“Cash Burn Rate,” used to value companies with little or no revenues, was a popular term in the dot-com era. The burn rate is the amount of cash that is ... Read Full Story »
Stock markets. Equity markets opened sharply higher this morning before falling into negative territory before the ISM and factory order reports were released. The ISM index came in lower than expected, ... Read Full Story »
Goldman Sachs has noted that an analyst named Brad Cragin has left the firm, and his former targets and ratings in specialty apparel names are no longer in effect. These ... Read Full Story »
Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est.Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est.Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%.Church & Dwight (CHD) ... Read Full Story »