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Lululemon Product Chief to Step Down After Pants Recall
*from www.bloomberg.com, April 4, 2013 (To view original article click here.)
Take Away #1: Lululemon Atheletica Inc. (LULU), the yoga-wear maker that last month recalled shipments of women’s pants for being too sheer, said Chief Product...
Michael Dell Said to Consider Blackstone LBO Only With CEO Guarantee
*from www.bloomberg.com, April 1, 2013 (To view original article click here.)
Take Away #1: Dell Inc. founder Michael Dell will only consider backing a buyout by Blackstone Group LP if the firm guarantees he can remain as CEO.
Key Facts and...
SAC’s Steinberg Arrested as Probe Gets Closer to Cohen
*from www.bloomberg.com, Mar. 29, 2013 (To view original article click here.)
Take Away #1: SAC Capital Advisors LP fund manager Michael Steinberg was arrested by FBI agents as the probe of insider trading at the $15 billion firm got one step...
Biogen Gains U.S. Approval to Sell Its First Pill for MS
*from www.bloomberg.com, Mar. 28, 2013 (To view original article click here.)
Take Away #1: Biogen Idec Inc., the fourth largest U.S. biotech company by market value, rose to a record after it won U.S. approval for its first pill for multiple...
Lehman Plans to Distribute $14.2 Billion to Creditors
*from www.reuters.com, Mar. 27, 2013 (To view original article click here.)
Take Away #1: Lehman Brothers Holdings Inc. said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence...
NRG Skirts Utilities Taking Solar Panels to U.S. Rooftop
*from www.bloomberg.com, Mar. 25, 2013 (To view original article click here.)
Take Away #1: NRG Energy Inc. (NRG), becomes a renegade in the $370 billion energy-distribution industry by providing electricity directly to consumers.
Key Facts...
Biggest Solar Collapse in China Imperils $1.28 Billion
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. (STP) after the solar manufacturer said it wouldn’t resist...
Wells Fargo Should Have Failed the Stress Test
*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Shortly after the Federal Reserve released the results of its recent stress test, Wells Fargo themselves said it had no idea how the Fed came up with...
Apple Seen Raising Dividend More Than 50% to $16 Billion
*from www.bloomberg.com, Mar. 18, 2013 (To view original article click here.)
Take Away #1: Apple is poised to boost its dividend by more than half, providing investors one of the highest yields in the U.S. technology industry.
Key Facts and...
JPMorgan Report Piles Pressure on Dimon in Too-Big Debate
*from www.bloomberg.com, Mar. 15, 2013 (To view original article click here.)
Take Away #1: Efforts by JP Morgan Chase & Co. (JPM) to hide trading losses were outlined in a 301- page report by the Senate Permanent Subcommittee on Investigations.
Key...