Tobacco Toasts
Each man’s [tobacco] preference is the only standard for him,” wrote Mark Twain in 1893. Israel Capellan agrees. “Cigars are an acquired taste,” says the young tobacco merchant and owner...
management
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Down, But Not Out
Value investor Randall R. Eley says the current market conditions require investors to seek out companies that are trading at a discount to avoid major losses as the economy struggles...
Balancing Risk And Reward
Every other month, the Detroit-based B&S Investment Club (B&S stands for Brothers and Sisters) hosts a member of the financial community at its meeting. Club president Darrin Flowers says interfacing...
Forgive Us Our Debts
Many people are excited to hear that companies such as mortgage lenders, car financiers, and credit card issuers will write off their debt when they agree to pay a certain...
You Got the Merger Done … Now What?
Mergers and acquisitions have long been touted as a strategy for small businesses to gain size and scale to pursue larger projects and clients. But often, the integration process is overlooked, leading to increased costs, decreased profitability, and sometimes, failed mergers. Scott C. Whitaker, author of Mergers & Acquisitions Integration Handbook: Helping Companies Realize the Full Value of Acquisitions (Wiley Finance; $59.85), warns companies that the process can be arduou s. “One of the things that we stress right from the get-go is complete understanding of the task at hand and that it’s going to be incredibly disruptive,†he says. “It’s going to require a tremendous amount of time.â€