"From 1999 to 2000 Enron’s reported revenue went from $40.1 billion to $100.7 billion, a 151% increase." "In our largest business we experience an enormous increase of 59% in physical energy deliveries." "At a minimum, we see out market opportunities company-wide tripling over the next five years." "Over the past five years wholesale Income has grown at a compounded average annual rate of 48 percent." "The company’s total return to shareholders was 89 percent in 2000, compared with a negative 9 percent returned by the S&P 500." "Broadband’s prospective global growth is huge - it should in ..read more

Reading 10-Ks is one of the best methods for doing research on a company before you consider investing in them. All great investors will read a company’s 10-Ks, 10-Qs, as well as proxy statements, in order to get a deeper insight into the operations of the company, the management running the company, and the financial position the company is in. No other document can provide better insight into a publicly traded company than a 10-K. What is a 10-K Every year publicly traded companies are required to file what is called Form 10-K with the Securities and Exchange Commission. The report gives a ..read more

Alibaba Alibaba's revenue increased 35% in 2020 to $71 billion. Their revenue is divided between 4 different segments: Core Commerce includes retail and wholesale commerce and logistics services. Cloud Computing includes Alibaba Cloud which is a complete suite of cloud services to customers worldwide. This includes computing, database, storage and other cloud services. Digital Media and Entertainment provides original entertainment such as Alibaba Pictures and other content platforms. Their different content forms include news, music, literature, and many others. Innovation Initiatives and Ot ..read more

Best Buy In 2020 Best Buy had to make large adjustments due to lock downs as they were required to close down stores and require customers to either shop online or use curbside pick up to retrieve their items. However, Best Buy also received a boost in sales during the pandemic as more and more people were pushed to do remote work and therefore had to purchase equipment such as laptops and monitors in order to work at home. Best Buy's revenue has been relatively flat over the past decade. In 2011 the company brought in $50 billion in revenue and over the following 8 years revenue hovered aroun ..read more

As nationwide shutdowns have forced people to work from home the stereotypical stop at Starbucks on the way to work seems to be a thing of the past. To get people out of their homes and into the line of their drive-thru the Seattle based coffeehouse has been pushing hard with their mobile app and rewards program, hoping to maintain their customer’s morning routine of spending $5 a day on sugar-infused espresso. In their third quarter alone Starbucks added 3 million new members to their Starbucks rewards program. “As we see customer visits shifting from urban cafes to suburban drive-thrus, cust ..read more

Despite nationwide lockdowns and increasing unemployment Home Depot was able to post $28,260 of revenues in their first quarter, 7.1% higher than a year earlier. The pandemic comes at a time when the Georgia-based retailer has been investing in digital solutions to improve customer service and increase efficiency across the organization. To assist customers with their shopping experience Home Depot has invested heavily in software-driven solutions, including a mobile app capable of guiding a customer through any of their stores to locate specific items. With 1,984 locations across the country ..read more

In the 1990s corporations across America started to look for solutions that would allow them to transmit electronic documents among people within their organization as well as to their customers and suppliers. Up until that time there were no standardized methods for sending and storing digital records and dozens of software companies were competing to find the answer. The solution came when in 1993 Adobe introduced what it called a Portable Document Format, or PDF, which quickly became industry standard; mostly as a result of Adobe partnering with Microsoft to distribute their PDF reader with ..read more

The economic rise of China has been nothing short of amazing and equally incredible is the way its financial markets have adapted and improved over the past few decades. While the Chinese stock market is in its early stages compared to the United States stock exchanges, it is important that investors understand the fundamentals of the Chinese equities market. Unlike in the U.S. where public companies mainly have one class of common stock, Chinese companies have a number of different share classes, each with its own requirements and implications. It’s important to note that the different share ..read more

Wall Street will never cease to amaze in their attempt to move money away from the pockets of unaware speculators and into their own. The most recent case can be seen in the attempt by Hertz Global Holdings to issue shares to the public after they had already entered bankruptcy. While they have recently announced the suspension of the offering there are still lessons to be learned by those, who for even a brief moment, considered purchasing shares in this bankrupt corporate enterprise. The first lesson to be understood is that common stockholders of a corporation rarely receive anything in the ..read more

In 2018 the Tesla Board of Directors approved a 10-year compensation arrangement meant to incentivise their CEO into growing Tesla to one of the largest companies on the planet. Mr. Musk’s yearly salary remains at the minimum level required by California state law, which in 2018 was a modest $56,160, however he still does not accept any of his salary. His stock option reward plan is another story. In total Mr. Musk’s compensation arrangement includes 20,264,042 stock option awards and in 2018 the aggregate fair value of his compensation was $2.62 billion. In order for Mr. Musk to receive any o ..read more