Description: Wall Street has called the end of an era and the beginning of the next one: The most important technology product no longer sits on your desk but rather fits in your hand. Source: CNNMoney.com  Date: 05/26/2010 Link: http://www.nytimes.com/2010/05/27/technology/27apple.html   Questions for discussion: Summarize the key points made about technology in this article? Who… Read more »
Posts Categorized: Part 6 Managing Financial Resources
Steve Jobs Makes The Worst Trade Ever
Description: Brett Arends tells us about one of the greatest trade blunders ever – a decision by Steve Jobs in 2003 to accept a safer but much lower returning investment in exchange for his 55 million Apple Stock options, now worth nearly $13 billion. Source: Marketwatch.com – video report  Date: 05/18/2010 Link: http://www.marketwatch.com/video/asset/steve-jobs-makes-the-worst-trade-ever/74CD1F05-723A-4E63-BB16-DA4AC94AFFD5 Questions… Read more »
Fear index soars to 14-month high
Description: Wall Street’s key measure of volatility skyrocketed on Thursday, as all major stock indexes plummeted on concerns about the European debt crisis. Source: CNNMoney.com  Date: 05/20/2010 Link: http://money.cnn.com/2010/05/20/markets/VIX_fear_index/index.htm Questions for discussion: What is the VIX? How is the VIX related to stock market activity? How do you think investors will behave over the… Read more »
Fishing Industry Hammered by Gulf Oil Spill
Description: The petroleum and fishing industries have a long and uneasy intertwined history in the Gulf of Mexico. WSJ’s Andy Jordan looks at how the growing gulf oil spill is hurting Louisiana fishermen who supply around one-third of the U.S.’s seafood. Source: Marketwatch.com – video report  Date: 05/05/2010 Link: http://www.marketwatch.com/video/asset/fishing-industry-hammered-by-gulf-oil-spill/41612D0E-B338-464D-A15E-5885B1D227D6 Questions for discussion: Can… Read more »
Yesterday’s market swerve: fat fingers, glitch, or cyber-warfare?
Description: Theories about yesterday’s stock market swoon, where within a matter of 20 minutes, the stock market plunged by 1,000 points and then nearly completely recovered, are abounding. Fortune asked Rishi Narang, founder of the hedge fund Telesis Capital and author of Inside the Black Box, to share the theories he’s heard and handicap them… Read more »
The New Money Rules for Recent Graduates
Description: Final exams over, newly minted college graduates may still have some studying to do as they prepare to plan their financial future. Source: NYTimes.com Date: 05/07/2010 Link: http://www.nytimes.com/2010/05/08/your-money/08money.html?ref=business Questions for discussion: Summarize what you learned from the article. Which item in the article will affect you the most?
Goldman’s Shares Plunge on Inquiries and Downgrades
Description: How much trouble is Goldman Sachs really in? One answer: About $21 billion worth. That’s how much the vaunted Wall Street bank has lost in market value since it was engulfed in a fraud accusation two weeks ago. Source: NYTimes.com  Date: 04/30/2010 Link: http://www.nytimes.com/2010/05/01/business/01goldman.html?ref=business Questions for discussion: Summarize the legal and ethical problems… Read more »
Gulf of Mexico oil spill could cost BP $3 billion or more
Description: There are a lot of uncertainties right now about the Gulf oil spill. But one thing is clear: In addition to the intangible loss of wildlife, it’s going to cost BP a lot of money. Source: CNNMoney.com Date: 04/30/2010 Link: http://money.cnn.com/2010/04/30/news/economy/bp_gulf_oil_spill_cost/index.htm Questions for discussion: Do you believe BP has behaved in a socially responsible… Read more »
Apple Stock to Reach $1,000?
Description: Will the iPad propel Apple’s stock to $1,000? Wealth Adviser columnist James Altucher tells Dow Jones Newswires reporter Shelly Banjo why Apple stock will soar and why its competitors have a lot to lose. Source: Marketwatch.com – video report  Date: 04/21/2010 Link: http://www.marketwatch.com/video/asset/apple-stock-to-reach-1000/B55F573F-3282-4F66-B34C-C63EB8FD120F  Questions for discussion: Summarize the reasons given for such optimistic… Read more »
Apple earnings soar on strong iPhone, Mac sales
Description: Apple Inc said Tuesday that profit rose 90% in its fiscal second quarter as it sold almost 9 million iPhones, easily topping analyst estimates in both profit and sales amid a surge in demand in international markets. Source: Marketwatch.com  Date: 04/20/2010 Link: http://www.marketwatch.com/story/apple-earnings-soar-on-strong-iphone-sales-2010-04-20?siteid=nwtwk Questions for discussion: Does Apple`s current financial information suggest more… Read more »
