Author: Saj Karsan

When the government’s housing statistics are reported, the media focus on the number of sales and the average or median selling prices of those sales. This is probably because they are focused on the health of short-term...

Acme United (ACU) is a multi-national supplier of cutting and measuring products to a diverse group of users, from schools to offices to industrial companies. The company trades for just $30 million, but has earned more than $15...

With the US announcing that usage of TARP funds will be lower than anticipated, the government is currently looking for ways to effectively deploy some of those funds as further stimulus. Economists agree that the US is in for...

When a company reports earnings that are stronger (weaker) than expected, the stock price will often rise (fall) in reaction. As a result, analysts spend a lot of time trying to predict a company’s upcoming quarterly...

Though not exactly a book related to value investing, this oft-cited work of Princeton economist Burton Malkiel discusses many important features of stock market investing. An understanding of its prime contentions is useful for...

Though not exactly a book related to value investing, this oft-cited work of Princeton economist Burton Malkiel discusses many important features of stock market investing. An understanding of its prime contentions is useful for...

We’ve discussed here how misalignments can occur between CEO and shareholder interests. In fact, as we saw here, this misalignment may have contributed to the fiasco formerly known as Lehman Brothers. Before investing in a...

Last week, Orsus Xelent (ORS) reported its third quarter results. The headline referred to an 8% year-to-date drop in annual revenues. But this is an exceedingly useless headline, for several reasons.First of all, the first two...

When lending standards toughen, companies work to improve their liquidity positions. One of the easiest ways to improve liquidity is by cutting dividend payments: unlike cutting marketing or research expenses, a company...

Measuring a company’s return on equity (ROE) is a useful way to determine whether management is justified in retaining earnings for further investment, particularly for a company with low debt levels. For example, if ROE...