Corporate failure - analysing the analysts

Article Abstract:

Analysts are often made scapegoats for the failure of a company. Critics and financial market players blame analysts for not warning the financial community about the imminent failure of a company. Analysts typically are not prone to criticize companies because, if the analysts' firms are also the companies' brokers, the companies may sever their relationship with the analysts' firms. In addition, companies that are criticized by analysts may cease to have any business dealings with the analysts' firms. To answer criticism that analysts do not sufficiently search for negative information on companies, the accounting community is reforming standards. Criticism of companies is becoming more open, and the shake-up among stockbrokers means that only the best analysts will retain their jobs.

Analysis, Stockbrokers, Business failures

---

The stock exchange in the ring

Article Abstract:

The London Stock Exchange has undergone dramatic changes since the deregulation of the UK financial markets and the Stock Market Crash of 1987. Restricted membership and fixed commissions have been abolished, and members are experiencing unprecedented losses, which have severely reduced the ranks of market makers in the equity and gilt markets. Exchange Chmn Andrew Hugh Smith believes that London will continue to be the world's premier financial market because it has a significant advantage in that a community of securities houses has been established in London for many years. However, the Exchange is facing problems in the areas of transparency, insider trading, and liquidity.

United Kingdom, Stock-exchange, Stock exchanges, London, England, London Stock Exchange PLC, Smith, Andrew Hugh

---

Based in the office

Article Abstract:

Visual aids and office products manufacturer Nobo Group PLC is reaping the rewards of increasing its sales and marketing budget in the middle of a recession. Notwithstanding a decline of 20% in its sales, 65% in its operating profit, and 80% in its share price, the Nobo Group padded vital parts of its sales and marketing budget by 30%. Results of the move included an all-out presentation at a major trade show, which was avoided by major competitors to save costs, and the implementation of a computer system with electronic data interchange capability. The firm consequently reported strong invoiced sales, which proved to be sustainable, across three of its strategic business.

Computer and Office Equipment, Office equipment and supplies industry, Office equipment industry, Company Profile, Nobo Group PLC

Similar abstracts:

• Abstracts: Corporate finance: joining the cut and thrust. Accountants in charge. Suits you, sir
• Abstracts: The future of accounting standards. Changing roles on the City stage. The future of the accountant in industry
• Abstracts: City life, and how it can end. The Community's challenge to the City. Old loyalties in a new market
• Abstracts: After Caparo: who takes the risk? Auditor's fate in the crucible? The Caparo case: a Victorian view
• Abstracts: If you're standing still you're dead! Are the City's analysts being gagged? A taste for independence

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.