Description: Cobbling a bunch of zombie banks together has created a monster that the Spanish government cannot afford to kill. More consolidation isn’t the answer. Source: Fortune.com Date: May 31, 2012 Link: http://finance.fortune.cnn.com/2012/05/31/spain-bank-failures/?iid=SF_F_River Questions for Discussions: What are the arguments presented? How would this scenario play out in terms of the Euro and European stock… Read more »
Posts By: Brahm Canzer
Europe’s Crisis Spotlight Shifts to Spain
Description: As Greece prepares for a June 17 election that may determine whether it exits the euro, the attention has shifted to Spain, where the problems are different—and much larger. Greece’s troubles stem from excessive government borrowing; Spain suffers from a property bust and its banks remain crippled by an estimated €184 billion ($230 billion)… Read more »
GM plant closing in Oshawa ‘absolutely sickening’
Description: Employment at General Motors of Canada Ltd., once the biggest employer by far in the auto sector in Canada with more than 40,000 workers, will fall to about one-fifth that number by next June when it ceases production on one of two assembly lines at its Oshawa, Ont., plant. Source: GlobeandMail.com Date: June 01,… Read more »
El-Erian: ‘A Greek exit is inevitable’
Description: PIMCO’s Mohamed El-Erian says a snowballing run on Greek banks is making the nation’s exit from the eurozone inevitable. Source: CNNMoney.com – video report Date: May 25, 2012 Link: http://money.cnn.com/video/news/2012/05/25/n-el-erian-greek-exit.cnnmoney/ Questions for Discussion: Summarize the opinions presented by El-Erian. Do you agree with his analysis? What trading recommendations would be in order if an… Read more »
Short-Sellers Find Friends in Banks
Description: As Facebook’s underwriters were frantically trying to shore up Facebook’s share price following the company’s IPO, managers at the same firms were helping short-sellers bet that the newly minted stock would fall. Jonathan Cheng has details on digits. Source: Marketwatch.com – video report Date: May 25, 2012 Link: http://www.marketwatch.com/video/asset/short-sellers-find-friends-in-banks/7960CBE8-4D5A-49EF-9739-A678CB652384 Questions for Discussion: Summarize the… Read more »
Facebook’s stock should trade for $13.80
Description: Commentary: Here’s a fair-price calculation for Facebook Source: Marketwatch.com Date: May 25, 2012 Link: http://www.marketwatch.com/story/facebooks-stock-should-trade-for-1380-2012-05-25 Questions for Discussions: What is the basis for the calculations? Do you think the approach is sound? What do you think Facebook is worth?
Facebook IPO Seen Deepening Investor Distrust Of Stocks
Description: Facebook Inc. (FB)’s initial public offering, plagued by trading errors and a 16 percent drop in the share price, will push more individual investors out of a stock market they already distrust after the financial crisis. Source: Bloomberg.com Date: May 26, 2012 Link: http://www.bloomberg.com/news/2012-05-25/facebook-ipo-fallout-deepens-investor-distrust-of-stocks.html Questions for Discussions: What does this report say about investors’… Read more »
Kvetch in May: Why Market Timing Isn’t Everything
Description: All hail Memorial Day weekend. In the tradition of my Miami childhood, ‘tis the season to don Crockett & Tubbs white pants and flaunt the right to bare arms. Hedgies and traders clad in Sperry Docksiders bolt Gotham for the leafy, saltwater-sprayed indolence of the Hamptons. The market’s volume dips to a trickle. Source:… Read more »
Our journey buying into Facebook’s IPO
Description: As trading volumes spiked to 567 million shares, CNNMoney tried to get in on the action. Source: CNNMoney.com – video report Date: May 18, 2012 Link: http://money.cnn.com/video/news/2012/05/18/n-cnnmoney-buys-facebook-shares.cnnmoney/ Questions for Discussion: Describe the barriers to buying into the IPO on the first day of trading? How do you think these constraints affected the trading values… Read more »
Facebook debut sets pace for tech IPOs to come
Description: With Facebook Inc. FB +0.61% finally going public, the market’s attention next turns to whether the social-networking sensation will lead the way for another wave of tech firms to cash in on the IPO market Source: Marketwatch.com Date: May 18, 2012 Link: http://www.marketwatch.com/story/facebook-debut-sets-pace-for-tech-ipos-to-come-2012-05-18 Questions for Discussions: How is the Facebook IPO experience expected to… Read more »
