A Goldman Sachs sign at at NYSE. Brendan McDermid | Reuters Goldman Sachs has offered 1 billion ringgit ($241.73 million) to compensate Malaysia for its role in a multi-billion dollar financial scandal involving a Malaysian state fund — but the prime minister of the Southeast Asian country described that amount as “peanuts.” The U.S. financial
Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Atlantic Equities downgraded Caterpillar to ‘underweight’ from ‘neutral’ Atlantic Equities downgraded the stock citing expectations of weaker macroeconomic growth. “Given the relatively larger reductions to our EPS estimates for CAT and GWW, combined with our
With record levels of student loan debt, it’s no wonder recent graduates don’t save for retirement. Studies show that college grads with student loans only save about half as much as those without loans by the time they’re 30. Some employers recognize how difficult the debt burden can be — and are trying to help.
A presentation by professor of corporate finance and equity valuation, Aswath Damodaran. In this presentation, Aswath discusses what he sees as the four key principles of valuing a company. This includes distinguishing valuation from accounting, not focusing purley on modeling, the difference between pricing and valuation and the power of luck. ? Books by Aswath
What do tariffs, Mexico, Europe and the defense industry have in common? President Trump tweeted earlier this month that the U.S. and Mexico reached a deal to avert new tariffs. The Mexicans will send 6,000 troops to their southern border to slow migration from Central America. The agreement bolsters the president’s case for weaponizing tariffs. And this strategy