In the face of one of the toughest economic recessions in recent memory, many companies are increasing the amount of cash reserves they maintain. Even with claims that the economy is improving, companies continue to stockpile cash and increase these reserves. Stockpiling seems to be highest in the technology sector, but giants like Alcoa and… Read more »
Posts Categorized: Strategy
Kraft & Cadbury
TOPIC: Strategy ARTICLE SUMMARY: Kraft Foods initiated a buy offer for British candy maker Cadbury. The offer, valued at $17 billion, would give Cadbury shareholders cash and Kraft stock. The offer was rejected on the grounds that it undervalued Cadbury and that Kraft’s strategy was too conservative to capitalize on the full potential Cadbury offers…. Read more »
The “business as usual” mentality
SUMMARY: Christian Lacroix, famed Parisian designer of haute couture, has seen change. Eleven chief executive officers could not manage Lacroix’s creativity to a profit. After 22 years in the fashion industry, Lacroix’s future is in doubt. His company, part of the Moet Hennessy Louis Vuitton S.A. conglomerate, filed for bankruptcy protection in May. Whether a… Read more »
