Credit card usury bill coming soon in House

Posted by & filed under Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Several congressional Democrats said on Wednesday they plan to introduce legislation next week to cap credit card interest rates. Source: Reuters.com Date: 11/25/2009 Link:  http://www.reuters.com/article/politicsNews/idUSTRE5AO4ZO20091125 Questions for discussion:  What the arguments for and against regulating credit card interest rates? Do you believe rates should be regulated? Explain your answer. What are the likely consequences… Read more »

Buffett buying Burlington rail in his biggest deal

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Warren Buffett’s Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation’s largest rail company will benefit from a recovering U.S. economy. Source: Reuters.com Date: 11/03/2009 Link: http://www.reuters.com/article/topNews/idUSTRE5A22A720091103 Questions for discussion: Do you think this investment will turn out to be a good one… Read more »

Exxon Mobil earnings plunge 68%

Posted by & filed under Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description:  Exxon Mobil reported a 68% decline in third-quarter earnings Thursday as oil and natural gas prices tumbled from last year’s highs. Source: CNNMoney.com Date: 10/29/2009 Link: http://money.cnn.com/2009/10/29/news/companies/exxon_mobil/index.htm?postversion=2009102912 Questions for discussion:  Summarize the current financial situation for the firm. Do you think investors will punish the company stock? Explain your answer. How has the stock… Read more »

Amazon shares close at record high

Posted by & filed under Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: The online retailer’s stock finishes up nearly 30% as investors see the company becoming a powerhouse of the post-recession economy. Source: CNNMoney.com Date: 10/23/2009 Link: http://money.cnn.com/2009/10/23/news/companies/Amazon/index.htm?postversion=2009102318 Questions for discussion:  Do you think investors are correct in their assessment of future online sales and profits at Amazon? Do you think some categories of merchandise or… Read more »

New highs, but now a big test.

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: Goldman Sachs, Bank of America, Google, IBM and Intel are among the heavy-hitters due to open their books, giving the rally its first big challenge in weeks. Source: CNNMoney.com Date: 10/11/2009 Keys: Finance (p558), Economy (p66) Link: http://money.cnn.com/2009/10/11/markets/sunday_lookahead/index.htm?postversion=2009101107 Questions for discussion:  Explain why financial information released this week by these firms will likely influence… Read more »

How Yahoo is betting its cloud will pay off

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: There was a day when information technology personnel toiled behind the scenes to make their corporate computing infrastructure work. But in the Internet era, those experts increasingly are getting starring roles in corporate computing leadership rather than being supporting cast members. Such is the case for Shelton Shugar, Yahoo’s senior vice president of cloud… Read more »

Bullish Estimates Fail to Keep Up With S&P 500 Gain

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: Strategists at Wall Street’s biggest securities firms can’t keep up with the Standard & Poor’s 500 Index after the steepest surge since the 1930s. Source: Bloomberg.com Date: 9/23/2009 Keys: Stock markets, economy Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=azdTAKZ2QQ7w Questions for discussion: Summarize the explanations for the rise in stock markets as well as the arguments saying they are… Read more »

Riding the bull a little longer

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The momentum that boosted the Dow, S&P 500 and Nasdaq to nearly one-year highs looks to reassert itself in the week ahead. Fed meeting, housing reports, G-20 summit on tap. Source: CNNMoney.com Date: 9/20/2009 Keys: Investing, stock market Link:  http://money.cnn.com/2009/09/18/markets/sunday_lookahead/index.htm?postversion=2009092008 Questions for discussion: Based on the report, do you believe the stock markets will… Read more »

Marchionne Managing Chrysler Means 5 Mobile Devices in Backpack

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: To save Chrysler Group LLC, Chief Executive Officer Sergio Marchionne has to create a mid-size sedan that can compete with the world’s best. It’s a three- to five-year job, and he may have two years to do it. Source: Bloomberg.com Date: 9/14/2009 Keys: Management, investing, marketing Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awHymjXNOYdI Questions for discussion: Summarize the strategies… Read more »

Renault’s Ghosn Says Future of Electric Autos Hinges on $70 Oil

Posted by & filed under Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Renault SA Chief Executive Officer Carlos Ghosn said the future of electric cars depends on a rebound in oil prices that may boost sales of the battery-powered vehicles he’s spending 4 billion euros ($5.9 billion) to develop. Source: Bloomberg.com Date: 9/16/2009 Keys: Marketing, finance, technology Link:  http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aR2eQwSe7_S8 Questions for discussion: Do you think Renault’s… Read more »