AOL Inc. Purchases Huffington Post at 10x EBITDA AOL Inc. announced on Monday morning that it will acquire liberal newspaper giant The Huffington Post for $315 million, at a cost of over half of the firm’s cash reserves. The firm paid a multiple of 10x EBITDA with $30 million in current EBITDA as a result […]

China’s prospective monetary policy on 2011 Over the last couple of months, China has been under pressure from the United States to revaluate its renminbi. The US claims that China is trying to sustain its trade surplus by artificially depressing the value of the renminbi to make its products more attractive abroad. China’s trade surplus […]

PepsiCo’s New Acquisition PepsiCo Inc CEO Indra Nooyi has retaken the lead in the juice and dairy industry in Russia from Coca-Cola by acquiring controlling stake in Wimm-Bill-Dann Dairy & Juice Co. for $3.8 billion. Sixty Six percent of Wimm-Bill-Dann will be bought by PepsiCo with plans to make an offer for the remaining amount […]

Europe to Set Bailout Rules Europe sealed a €67.5 billion bailout of Ireland on Sunday. The Irish bailout, equivalent to about $90 billion, is intended as a signal that the euro zone will come to the aid of its own. Ireland is the second euro-zone country, after Greece, to call for help paying its bills. […]

GM IPOs Two Years After Receiving Bailout After 2 years of receiving the $49.5 billion bailout by the U.S Government to avoid bankruptcy, General Motors (GM) is once again publicly traded on the New York Stock Exchange (NYSE). Over the past couple of years GM saw how its market share stumbled while foreign competitors like […]

Federal Reserve Chairman Ben Bernanke Asset Purchase Plan The Federal Reserve is planning to purchase more Treasury bonds and has incited critics over inevitable high inflation as well as financial turmoil. The Fed’s $600 billion program might give U.S. exporters an edge but it may also endanger global economic growth. Is the Fed’s plan a […]

Bernanke Asset Purchases Risk Unleashing 1970s Inflation Genie Fed Gears Up for Stimulus For the second time since he became chairman in 2006, Ben S. Bernanke is leading the Federal Reserve into uncharted monetary territory. The Federal Reserve is close to embarking on another round of monetary stimulus next week, against the backdrop of a […]

New York Fed in Support of Mortgage Buybacks Some of the nation’s leading banks have come under fire recently on two fronts related to misreporting on foreclosures and poor underwriting standards for mortgages. Bank of America, the largest US bank by assets, has been in the limelight recently because of a class action lawsuit by […]

Technology Sector Updates: Today, the technology sector saw some action with the Wall Street buzzing notions and speculations on a possible buyout bid for Yahoo involving AOL and some private-equity firms which sent Yahoo’s stock price rocketing up as much as 9.5% early today and with AOL going up 3.38% to $25.97. On Wednesday, The […]

Geithner Calls for More Flexible Currency Regimes With US unemployment still hovering at ten year highs, congressional leaders and economists are pushing the debate further on pressuring the Chinese to appreciate their undervalued currency. Last week, the US House of Representatives passed the currency reform bill, a bill that would grant the Department of Commerce […]