17 Public Companies Heading to Bankruptcy

IN FOCUS

17 Public Companies Heading to Bankruptcy
The following article identifies 17 public companies with a large probability of filing for bankruptcy this year.

GLOBAL ECONOMY

Inflation Expectations Keep Rising
Companies are stockpiling commodities to hedge against inflation. This signals that inflation expectations are rising all over the world. How concerned should we be?

Merger Activity Heats-up in 2011
Companies worldwide made $351.6 billion in acquisitions during the first weeks of 2011, an increase of nearly 80% over the same period last year.

Rising China Takes Over a Shrinking Japan
China passed Japan in 2010 to become the world's second-largest economy, a historic shift that has drawn mixed emotions in the two Asian powers.


FINANCE AND ACCOUNTING

The Role of the CPA in Scenario Planning
As many organizations integrate aspects of scenario planning into financial planning, they are looking to their CPA partners for support in conducting rigorous and insightful analysis

Bridging East and West
Interview with Masayasu Uno, Board of Directors of Daito Construction and Trust: How to take into account some Japanese differences in corporate governance, financial reporting, and auditing practices.

Forensic Auditor Gains Worldwide Recognition
From the second Muna Dora Buchahin, Director General of Forensic Audit, steps into the Superior Audit Office of Mexico, there is only one thing on her mind: the progress of her division’s forensic audits.


MEXICO AND LATIN AMERICA

Carlos Slim Bullish on Colombia
Mexican tycoon Carlos Slim is planning investments in Colombia to capitalize on the country's liberal regulatory policies, abundant raw materials and burgeoning middle class.

For Pepsi, a Business Decision with Social Benefit
PepsiCo’s work with corn farmers in Jalisco, Mexico, reflects a new approach by corporations trying to maintain a business edge while helping out small communities.


"Wherever you go, go with all your heart."
- Confucius


OTHER TOPICS

A Collector of Everyday Objects on His New Museum
Bruno Newman, the founder and director of Zimat, a large communications firm in Mexico, has spent more than 50 years collecting various kinds of objects — and now has opened a unique museum.


PROJECT PORTFOLIO

Interested in doing business in Mexico? We have the best ticket to enter this market. Ask for our one-week tailored workshop.

French company, leader in the beauty sector, with strong presence in 10 countries and sales of 500K EUR. Seeks investors or acquirers.

Renewable energy company with strong distribution network in Mexico, annual sales of $7.5M USD, growing at annual 20% rate. Seeks investors or acquirers.

Exporter of Mexican hammocks with key competitive advantages in price and quality. Based in the Yucatan Peninsula. Seeks distributors or investors.

(Contact armando@nuricumbo.com for further information)


KEY MEXICO STATISTICS
Feb 11 / Jan-11 / Dec-10

Exchange Rate: MXN to USD
12.1062 / 12.1214 / 12.3936

Exchange Rate: MXN to EUR
16.7453 / 16.6306 / 16.0204

Exchange Rate: MXN to CAD
12.4378 / 12.1536 / 12.2941

Country Risk (basis points)
145 / 142 / 140

Bolsa (IPC BMV)
36,880 / 36,840 / 38,551

Cetes 28d
4.21% / 4.05% / 4.56%

Inflation
3.78% / 3.96% / 4.32%

UDIs
4.570274 / 4.558235 / 4.526308

International Reserves (M USD)
119,485 / 117,565 / 112,996

(Source: Mexico Central Bank)