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Articles |
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"Is Fear Dampening Corporate Performance?" ( published on
CFO.com)
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| Double-dip-recession worries have prompted cuts in capex and R&D spending. |
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"Are Your Investors in for the Long Haul?" ( published on
CFO.com)
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| Companies deploying higher percentages of their free cash flow into buybacks tend to deliver lower total shareholder return over time. |
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"Is Excess Cash a Problem?" ( published on
CFO.com)
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| Investors are willing to reward fast-growing, high-return companies by letting them hold cash. |
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"U.S. companies wonder where to put all that cash" ( published in Crains New York )
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| Excess greenbacks used to fund deals, share buybacks. |
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"How Corporate Diversity and Size Influence Spinoffs
and Other Breakups" ( published in Journal of Applied Corporate Finance )
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| With an increase in corporate de-merger activity and the consistently positive market reaction to such corporate actions, an important question for the managements of large, diversified companies is... |
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"Do Acquisition Premiums Matter?" ( published on
CFO.com)
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| A herdlike mentality leads many companies to acquire more at the top of the stock market cycle than they do at the bottom. |
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"Stock buybacks: Buy high and sell low" ( published in Fortune Magazine)
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| That's what most companies do when they buy their own shares. But you can avoid the trap. |
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"Capital deployment in oil and gas: Are you reinvesting enough?" ( published on
OGFJ.com)
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| Given the high asset intensity and inherent risks in the oil and gas industry, capital deployment choices are perhaps the most impactful strategic decisions made by senior executives and directors. |
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"Are You Wasting Time on Poor Performers?" ( published on
CFO.com)
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| Maximizing shareholder value often requires investing substantially more in strong businesses than in weak ones. |
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"What's Your Return on Buybacks?" ( published on
CFO.com)
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| Managements may be biased in favor of their own companies' valuation. |
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"Too Big To Succeed? "( published on
CFO.com)
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| Research on nonfinancial companies finds that larger companies typically grow more slowly and earn lower returns on capital. |
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"Is It Time to Break Up? "( published on
CFO.com)
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| Breaking up is hard to do — except when it boosts your share price. Companies such as Motorola, Sara Lee, Fortune Brands, and Expedia have recently reaped S&P 500-beating boosts by splitting themselves into pieces. |
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"When Do Dividends Really Matter? "( published on
CFO.com)
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| Throughout the financial crisis, there have been substantially fewer dividend increases and an abnormally large number of dividend cuts. |
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"Are You Reinvesting Enough? "( published on
CFO.com)
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| Capital expenditures, R&D, and maybe even acquisitions are keys to building total shareholder return, findings show. |
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Driving the Company’s Value through an Ownership Mindset
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| Fortuna Advisors will present at CFO Summit XXII
- May 18 - 20th |
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"Is Cash Still King? " ( published on
CFO.com)
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| Rather than buying back shares, most companies would be better off investing in their business or holding the cash. |
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"Postmodern Corporate Finance" ( published in Journal of Applied Corporate Finance )
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| "Postmodern" Corporate Finance builds on the principles of modern corporate finance while restoring at least part of the emphasis on top-line growth that prevailed before the intense emphasis on returns on capital brought on by the ongoing shareholder value movement. |
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Driving Growth with Finance (By CFO Publishing (publisher of CFO
Magazine)
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Some of the greatest growth opportunities exist at the
bottom of the business cycle. Unfortunately, an obsession with preserving a
high rate of return often stands in the way of making such investments,
according to Gregory V. Milano, CEO of Fortuna Advisors LLC, a leading
strategic and valuation advisor. |
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Download PDF |
| Berk on Fortuna Advisors |
| Berk advisory's value-aligned investing. |
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Download PDF |
| A Message From Our CEO |
| A Message from Our CEO, Gregory V. Milano |
| Click Here |
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