Description: Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. Source: NYTimes.com Date: Nov 24, 2016 Link: https://www.nytimes.com/2016/11/24/business/wells-fargo-asks-court-to-force-customers-to-arbitration-in-fake-accounts-cases.html?ref=business&_r=0 Questions for Discussions: What are the managerial and… Read more »
Posts Categorized: Company Analysis
Former exec arrests keep Valeant from ‘riding into the sunset’ on Philidor controversy
Description: Valeant Pharmaceuticals International Inc. continues to be haunted by its ties to the Philidor speciality pharmacy as former executives from both companies face charges in a multimillion-dollar kickback scheme. Source: FinancialPost.com Date: Nov 17, 2016 Link: https://business.financialpost.com/investing/market-moves/former-valeant-executive-and-former-philidor-ceo-charged-with-fraud-in-pharmacy-probe Questions for discussion: What is the legal case against the firm based on? What are the financial… Read more »
Brookfield hoarding cash on fears 8-year bull market set to end
Description: Brookfield Asset Management Inc. is selling off assets and paying down bank lines after an eight-year bull run in stocks and bonds near highs, joining investors such as Warren Buffett and Canada’s Prem Watsa in accumulating cash. Source: Bloomberg.com Date: Nov 11, 2016 Link: https://www.bloomberg.com/news/articles/2016-11-11/brookfield-ceo-says-cash-is-king-after-8-year-stocks-bull-market Questions for Discussions: What does the article say about… Read more »
Stock Markets, Initially Shaken, Edge Higher After Trump Victory
Description: After a sharp sell-off overnight in Asia, markets staged a recovery on Wednesday as investors shook off the shock of a Donald J. Trump presidency and began to focus on whether his mix of policies could spur a still-fragile global economic recovery. Source: NYTimes.com Date: Nov 10, 2016 Link: https://www.nytimes.com/2016/11/10/business/dealbook/stock-markets-election.html Questions for discussion: How… Read more »
The Money Management Gospel of Yale’s Endowment Guru
Description: As he has done for decades, once a week David F. Swensen convenes his staff — including his cadre of apprentices — for a morning-long meeting among the Gothic revival flourishes and crenelations of the Yale University campus to debate investment ideas. Source: NYTimes.com Date: Nov 05, 2016 Link: https://www.nytimes.com/2016/11/06/business/the-money-management-gospel-of-yales-endowment-guru.html?ref=business Questions for discussion: What… Read more »
Six Reasons Tesla Wants to Take Over Your House
Description: Elon Musk is about to unveil a home solar system that could transform electricity. Source: Bloomberg.com – video report Date: Oct 28, 2016 Link: https://bloom.bg/2dLWLHq Questions for Discussions: What are the concerns about the merger, as expressed in the video clip? Do you think this deal is good for shareholders?
TD Ameritrade, Scottrade deal is the sign of an industry in the midst of major change
Description: TD Ameritrade’s US$4 billion deal to acquire Scottrade Financial Services Inc. will not only give the company greater scale, but also highlights the ongoing push of discount brokerages into the wealth management sphere amid growing competition in the financial services market. Source: FinancialPost.com Date: Oct 25, 2016 Link: https://business.financialpost.com/investing/td-ameritrade-scottrade-deal-marks-an-industry-in-the-midst-of-major-change?__lsa=64cb-7420 Questions for discussion: What does… Read more »
AT&T Mulls Reinvention for Web With $86 Billion Time Warner Deal
Description: Time Warner Inc. and AT&T Inc. have survived the evolution of color TV and cable over the decades. Now, they’re contemplating a merger to adapt to the latest technological shifts: smartphones and streaming. Source: Bloomberg.com Date: Oct 22, 2016 Link: https://www.bloomberg.com/news/articles/2016-10-22/at-t-mulls-reinvention-for-web-with-86-billion-time-warner-deal Questions for Discussions: What is the rational behind the merger? Do you think… Read more »
The Tech Bubble Didn’t Burst This Year. Just Wait
Description: The industry has splintered into a few sure bets and everything else. That isn’t helping guide us out of the iPhone era into whatever’s next. Source: Bloomberg.com Date: Oct 20, 2016 Link: https://www.bloomberg.com/news/articles/2016-10-20/the-tech-bubble-didn-t-burst-this-year-just-wait Questions for discussion: What are the concerns raised in this article? Do you agree with the analysis? What would you advise… Read more »
Amazon short interest hits historical high of $5.3 billion after its recent record rally
Description: Amazon.com shares have been on an unstoppable run since the beginning of 2015, surging by 170 percent and adding almost $250 billion to the company’s stock market value. Source: CNBC.com Date: Oct 14, 2016 Link: https://www.cnbc.com/2016/10/14/amazon-short-interest-hits-historical-high-of-5-billion-after-its-recent-record-rally.html Questions for Discussions: Summarize the history of short selling interest in Amazon. Why is there such high expectation… Read more »
Fundamentals of Corporate Finance
