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Some examples

Siemens Ltd. (14 Jan 2009) sold its IT division to its parent co. and came out with a matter of fact press release to the shareholders and the rest of the world saying it’s divesting a low-margin business. The consideration: Rs.449 crore, for a [...]

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Okay, so the U.S. is solidly in recessionary territory. The fundamental economic data are lousy, trends are down, consumers and businesses are retrenching, and nobody is happy. We know that, if current forecasts are accurate, the fourth quarter of 2008 will be the worst in terms of economic performance and at least the two following [...]

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When the U.S. government refused to bail out Lehman Brothers and no buyer could be found for the tottering investment bank, traders and investors around the world realized something terrifying: their profits—worse yet, their capital—were at risk, and the Fed’s lack of action proved no one was going to save them.
Results Round One
The result was [...]

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