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: Financial 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 »
Icahn Pushes Apple CEO for $150 Billion Share Buyback
Description: Carl Icahn, who disclosed a $1 billion stake in Apple Inc. (AAPL) in August, said he had dinner with Chief Executive Officer Tim Cook and “pushed hard” for a $150-billion share buyback. Source: Bloomberg.com – video report Date: Oct 01, 2013 Link: http://www.bloomberg.com/news/2013-10-01/apple-s-cook-pushed-hard-by-icahn-for-150-billion-buyback.html Questions for discussion: Summarize the financial plan proposed by Carl Icahn…. 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 »
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 »
4 reasons billions in fines can’t stop Jamie Dimon’s stock
Description: Why haven’t JPMorgan’s legal issues done more to dent the stock? Source: Fortune.com Date: Sep 27, 2013 Link: http://finance.fortune.cnn.com/2013/09/27/jpmorgan-stock-rising/?iid=SF_F_River Questions for discussion: Summarize the reasons JP Morgan is still a popular stock. Do you think anything has changed as a result of the fines?
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 »
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 »
BlackBerry shares sink amid layoffs, expected $1B loss
Description: BlackBerry says it will cut 4,500 jobs across its operations, and expects to report a second-quarter loss of between $950 million to $995 million US when it issues its financial results next week. Source: CBC.ca – video report Date: Sep 20, 2013 Link: http://www.cbc.ca/player/News/TV%2BShows/The%2BNational/Technology%2B&%2BScience/ID/2407696489/ Questions for discussion: Summarize the collapse of BB share value. Is… Read more »
