Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Tuesday Jan 23 2024 Click Here for Details Here are the transaction details, do you understand them? Sunoco on Monday said it would issue 0.4 units, worth about $23.78 based on Friday’s closing price, for each NuStar unit, a nearly 32% premium to NuStar’s Friday closing price of $18.03. Dallas-based Sunoco said it expects to…
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Friday Jan 5 2024 Click for an iinteresting analysis of Walgreens
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Thursday May 18 WASHINGTON—The Pentagon has overcounted the value of the weaponry it has sent to Ukraine by at least $3 billion, an error that could eliminate the administration’s need to ask Congress for more money to keep Kyiv in the fight this spring, people familiar with the situation said. The military services inadvertently used…
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hursday April 27, 2023 The US is freezing foreign country assets on deposit here and blocking them from using hte SWIFT system. The dollar became the world reserve currency at the 1944 hBretton Woods Agreement. President Nixon's 1971 decision to abandon the the gold standard coupled wtih the dollar as the world reserve currency has…
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Thursday April 13, 2023 EY Breakup Plan Doomed by Miscalculations and Powerful Opponents – WSJ Accounting firm EY calls off 'Project Everest' to break up firm – BBC News
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Weekend March 12 2023 Ok guess who issued an all is well, no going concern warning just a couple of weeks before SVB collapsed, yep you guessed it KPMG, I recieved this e mail from author Kurt Pany our undergrad audit author We realize that this is probably more than you bargained…
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Thursday Feb 9 2023 Even mighty Disney makes mistakes. Disney’s streaming service, “Disney+,” lost 2.4 million subscribers and the company announced a massive restructuring, an earnings report released on Wednesday revealed. The company claims their streaming service, which launched in 2019, lost 2.4 million subscribers. This total is not as severe as some analysts…
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Thursday Jan 19 2023 A national shortage of accountants is driving firms to hire overseas reports the WSJ. Story in today's WSJ.
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January 18 2023 US is spending 120% of its GDP. That is the sort of thing usually associated with deadbeat countries like those in South America. I wonder if TeamBiden knows how many billions or millions are in 31.4 trillion.
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Fri Dec 2 2022 Armanino is the CPA firm which signed off on FTX, click here to read the story.
Professor Elam 