Morgan Stanely Cuts Coming
Morgan Stanley has announced a plan to cut 1600 employees in the first quarter of 2012, a cut that only represents 2% of their workforce; nevertheless, the cuts signal a…
Michael Kors Holdings Surprises Market
The luxury lifestyle company Michael Kors Holdings surprised everyone recent, raising almost $1 billion in an initial public offering. 47.2 million shares were sold, each for $20. This generated proceeds…
Good Economic Signs
There are good signs for the economy as the U.S. bank credit grows. Recently, it has been growing at its fastest pace in three years, offering a new confidence to…
Moody’s Analytics Puts Spotlight on Texas
For many in the business world, it appears that Texas may be the place to be. Texas added 1.2 million net jobs since December of 2000, when Rick Perry took…
SAP Looking to Purchase SuccessFactors
Germany’s SAP has just announced a $3.4 billion cash deal for the purchase of U.S. web-based software company SuccessFactors. SuccessFactors went public four years ago at $10 a share. Competing…
Fitch Rating Won’t Change Soon, Analysts Say
Fitch Ratings has let America know that there is little chance that the American rating will be influenced in the coming year by world events. A top analyst with the…
Yelp Files for Initial Public Offering
Yelp is going public. Filing on Thursday with the Securities and Exchange Commission, they are hoping to raise $100 million in an initial public offering. Best known for their restaurant,…
White House Announces Largest Boeing Deal Ever
Only one week ago, Boeing gushed that it had landed its biggest aircraft order ever. The order came from Dubai’s Emirates which ordered 50 Boeing 777s, with a total value…
Inspirational Business Woman Leah Brown
Inspiration comes from many locations. Leah Brown is one such inspirational business woman, having built her own health care research firm while single-handedly raising two sons. Now, her goal is…
Economy Showing Slight Gains, Agrees Eric Green
While it may not sound like terrific news, it’s certainly better than nothing. The US economy showed a growth in October, adding 80,000 jobs. The unemployment rate also moved down…