Buyers Remorse at Abercrombie & Fitch?
January 15, 2009
Abercrombie full-price strategy proving hard - Guardian.co.uk | www.guardian.co.uk
While Investors at Abercrombie & Fitch have sounded the alarm about Chief Executive Michael Jeffries’ stubborn position not to run sales promotions in the midst of the worst retail environment in decades and the brands poor merchandising strategy, have contributed to the company’s disastrous performance in 2008. The recent extension of Jeffries employment contract as CEO of the company for another five years has industry experts and stockholders scratching their heads in disbelief.
Something is better than nothing
December 8, 2008
RBS Promises Borrowers Six-Month Respite Before Foreclosing on Mortgages | www.bloomberg.com
The last six months of this frm's operation has seen its share of challenges. Executives and equity holders have experienced severe penaltys for the onging global financial and real estate meltdown. If the equity holders can have something of a planned ROI, it is better than nothing. Sad that we are at this point, but unfortunately we are.
November 10, 2008
Banks to defy Government and raise mortgages rates | www.timesonline.co.uk
Peter Mandelson, the UK Business Secretary, added to the pressure on lenders to pass on the Bank of England's expected base rate cut to homeowners, saying that that banks who did not would face a customer backlash. Henry M. Paulson Jr., the US Treasury Secretary plans to call for the Federal Reserve to be given new, explicit powers to intervene in the workings of Wall Street firms to protect the financial system, adapting his vision of how the financial world should be regulated to reflect the lessons of the collapse of Bear Stearns.
November 10, 2008
Hey, Barack: Hire Me! A four-day plan to restore the U.S. economy By James Cramer | www.thebigmoney.com
This is NOT Jim Cramer bashing! However, let's look at the man's and his employers disclosure! Personally I do enjoy the CNBC educators/entertainers/reporters especially those that have some action in the game, and I firmly believe if the viewer is tempered correctly, and takes this information with its proper disclosures... the information does no harm. And yes, perhaps even does some good!
November 10, 2008
Automakers' $25 Billion Fast-Track Bailout | www.businessweek.com
For too many decades the US Auto Industry has presented its share of troubles to the employees, contractors, investors and customers of Automobiles. The US government recognizes the extreme hardship to the US workers and economy of failing auto enterprizes and desires some variation of a bailout.
November 6, 2008
RBS unveils capital plan as writedown hits £6.1bn | business.timesonline.co.uk
Seems that still today (11/5/2008) that various US financial stock market reporting data indicates symbol RBS (Royal Bk Scotland Group Plc) has a per share price value of USD $1.08 and dividend yield of such an unbelievable nature as well as n/a (as of 12:19 PM EST on 11/05/2008 in USD - NYSE). Investors must have access to reliable information and data along with transparency to evaluate risk.
November 5, 2008
AT&T's Troubling Trends | www.businessweek.com
Personally during the previous 30-years I have utilized the business and services of AT&T land line and wireless services. I have experienced the previous court break-up of AT&T - the dividend destruction of AT&T common stock, and never sure which company the current AT&T would purchase to bring it back to the AT&T of old.
What EXACTLY is in this thing? The “mark-to-market” effect.
November 3, 2008
Deutsche Bank profit plummets 94% | www.bankingtimes.co.uk
Deutsche Bank posted a profit in the third quarter of 2008, but only after adopting EU accounting rules (avoiding a loss by making so-called “mark-to-market” valuations of its investments) that allowed it to apply a new method of valuing its assets. Deutsche Bank senior executives will not be paid bonuses this year and shareholders have been warned that future dividend payouts will be affected by falling profitability this year and next.
October 29, 2008
How Detroit Drove Into a Ditch | online.wsj.com
Ford is expected to move 124,000 units in October 2008
October 28, 2008
GMAC Struggles With Financing | www.nytimes.com
Cerberus Capital Management's current issues with other holdings and issues such as Mervyns, the possible merging of GM and Chrysler, and a very difficult lending environment within GMAC reflect the firms focus towards an eventual profitable book.
February 7, 2012
SOPA and the wisdom of Yogi Berra
January 19, 2012
Larger wafers present a growth opportunity for LEDs
January 6, 2012
Smartphones threaten digital camera industry
December 1, 2011
Google music launches: The end of the end for the music industry
November 22, 2011