Remove 2014 Remove Balance Sheet Remove Operations Remove Strategy
article thumbnail

Why Financial Statements Don’t Work for Digital Companies

Harvard Business

Similarly, Microsoft paid $26 billion for loss-making LinkedIn in 2016, and Facebook paid $19 billion for WhatsApp in 2014 when it had no revenues or profits. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement.

article thumbnail

Former Fed Governor Thomas Hoenig Says US Banks Undercapitalized, Unsafe, and Unsound

MishTalk

percent of assets at the end of 2014, well above required regulatory minimums. percent at the end of 2014. Thomas Hoenig on State of US Banks Let''s take a look at April 2 statements by Thomas Hoenig in the FDIC Release of Fourth Quarter 2014 Global Capital Index. That is, they operate with between 1.5 percent (column 8).

Banking 28
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Here are some strategies to improve your financial intelligence. See More Videos > See More Videos > Tackle the balance sheet. Overcome your fears. Related Video.

Finance 28
article thumbnail

Seven Charts Explain Why Chicago Bonds Rated Junk

MishTalk

Chart #2: Growing Payments While the current state of the city’s balance sheet is dismal, the real problem relates to what is expected to develop over the next decade. Chicago pension plan payments are expected to double from 2014 to 2015, and will then continue to rise for another decade before they begin to decline.

article thumbnail

The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business

As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations. And in 2014, Pfizer, the U.S. According to the World Trade Organization, international trade this year will grow at its slowest pace since 2007.

article thumbnail

Back in the Saddle, Just in the Nick of Time

MishTalk

The bank has no plans to securitize its originations, and it won’t keep any servicing rights or build out a servicing operation, Ally spokeswoman Gina Proia said in an e-mail. Today, Ally has a pristine balance sheet and is focused on its strengths with its leading domestic automotive services and direct banking franchises.”

Mercer 28
article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Operating revenue decreased 15.9 An updated study by Ahir and Loungani (2014) finds that the private-sector’s record of failure to predict recessions remained intact through 2008 and 2009. When the bubble bursts, the resulting debt overhang forces borrowers to repair their balance sheets via reduced spending or default.