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April 10, 2008
Pay By Touch Fades To Black After Chapter 11 Bankruptcy and Contentious Boardroom Battles
Analysis of: Pay By Touch Fades into History As Lenders Buy Core Assets | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Pay By Touch fades to black after filing Chapter 11 Bankruptcy reorganization in December 2007 and enduring contentious boardroom battles to decide the fate of the company. Pay By Touch used biometrics to authenticate consumers at the POS (Point-of-Sale) for secure check cashing and ACH based purchases....
April 10, 2008
Starbucks New Strategy
Analysis of: Starbucks New Strategy | topics.nytimes.com
Author: Rick Kowalski, Chief Operating Officer, It's A Grind Coffee Franchise LLC
What is the objective of offering Starbucks new Pikes Place roast? Will the acquisition of Clover give SBUX a unique offering?
April 8, 2008
As Check Volumes Plummet The Fed Speeds Up Infratructure Changes
Analysis of: Plunging Check Volumes Spur Fed to Speed up Downsizing Efforts | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Since the passage of the Check 21 Act in October 2004, significant changes have occurred in traditional check processing. Banks, credit unions, image networks and the Federal Reserve are working to build the infrastructure to transition banks and credit unions to 100% electronic check imaging/exchange...
April 8, 2008
CITGroup Closes Its Wallet To Student Lending
Analysis of: CIT Ceases Student Loan Originations | www.bloomberg.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
CIT Group drew down emergency credit lines totaling $7.3 billion in March 2008, after being cut off from customary sources of cash, forcing CIT to scrap its government-backed student loan program on 4.3.08. Due to its weak position, CIT may be a prime takeover target. The lack of investor demand has...
April 7, 2008
Writedowns At Global Banks Has Topped $292 Billion; Leading To Record Job Losses
Analysis of: Lehman Sees Banks, Others Writing Down $400 billion | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Writedowns at global banks has surpassed $291 billion and the "writedown" meter continues to tick and could reach $460 billion or as high as $1.2 trillion by year-end 2008. U.S. financial institutions will account for about 40% of losses. Credit losses has prompted leveraged institutions to raise new...
Terrell AlgerApril 4, 2008
Is American Living Going To Survive At JC Penneys
Analysis of: J.C. Penney Guts First-Quarter Earnings Forecast | community.investopedia.com
Author: Terrell Alger, Retail & Restaurant Consultant, Terry Alger Consultancy
What and why would the consumer recognize the eagle label? How does American Living price points incorporate into their concept? Who would be their competitors with this new line of clothing?
April 4, 2008
National City Corporation Courted By Suitors KeyCorp & Fifth Third BanCorp
Analysis of: National City in Talks With Fifth Third-Sources | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
National City Corporation (NCC) share price was up 6% on 4.3.08 on news that crosstown rival KeyCorp and cross-state Fifth Third BanCorp may be courting NCC for a possible merger and/or acquisition, however, this could be a bad time to sell due to current market conditions. NCC may need to do some additional...
April 4, 2008
UBS's Chairman Steps Down Amid $19 Billion Writedown; Announces $14.8 Billion Rights Issue
Analysis of: UBS In Capital Hike After Huge Loss, Chairman Goes | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
At UBS's Annual Shareholders Meeting the topics of discussion included UBS's $19 billion writedown, its $14.8 billion rights issue to raise capital and the replacement of Chairman Ospel by UBS's current Legal Counsel, Peter Kurer. UBS's huge bet on subprime investments has led to the largest bank writedown...
April 2, 2008
A View From the Front Lines of Automotive Retailing! It's Worse Than You Think!- Automotive Sector- Consumer Goods
Analysis of: Dismal Year Is Forecast For Car Sales | www.nytimes.com
Author: GLG Expert Contributor
Based upon new car sales trends being documented among most west coast retailers across all brands of domestic automakers,  things are worse than even the most pessimistic predictions. Most of the Metro are domestic car dealers are off over 20% from their same quarter last year...
Terrell AlgerApril 2, 2008
Panera Bread Says Wake Up And Smell The Eggs
Analysis of: Americans Are Losing Sleep Over A Good Breakfast | money.aol.com
Author: Terrell Alger, Retail & Restaurant Consultant, Terry Alger Consultancy
The American consumer is always looking for a great breakfast offering especially something different. Can a company be successful offering "fresh" breakfast sandwich offerings and still maintain a speed of service? How will this impact major competitors like McDonalds and other QSR concepts that rule...

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