Description: Shares of AIG surged after the insurance giant reported better than expected earnings. Taxpayers and investors should be proud of AIG.
Source: CNNMoney.com – video report
Date: May 03, 2013
Link: http://money.cnn.com/video/investing/2013/05/03/investing-the-buzz-aig.cnnmoney/
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Description: Companies are relying more and more on skilled freelance laborers in order to cut costs. These laborers, however, generally don’t report their cash earnings.
Source: CNNMoney.com – video report
Date: May 03, 2013
Link: http://money.cnn.com/video/news/2013/05/03/n-cmr-shadow-economy.cnnmoney/
Questions for Discussions:
Description: One of the more remarkable things about Apple?s record debt sale this week was that $3 billion of it came in the form of 30-year bonds. That?s a common duration in such sectors as financials and health care?but not so much in technology, where fortunes are made and destroyed by the constant churn of innovation.
Source: Businessweek.com
Date: May 03, 2013
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Description: Ron Johnson?s tenure at J.C. Penney Co. (JCP) will long be associated with a 25 percent sales plunge. Lost amid the criticism since his departure last month is the $170 million it cost to install Johnson and his top three executives.
Source: Bloomberg.com
Date: May 03, 2013
Link: http://www.bloomberg.com/news/2013-05-03/j-c-penney-spent-170-million-to-install-johnson-team.html
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Description: The dairy cows smell. All farm animals do, of course, but these particularly pungent Holsteins have just come in from the rain. They?re huddled in open stalls inside a white wooden barn at Cella Brothers in Wallingford, Conn., swishing their tails, chewing on bales of hay, and remarking on the terrible weather with a series of disappointed moos.
Source: Businessweek.com
Date: May 02, 2013
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Description: On today’s “Bloomberg University,” Dominic Chu explains “too big to fail.” He speaks on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)
Source: Bloomberg.com – video report
Date: Apr 26, 2013
Link: http://bloom.bg/11Jq2YW
Questions for Discussions:
Description: Samsung captured a third of the global smartphone market in the first quarter as growth for Apple’s iPhone dropped to its slowest pace ever, according to data released by Strategy Analytics. Strategic Analytics Senior Strategist Neil Shah speaks with Emily Chang reports on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)
Source: Bloomberg.com – video report
Date: Apr 26, 2013
Link: http://bloom.bg/11IAjEK#ooid=wxc3I3YjqFMZ_l0uJyW152iHoH01bKzZ
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Description: The news that George Soros has taken a 7.9 percent passive stake in J.C. Penney (JCP) brings to mind an old TV commercial from my childhood. In it, two boys stare with disgust at a bowl of Life cereal that their mother naively mentioned was good for them. They then push it in front of their little brother, a tiny curmudgeon named Mikey, who proceeds to gobble it up. “He likes it!” said less about the product (a testament to sugar and enriched vitamins) than the power of the person eating it. The child actor who played the mythical Mikey not only ended up on the box at one point; he came back years later to hawk the cereal as a young man.
Source: Businessweek.com
Date: Apr 26, 2013
Questions for Discussions:
Description: When Ed Sbragia started Sbragia Family Vineyards, it was an accomplishment that was nearly a century in the making. His grandfather moved from Italy to California in 1904 to work in the wineries just north of San Francisco. In the 1940s, Mr. Sbragia’s father bought property in the Dry Creek Valley near Healdsburg and planted zinfandel grapes, which he sold to local winemakers and used for his own home wine.
Source: NYTimes.com
Date: Apr 25, 2013
Link: http://dealbook.nytimes.com/2013/04/25/boutique-vintners-turn-to-private-equity-for-help/
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Description: Anita Demetropoulos, a Maine shopkeeper, figured she would never see the day when her most relentless competitor, Amazon, would be forced to collect sales tax.
Source: NYTimes.com
Date: Apr 26, 2013
Questions for Discussions:
