Description: The fastest pace of economic growth in six years during the final three months of 2009 fueled a surge in corporate profits that may set the stage for job gains and a broadening of the U.S. recovery. Source: Bloomberg.com Date: 03/26/2010 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aorqXG5sfGeY Questions for discussion: Summarize the reasons given for economic and stock… Read more »
Posts Tagged: Financing Management (p590)
Why a $14/hour employee costs $20
Description: You probably cost your boss a lot more than you think you do. Source: CNNMoney.com Date: 03/26/2010 Link: http://money.cnn.com/2010/03/26/smallbusiness/employee_costs/index.htm Questions for discussion: In general, do you think these taxes (costs) are fair to employers and employees? Why would any exemptions for employment taxes be considered an unfair competitive subsidy by other businesses who must… Read more »
Digits: Who Stands to Win if Google Exits China?
Description: Hopes are fading that Google will be able to reach an agreement with China to remain in business there. With an exit by Google, a big chunk of the search market would be up for grabs, Ben Worthen reports on Digits with Stacey Delo, Eric Savitz and Marcelo Prince. Source: Marketwatch.com – video report… Read more »
Palm shares may hit $0: Analysts
Description: Palm’s future already looked bleak. But after reporting worse than expected results for the third quarter Thursday, some analysts think the company’s stock is now essentially worthless. Source: CNNMoney.com  Date: 03/19/2010 Link: http://money.cnn.com/2010/03/19/technology/palm_target_price_zero/index.htm Questions for discussion: Summarize the reasons for Palm’s demise. Do believe there is hope for the stock?
Nike jumps to record high as results promise strong demand
Description: Shares of Nike Inc. jumped to an all-time high Thursday after the No. 1 athletic-shoe company reported unexpectedly strong profits and product orders for its fiscal third quarter, driven by improved demand in Western Europe and China. Source: Marketwatch.com  Date: 03/18/2010 Link: http://www.marketwatch.com/story/nike-jumps-after-results-promise-continued-demand-2010-03-18 Questions for discussion: Summarize the reasons for the growth in… Read more »
At Lehman, Watchdogs Saw It All
Description: Almost two years ago to the day, a team of officials from the Securities and Exchange Commission and the Federal Reserve Bank of New York quietly moved into the headquarters of Lehman Brothers. They were provided desks, phones, computers  and access to all of Lehman’s books and records. At any given moment, there… Read more »
Avoid Negative-Net-Worth Stocks Like the Plague: John Dorfman
Description: I rarely buy a stock whose debt is greater than stockholders’ equity, or corporate net worth per share. In effect, that means I won’t give a second look to about one third of U.S. stocks. Source: Bloomberg.com Date: 03/15/2010 Link: http://www.bloomberg.com/apps/news?pid=20601039&sid=aReZz0vi1B5U Questions for discussion: In general, do you agree with this analysis and strategy… Read more »
What killed Lehman
Description: Failings by Lehman Brothers executives and its auditor led to the bank collapse that unleashed the worst of the financial crisis, according to a report by a court-appointed investigator. Source: CNNMoney.com  Date: 03/12/2010 Link: http://money.cnn.com/2010/03/12/news/companies/lehman_examiner/index.htm Questions for discussion: Summarize the findings in the report? Who do you believe is mostly to blame for… Read more »
How Men’s Overconfidence Hurts Them as Investors
Description: MEN and women invest differently, a growing body of research has found. And in at least one important respect, women may be better at it. Source: NYTimes.com Date: 03/12/2010 Link: http://www.nytimes.com/2010/03/14/business/14mark.html?ref=business Questions for discussion: How are men and women investors different from each other? What lessons are there that each gender can learn from… Read more »
Great Time to Buy (Famous Last Words)
Description: “IT’S a great time to buy a home.†Real estate agents were saying that in 2001, as home prices were rising. They also said it when home prices peaked in 2005  in fact, David Lereah, former chief economist of the National Association of Realtors, published a book that year titled “Are You Missing… Read more »
