Deloitte LLP was fined 4.3 million pounds for audit failures of a unit of Serco Group Plc. Additionally, audit engagement partner, Helen George, was fined 97,500 pounds for failure to act in accordance with the fundamental principle of professional competence and due care.
After admission of misconduct by both Deloitte and Helen George, what happened?
Serco Group Plc agreed to pay 19.2 million pounds to settle a six-year fraud probe into false accounting related to what intentional mistatement?
Deloitte’s fine comes just weeks after PricewaterhouseCoopers fine for what?
Amazon.com Inc has just unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, and this move is causing the value of shares of other beauty retailers to drop.
Which beauty retailers does the article mention?
What will Amazon require for purchase?
Do you think this will be a profitable part of Amazon’s business and why?
Reuters staff. (2019). Amazon’s new beauty store for professionals poses threat to beauty retailers. Reuters.com, June 24 (Retrievable online at https://www.reuters.com/article/us-amazon-beauty-products/amazons-new-beauty-store-for-professionals-poses-threat-to-beauty-retailers-idUSKCN1TP21H)
As Business Insider notes, Goldman Sachs is saying that the wide valuation gap between cheap and expensive stocks could close shortly in favor of bargain hunters.
Why are investors reassessing the dynamics of value investing (or the strategy of buying stocks that are trading cheaply relative to the broader market)?
According to Goldman equity analysts, how should stocks that benefit from this shift be identified?
What are the stocks where Goldman sees the highest earnings-related upside relative to the consensus price targets?
Oyedele, A. (2019). GOLDMAN SACHS: An investing strategy that’s been left for dead is now poised to triple the market’s returns. Buy these stocks to profit from the reversal. Business Insider, June 24 (Retrievable online at https://www.businessinsider.com/stock-market-investing-strategy-cheap-stocks-to-buy-goldman-sachs-2019-6)
According to Business Insider, a cottage industry of companies has sprung up to grab a piece of the revenue flowing to over the top (or OTT) advertising. OTT refers to film and television content provided via a high-speed Internet connection rather than a cable or satellite provider. OTT does not mean free, as the term encompasses services such as Netflix, Amazon, iTunes and HBO Now.
What is causing this marketing shift?
Why is this shift causing problems for ad buyers?
Who are the 13 ad-tech companies that stand to win the most in OTT and who have you heard of, if any?
Based on the article, which company do you think will ultimately become the largest ad-tech company?
Which company do you think is the most innovative and why?
Johnson, L. (2019). Ad-tech companies are moving full speed ahead to chase OTT ad dollars. Here are the 13 companies poised to win the most. Business Insider, June 24. (Retrievable online at https://www.businessinsider.com/top-ad-tech-ott-companies-2019-2019-3).