions for discussion: What are the reasons offered for creating stock splits?Â What do you think motivated the decision to create a… Read more »
Description: Johnson & Johnson plans to cut up to 7 percent of its workforce in order to generate cost savings needed to finance increasingly costly drug research and to weather future challenges, the diversified healthcare company said on Tuesday. Source: Reuters.com Date: 11/03/2009 Link: http://www.reuters.com/article/newsOne/idUSTRE5A229D20091103 Questions for discussion: Summarize the reasons for the cost cutting… Read more »
Description: Stanley Works agreed to purchase Black & Decker Corp. yesterday for $3.5 billion in stock after on-and-off talks that spanned almost three decades. Source: Bloomberg.com Date: 11/03/2009 Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ai7WJ.67rcVE Questions for discussion:Â Summarize the financial reasons that motivate this merger. Why do you think a merger was agreed to at this time, after so… Read more »
Description:Â Fortune’s Andy Serwer says that third-quarter economic growth was fueled mostly by government dollars. Source: CNNMoney â€“ video report Â Date: 10/30/2009 Link: http://money.cnn.com/video/fortune/2009/10/30/f_sl_recovery_illusion.fortune/ Questions for discussion:Â Summarize the arguments presented for economic optimism as well as pessimism. Are you optimistic or pessimistic about the current situation? How do you think financial managers view… Read more »