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Comcast, We Have a Problem

Comcast, We Have a Problem

The bigger news in the cable industry is that the U.S. Justice Department’s threat to block the purchase/merger of Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) did result in Comcast withdrawing its stock-swap proposal to acquire TWC in […]

James Grant On The Systematic Mispricing Of Debt

James Grant On The Systematic Mispricing Of Debt

The Systematic Mispricing Of Debt by James Grant, Grant’s Interest Rate Observer from 2014 (May 15, 2015) How a $50 million loan to RadioShack turned into an $81 million gross impairment was the featured topic on the May 7 earnings call […]

RuffCo – Buying And Selling The Troubled Company

RuffCo – Buying And Selling The Troubled Company

RuffCo – Buying And Selling The Troubled Company by Houlihan Lokey Background Overview RuffCo, Inc. (“RuffCo” or the “Company”), a Delaware corporation based in Los Angeles, California, designs, manufactures and sells golf clubs. RuffCo was founded in 1990 by Charles […]

China Hard Landing Story Way Oversold?

China Hard Landing Story Way Oversold?

China Hard Landing – Around the end of November through the first couple weeks of December, Wall Street analysts release outlooks for the coming year. One prediction that appears to be so widespread that it receives little debate is that […]