From this week, I highlight two main events: Best Buy’s earnings release and the profiling on Yannis Varoufakis in the NYT. These two pieces make a very interesting read: Best Buy presented results that topped analysts’ expectations. Earnings were pressured from restructuring charges. These one-off items are related to the disposal of several international stores,… Read More Of Interest: Best Buy and Varoufakis

When Nokia (NYSE:NOK) was still a mobile phone powerhouse, it bought a company called NAVTEQ. The transaction was made at around € 6 billion ($ 6,7 billion assuming the EUR/USD at 1.12), slightly less than the € 7.5 billion ($ 8.4 billion) that Nokia sold the once mighty mobile business to Microsoft (just to put… Read More HERE Maps Might Be Hiding Nokia’s Future Path

Santander presented earnings 32% higher year over year. There were two main contributors for this result: Higher gross income: Lower loan-loss provisions: The results indicate that Santander is clearly on a normalization cycle. As I said before, the return on equity will be lower than during the pre-crisis period for the whole industry – this… Read More Earnings Digested: Santander Presented a Set of Good Results in 1Q15