Description: After the hit taken by Mylan Inc. last week for its sixfold increase in the price of the lifesaving EpiPen, Umer Raffat, an analyst at Evercore ISI, has been receiving a certain request: Investors want to know which companies are making similar moves. Source: MarketWatch.com Date: Sep 02, 2016 Link: http://www.marketwatch.com/story/mylans-epipen-caught-the-full-force-of-drug-price-outrage-because-it-was-the-perfect-target-not-because-it-was-the-only-one-2016-08-31?siteid=nwtwk Questions for Discussions: What… Read more »
Posts Categorized: Governments & Regulators
Ireland to join Apple in fight against EU tax ruling
Description: Ireland’s cabinet agreed on Friday to join Apple (AAPL.O) in appealing against a multi-billion-euro back tax demand that the European Commission has imposed on the iPhone maker, despite misgivings among independents who back the fragile coalition. Source: BNN.ca Date: Sep 05, 2016 Link: http://www.bnn.ca/ireland-to-join-apple-in-fight-against-eu-tax-ruling-1.559951 Questions for discussion: What is the basis of the action… Read more »
The Volcker Rule Explained
Description: The Volcker Rule: a central component of the Dodd-Frank financial reform bill and a key part of President Obama’s economic legacy. Here’s what it does to regulate Wall Street. Source: CNNMoney.com – video report Date: Aug 22, 2016 Link: http://money.cnn.com/video/news/economy/2016/08/22/the-volcker-rule-explained.cnnmoney/ Questions for Discussions: What is the Volker Rule? Do you think it does an… Read more »
IEX Finally Bursts Onto the Stock Market Scene
Description: Trading opened today for the new exchange. Source: Fortune.com – video report Date: Aug 19, 2016 Link: http://for.tn/2b5sxha Questions for Discussions: How is this exchange different? How well do you think it will do competing against the other established exchanges?
SEC cracks down on made-up numbers in company earnings
Description: Companies that did not comply with new guidelines are getting letters, updating filings Source: MarketWatch.com Date: Aug 18, 2016 Link: http://www.marketwatch.com/story/sec-cracks-down-on-made-up-numbers-in-company-earnings-2016-08-18?siteid=nwtwk Questions for discussion: What does this article say about financial reporting by some companies? How should investors deal with this information?
Big Oil Abandons $2.5 Billion in U.S. Arctic Drilling Rights
Description: After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell, ConocoPhillips and other companies have quietly relinquished claims they once hoped would net the next big oil discovery. Source: Bloomberg.com – video report Date: May 10, 2016 Link: http://www.bloomberg.com/news/articles/2016-05-10/big-oil-abandons-2-5-billion-in-u-s-arctic-drilling-rights Questions for Discussions: What does the report say… Read more »
Congressman: People are tired of companies using tax loopholes
Description: Rep. Sandy Levin, Ranking Member of the Ways and Means Committee, says companies are racing to “skirt” crackdown on corporate tax avoidance. Source: CNNMoney.com – video report Date: Apr 07, 2016 Link: http://money.cnn.com/video/news/2016/04/06/inversions-allergan-pfizer-sandy-levin.cnnmoney/ Questions for Discussions: What are the issues in this debate? What is your view on the matter?
Yellen: This Is Not a Bubble Economy
Description: Yellen: This Is Not a Bubble Economy Source: Bloomberg.com – video report Date: Apr 07, 2016 Link: http://bloom.bg/1SDwng1 Questions for discussion: What is a “bubble economy”? What is the significance of Yellen’s pronouncement, in terms of the Fed’s likely course of action in the near future? How should investors and traders interpret this pronouncement?
What You Need to Know About Spotify’s $1 Billion Debt Deal
Description: The company is facing more direct competition. Source: Fortune.com – video report Date: Mar 31, 2016 Link: http://for.tn/1UuRp6q Questions for Discussions: What is the significance of the debt load? Why do you think the firm has agreed to these terms? How should investors deal with this information?
Do Big Businesses Make Sense Anymore?
Description: Just look at Airbnb, Uber, and Facebook. Source: Fortune.com – video report Date: Mar 18, 2016 Link: http://for.tn/1Rn5rqf Questions for Discussions: What do think about the commentary presented in this report? What are the economic and financial implications for this vision of corporations? How would investment, investors and the financial services industry be affected?
