British buyouts drop 95% since Brexit vote
Private equity deals in the UK have fallen 95% since the country voted to leave the EU, with 17 deals worth $165 million completed from June 24 to Aug. 2, according to Dealogic. European private […]
August 2016
Twitter announces expansion of Moments to all users
Twitter intends to expand its Moments feature to all its users in the coming months, but in the meantime, it is opening it up to more brands, influencers and partners. Moments focuses on tying together […]
US household debt hit $12.29T last quarter
US household debt reached $12.29 trillion in the second quarter, a $434 billion increase on a year-over-year basis, a Federal Reserve Bank of New York survey found. Auto debt rose $97 billion from a year […]
Yelp beat all analysts’ expectations
Given how strong of an earnings reporting Yelp (NYSE:YELP) released on Tuesday night, it’s no surprise to see its stock climbing higher on Wednesday, up almost 13%. The company beat on earnings per share and […]
South Korea’s household debt climbs again
South Korea’s heavy burden of household debt expanded in July, with the balance of household loans extended by local banks growing 6.3 trillion won from June. The total is now 673.7 trillion won, encouraged by […]
Chinese banks post slower profit growth for H1
Commercial banks saw annualized profit growth of 3.17% in the first half of 2016, a slowdown from recent gains, according to the China Banking Regulatory Commission. Assets were up 15.7% from a year before, and […]
HBR – A Quick Guide to Value-Based Pricing
Value-based pricing is an effective method to price products. It’s a lot easier in practice than it appears to be in theory. The marketer needs to identify and assess its products’ differentiated features only (except […]
Stress test: Fannie, Freddie could need $126B to survive crisis
US housing-finance agencies Fannie Mae and Freddie Mac would need a major infusion of taxpayer cash to survive a financial crisis, a stress test by the Federal Housing Finance Agency has found. A major economic […]