01 May
News

Forbes: Scott Rostan “Apple’s Debt Offering: Investors Clamor For A Parking Spot In iBonds”

http://www.forbes.com/sites/steveschaefer/2013/05/01/bond-investors-line-up-for-a-parking-spot-in-apple-debt/ Steve Schaefer Apple launched its first debt offering in almost 20 years Tuesday and by all accounts demand for the new six-part issuance was so robust the iPhone-maker will pay interest rates near or below Corporate America’s lowest. The company reportedly raised $17 billion in a heavily-oversubscribed offering, with all six tranches at narrow...

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23 Apr
News, Wall Street Journal

Wall Street Journal: Training The Street Releases Relative Valuation Course Pack As Self-Study Product

Wall Street Journal: Training The Street Releases Relative Valuation Course Pack As Self-Study Product http://online.wsj.com/article/PR-CO-20130423-910440.html Fundamental Subject for Finance Professionals is Another Addition to TTS's Growing Library NEW YORK/PRNewswire/ -- Training The Street (TTS), a leading corporate training provider for the majority of Wall Street firms and top business schools, today released their Relative...

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11 Apr
News

Compliance Week: KPMG Fires Engagement Partner Fingered in Insider Trading Scandal

http://www.complianceweek.com/kpmg-fires-engagement-partner-fingered-in-insider-trading-scandal/article/288189/ Tammy Whitehouse Officials at KPMG and Skechers USA Inc. have fingered Scott London as the engagement audit partner at the center of an insider trading scandal that has put two companies in a scramble to find a new audit firm and has rocked the highest ranks of the audit profession. Skechers and...

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27 Mar
News, Bloomberg

Bloomberg: Is the Dell Stub the Right Investment for You?: Real M&A

By Tara Lachapelle, Brooke Sutherland & Miles Weiss Blackstone Group LP (BX) and Carl Icahn’s bids for Dell Inc. (DELL) are employing a rarely used deal tactic that has yielded both big payouts and big losses for shareholders. The offers allowing investors to retain stock in the floundering personal-computer maker may help them win over shareholders like Southeastern Asset Management...

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01 Feb
News, Bloomberg

Bloomberg: Megamerger Failures Cloud 2013 Deal Resurgence: Real M&A

“Large deals are flashy and they get people’s attention,” said Scott Rostan, who once analyzed mergers at Merrill Lynch & Co. and now runs New York-based Training The Street, giving instruction on takeovers to new hires at banks. “But the large, transformational deals are really hard to pull off. Typically you have to pay a big price to convince the seller. Synergies are very hard to realize. There may be cultural differences. Put that all together and you’ve got a recipe for disaster.”

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