A report that my team and I compiled that assesses the potential of commercializing a process called cold sintering. This report was prepared for Penn State’s Office of Technology Management.
The United States of America ranks number one in the number of prisoners, but only 14th in the world for education. There are three components to this drastic issue that need reformation: (more…)
Click to view an investigative report I participated in on how insurance companies are unfairly compensating private practices when comparing the same provided services.
Even though unemployment is at 4.5%, underemployment is a growing issue in our economy today. There are two prevalent views from economists on how to deal with this problem. The first solution is that the government should intervene and make the public sector hire more employees. Other economists instead favor the idea that the private sector should instead create more jobs in the future. (more…)
Back in the year 2006, Japanese multinational conglomerate Toshiba Corporation purchased the United States’ based nuclear company Westinghouse Electric Company LLC for $5.4 billion right before the nuclear industry was expected to take off. (more…)
Origin of Spotify
Approximately 10 years ago, Spotify Ltd. was launched in Stockholm, Sweden and since then has gone to employ over 1,600 workers and has revolutionized the music industry. Spotify has over 50 million paid subscription based users and millions more ad-based users. (more…)
Innovation is crucial when operating a business. When a company doesn’t innovate, it falls behind its competitors and inevitably becomes obsolete. Here is a timeline of how Blockbuster failed to innovate and therefore was taken down by its competitors. (more…)
EV per share= (market value of common stock + market value of preferred equity + market value of debt + minority interest – cash and investments)/ diluted shares outstanding
$3,241.9072 million+$0+$0+$0-$247.934 million=$2,993.9732 million/183.413 million= (more…)
WACC of 5 Financial Companies
Bank of America Corporation: 5.78%
The Goldman Sachs Group: 3.79%
JPMorgan Chase & Co: 5.03% (more…)
CME Group (CME): Futures Exchange Company from Chicago, IL
Beta: 0.82, this beta is fairly low for a company in the financial sector, being 18% less volatile than the stock market. However, when compared to similar companies such as Intercontinental Exchange (ICE), this beta isn’t abnormal.
P/E: 27.52, this is a high P/E ratio for a financial company. Competitors such as Goldman Sachs (GS) and ICE have P/E ratios of 15.80 and 23.31 respectively. (more…)