Description: General Motors Co. (GM) was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices. Source: Bloomberg.com Date: Oct 15, 2014 Link: http://www.bloomberg.com/news/2014-10-15/gm-sued-for-10-billion-over-losses-on-27-million-cars.html Questions for Discussions: What are the issues in this report related… Read more »
Posts Tagged: Bankruptcy
The next big crisis? Think 2008, only worse
Description: NEW YORK — Ever wondered when the next financial crisis will be? Possibly in just a couple of years with the “coming collapse of the international monetary system.” Source: FinancialPost.com/Reuters Date: Oct 06, 2014 Link: http://business.financialpost.com/2014/10/06/the-next-big-crisis-think-2008-only-worse/ Questions for Discussions: What is your opinion of this prediction? How should investors respond if they disagree with… Read more »
Square raises $100 million at $6 billion valuation
Description: Square raises another $100 million, and it isn’t done yet. Source: Fortune.com Date: Sep 12, 2014 Link: http://fortune.com/2014/09/12/square-raises-100-million-at-6-billion-valuation/ Questions for Discussions: Evaluate the risk associated with this company in light of the competitive environment and costs of building a network of users. Do you believe the company can be made into an attractive acquisition… Read more »
Blackstone’s $26 Billion Hilton Deal: The Best Leveraged Buyout Ever
Description: In the early spring of 2009, with the recession deepening, Christopher Nassetta stood alone in an empty house in Arlington, Va., surrounded by moving boxes and trying not to despair. Source: Businessweek.com Date: Sep 12, 2014 Link: http://www.businessweek.com/articles/2014-09-11/blackstones-hilton-deal-best-leveraged-buyout-ever#r=nav-f-story Questions for Discussions: Summarize the financial highlights in this story. Do you agree with assessment that… Read more »
Why Target will pull out all the stops to save face in Canada
Description: It only took 15 months after Target Corp. made a wildly hyped venture into Canada before someone sounded a death knell for the mass merchant. Source: FinancialPost.com Date: Aug 22, 2014 Link: http://business.financialpost.com/2014/08/22/why-target-will-pull-out-all-the-stops-to-save-face-in-canada/ Questions for discussion: What is the financial damage to Target due to its poor performance? How would you deal with the… Read more »
The ticking time bomb in Europe’s latest economic stimulus
Description: Europe needs to get real about its so-called “zombie bank” problem and take the hits needed to unclog its lending machine. Source: Fortune.com Date: June 06, 2014 Link: http://fortune.com/2014/06/06/europe-economy-banks-lending/ Questions for Discussions: What are the problems facing European banks, according to the report? What are the suggested solutions?
Liberty Media’s smaller stake in Barnes & Noble may actually be a good thing: analysts
Description: Barnes & Noble Inc.’s shares fell as much as 16% on Thursday after John Malone’s Liberty Media said it’s slashing its holdings in Barnes & Noble to about 1.7% from the 17% stake it held in 2011. Source: Marketwatch.com Date: Apr 03, 2014 Link: http://blogs.marketwatch.com/behindthestorefront/2014/04/03/liberty-medias-smaller-stake-in-barnes-noble-may-actually-be-a-good-thing-analysts/ Questions for discussion: Why did the stock price fall… Read more »
Honeymoon over for new BlackBerry CEO?
Description: BlackBerry shares have enjoyed a solid start to 2014. But the stock fell Thursday after being downgraded to a ‘sell.’ With lackluster quarterly results expected Friday, is time running out for John Chen to turn around the company? Source: CNNMoney.com – video report Date: Mar 28, 2014 Link: http://money.cnn.com/video/investing/2014/03/27/investing-the-buzz-blackberry-smartphone-apple-iphone-john-chen.cnnmoney/index.html Questions for Discussions: How should… Read more »
Fed transcripts: Bernanke chose to let Lehman fail
Description: FORTUNE — September 15, 2008 was a watershed moment for the financial crisis that consigned much of the world to an economic malaise from which we are still recovering. That day, government officials hastily arranged a sale of investment bank Merrill Lynch to Bank of America, while another bank — Lehman Brothers — was… Read more »
UPDATE 4-JPMorgan to pay over $2 billion to settle Madoff case
Description: JPMorgan Chase & Co will pay more than $2 billion of penalties to settle charges by U.S. federal authorities that it failed to report suspicious activity involving Bernard Madoff’s Ponzi scheme. Source: Reuters.com Date: Jan 07, 2014 Link: http://in.reuters.com/article/2014/01/07/jpmorgan-madoff-deal-idINL2N0KH0ZP20140107 Questions for Discussions: Summarize the illegal behaviors for which the bank is being fined. Why… Read more »
