Healthcare, Not the Tax Code, Is Drag on U.S. Firms
SMITH BRAIN TRUST – Health insurance – not the U.S. tax code – is "crippling our business around the world," Warren Buffett said during Berkshire Hathaway’s annual shareholder meeting on May 6, 2017, in Omaha.
Wall Street's 'Fear Gauge' Is at a 23-Year Low. Should We Worry?
SMITH BRAIN TRUST – Leave it to a period of calm to inject nervousness into the market, as it did this week when the Chicago Board Options Exchange's Volatility Index, or VIX as it is known, dropped to a level not seen in about 23 years. The drift lower in the so-called fear index has market watchers worriedly speculating about a calm before a storm.
Smith Hosts 14th Annual Wikler Finance Case Competition
The prestigious Joseph Wikler Memorial Finance Case Competition continued for the fourteenth year on April 28, 2017, with a solid participation of finance students and what Finance Fellows Faculty Champion and Professor Sue White called the most challenging case yet.
Three Ways Trump’s Tax Plan Would Affect Families
SMITH BRAIN TRUST – President Donald Trump’s tax reform proposal, as unveiled last week, would reduce income taxes for many Americans, says William Longbrake, an execut
A Cash Hoard Stirs Speculation – And It's Not the One You Think
SMITH BRAIN TRUST – A lot of chatter this week has been about Apple's whopping quarter-trillion-dollar cash stockpile. But Warren Buffett's Berkshire Hathaway is also sitting on a lot of money. The company, which has a history of making marquis acquisitions, has some $86 billion on hand.
Trump’s Tax Reform Plan Under the Microscope
SMITH BRAIN TRUST — How will President Donald Trump's proposed tax plan affect your household? Today in Smith Brain Trust, Albert "Pete" Kyle, Charles E.
Emerging CFO Case Competition
Smith student Philip Peker ’18 writes about the Emerging CFO Case Competition which took place on April 17, 2017, at the University of Maryland’s Robert H. Smith School of Business. Five teams of undergraduates in the Finance Fellows program at the Smith School competed on April 7 in the Emerging CFO Case Competition. The event was organized by Susan White, clinical professor of finance and the Finance Fellows faculty champion, and the students were presented with a case entitled, INFINITI HR – Target or Acquirer?
Is Your Next Financial Adviser a Robot?
SMITH BRAIN TRUST – Are you ready to entrust your retirement savings to a robot? Investment advice is increasingly coming to clients from nonhuman sources, whether they realize it or not, as more money-management firms look to automated services to augment their team of human advisers and deepen the science behind stock-picking.
Nicked by Rivals, Gillette Shaves Prices
SMITH BRAIN TRUST — Gillette is shaving its prices by as much as 20 percent and focusing on its less-expensive products to compete with cheaper rivals, such as Dollar Shave Club. And the move is rattling investors, according to The Wall Street Journal.
Smith Finance Students Visit CFA Institute
On March 31, 2017, a score of finance students from the University of Maryland’s Robert H. Smith School of Business travelled with David Kass, clinical professor of finance, to Charlottesville, Va., to visit the CFA Institute. The students received a brief overview of the global association, whose mission is to set “the highest standards of ethics, education and professional excellence in the industry.” The CFA has close to 150,000 members around the world.