According to the Washington Post, the bundle of financial incentives Wisconsin offered to lure Taiwanese technology giant Foxconn’s first major U.S. plant is larger than what New York, Virginia and Tennessee collectively pledged to Amazon.com, a comparison of the two development projects shows. Questions: 1. Foxconn has said its $10-billion factory in southeastern Wisconsin will… Read more »
Posts Tagged: Financial Statement Ratios
Sifting through the numbers
According to Bloomberg.com, General Electric (GE) Co.’s last quarter earnings were 28 cents a share. They were also 13 cents a share, 19 cents a share and 15 cents a share — all at the same time. How can this be? Questions: 1. What do the numbers include or exclude? 2. What are the new… Read more »
Will it Work?
Norovirus, salmonella, and E. Coli outbreaks during 2015 at fresh food restaurants run by Chipotle have cost a huge loss of business. However, in mid-February, the chain plans a strategic marketing campaign aimed at trying to bring these customers back. Questions: 1. By how much did comparable restaurant sales fall in the fourth quarter of… Read more »
Oh The Times They Are A-Changing!
Month after month, McDonald’s has shared that once again same-store sales have dropped in the United States. The routine has become so consistently depressing that the company decided to quit sharing monthly performance data altogether this past March. Questions: 1. How many stores will McDonald’s close this year and what percentage more was that than… Read more »
Have you ever wondered how some people get chosen to be profiled on a commercial? You may have seen the American Express Gold Card commercial featuring Sammy’s Fish Box, Sam Chernin’s flagship restaurant on City Island in the Bronx (one of five eateries he currently owns). Most small businesses would like to be featured on… Read more »
Verizon Posts New Numbers
Verizon Communications on Tuesday reported a net loss of $212 million in the fourth quarter of 2011, despite rising iPhone sales and revenue growth in its wireless business, compared with net income of $4.65 billion in the same quarter a year ago, the company said Tuesday. The loss was primarily because of the impact of… Read more »
Kraft Cuts Jobs
Kraft Foods Inc. will cut 1,600 positions in North America as it prepares to split its business in two. The company announced in August that it would split into two independent companies: a global snacks business and North American grocery business. Kraft said the moves are needed to help the businesses run more effectively. Questions:… Read more »
The Comeback Kid?
Pandora, an online radio service, had a public offering of stock on June 15, 2011. Many are saying that its success in the public offering is part of a new tech bubble in the stock market. As of April had 90 million registered members, which is up from 80 million in February. Its members racked… Read more »
Company Profile: Weight Watchers International Inc.
Weight Watchers’ CEO talks about keeping the company trim and profits healthy. Weight Watchers International, Inc. (WWI) is a consumer company and the provider of weight management services, operating through a network of Company-owned and franchise operations. Questions: 1.Â According to the video, how much do consumers pay for Weight Watcher products? Discuss whether you… Read more »
According to William K Black,Â the FBI and the DOJ will not be likely to prosecute the elite bank officers that ran the enormousÂ “accounting control fraudssÂ that drove the financial crisis. While over 1,000 elites were convicted of felonies arising from the savings and loan crisis from the 1980’s and 1990’s , there are no convictions of… Read more »