Description: Meredith Whitney, the bank analyst who became famous for identifying problems at Citigroup (C) and other institutions ahead of the financial crisis, has shut down the brokerage and research arms of the firm she founded with her newfound prominence. The news, first reported by Bloomberg’s Max Abelson and Michael J. Moore, comes after a… Read more »
Posts Categorized: Company Analysis
Tesla stock may be losing air
Description: Shares of the electric car maker slumped on an analyst downgrade. But Tesla is up more than 450% in 2013. Is there more room to fall? Source: CNNMoney.com – video report Date: Oct 02, 2013 Link: http://money.cnn.com/video/investing/2013/10/02/investing-the-buzz-tesla-motors-elon-musk.cnnmoney/index.html Questions for Discussions: What are the reasons for concern over the stock valuation? Do you think the… Read more »
Twitter unwraps IPO details
Description: Twitter revealed its filing for a proposed initial public offering on Thursday afternoon, setting in motion a debut that could be the most significant tech IPO since Facebook Inc. went public last year. Source: MarketWatch.com Date: Oct 03, 2013 Link: http://www.marketwatch.com/story/twitter-unwraps-ipo-details-2013-10-03 Questions for Discussions: Summarize the financial condition at Twitter. What do believe the… Read more »
For Constellation, Cerveza Makes Money the Way Beer Never Could
Description: Constellation Brands (STZ) put out a nice recipe for a profitable cocktail today:• 4 parts beer (must be Mexican)?• 3 parts wine (Arbor Mist, Ravenswood, Robert Mondavi)?• a splash of spirits (Svedka Vodka, Black Velvet Canadian Whisky) Source: Businessweek.com Date: Oct 03, 2013 Link: http://www.businessweek.com/articles/2013-10-03/for-constellation-cerveza-makes-money-the-way-beer-never-could Questions for Discussions: What is the basis for the… Read more »
NY AG wants to ‘redefine’ insider trading
Description: New York Attorney General Eric Schneiderman says the law has always lagged behind technology and it has to adapt as companies get data early to trade on it within milliseconds. Source: CNNMoney.com – video report Date: Sep 26, 2013 Link: http://money.cnn.com/video/investing/2013/09/26/investing-ny-ag-eric-schneiderman-early-data-insider-trading.cnnmoney/index.html Questions for Discussions: Summarize the problems discussed and the solutions presented. Do you… Read more »
Why Home Depot’s not building many stores
Description: Home Depot CEO says that the boost in online sales has allowed his company to grow while cutting back on brick-and-mortar expansion. Source: CNNMoney.com – video report Date: Sep 24, 2013 Link: http://money.cnn.com/video/news/2013/09/25/f-leadership-home-depot-ceo-frank-blake-stores.fortune/index.html Questions for Discussions: How has customer behavior changed strategic planning at Home Depot? How will the reduction in new store openings… Read more »
Nike does it again; shares hit a record high
Description: Nike Inc. NKE has delivered again. Its shares, which debuted as a part of the Dow Jones Industrial Average on Monday, jumped 5% Friday to a record $74 after the company late Thursday reported a better-than-expected fiscal first-quarter profit amid stronger-than-expected sales. The company’s upside was even more notable in a retail environment where… Read more »
J. C. Penney Is on the Brink
Description: J. C. Penney (JCP), the centenarian retailer, is reeling from post-traumatic stress disorder. Its sales, stock price, and management credibility are all tanking. The company is in disarray after activist hedge fund manager Bill Ackman installed a chief executive officer (now departed) whose aborted attempt to reinvent the department store failed miserably and alienated… Read more »
Why the Fed is not flip-flopping
Description: Economist Julia Coronado of BNP Paribas says the market had been wrong to assume the Federal Reserve would begin to taper. Source: CNNMoney.com – video report Date: Sep 19, 2013 Link: http://money.cnn.com/video/investing/2013/09/19/investing-fed-no-taper-flip-flop.cnnmoney/index.html Questions for Discussions: Why did the market react as it did this week? What data will likely trigger tapering by the Fed?
Never ending woes for Olive Garden?
Description: Shares of Darden Restaurants, parent company of Olive Garden and Red Lobster, plunged after the company’s sales and earnings missed forecasts. Source: CNNMoney.com – video report Date: Sep 20, 2013 Link: http://money.cnn.com/video/investing/2013/09/20/investing-the-buzz-darden-restaurants.cnnmoney/index.html Questions for Discussions: What is the greater economic concern suggested by the drop in earnings at Darden? Do you think the drop… Read more »
