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Caterpillar 2013 Economic Outlook. M.guardian.co.uk. Protesters raise a Greek flag in front of parliament during a rally last year. Nearly 70% of Greeks want to stay in the eurozone – a fact reflected at the polls in the election earlier this month despite no single party winning a majority. Photograph: John Kolesidis/Reuters Far from revealing that Greeks want to exit the euro, the election results send out a clear signal that the policy framework imposed since the crisis began has been wrong and needs to be rethought. The majority of the electorate supported parties that would prefer to keep Greece in Europe, while delivering a strong rebuke to the two traditional parties of government, New Democracy and Pasok, for having brought Greece to bankruptcy and then being associated with the "austerity memorandum" – the terms of the troika bailout packages.

Opinion polls show that 70% of Greeks want to remain part of the eurozone. It is not in the interests of either Greece or the rest of the eurozone to reinstate the drachma. Deloitte's asia pacific economic outlook 2012. UPS to spend $100 million on 4 new healthcare facilities. Algorithms Take Control of Wall Street | Magazine. Today Wall Street is ruled by thousands of little algorithms, and they've created a new market—volatile, unpredictable, and impossible for humans to comprehend.Photo: Mauricio Alejo Last spring, Dow Jones launched a new service called Lexicon, which sends real-time financial news to professional investors.

This in itself is not surprising. The company behind The Wall Street Journal and Dow Jones Newswires made its name by publishing the kind of news that moves the stock market. But many of the professional investors subscribing to Lexicon aren’t human—they’re algorithms, the lines of code that govern an increasing amount of global trading activity—and they don’t read news the way humans do. They don’t need their information delivered in the form of a story or even in sentences. Lexicon packages the news in a way that its robo-clients can understand. An app that jams with you. A good session player is hard to find, but ujam is always ready to rock. —Jon Stokes. Basics.pdf (application/pdf Object) DCF valuation. A discounted cash flow (DCF) is the most fundamentally correct way of valuing an investment. Most other methods of valuation, such as valuation ratios, can, to a large extent, be seen as simplified approximations of a DCF.

The many estimates and assumptions required by a DCF introduce a lot of uncertainty, often making it no better than simpler models. The value of an asset is the value of the future benefits it brings. The value of an investment is that cash flows that it will generate for the investor: interest payments, dividends, repayments, returns of capital, etc. These cash flows need to be adjusted for two things: In a DCF valuation, a discount rate is chosen which reflects the risk (the higher the risk the higher the discount rate) and this is used to discount all forecast future cash flows to calculate a present value: PV = (CF1)/(1+r) + (CF2)/((1+r)2) + (CF3)/((1+r)3) ⋅⋅⋅ The formula above can be adjusted for periods other than a year in the same way as the NPV formula.

So THIS Is How Bloomberg Gets Earnings Reports Hours Before They're Publicly Released... Subscribers to the $1,700-a-month Bloomberg terminal have gotten a gift in the last couple of quarters: Earnings reports for Disney, NetApp, and other companies have appeared on the system hours before they were publicly released. If you're a trader, of course, this is manna from heaven.

The news is on the Bloomberg, so it's not like it's "inside information" anymore. And yet all the schmoes who just check CNBC and Yahoo Finance won't get it for hours. So you can go ahead and take your position and then dump it as soon as the news hits the broader tape. So how is Bloomberg pulling off this miraculous trick?

It's using its head! It turns out that some companies don't want to wait until the 4PM market close to post their earnings online, perhaps because they're worried they'll forget. Humans are creatures of habit, and the humans who post earnings releases on company web sites are no different than any other humans. www.disney.com/earnings/Q22010release www.disney.com/earnings/Q32010release. Present Value of $1 Table. OCS.pdf (application/pdf Object) WACC CALCULATOR - CALCULATE WACC ONLINE!

Econometrics

Here's The Truth About The Future Of The Media Industry.