Doing for the Stock Market What I Tried to Do with Reverse Mergers
By David Feldman at 13 December, 2008, 6:27 am
It’s no secret that successful stock traders have been confined to an exclusive club, and that consumers lose billions annually because they lack the skill and confidence to properly invest. One company wants to put all that to an end today with the launch of WeSeed.com, a new community investing website dedicated to demystifying the stock market and enabling real, everyday, people to learn, share, grow and invest on their own terms.
Read More >>Sell & Buy Side Firms Show +500% Annual Rise
By David Feldman at 12 December, 2008, 4:31 am
Equity trade ideas have become one of the fastest growing investment products in the Asia Pacific region, with recent growth spurred by market volatility and worldwide changes in the financial services industry, according to youDevise Limited. Trade ideas are short-term, client-specific trading recommendations, developed by institutional brokers for their clients, to enhance buy side performance and generate sell side commissions. youDevise’s Trade Idea Monitor (TIM) is the leading “alpha capture” system used by more than 6,600 traders and portfolio managers at 419 brokerage firms, hedge funds, and other money managers, to create, distribute, and track ideas.
Read More >>1/3 of Companies Have Cut Marketing Budgets this Holiday Season
By David Feldman at 11 December, 2008, 4:46 am
According to a new study conducted after the financial market meltdown by BDO Seidman, 32% of chief marketing officers at leading U.S. retailers state that their holiday marketing and advertising budgets have been reduced this season. Further, nearly half (43%) of the retailers say their budget will remain flat and only a quarter cite an increase in advertising and marketing spending this holiday season. Most of the retailers will spend the majority of their advertising and marketing budget on print advertising, while 21 percent will focus on broadcast outlets and 19 percent will focus spending on internet advertising, including social networking sites. Indicative of an increased interest in going green, a sizable 43 percent of retailers will be increasing their advertising and marketing focus on green products this holiday season, which is up from 37 percent in 2007.
Read More >>Tip of the Week: What Happens When Non-US Companies are Involved in a Reverse Merger?
By David Feldman at 5 December, 2008, 4:54 am
Some transactions are not structured as mergers but also achieve avoidance of shareholder approval. For example, most reverse mergers involving foreign companies, which generally cannot engage in direct mergers with U.S. entities, involve a simple exchange of shares. The shell and the private company’s shareholders agree that the private company’s shareholders will give up their shares of that company in exchange for shares of the shell. The shell, if it has sufficient shares available, approves that issuance through its board. Again, no shell shareholder approval is required.
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