Description: Shares of Beyond Meat Inc. BYND, -3.91% sank 3.2% in midday trading Thursday, after analyst Brian Holland at D.A. Davidson started coverage of the plant-based meat company with a rare bearish rating, citing concerns over the total addressable market of “non-meat” eaters over the longer term. Source: MarketWatch.com Date: Sep 06, 2019 Link: https://www.marketwatch.com/story/beyond-meats-stock-falls-after-da-davidson-analyst-starts-coverage-with-a-rare-bearish-rating-2019-09-06?mod=mw_theo_homepage Questions for discussion:… Read more »
Posts Categorized: Company Analysis
In a world of disappearing income, these stable stocks pay a high dividend yield
Description: In a world of falling and even negative interest rates, investors are searching high and low for yield. Source: CNBC.com Date: Sep 04, 2019 Link: https://www.cnbc.com/2019/09/04/in-a-world-of-disappearing-income-these-stable-stocks-pay-a-high-dividend-yield.html Questions for discussion: What do you think about the advice presented to investors in this report? What are the risks to investors who choose to follow the advice?… Read more »
WeWork Is Going Public. Are Its Numbers Too Private?
Description: As the fast-growing purveyor of shared work space prepares for an I.P.O., its filings lack some important insights. Source: NYTimes.com Date: Aug 29, 2019 Link: https://www.nytimes.com/2019/08/29/business/wework-ipo.html Questions for discussion: What are the concerns expressed in the article? What do you think of the WEWORK business model, from an investor’s point of view?
Roku is growing even faster than Netflix did at the same point, analyst says
Description: Roku’s streaming business is growing faster than Netflix was at a similar stage in the company’s life, according to analysts at William Blair. The firm said it expects Roku to reach 80 million active accounts by 2025. Source: CNBC.com Date: Aug 27, 2019 Link: https://www.cnbc.com/2019/08/27/roku-growing-faster-than-netflix-did-at-same-point-william-blair-says.html Questions for discussion: Why is this financial analyst so optimistic about the… Read more »
Jarislowsky calls for SNC shareholder vote on ‘Machiavellian’ sale of Highway 407 stake
Description: “The board of SNC-Lavalin is seemingly content to deny shareholders the chance to retain a top-quality investment. Instead, with this 407 sale, shareholders are forced by its own board to gamble on rescuing a now near-worthless asset, a deal that strikes me as cruel and Machiavellian,” Jarislowsky wrote in an open letter published Monday on the website… Read more »
Apple’s iPhone trade-in boost has just begun
Description: Apple Inc. may have just seen its worst sequential drop in iPhone revenue for any March quarter in the company’s history, but investors seem optimistic about where the smartphone giant is headed. Shares of Apple AAPL, +7.05% were up 6.2% in Wednesday morning trading, putting the company on track to reclaim a $1 trillion valuation. The stock would… Read more »
Yum Brands shares fall after Taco Bell and Pizza Hut same-store sales growth disappoints
Description: Yum Brands reported first-quarter earnings Wednesday that beat Wall Street’s expectations, but weaker-than-expected same store-sales growth at Taco Bell and Pizza Hut disappointed investors. Source: CNBC.com – video report Date: May 01, 2019 Link: https://www.cnbc.com/2019/05/01/yum-brands-q1-2019-earnings.html Questions for discussion: Summarize and evaluate the financial results presented in this report. Do you think the stock looks attractive… Read more »
Bombardier to scrap controversial executive compensation plan
Description: Market regulator said plan to allow sale of shares met the rules, but could lead to negative perceptions Source: CBC.ca Date: April 26, 2019 Link: https://www.cbc.ca/news/business/bombardier-compensation-plan-1.5112398 Questions for discussion: What was the perceptual problem here? Why do you think the firm didn’t act on its own initiative to change this compensation plan? Do you… Read more »
Uber IPO: 5 things you need to know about potentially the biggest IPO in years
Description: Ride-hailing startup will report some nontraditional metrics as it seeks to provide information on much more than ride hailing Source: MarketWatch.com – video report Date: Apr 26, 2019 Link: https://www.marketwatch.com/story/uber-ipo-5-things-you-need-to-know-about-potentially-the-biggest-ipo-in-years-2019-04-12?mod=mw_theo_homepage Questions for discussion: Summarize the assessments made about Uber’s IPO. Do you agree?
Yamana Gold cleans up balance sheet with $1-billion sale of Brazilian mine to Lundin Mining
Description: The company plans to apply the entire proceeds from the Chapada mine sale to reduce its $1.6 billion debt pile Source: FinancialPost.com Date: April 15, 2019 Link: https://business.financialpost.com/commodities/mining/yamana-gold-cleans-up-balance-sheet-with-1-billion-sale-of-brazilian-mine-to-lundin Questions for discussion: What are financial considerations for this deal for each firm? Is the deal good for investors of each firm? Would you be buying… Read more »
Fundamentals of Corporate Finance
- Introduction to Corporate Finance, Fourth Canadian Edition
Laurence Booth (University of Toronto), W. Sean Cleary (Queen's University ) - Investments: Analysis and Management, Third Canadian Edition
W. Sean Cleary (Queen's University), Charles P. Jones (North Carolina State Univ.)