Description:Â 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:Â Bloomberg.com Date: Dec 10, 2012 Link:Â http://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… Read more »
Posts Categorized: Part 6 Managing Financial Resources
Fiscal cliff? OMG. Like who cares?
Description: American Eagle is the latest youth-oriented retailer to report strong results, a sign that teens are continuing to shop despite economic worries. Source: CNNMoney.com – video report Date: Nov 28, 2012 Link: http://money.cnn.com/video/investing/2012/11/28/investing-american-eagle-outfitters.cnnmoney/ Questions for Discussions: Explain the financial results at the firms mentioned in this report? How are they related to the buying… Read more »
Danny Kim’s Motorbike Won’t Wipe Out
Description: Daniel Kim decided to reinvent the motorcycle eight years ago, soon after a car nearly crushed him. He was welding a Land Rover sport-utility vehicle, laying on a mechanic’s sled under its 500-pound chassis, when the chassis fell off its frame stands. Source: Businessweek.com Date: Nov 21, 2012 Link: http://www.businessweek.com/articles/2012-11-21/danny-kims-motorbike-wont-wipe-out#r=nav-f-story Questions for Discussions: What makes… Read more »
How HP’s Disastrous Deal Blows a Hole in Consulting
Description: HP lost $8.8 billion on acquisition gone bad. Are high-priced consultants and accountants like KPMG and Deloitte to blame? Source: TheDailyBeast.com Date: Nov 21, 2012 Link: http://www.thedailybeast.com/articles/2012/11/21/how-hp-s-disastrous-deal-blows-a-hole-in-consulting.html Questions for Discussions: Who is at fault for this situation? What does this report say about the value of consultants and their effort at due diligence? What… Read more »
More bad news for PC makers
Description: Dell’s latest results were awful, sending shares of the struggling stock even lower. A similar fate likely awaits Hewlett-Packard next week. Source: CNNMoney.com – video report Date: Nov 16, 2012 Link: http://money.cnn.com/video/investing/2012/11/16/investing-hp-dell.cnnmoney/ Questions for Discussions: Explain the reasons for stock market declines of Dell and HP? What could turn these stock values around? Would… Read more »
Amazon’s Jeff Bezos: The ultimate disrupter
Description: He’s a pro-customer, tightfisted risk-taker who is conditioning Wall Street to embrace his erratic earnings. If you’re running a business with high margins — watch out. Source: Fortune.com Date: Nov 16, 2012 Link: http://management.fortune.cnn.com/2012/11/16/jeff-bezos-amazon/?iid=SF_F_River Questions for Discussions: What does the article say about Jeff Bezos’ management thinking and style? Why has Amazon succeeded? What… Read more »
Twinkie Maker Hostess to Close
Description: Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, said Friday it is shuttering its plants and firing about 18,000 workers as it seeks to liquidate the 82-year-old business. Source: WSJ.com Date: Nov 16, 2012 Link: http://online.wsj.com/article/SB10001424127887324556304578122632560842670.html Questions for Discussions: Summarize the reasons for the demise… Read more »
Disney’s world is still wonderful
Description: Shares are down on missed revenue forecasts, but people are still flocking to Disney theme parks. Source: CNNMoney.com – video report Date: Nov 09, 2012 Link: http://money.cnn.com/video/investing/2012/11/09/investing-disney.cnnmoney/ Questions for Discussions: What are the sources of revenue for Disney? Do you think that they will all continue to perform well for the next year or… Read more »
More Reasons Not to Fudge Business Expenses
Description: It’s easy for entrepreneurs hatching startups to fudge the line between personal and business expenses. Is that laptop really used for your company, or for your kids? Are you discussing business at lunch, or gossiping with a friend? Beyond the typical admonitions about tax audits, running personal expenses through your business can backfire with… Read more »
From stay-at-home mom of four to furniture queen
Description: Home furnishings CEO Judy George talks with Fortune about life as a working mom, cultivating a superhuman drive to succeed, and overcoming even the most public of failures. Source: Fortune.com Date: Nov 09, 2012 Link: http://management.fortune.cnn.com/2012/11/09/from-stay-at-home-mom-of-four-to-furniture-queen/?iid=SF_F_River Questions for Discussions: What are the entrepreneurial lessons to be learned in this report? How would you describe… Read more »