Be Cautious About ‘Sweating Your Assets’
Even though it can make certain metrics look better, merely letting assets depreciate isn't enough to sustain growth.
Do We Remember How to Grow?
What does your capital deployment strategy say about your growth expectations?
Durable Goods Orders Rise 1.7% in February
"The evidence is building that manufacturing activity is on something of an upswing," an economist says.
The Rules of Attraction
How do corporate borrowers keep their bank lenders happy when there is so little profit to be made by providing lines of credit?
Is Financial Leverage Good for Shareholders?
Although high debt levels are touted to be shareholder-friendly, highly levered companies do not deliver higher returns.
After the Revolution
Forty years ago, the Modigliani-Miller propositions started a new era in corporate finance. How does M&M hold up today?