UNDERPERFORM

Toshiba Accounting Scandal Leads to CEO resign.

Toshiba CEO Hisao Tanaka and Vice Chairman Norio Sasaki accused of inflating profit around 152 billion yen, about three times of company’s estimate. Company stock surged at 6 percent on Tuesday but director of Japan equity sales said that it was driven by investor short-covering. While Japan technology analyst at Macquarie said that in the wake of the scandal, any recommendation on Toshiba shares was primarily wrong. (UP01/CB/22/July/15) 

Microsoft Reported the Biggest Loss Ever of its Business.

The quarterly net loss US$3.2 billion related with the company restructuring Nokia mobile and unsuccessful sale of Windows 8 operating system. According to Microsoft CEO, company would focus it business on software and cloud services as demand for Windows operating system begins to slow. Windows installation on computer manufacturer fell 22 percent. However, company expected the launching of Windows 10 could generate revenue from its search engine and game Windows interface.  (UP02/RU/21/July/15)

Aetna Takeover of Humana is Under Scrutiny.

Federal antitrust authorities to review Aetna takeover of his rival Humana whether US$ 33 billion acquisition creates negative impact on consumers. Some experts said that consumers are likely to pay insurance premium more expensive and might lost access to healthcare provider. Aetna purchase of the same line business pushed US insurance regulators and state attorney to investigate the proposal. With the purchase, Aetna would have 33 million customers in two-third of the United States. (UP03/RU/10/July/15)    

McDonald’s Franchisee Low Performance.

McDonald’s performance seem couldn’t much better in the months ahead. It’s about 208 McDonald’s restaurants in the United States gave the lowest score in survey conducted by Mark Kalinowski. The survey contains some issues range from marketing, customer perceptions and corporate performance. Typically issues out of internal from increasing high level of minimum wage and tough competition from the same business like Shake Shack, Sonic and Whataburger. (UP04/CB/17July/15)