BQ Practice Qs - 1a Flashcards
Heirs of Siemens AG “called for a return to calm” to the Siemens supervisory board, after Josef Ackermann announced his resignation over what disagreement? 16-Sep B1 Siemens’s Heirs Ask For Calm At the Top
The Firing of the former Chief Executive, Peter Loscher, for repeatedly missing profit margins.
Presidents Obama’s first choice pick to replace Ben Bernanke as Federal Reserve Chairman withdrew himself from consideration. What is pick’s last name, and list one reason for why did he withdrew?
Summers. That further consideration would be “Acrimonious” or “world not serve the Federal Reserve”, or “world not serve the Administration” or ultimately “the interests of the nations ongoing economic recovery”
Kids in sports need to know about a highly vulnerable area between the first and seventh vertebrae that protects the spinal cord connecting the brain to the body. What is this area called?
The Cervical Spine.
Among the companies and factions that Detroit’s emergency manager, Kevyn Orr, is negotiating with are the bond insurers going to play an active or passive role, and what do they hope to accomplish with this?
Active role. They need to recover the maximum possible from the debtor in order to pay out on their insurance of bonds.
Jana Partners LLC acquired 6.2% of a company and requested that the company sell off it’s less profitable areas and return more capital to investors. In reaction, that company implemented it’s “poison pill” aka “shareholder rights plan”. What is this company and did it’s stock go up or down on the news?
Safeway. It went up, about 10.5%
J.P. Morgan Chase & Co is preparing to pay at least $800 Million in fines related to the “London whale” trading fiasco, but they hit a snag in negotiations with the CFTC over weather J.P. Morgan would admit to what?
Manipulation. Manipulation of a market index tied to corporate bonds.
Merely observing what hurts bystanders performance in terms of both routine and creative tasks, as well as making customers want to go elsewhere?
Rudeness
The market rallied based on the Federal Reserves decision to not wind down it’s bond buying program this month. How much stimulus a month does the Fed provide?
$85 billion.
Chancellor Anglea Merkel won a third term despite better than expected showing by upstart party that want to break up the Euro. What is the name of this upstart?
the Alternative for Germany
Chocolate prices are set to soar as demand increases, primarily for dark chocolate, and supply contracts. Demand is expected to increase as markets recover, but why is supply contracting?
Dry weather, or expected dry weather in west Arica.
Fiat Chief Executive and Chrysler CEO Sergio Marchionne is in a difficult position in negotiations with UAW health-care-trust. What is the nature of this difficult situation?
Fiat wants to buy Chrysler cheaply, the UAW wants to sell high, and Marchionne is supposed to represent both.
Among the possible candidates for the chairman of the Federal Reserve, besides Mr. Summers, who was also a former Treasury secretary?
Timothy Geithner
What is difference of board structure between German and American companies?
German companies have a two-tier board structure while American companies have only one-tier board structure which is the board of directors .
Which company will Repsol sell the liquefled-natural-gas business to?
The Royal Dutch Shell
What kind of compnay is SunCal?
One of the largest land developers in the western U.S.
Who pulled out of the context for the chairman of the Federal Reserve?
Lawence Summers
What is advantage of Tesla regarding the costs of its battery compared with that of GM and Nissan?
Its battery costs are half or even a quarter of the price of the industry average.
What is the rank of LPL among the brokerages in the U.S.?
LPL is the fourth-largest brokerage in the U.S.
Who is the Chinese leader known for opening China’s economy to the outside world after years of isolation?
Deng Xiaoping
Who is the front-runner for the Fed nomination?
Janet Yellen
Which quarter did the BlackBerry suffer $84 million loss this year?
The quarter that ended June 1
Who is the third-largest institutional shareholder?
The Black-Rock Inc
Which state is the biggest cotton producing state in U.S.?
Texas
Which company agreed to pay $920 million fine in the “London whale” trading fiasco?
J.P. Morgan Chase & Co.