Financial statements guide for beginners'
If you can read a nutrition label or a baseball box score, you can learn to read basic financial statements. If you can follow a recipe or apply for a loan, you can learn basic accounting. The basics aren’t difficult and they aren’t rocket science. more
Global financial overview
Fresh turmoil erupted in the credit markets this week following further grim news on US subprime mortgage lending, prompting a sell-off in equities, a safe-haven flight to bonds and further weakness for the dollar.
Fresh turmoil erupted in the credit markets this week following further grim news on US subprime mortgage lending, prompting a sell-off in equities, a safe-haven flight to bonds and further weakness for the dollar.
Credit markets were hit by Bear Stearns' revelation that two of its hedge funds with heavy exposure to subprime mortgages were virtually worthless.
Three Stocks to Play the Global Infrastructure Buildout
Over the last month, we significantly upped our fair value estimates for some of the largest companies in the global equity markets, namely the multi-industry conglomerates General Electric (NYSE:GE - News), Siemens (NYSE:SI - News), and ABB Ltd. (NYSE:ABB - News). In terms of size, these companies rank 2, 42, and 164, respectively, in terms of market cap on the global equity stage. The stocks have soundly trounced the global equity indexes over the last 12 months with ABB and Siemens...
Writing Off an MBA
I do IT consulting through my S corporation. I have been reading about MBA expense deductions and I was wondering if you could advise me about them. I'd like to get the MBA to further my company's success, but it will cost around $40,000.
The world bank becomes investment fund
New director of World bank, Robert Zoellick, measured to reconstruct work of the organization on the sample of investment funds, transfers Bloomberg. Robert earlier held a post of vice-president in investment bank Goldman Sachs. As considers Zoellick, new strategy will allow bank to become competitive and to depend on crises in the world financial markets less. So, the World bank will offer the services to those countries which credit history does not allow them to take on loan from private funds.
German property group to buy Depfa Bank for nearly 5.7 bln euros
RANKFURT (AFP) — German real estate financier Hypo Real Estate (HRE) is to acquire German-Irish bank Depfa Bank in a surprise 5.7-billion-euro (7.9-billion-dollar) deal that failed to convince investors and analysts on Monday. HRE is offering 6.80 euros per share in cash, plus 0.189 HRE share for every Depfa share held, representing an overall purchase price of 16.14 euros per share for Depfa, the two companies said in separate statements.
Euro strikes another record dollar high
LONDON (AFP) — The European single currency touched a fresh record high against the dollar on Monday, lifted by concerns over the US housing market and favourable interest rate differentials.
