Jeffrey's Feed
Nov 26, 2013
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Turning suit deal inside out reveals silver lining

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By Jeffrey Goldfarb
Thea author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Turning a suit deal inside out has revealed a silver lining. After fending off a hostile bid from Jos. A. Bank, Men’s Wearhouse is now proposing to buy its smaller rival for $1.2 billion. The estimated cost savings could cover nearly the entire purchase price and the combined company would be less indebted. Structured this way round, the transaction is financially more fashionable.

Nov 20, 2013
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TV industry technophobia is a bad 1980s rerun

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By Jeffrey Goldfarb
The author is a Reteurs Breakingviews columnist. The opinions expressed are his own.

The latest TV industry technophobia is just a bad 1980s rerun. U.S. broadcasters, including Walt Disney-owned ABC, have won support in their Supreme Court bid to shut down online video startup Aereo. The arguments echo those used 30 years ago when networks tried to block the VCR, after which business boomed. For a creative profession, Big Media sure can lack imagination.

Nov 8, 2013
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Private equity titans revel in Great Separation

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By Jeffrey Goldfarb
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The Great Separation has arrived in private equity. For a long stretch, investors barely distinguished among the publicly traded stocks of Apollo, Blackstone, Carlyle and KKR. There now appears to be a noticeable appreciation for the differences. It should be a welcome change even if it reflects some short-term thinking about a long-term business.

Oct 25, 2013
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Review: Buffett clan puts up a good food fight

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By Jeffrey Goldfarb
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Warren Buffett has made billions of dollars investing and his farmer son is helping give them away. In the new book “Forty Chances,” Howard Graham Buffett chronicles his efforts with his own son Howard Warren to combat the mind-boggling inefficiencies and bad philanthropic habits that get in the way of ending world hunger. It’s hard at times to relate to the plight, but reassuring to know the Buffett family is on the case.

Oct 23, 2013
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Eight questions for three Buffetts

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By Jeffrey Goldfarb
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Warren Buffett’s son, Howard Graham, and his grandson, Howard Warren, have written a new book, “Forty Chances: Finding Hope in a Hungry World,” which chronicles their philanthropic work on hunger, farming and poverty around the world. This is an edited transcript of the discussion with the three men.

Oct 18, 2013
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Mark Zuckerberg’s new IPO religion wins disciples

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By Jeffrey Goldfarb
Thea author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Mark Zuckerberg’s new religion should attract plenty of disciples. The Facebook founder’s early contempt for the idea of an initial public offering was supposed to influence a generation of Silicon Valley entrepreneurs. The stock’s calamitous debut in May 2012 only reinforced the resistance. Zuckerberg and Facebook have come around, though – and many others are set to follow.

Oct 9, 2013

Rubber meets road for Chinese JVs in tire deal

(The author is a Reuters Breakingviews columnist. The
opinions expressed are his own)

By Jeffrey Goldfarb

NEW YORK, Oct 9 (Reuters Breakingviews) – A cross-border
tire deal could deflate the appeal of joint ventures in China.
The complaint filed last week by Cooper Tire & Rubber
against its agreed Indian buyer, Apollo Tyres, is only
half the story. A legal spat raised by the U.S. group’s minority
partner in China could unravel a venture there. For
multinational corporations with shared Chinese operations, it’s
the case to watch.

Oct 4, 2013

Breakingviews-Rebooting Microsoft keeps getting harder

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Jeffrey Goldfarb

NEW YORK, Oct 4 (Reuters Breakingviews) – It is getting near
impossible to reboot Microsoft (MSFT.O: Quote, Profile, Research). Both Chairman Bill
Gates and retiring Chief Executive Steve Ballmer indicated on
Thursday they will seek re-election to the board of directors.
Whoever becomes the new boss already will be saddled with the
Nokia (NOK1V.HE: Quote, Profile, Research) acquisition. Now, there’s a pretty good chance
of having to answer to not one, but two, former chiefs of the
$280 billion software company. The job is looking less appealing
by the day.

Oct 3, 2013
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Solo stars Goldman and Morgan Stanley share stage

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By Jeffrey Goldfarb
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Wall Street’s biggest rivalry is fading further into history. Back in the days of so-called relationship banking, Goldman Sachs and Morgan Stanley slugged it out for exclusive assignments. Now, when it comes to mergers and new stock sales, they are working together more often.

Sep 10, 2013

Breakingviews:Twitter hopes for an Instagram moment

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Jeffrey Goldfarb

NEW YORK, Sept 10 (Reuters Breakingviews) – Twitter may have
just had its Instagram moment. Facebook (FB.O: Quote, Profile, Research) leaned on a
chunky acquisition of the picture-sharing app to prove its
mobile chops right before it went public, just as Marissa Mayer
did with blogging site Tumblr earlier this year in a bid to
restore Yahoo’s (YHOO.O: Quote, Profile, Research) tarnished image. Buying ad seller MoPub
is Twitter’s biggest deal and could provide the same uplifting
effect in advance of an eagerly anticipated initial public
offering.