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 »
Posts By: Brahm Canzer
New owners plan to supercharge Skype
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
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.
Description:Â Â 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
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
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 »
Applying Roubini Wisdom to Stocks Means Missing Out (Update3)
Making money on the thinking of Nouriel Roubini isn’t what it used to be. The New York University professor, who in 2006 foretold the worst financial unraveling since the Great Depression, has yet to say the economy is worth investing in again. “There is a big risk of a double-dip recession,†wrote Roubini, also known… Read more »
Consumer spending up, but morale at 4-month low
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 »
