From the category archives:

Marketplace

Disney chairman resigns after John Carter flop

April 26, 2012 Marketplace

By Nicholas Lee Last Friday, Disney’s Chairman Rich Ross resigned from the company after more than 2 years in response to the disappointing box office sales of the company’s latest studio production John Carter. His decision to resign reflected on his inexperience as a studio executive. While he had a vast amount of experience as [...]

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Delta finds solution to rising gas price dilemma

April 26, 2012 Marketplace

By Luke Heaney In a world of extreme energy prices and continued uncertainty about how to predict the future cost of fuel, how can a company protect themselves? Well, Delta Airlines, the nation’s second largest passenger air carrier, has come up with the solution. Buy your own place to make the fuel. There is no [...]

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Retail giant Best Buy loses sales to cheaper online products

April 19, 2012 Marketplace

By Jasper Huang Many may wonder, if you’ve never set foot in a Best Buy store over the past two or so decades, where you purchase your electronics. Where, indeed? The king of big box retailing of consumer electronics in the United States may finally be showing the strains of maintaining its vast empire. Together, [...]

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Goldman’s earnings decrease, CEO’s compensation increases

April 19, 2012 Marketplace

By Alex Grotevant Last Friday, Goldman Sachs, a New York investment bank, released regulatory information. Among this information was CEO Lloyd Blankfein’s compensation for the fiscal year. The records revealed that he was paid a total of $16.1 million. This amount, a fourteen percent increase from his 2010 compensation, comes as a surprise to many [...]

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Groupon’s return policy evidences weak internal controls

April 12, 2012 Marketplace

By Luke Heaney Imagine a product where you could get something at a huge discount, have an insane amount of time to decide whether or not to use it, and once you do use it, you can still get your money back if you did not like it. Sound familiar? No, this is not some [...]

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Son of a stimulus: American JOBS Act signed into law

April 12, 2012 Marketplace

By Nicholas Lee President Obama signed into law the $447 billion American Jumpstart Our Business Startups (JOBS) Act this past Thursday, in an effort to bolster American employment and ease the process for private companies to go public. The bill received bipartisan support from both parties with a House vote of 390-23 to approve it [...]

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Social media giant readies IPO to raise to $10 billion

April 5, 2012 Marketplace

By Jasper Huang Dealogic is a company that monitors corporation IPOs among other sorts of market release information. According to the company, 174 companies launched IPOs in the first quarter of 2012 and raised a total of $16.5 billion USD. Dealogic reported that at this time last year, amount of money raised from IPOs was [...]

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Critical decision-making period in the European Debt Crisis

April 5, 2012 Marketplace

By Alex Grotevant The business world has shown time and time again that when a market or business is spiraling downward, it is best to take action quickly rather than stall. Unfortunately, the continental debt crisis in Europe is not going to fix itself and the European Union collectively needs to formulate some sort of [...]

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U.S. economic recovery continues despite obstacles

March 22, 2012 Marketplace

By Jasper Huang Welcome to the weekly market wrap for the week of March 12 through March 16. Recent articles trending in various business newspapers and magazines have mostly held a positive outlook on the future of the domestic market. The market performance data of this 11 trading week of 2012 is no different, with [...]

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Will rising oil prices interfere with economic recovery?

March 22, 2012 Marketplace

By Jasper Huang Oil prices have continued to rise these past few weeks, and they have risen a cumulative 17 percent since the beginning of 2012. All this serves to do is take more and more money out of consumer pockets and away from spending that could continue to fuel the ‘in progress’ economic recovery. [...]

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The loss of American jobs, and his brother Steve

March 8, 2012 Marketplace

By Alex Grotevant If you have ever taken a close look at the backside of an iPhone, iPod or any other Apple product, chances are you have read (and thought nothing of) three critical words: Assembled in China. In the wake of founder and CEO Steve Jobs’ death, the American multinational technology corporation has come [...]

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Yelp IPO a success but overvaluation still a possibility

March 8, 2012 Marketplace

By Nicholas Lee The popular local search and user review site Yelp, Inc. (YELP) went public last Friday. The San Francisco, CA-based company offered 7.2 million shares at $15 each. At the day’s end of the company’s public debut, the stock price closed at $24.58, a 64 percent increase. As with many dotcom companies that [...]

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