Remove 2009 Remove Cash Flow Remove Operations
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Consultant Ninja: When "hedging" is just speculation: Management.

Consultant Ninja

Wednesday, March 4, 2009. The Company’s cash flows and results of operations have been adversely impacted by these factors as indicated by its net loss of $5.3 billion during the year ended December 31, 2008. " - United Airlines 2008 10-K, 2 March 2009. March 4, 2009 at 9:54 PM. Way to go, United. "In

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The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures

Harvard Business

While the job losses are a terrible blow to those workers and the families they support and the local economies where the factories are located, the decision could prevent the kind of crisis that resulted in it seeking bankruptcy protection in 2009 and a $50 billion bailout by the U.S. government. Given the shift in immediate U.S.

Cash Flow 130
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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

After the massive stimulus and more than doubling of new bank loans in 2009, the government attempted to stabilize credit growth, but the growth of the shadow banking system exploded instead. It now takes 4 renminbi (RMB) of debt to create 1 renminbi of GDP growth from a nearly 1:1 ratio in the early and mid-2000s.

Finance 74
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Earnings Cheating Season: Is Your Favorite Company Cooking the Books?

MishTalk

A sharp decline in EPS optimism since 2009 has been consistent with previous hiatuses in financial markets. Is there a growing divergence between net income and operating cash-flow? Management has less flexibility to alter cash flow, whereas earnings can be stuffed for all sorts of "funnies". If so (i.e.

Company 69
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SBA Acquisition Loans – A Win-Win-Win Especially for the Seller

Martinka Consulting

2009 - Were there any business acquisition loans? It’s much better for them to buy a larger business with systems, processes and a management team instead of an owner-operator business-and they can do so easier because of the SBA program. Who benefits? Buyers, banks and especially sellers! These buyers want to soar, not coast.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. The differences were dramatic.

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Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect

MishTalk

The market has been trending ever since March 2009. The fact is that valuation measures driven by single-period earnings (whether trailing earnings or forward operating earnings) are poorly correlated with subsequent market returns, mainly because they impose the counterfactual assumption that profit margins can be held constant over time.