wrestling

Final word on today's WWE staff reduction and the stock market's …

On today’s WWE investor conference call, Chairman and CEO Vince McMahon confirmed a 7% reduction in staff.  As business closed in Stamford, Connecticut, we now have the details of what exactly that means for the employees of the company.The Wrestling Observer reports that 7% translated to fifty-five people who lost their jobs today.An email came at late in the day to […]

Stock Market Returns Cannot Exceed Intrinsic Value Growth Forever …

“If something cannot go on forever, it will stop.”“Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.”– Herbert Stein, former chair of the Council of Economic AdvisersS&P 500 earnings grew approximately 9% for the two-year period from the beginning of 2012 through the end of 2013. Over […]