Description: All you 480 million Skype users out there should be rejoicing today, now that the Internet calling and video service has been freed from the clutches of eBay. As was announced this morning, eBay is selling a 65% stake in Skype for $1.9 billion in cash to a group of private equity shops and venture capitalists.
Description: The Securities and Exchange Commission may create a â€œfraud collegeâ€ to train staff in detecting market abuses after the agency failed to stop Bernard Madoffâ€™s $65 billion Ponzi scheme, Chairman Mary Schapiro said.
Description:Â Â Dainippon Sumitomo Pharma Co Ltd (4506.T) agreed on Thursday to buy U.S. drugmaker Sepracor Inc (SEPR.O) for $2.6 billion, giving the Japanese firm a big, local sales force in the world’s largest drugs market. The deal is the latest in a string of overseas acquisitions by Japanese drugmakers keen to grow outside a mature home market and build product pipelines before key drug patents expire.
Summarize the comments made about the state of the economy and taxation.
How might a national health tax and government run insurance plan that removes individual organizations from direct responsibility for employee insured programs be considered financially good for organizational finances?
How would a universal health program affect those corporations directly involved in the health care field such as pharmaceutical, insurance, hospital, and hospital supply firms?
Making money on the thinking of Nouriel Roubini isnâ€™t what it used to be. The New York University professor, who in 2006 foretold the worst financial unraveling since the Great Depression, has yet to say the economy is worth investing in again. â€œThere is a big risk of a double-dip recession,â€ wrote Roubini, also known as Dr. Doom, in his column in the Financial Times this week.
As a corporate finance manager planning inventories and projected cash flows for the last quarter of the year, how would you interpret this economic information in terms of future financial impact on your firm?
Would you increase or decrease your inventory levels if you were an electronics firm such as Samsung or Sony?
Would you be optimistic or pessimistic about sales this coming holiday shopping season if you were working at Best Buy?
Which businesses do you think should be more aggressive in stocking their inventories and which should be more conservative? Explain your thinking.