Harry & David Holdings Inc. filed for a pre-arranged chapter 11 bankruptcy on March 28th, 2011 after having skipped a $7 million interest payment to bondholders on March 1st. Harry & David’s sales had declined in recent years, as recession-strapped consumers and corporations cut back on discretionary gift purchases, and new competitors such as Amazon […]
3M Company published the game Stocks and Bonds in 1964. It is a stimulated stock market played out over a 10-year period, where the stock prices of fictional companies such as Metro Properties, Growth Corp., and Stryker Drilling oscillate up and down, determined by the roll of two dice, and the special events described by […]
Crumbs Bake Shop, which was founded in 2003 by wife-and-husband team Mia and Jason Bauer, hopes to see their company stock soon listed on the NASDAQ exchange – quite an achievement coming at the tail end of the recent recession. The 2/8/11 Crumbs investor presentation is as nicely laid out as the Crumbs store I […]
Borders’ February 16th, 2011 bankruptcy filing was the result of bad timing and bad decisions, as reported by the “Wall Street Journal” and others. The recession that started in 2008 cut a swath through the ranks of bricks and mortar retailers, as consumers cut out discretionary purchases, taking out such big names as Linens ‘N […]
Just before writing this blog posting I noticed an email from LinkedIn with small thumbnail photos of my 40 LinkedIn contacts that changed jobs in 2010, described by “Fortune” as “the best networking email that I will receive all year.” I totally agree with Fortune magazine’s assessment, and it really underscores to me the value […]
Small business bank lending in New Hampshire declined by 14%, or $314 million, since 2009, according to a study done for the New Hampshire Bankers Association by Brian Gottlob of PolEcon Research, the “Union Leader” reported. Gottlob’s research found that the decline was due to both tighter credit policies at the banks, as well as […]
David@RudofskyAssociates.com
Phone: 1-914-216-3566
Based in New York City. Doing business nationally.
