Search Results
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Medtronic: Making the Big Leap Forward (A)
In 2014, Medtronic was about to execute a $50 billion acquisition of Ireland-based Covidien. Medtronic CEO Omar Ishrak was committed to building the largest medical technology company in the world while broadening its ability to fulfill its mission of "alleviating pain, restoring health, and extendi... More
Language: ENGCopyright: 2017 -
Medtronic: Making the Big Leap Forward (B)
On December 1, 2014, Medtronic announced that it had completed a $17 billion bond sale to finance the Covidien acquisition, officially completed on January 26, 2015. Medtronic's legal headquarters moved to Ireland, while its operational headquarters remained in Minneapolis, Minnesota. In this case s... More
Language: ENGCopyright: 2017 -
Language: ENGCopyright: 2017
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Gotong Royong: Toward Sustainable Palm Oil
In late 2015, Jeff Seabright, Chief Sustainability Officer at Unilever, had to report to Unilever CEO Paul Polman on the effort to transform the cultivation of oil palm. Historically, palm oil was produced using unsustainable methods that included burning large tracts of forest land which destroyed ... More
Language: ENGCopyright: 2016 -
Signet Jewelers: All That Glitters...
Marc Cohodes, a renowned short-seller, has identified weaknesses in Signet's business strategy, which he argues is heavily reliant on providing loans to customers with subprime credit score. He believes that the company accounts for its receivables portfolio using recency accounting to hide the prob... More
Language: ENGCopyright: 2017 -
The IMF: the Washington Consensus, the critics, and the New Challenges as China Rises
How the International Monetary Fund (IMF) defined and carried out its mandate has evolved considerably since 1944, when it was founded to serve a vital but narrow function in maintaining the global foreign exchange system and thus enabling international trade. This note gives an overview of the IMF'... More
Language: ENGCopyright: 2011 -
Signet Jewelers: Assessing Customer Financing Risk
Marc Cohodes, a renowned short-seller, has identified weaknesses in Signet's business strategy, which he argues is heavily reliant on providing loans to customers with subprime credit score. He believes that the company accounts for its receivables portfolio using recency accounting to hide the prob... More
Language: ENGCopyright: 2017 -
Signet Jewelers: Assessing Customer Financing Risk
Marc Cohodes, a renowned short-seller, has identified weaknesses in Signet's business strategy, which he argues is heavily reliant on providing loans to customers with subprime credit score. He believes that the company accounts for its receivables portfolio using recency accounting to hide the prob... More
Language: ENGCopyright: 2017 -
Accounting for the iPhone Upgrade Program (A)
On September 9, 2015, Apple Inc. announced the "iPhone Upgrade Program," a new way to purchase iPhone models 6s and 6s Plus in Apple's retail stores throughout the U.S. Next to the strategic implications of the Upgrade Program, financial analysts tried to understand the accounting implications, espe... More
Language: ENGCopyright: 2016 -
Accounting for the iPhone Upgrade Program (B)
In October 2016, Apple Inc. announced the financial results for its fiscal year 2016. CEO Tim Cook commented on a very successful fiscal year 2016 and focused on all the positive financial results. However, Apple's 2016 annual report was also telling another story. Apple's total revenue had decrease... More
Language: ENGCopyright: 2016