This report is an interpretation and analysis of the financial statements of Tesco in relation to its performance and position in the retail sector. The main aim is to secure an ideal short term investment for Bob in relation to; high dividends, prospects of high dividend growth, high profit growth in the past, prospect of high profit growth in the past and short term investment. The report gives a brief history of the company, its management structure and remuneration, industry analysis, com...
AT&T Inc. (NYSE: T) is a United States telecommunications corporation headquartered in Texas. Founded in 1983 as SBC Communications, it became AT&T Inc. upon purchase of AT&T Corporation in 2005. It is the leading U.S. provider of wire-line and wireless communications. AT&T delivers 3G wireless services through AT&T Mobility LLC, a wholly-owned subsidiary. Other major segments include broadband internet, digital television, directory publishing, and business communications. In 2006, AT&T Inc....
MRF Ltd. is the first Indian company to export tyres to the US, the very birthplace of tyre technology. It is the first company in India to manufacture and market Nylon tyres passenger tyres commercially. In 2004, the company's turnover crossed INR 30 billion mark. The company was given the title of most ethical company by 'Business World' magazine after a survey conducted in 1999. The company, MRF Ltd., originally started as a small manufacturing unit of balloons, latex cast squeaking toys a...
Financial statement is a written report which quantitavily describe the financial health of a company. This includes an income statement a balance sheet and cash flow statements. They are usually compiled on a quarterly and annual basis. The financial statement explains the financial position of an organisation and normally the owners, managers, investors, bank, and the government are the main people interested in a business financial statement. A manager is a person who's in charge of an org...
Offshore financial centres (OFCs) in the recent years have drawn a lot of attention to themselves. This attention can be regarded as both positive as well as negative. OFCs and in particular offshore banks have been questioned of their operations and their services provided. Offshore banks have been quite attractive for their unregulated features where in transactions take place under minimum interference by the country in which they operate (Palan, 1998). Another element that is closely link...
The efficient market hypothesis tends to propound that the market prices of stocks are usually accurately priced which the inefficient market hypothesis tends to deviate from. As such inefficient market is opposed to this assumption/hypothesis. The essence of knowing the price is very important not only to the buyers in the market but also to the suppliers in the market. As far as Economics is concerned, importance in production is pegged on costs which put the price of any goods, from the ra...
High frequency trading is a new topic which proposed in 1999 just after the US Securities and Exchange Commission (SEC) permitting electronic exchanges. Although high frequency trading only captures less than 10% of equity trades in early 2000, it grows rapidly during the subsequent years. According to data from NYSE, high frequency trading grew by 164% between 2005 and 2009. And by 2010 high frequency trading captures over 70% of equity trades in US market and growing rapidly in Europe and A...
The Adoption of Maximizing Shareholders' Wealth as a Primary Corporate Objective. Shareholders wealth is basically the value of shareholders' ownership of shares in a firm at a particular period of time. Shareholders wealth is measured by two major financial concepts, namely: by capital gain increase, which results from an increase in the prices of shares or by increase in dividend payments. Consequently, maximizing the capital gains or dividend payments of a firm can maximize shareholders' w...
The research presents a chronological snap-shot of events leading to Cerberus Capital Management's purchase of the Chrysler Corporation. It details the circumstances surrounding the purchase; explaining how Cerberus' $7.4 billion purchase equaled $650 million to Daimler. It further identifies the Daimler-Chrysler and Cerberus hope and plan to restore Chrysler back to its standing as the third largest automotive company in the United State. In addition, it provides and extensive examination of...
The proposal merger between the Australian Stock Exchange (ASX) and Singapore Stock Exchange (AGX) was announced by the CEOs of both companies on Oct 25, 2010. Since that, it has already been under pressure from Australian politicians - whose approval is necessary to lift a 15 percent shareholder cap - as it was seen as ceding control over a key national institution and a de-facto monopoly. On April 11, 2011, The Australia Treasurer blocked the deal base on that it is not in the national inte...
