Stock market crash

In 1965 Wards expanded through the acquisition of other television and home appliance stores; their move of horizontal expansion helped with their success. In 1984, Wards became Circuit City Stores, Inc. and became publicly traded on the New York Stock Exchange. From the year of 1949 until 2009 Circuit City was one of the leading consumer electronics retailers in the world, but with several poor business decisions in the early 2000’s, it filed for Chapter 11 bankruptcy in 2008 and closed in 2009…

There are multiple ways to value a stock and one such way is the Earnings Per Share (EPS) approach. The EPS of a given firm is the amount of annual earnings available to shareholders (common share) provided on a per share basis (Smart, Gitman, & Joehnk, 2014). The EPS for DUK is 4.09 (see appendix 2). Using this EPS and the stock price as of March 22, 2016, the P/E ratio for DUK is 19.28. This means that for every dollar invested, one would expect $19.28 in return. However, looking…

Assessment 2-Case synthesis: Morgan Stanley 1. Basic empirical facts of the problem Financial industry, the most scrutinized sector, has generated a heated debate regarding ethical and legal issues on illicit gain obtained by utilizing loopholes. Due to the characteristic that a large amount of material and nonpublic information is contained in daily trade, it common that interest-motivated insiders may make use of it to conduct insider trading. Insider trading is defined as trading of…

less visible and less interesting to market agents. The liquidity of its shares is heavily influenced by the company size as smaller company generated and disclosed lesser information to the public, created lower attention and thus lesser analysts to follow up. When this…

Phillips 66- For Phillips 66 (NYSE: PSX) things have gone from bad to worse. After not so impressive start for the year, its shares have further crashed down nearly 6% as the company reported weak fourth quarterly results on January 29. The refining giant posted earnings of $1.31 per share for the quarter, a 20% lower than its earnings of $1.63 per share in the fourth-quarter of 2014. But, its earnings topped the consensus estimates by 5% for the quarter. The fall in its earnings can be…

In this study, a TVP-VAR model with stochastic volatility is used. Initially, the TVP-VAR model was introduced by Primiceri (2005) and Nakajima (2011) to examine the changes in the transmission of monetary policy and the changes in the variances of the exogenous shocks. This study is the first to examine the changes in the transmission of remittances shocks on inflation, savings and TFP in Saudi Arabia over the period 1970-2012. Following Nakajima (2011), we set up the TVP-VAR model with…

exciting new investment opportunity, positive feedback quickly ensues resulting in a euphoria, new risky financial products are created, corruption takes place, and then, finally, the corruption is exposed and expectations are not met resulting in a market crash. Chancellor then goes on to supplement this economic model with both a social and a political condition. I believe this model is closely replicated in the 2008 subprime…

The writer Robert Kiyosaki stated ‘What makes financial literacy and aptitude more powerful than money itself?’ which was a remarkable question written in his book ‘Rich Dad Poor Dad’, in which he explains the importance of financial literacy. Reading this book inspired me to research more about finance and lead me to choose to study it at University as I understood the huge amounts of benefits of being financially cultured such as being able to make financial decision which would save money.…

ce-battle-heats-up.html Market Challenger’s Attacking Strategies: There are five attack strategies generally used by market challangers: 1) FRONTAL ATTACK: It is a head on attack. In this strategy attacker tries to match opponent’s price, distribution and advertising strategies, it tries to convince the market that it’s product is equal or better than the opponents’. 2) FLANK ATTACK: Here the attacker tries to target the weak spots of its opponents to acquire more market. 3) ENCIRCLEMENT ATTACK:…

The Tacoma Narrows Bridge was finished building and was open to the public on June 1st, 1940 in Tacoma, Washington. The bridge was very useful because it had cut the travel time from about 2 and ½ hour drive from Tacoma to the Kitsap Peninsula to about 10 to 15 minutes. The Tacoma Narrows Bridge was the third longest bridge at the time with the length of 1.4 miles. Not even a year after the opening of the bridge on November 7th, 1940, it had collapsed taking no human lives. The exact cause of…