John Mackey is on a quest to give capitalism the goals—and the respect—it deserves. “Business has lifted humanity out of the dirt,” he said, “and that story has not been told.” The co-founder and co-CEO of Whole Foods Market shared his thoughts on the deeper purpose in business outlined in his new book, Conscious Capitalism: […]
Equity Spotlight: Apple (NASDAQ: AAPL) Apple’s continuous stock price depreciation has shareholder’s contemplating about where the stock price could “bottom out.” An onslaught of fundamental data coming from suppliers and consumers signal that further downward pressure could appear for the equity. Apple issued 2013 fiscal 3Q gross margin guidance of 36% to 37% below its […]
Gold Market: Losing Shine? After falling below $1,521 an ounce, gold prices have officially entered a bear market. Three historical price ranges are in focus. The range $1,487 to $1,548 an ounce is where gold surged higher in 3Q 2011, and prices are already below these levels. Other potential ranges where prices could stabilize are […]
Enactus enables students to apply business concepts and entrepreneurial action in projects that positively affect their communities, combining two key focus areas for the College of Business at Florida International University (FIU): entrepreneurship and community service. When a team from FIU Enactus showcased their projects at the Enactus United States Regional Competition in Atlanta, Georgia […]
Earnings Preview – Japanese Automakers Consensus earnings estimates for Japanese automakers rose to 38.6 YEN (39 Cents) as of April 8th. This is a 26.5% increase from Q4 FY2012 estimates. Rise in estimates are primarily fueled by the recent depreciation in the YEN’s strength by 13.88% during the month of March. The weakening currency has […]
Industry Performance – Investment Banking Goldman Sachs’ 15.7% return led global investment bank stocks in 1Q, followed by Morgan Stanley (15.2%). Both companies have shown a cost control commitment, and the revenue outlook has improved with markets. The two have among the highest capital markets earnings exposure. Nomura’s 14.7% return closely follows, with continued Japanese […]
Florida International University’s (FIU) College of Business and its School of Accounting have been reaccredited for a standard five-year extension by AACSB International, the longest-serving global accrediting body for business schools offering undergraduate, master’s, and doctoral degrees in business and accounting. The business school was one of 17 universities in the United States to maintain […]
Banking – Eurozone Compensation Draft proposals from EU legislators to ban bonuses more than twice bankers’ fixed pay could reduce European bank competitiveness. With the compensation backlash fiercer in the EU, the bloc’s lenders could struggle to retain employees and banking business market share from Asian or U.S. peers. A number of European banks, including […]
The 63rd Annual State Leadership Conference for Future Business Leaders of America-Phi Beta Lambda (FBLA-PBL) yielded impressive results for members of the Florida International University (FIU) chapter. Eleven students from the College of Business won 15 awards, including four first-place finishes, earning kudos from throughout the university, including from the college’s dean, David R. Klock. […]
Building a reputation for a strong work ethic, Florida International University (FIU) accounting grads are making their value known across the nation. This was a key message from Carl Allegretti, Deloitte Tax LLP chairman and CEO. He came to FIU’s College of Business for the first time on March 7, 2013 to serve as Executive-in-Residence, […]
