Monthly Archives: September 2013

J.P. Morgan’s Climbing Settlement Talks

A settlement of $11 billion or more would mark the highest such deal ever struck by the Justice Department with a single company. The public is eyeing whether J.P. Morgan will admit wrongdoing as part of a settlement. Government negotiators … Continue reading

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The Affordable Care Act

The Affordable Care Act (ACA) does a lot of different things, all at the same time. A majority of people say in surveys they don’t understand the “new marketplace”. The health exchanges created by the ACA are set to open … Continue reading

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Alibaba Group Holding Ltd Look to the U.S. for an IPO

Alibaba’s original plan to IPO on Hong Kong’s stock exchange was shot down, as the exchange was unwilling to accommodate CEO Jack Ma’s management structure. Their request was to allow partners to retain control over board nominations. This would allow … Continue reading

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The Debt-Ceiling

Over the week, the discussion of the debt ceiling has become more of a concern. To start, the debt ceiling is a fixed amount set by Congress on how much outstanding debt the federal government can have. This applies to … Continue reading

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Homebuilders Show Housing Recovery Hasn’t Crumbled Yet

Housing recovery hasn’t been shaken by the threats of rising interest rates. Two of the nation’s largest homebuilders put up better than expected quarterly figures in a period when economist worried interest rate would weaken the housing recovery’s strength. Lennar … Continue reading

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JC Penney Announces Equity Offer Hours After CEO Ullman Denies Need to Raise Capital

JC Penny that has about 2 billion market capitalization making it one of the smallest companies in the S&P 500 by stock – market value, caused drama late Thursday with the news that it would launch a share offering. On … Continue reading

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Chrysler Files for I.P.O.

Chrysler filed for a public stock offering on Monday, September 23rd. However, there is a huge conflict of interest regarding the I.P.O. The announcement was due to pressure after negotiations stalled between Fiat, the company that controls Chrysler, and The … Continue reading

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