Monday, November 26, 2007

The Buffalo News: Business: Buffalo's Business:Greatbatch stakes future on makeover

This is the firm Eric presented in Monday's class

The Buffalo News: Business: Buffalo's Business:Greatbatch stakes future on makeover:
"...the deals mean the company won’t meet its goal of increasing its operating profits to around 20 percent of sales by the end of this year. Those margins have been running around 15 percent in 2007, and analyst Jason Mills of Canaccord Adams says he thinks margins could improve to the upper teens next year. “I understand the frustration and the challenge,” Hook says. “We’re at a little bit of an awkward point.” And that’s what has Greatbatch’s investors nervous."

Tuesday, November 13, 2007

Speculation on E*Trade Hurts Stock - New York Times

Speculation on E*Trade Hurts Stock - New York Times: "
The company has $29 billion in customer deposits. About half the deposits are over the $100,000 threshold covered by federal deposit insurance, according to Mr. Bhatia. Customers are more likely to withdraw cash not covered by government insurance. This summer, a run on a English mortgage lender, Northern Rock, was prompted by concerns about the company’s ability to finance itself in the short-term debt market. The run was dissipated after public officials assured customers that the government would back their deposits. In a note to customers on its Web site, E*Trade’s president, R. Jarrett Lilien, assured customers that it had enough capital to meet regulatory requirements and could absorb a write-down of as much as $1 billion and “remain well capitalized.”"

Saturday, November 10, 2007

"Worst banks crisis" says Deutsche CEO | Reuters.co.uk

"Worst banks crisis" says Deutsche CEO | Reuters.co.uk:
"Deutsche's shares, which had been trading almost 2 percent lower, turned into positive territory after Ackermann predicted no further writedowns beyond the 2.2 billion euros ($3.2 billion) it took in the third quarter."

Friday, November 9, 2007

Protect your shares from $A dazzler - Business - Business - theage.com.au

The day we got done talking about hedging!

Protect your shares from $A dazzler - Business - Business - theage.com.au:
"Well, a rising Australian dollar will affect returns of international share
portfolios that don't have any protection (or hedging) against a fall in the US
dollar, which is occurring right now. (Hedging refers to the process of
protecting investments against, or reducing the risk of, a loss. A common type
of hedging is currency hedging. The value of overseas investments is affected by
rises or falls in the value of the Australian dollar. For example, if the
Australian dollar rises in value, then overseas investments will reduce in
value.)"

Monday, November 5, 2007

Managing World-Wide Risk - WSJ.com

I good article on how firms set up portfolios and manage risks.

Managing World-Wide Risk - WSJ.com:
"Take risks but be tax-conscious -- and hedge your bets. That is the mantra of advisers at RegentAtlantic Capital LLC, a fee-only wealth-management firm that currently favors emerging-markets exposure and alternative investments"

Real time quotes/ LED screen

Check out the Rise Vison web site for the price range/description of the real time quotes: http://www.risevision.com/how_much_does_it_cost.htm.

Friday, October 26, 2007

Student investors exceed beyond buy low, sell high - Features

Student investors exceed beyond buy low, sell high - Features:
"Bridget Hurley, portfolio manager of the class and club, said the group began
in 2002 with $40,000 in donations which has grown into nearly $48,000. In
addition, the group manages $100,000 of the university's endowment. 'For the
university to let us invest their money the way we do ours shows how successful
we've been in the past,' she said. 'We've had annual positive returns.'"