Stock market crash

1.1 Overview of “The world is flat” by Thomas. L. Friedman Friedman has divided the globalization history into three important parts as Globalization 1.0(1492-1800), Globalization 2.0 (1800-2000) and Globalization 3.0 (2000 onwards) where the world shrank from large to medium (country globalization), medium to small (companies globalization) and small to tiny (individual globalization) respectively. The author has stated the 10 factors that have played a crucial role in flattening the world as…

KPMG is one among the Big Four. The latter designates the four largest financial audit groups worldwide that are Deloitte, Ernst & Young, PricewaterhouseCoopers and KPMG. In fact, the company's name stands for Klynveld Peat Marwick Goerdeler which is a merger between two auditor companies Klynveld Main Goerdeler and Peat Marwick. Actually KPMG is operating in 152 countries. Each national firm is an independent entity that is part of the universal KPMG network and so member of the KPMG…

and gas equipment services provider National Oilwell Varco (NOV) has declined to its 52-week lows after losing half of its value on the stock market this year. Now, while it is a given that companies related to the oil patch will see weakness in their stock price, I think that the market has been too harsh on National Oilwell. This is because despite the end-market challenges, the company has managed to beat bottom-line estimates in each of the last four quarters. A weak rig count has weighed…

Martha Stewart lied to investigators and her company’s investigators about it. On Dec. 27, 2001, Stewart cashed out her ImClone stake at an average price of $58.43, collecting about $229,500 (U.S. Securities and Exchange Commission, 2003). After the market closed the following day, the Food and Drug Administration announced its refusal to review ImClone's application for Erbitux, a promising cancer drug. The next trading day, Dec. 31, ImClone's shares opened at $45.39 per share. That difference…

Is the lottery a good idea or not? Did you know that 5 in 176,000 win the lottery? Well they do according to Lewis humphries the more you spend on the lottery to less chances you get of winning the lottery! In 2000 the big game jackpot grew to $363 million dollars by 2013! The statement here is that the lottery is a good idea! How much money do people spend on the lottery? $50.9 billion dollars are spent on the lottery. That's in total that 13 dollars a month to each person that does the…

1. What is the maximum amount of new loans that this bank can make? The bank is only required to keep 10% of the demand deposits as reserves. 10% of $99000 is $9900. The bank can therefore make loans up to $99,000 - 9900 = $89,100. It has actually made loans worth $66,000. So even with no change in the required reserve ratios the bank can still make additional loans worth $23,100. 2. Assume that the bank makes these loans. What will the new balance sheet look like? If the Fed reduces…

now is drafted, the answer you need training. Suppose a stock has performed below cost. Value of exercise is profitable if you choose to make stock. If the current stock price is below…

a well-known icon and tourist attractor in New York City starting back in the 80s. Being placed on Wall Street the Charging Bull is believed to bring good luck to the New York’s stock exchange. The Charging Bull in New York City, depending on the context and culture can signify power of American people or New York’s stock exchange. As the signifier being the bronze charging bull on Wall Street, one of the signified meanings resembles the power of American people. Through the result of American…

In the states of Virginia and New York, trades secrets consist of, “of a formula, process, device, or compilation which one uses in his business and which gives him an opportunity to obtain an advantage over competitors who do not know or use it.” Trade secrets are typically protected by nondisclosure agreements. For example, Virginia is one of several states that have adopted the Uniform Trade Secrets Act; however, New York has not yet adopted the Uniform Trade Secrets Act The damages for theft…

industry benchmarks. Once I do that I will take a look at which ratios are strong and which ones need improvement. I will take it a little step further based off of the information that I receive to determine that if I was a stock investor whether or not I would buy the company’s stock. Finally, I would take a look at it from a bond investors stand point to see whether or not I would buy the company’s bond. Game Stop vs. Industry…