Description: Chipotle downgrade to rare underperform rating at Jefferies, which cited weak February trends and rising marketing costs Source: MarketWatch.com Date: Mar 18, 2016 Link: https://www.marketwatch.com/story/chipotle-stock-drops-after-rare-bearish-call-at-jefferies-2016-03-17 Questions for Discussions: Why has Chipotle stock been down-graded by this analyst? Do you agree with the assessment and predictions for recovery?
Posts Categorized: Management Issues
Big pay cut for Chipotle’s bosses
Description: The company shaved the total 2015 compensation of both Steve Ells and Monty Moran by roughly half: Ells brought in $13.8 million and Moran $13.6 million. Source: CNNMoney.com Date: Mar 11, 2016 Link: https://money.cnn.com/2016/03/11/news/companies/chipotle-ceo-pay-cut/index.html?iid=hp-stack-dom Questions for Discussions: Are you surprised at the executive compensation levels at Chipotle? What do you think of the change… Read more »
The man behind a $6 billion hedge fund says ‘very dangerous investors’ have one thing in common
Description: Ricky Sandler, the founder of $6 billion long/short equity hedge fund Eminence Capital, wants to hire folks with the “desire to win above the desire to be right.” Source: BusinessInsider.com Date: Mar 03, 2016 Link: https://www.businessinsider.com/eminence-capital-ricky-sandler-on-people-2016-3 Questions for discussion: What does Ricky Sandler say is an important quality in the people he believes are best… Read more »
The World’s Favorite New Tax Haven Is the United States
Description: Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. Source: Bloomberg.com Date: Jan 27, 2016 Link: https://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states Questions for Discussions: What does the article say about the secret movement of money into the U.S.? What do think is motivating this rising tide? Do you consider… Read more »
Why GoPro and Periscope’s Partnership Will Flop
Description: Fortune’s Andrew Nusca and Stephen Gandel explain. Source: Fortune.com – video report Date: Jan 29, 2016 Link: https://for.tn/23ykK2G Questions for Discussions: Summarize the cases presented. Do you agree with the assessments made by the panel? How should investors respond to these cases?
Kodak’s Old-School Response to Disruption
Description: Amid the giant televisions, Bluetooth-enabled baby socks, and virtual-reality headsets at the Consumer Electronics Show in Las Vegas earlier this month, Kodak calmly introduced a more low-key device. Its new Super 8 camera, which will go on sale this fall for a base price of four hundred dollars, is a reimagining of the analog… Read more »
Case Sheds Light on Goldman’s Role as Lender in Short Sales
Description: It would be easy to overlook the case against Goldman Sachs filed by the Securities and Exchange Commission on Jan. 14. It involved a complex piece of Wall Street plumbing, led to a minuscule $15 million fine and came on the same day that Goldman agreed to pay up to $5 billion to settle… Read more »
Is the Worst Yet to Come for Chipotle?
Description: Wall Street is struggling to figure out if the worst is over for Chipotle Mexican Grill. Bloomberg’s Craig Giammona has more on “Bloomberg Markets.” (Source: Bloomberg) Source: Bloomberg.com – video report Date: Jan 11, 2016 Link: https://www.bloomberg.com/news/videos/2016-01-11/is-the-worst-yet-to-come-for-chipotle- Questions for discussion: Why has the range of stock prices widened so dramatically? What would you advise… Read more »
Fitbit’s Game Plan For Making Your Company Healthy
Description: Given how things often go in Silicon Valley, Fitbit shouldn’t be here. It started selling wearable activity trackers when other hardware startups struggled for funding. Source: Forbes.com Date: Jan 08, 2016 Link: https://www.forbes.com/sites/parmyolson/2016/01/08/fitbit-wearables-corporate-wellness/ Questions for Discussions: Summarize the reasons for the firm’s financial success. How secure is the connection with corporate wellness? Should the… Read more »
Notable CEO Screw-Ups Of 2015
Description: Leading business titans made some major missteps in 2015. From price gouging to software manipulation and strategic woes, here are some of the noted CEO screw-ups of the year. Source: Forbes.com Date: Jan 08, 2016 Link: https://onforb.es/1MutHxC Questions for Discussions: What do you consider the most notable item in this report? What does this… Read more »
Fundamentals of Corporate Finance
