Posted by & filed under Economic Analysis, Growth & Valuation.

Description: The economy and markets of 2012 sport nearly as many risk factors as a Cialis ad: Four years into full monetary tilt, does the Federal Reserve much know what it’s doing, and should we grow to expect QE6?

Source: Businessweek.com

Date: Dec 19, 2012

Linkhttp://www.businessweek.com/articles/2012-12-19/in-a-world-full-of-risk-why-are-investors-so-calm#r=nav-r-story

Questions for Discussions:

  • Summarize the reporter’s perceptions of the investment environment and investor attitude?
  • What is you view of both?

Posted by & filed under Company Analysis, Governments & Regulators, Management Issues.

Description:  UBS AG (UBSN)’s $1.5 billion fine for rigging global interest rates expands the scandal to include bribery and highlights the influence of a trader in Tokyo who colluded with other banks to align their submissions.

Source:  Bloomberg.com

Date: Dec 19, 2012

Link:  http://www.bloomberg.com/news/2012-12-19/ubs-libor-fine-soars-as-traders-bribed-brokers-to-fix-libor-rate.html

Questions for Discussions:

  • What does this report say about the manner in which the manipulation of rates was conducted and the people involved?
  • What should regulatory officials do?
  • How will investors be affected by these revelations?

Posted by & filed under Company Analysis, Growth & Valuation, Management Issues.

Description: While Google celebrates Seinfeld holiday Festivus a bit early, Yahoo stock has soared since ex-Googler Marissa Mayer took over as CEO.

Source: CNNMoney.com – video report

Date: Dec 12, 2012

Linkhttp://money.cnn.com/video/investing/2012/12/12/investing-yahoo-google.cnnmoney/

Questions for Discussions:

  • How do you explain the big improvement at Yahoo?
  • Do you think investors have fundamentally changed their thinking about the future of the firm because of the change in management?
  • Would you be a buyer today?

Posted by & filed under Company Analysis, Financial Planning, Growth & Valuation, Management Issues.

Description: Cory Johnson reports on Groupon’s sales growth and possible takeover. He speaks with Deirdre Bolton on Bloomberg Television’s “Bloomberg West.”

Source: Bloomberg.com – video report

Date: Dec 11, 2012

Link: http://bloom.bg/X81lR9#ooid=p2aWdrNzo-dhmC7M3hsAXNhZ_gTmAnCC

Questions for Discussions:

  • Summarize the financial condition of the firm?
  • How has management responded?
  • Do you see a turnaround for the firm?
  • How should investors treat the stock?

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Industry Analysis.

Description:  The market is starting to pick up some good feelings again. The Sturm and Drang playing out in the capital is pretty impressive. Emotions in the market are starting to dissipate. I think there has been some heavy tax selling of big names from investors trying to manage their 2012 tax bills.

Source: Marketwatch.com

Date: Dec 12, 2012

Link: http://www.marketwatch.com/story/its-getting-interesting-for-apple-again-2012-12-12

Discussions:

  • Explain the technical variables that suggest a buying opportunity for Apple?
  • Do you agree with the analysis?

Posted by & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Growth & Valuation, Industry Analysis, Management Issues.

Description: Renault SA (RNO), which is losing sales faster than any other European carmaker, sold its remaining Volvo AB (VOLVB) stake for 12.8 billion kronor ($1.92 billion) to boost funding, ending an 11-year run as the Swedish truckmaker’s largest owner.

Source: Businessweek.com

Date: Dec 13, 2012

Link:  http://www.businessweek.com/news/2012-12-12/renault-to-sell-volvo-shares-worth-2-billion-to-cut-debt#r=bloomberg

Questions for Discussions:

  • What is the reasoning behind this decision?
  • Do you think it is a good one?
  • What other alternatives are available to management?

Posted by & filed under Company Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Management Issues.

Description:  Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.

Source:  Bloomberg.com

Date: Dec 10, 2012

Linkhttp://www.bloomberg.com/news/2012-12-10/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html

Questions for Discussions:

  • Explain how tax laws have influenced financial planning at Google.
  • Is there anything ethically wrong with management’s decisions?
  • How should government respond to the situation?

Posted by & filed under Company Analysis, Growth & Valuation.

Description: The King of All Media and other investors will get a special dividend. Sirius XM, now profitable, has thrived while online radio stock Pandora has lagged.

Source: CNNMoney.com – video report

Date: Dec 06, 2012

Link: http://money.cnn.com/video/investing/2012/12/06/investing-buzz-sirius-xm-radio-pandora.cnnmoney/

Questions for Discussions:

  • Explain the reasons for Sirius’ turnaround and financial success.
  • Why is Pandora moving in the opposite direction, financially speaking?
  • Would you be an investor in either of these firms or another competitor in this market for music generated revenues?

Posted by & filed under Company Analysis, Financial Planning, Growth & Valuation, Management Issues, Market Analysis.

Description: Shutterfly CEO Jeffrey Housenbold says the holiday season accounts for all of the company’s profits and about 40% of its revenue.

Source: CNNMoney.com – video report

Date: Dec 05, 2012

Link: http://money.cnn.com/video/technology/2012/12/05/t-shutterfly-holidays.fortune/

Questions for Discussions:

  • Describe the cash flow management issues for the firm.
  • Is there a way to smooth the imbalance of cash flow so that it is more even throughout the year?
  • How should management deal with the financial issues brought on by cash flow management?

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis.

Description:  Apple Inc. AAPL-0.37% is in the midst of another sell-off, leaving market observers and analysts to ponder the reasons why a company that is still expected to gin up strong double-digit sales growth next year has seen its market value clipped by 7% this week alone – and more than 20% over the last 10 weeks.

Source: Marketwatch.com

Date: Dec 05, 2012

Link: http://blogs.marketwatch.com/thetell/2012/12/05/5-downside-catalysts-for-apple/

Discussions:

  • What do you think of the reasons presented for Apple’s share price drop?
  • Do you think this is due to profit-taking and setting the stage for a big rebound in 2013?
  • Would you be a buyer today?