Financial markets

Why Wall Street is wrong to worry about the impact on earnings per share.

The story of a royal trading company comes to life on an 18th-century stock certificate.

The stock market isn't always rational; often it's swayed by superstitions. A case in point is the bump the market gets when Punxsutawney Phil doesn't...

By instigating the dot-com crash, the capital markets have placed the entire new economy at risk.

Just ban them.

Most entrepreneurs understand that if the fundamentals of a business idea—the management team, the market opportunities, the operating systems and controls—are sound, chances are there’s money out there. The challenge of landing that capital to grow a company can be exhilarating. But as exciting as the money search may be, it is equally threatening. Built […]

They feast on cheap credit, which is drying up.

The uncertainty is affecting every industry.

Human judgment still matters deeply.

When measuring the performance of investments, companies need to consider the current value of an asset.

A new study shows that emotions really can drive stock prices.

Marketers like to work on the demand side—take what’s in demand, make it cheaper, run a lot of ads, make a profit. If you can increase demand for what you already make, a lot of problems take care of themselves. It’s the promise of the typical marketing organization: Give us money, and we’ll increase demand. […]

Not long ago I asked the officer of a regional investment banking firm why the price-earnings ratio for a small publicly held company was so low. “After all,” I said, “this company has the potential to grow since it’s in the dental equipment industry. It seems to me it warrants a high ratio.” “Don’t you […]

They expect a "short and shallow" downturn.

The innovator’s dilemma is not only caused by customers.

The SEC is considering changing the rules. Here’s why it shouldn’t.

Research shows it’s analysts, not executives, who are leading the way.

Financial risk management is hard to get right even in the best of times. It can take one of six paths to failure, nearly all of them exemplified in the...

Consumers in poor countries especially stand to benefit.

Lending to mid-market companies has fallen nearly 60% over the last year.