Reading Time: 2 minutes Week in review 042009 – 042509 According to Obama administration‘s stress test, the magic number is 19. Basically they are saying the US gov will do whatever necessary to keep the big ones afloat because they are systematically important. Or in laymen’s words, they are too big to fail. Sorry, those smaller ones, I mean… Continue reading How many banks are too big to fail?
Reading Time: < 1 minute 1) PTC woes: last week Goldman Sachs, the No. 1 broker in the US (and world), upgraded PTC (a PLM software vendor) to “buy”, and raised its target from $22 to $24. On July 5, PTC says it’s going to miss the 3rd revenue estimates. I guess the GS analyst would be pretty upset by… Continue reading Week in Review 07-01 to 07-07