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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Big Picture.

Sales 73
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Milestones in Bond Insanity: Negative 10-Year Yield on Swiss Bonds, Mexico Sells 100-Year Bonds Denominated in Euros; Are 1000-Year Bonds Next?

MishTalk

Foreign-exchange markets were thrown into turmoil. Mexico’s interest in selling the bond at 100 years was partly to extend the maturity of its debt stock, but also to expand its presence in the euro bond market, said Alejandro Díaz de León, head of public credit at the Mexican Finance Ministry. “By and aggressively bought bonds.

Finance 28
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BearingPoint Interview Preparation – Mystery or History?

Management Consulted

On February 8th, 2001, KPMG Consulting, LLC, went public on the NASDAQ starting at $18 per share under the ticker “KCIN” Their IPO was 6 months delayed due to the quickly declining high-tech consulting services market. Digital Marketing, Sales & Customer Services. Capital Markets. Practice Areas.

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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business

Due to the fast growth of the SaaS market and the high valuations of SaaS startups, a move toward SaaS seems very compelling for traditional software vendors. For example, Adobe’s finance team estimated that the cost of running both models side by side would cost them twice as much as simply offering one of the models.

Company 28
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Apocalypse Illinois: IOUs Projected to Hit $10.5 Billion, $163 Billion Total Accumulated Liabilities

MishTalk

Slowly but surely, Illinois government is beginning to drown in red ink, State Comptroller Leslie Munger said today, as the cost of the continuing Springfield budget war steadily worsens the already bad condition of state finances. Figure 1 shows that the state of Illinois has run deficits in every fiscal year since 2001.

Finance 28
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The Real Reasons Companies Are So Focused on the Short Term

Harvard Business

This has been a remarkable year for the markets. ” What was reported to happen as a consequence of this shift was a steady decline in firms’ R&D intensity (R&D/Sales) and a corresponding decline in firms’ R&D capability. This means they generate less revenue, profit and market value per dollar of R&D.

Company 28
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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.