July 14, 2013
Whenever I’m in a store it always strikes me that every product on sale there, even the small and unusual ones, are produced by some fairly large and serious corporations that employ thousands of people and do millions in business. One such company is ACCO Brands Corp., which makes office supplies, laminators, shredders, and notebooks […]
July 12, 2010
Tech Data (TECD) is a distributor of electronics in the US and European areas. Its role is to sell a mix of primarily IT products from original manufacturers and entities identified as “value-added resellers” and to perform various related ancillary services, and it is one of the largest such distributors in the world. Approximately 30% […]
January 3, 2010
I have spoken highly in the past of a stock selling for less than its net working capital with the additional criterion that the firm be profitable. On top of the attractiveness of the stock recovering at least to its asset value, the net working capital level serves as a price floor, thus reducing the […]