The most educational part of an IPO filings (S-1) is the company’s list of its own risk factors. Lawyers spend days putting these together, to protect the company from the liabilities of inadequate disclosure. Management wishes…
New data from Gallup shows that the unemployment picture is the best it has been since September 2008. This would confirm new ADP data, and may even indicate that the deceleration in job growth economists…
Bill Gross of PIMCO, the huge bond fund, says that the deleveraging of world credit markets and the need for major goverments to sharply cut costs due to mammoth deficits will end in the “death…
The President released his new home modification program with the hope it will do better than the last one called HAMP. HAMP was to modify three million mortgages to make them more affordable. The…
Ford’s (NYSE: F) sales continued to be mediocre compared to most of the other large car companies which market in the US. January sales were only higher by 7.4%. Ford is the only one…
Chrysler, left for dead as its entered Chapter 11 in 2008, made $183 million last year as it sold 2 million vehicles. The news is a victory for the head of Fiat Sergio Marchionne. Chrysler…
Sony’s (NYSE: SNE) revenue fell 9% in the September quarter and the company posted a loss, one of a long series. The Japanese firm also said that its P&L problems would not improve soon.…
The White House and some in Congress favor tax breaks for companies that bring back jobs from overseas. It appears that most Americans do as well, which sets up a tension between job creation…
Some economists believe that China’s government-issued data are flawed. Reuters recently published an article titled “China’s Economic Data (Still) Not Credible.” In it, the author reported: There is a cottage industry that gains directly…
Many of the companies that have entered the online content business have stumbled. Amazon.com (NASDAQ: AMZN) has a service. So does Walmart (NYSE: WMT). There are already several leaders, including crippled Netflix (NASDAQ: NFLX) and…
The proposed merger between NYSE Euronext (NYSE: NYX) and Deutsche Boerse has ended. The EC rejected the plan as anticompetitive. The announcement leaves the two operations each on its own in a world in which exchange…
Facebook will launch an IPO to raise $5 billion. (Reuters) Amazon.com (NASDAQ: AMZN) says costs may drive it to a loss this quarter. (Reuters) Sony (NASDAQ: SNE) appoints Kazuo Hirai as CEO. (Reuters) China’s…
America’s largest content companies are anxious to spread beyond their home markets to the largest ones by population–India and China. These firms can either export the content they create in the US, or buy…
It has been a long time since mortgage backed securities lost most of their value which helped trigger the financial crisis. Some of the value of those bonds was inflated as they were sold from the…
Why should Facebook be free from the patent wars that have rocked the tech world in recent months. Apple has sued multiple rivals, particularly Samsung. Kodak and Microsoft has made patent claims against smartphone…
According to a survey of residential home prices in the top 100 markets in China, prices dropped again in January. The market has been super-hot for over a year, and there have been worries that…
After weeks of back and forth between Greece and private investors represented by the IIF, a deal for the private investors to participate in a restructuring of the nations paper may be near. And, the results for…
The largest holder of Greek bonds is the ECB, so, it has the most to lose if the nation goes into default. Despite the ECB’s position that it can aid the regions banks but…
Troubled Japanese company Olympus may have its financial issues solve by an equity tie up with either Samsung or Panasonic. A deal has been rumored for some time after a financial fraud scandal nearly knocked…
Media reports yesterday, particularly from The Wall Street Journal, said that the $1.2 billion if MF Global customer assets which has been lost will not be found. The New York Times contradicts that, so…