WEEK 2!

FINANCIAL TIMES

Company Ticker Closing Price

Bloom & Tenenbaum BAT $! 26.65

Flixie, Inc. FLX $! 2.50

Friedrichson’s, Plc. SON $! 13.78

Gulfstream Petroleum Partners GPP $! 84.23

Hurley Health, Ltd. HRL $! 6.34

Innotech, Corp INO $! 402.25

Koch Kredit Union KKU $! 61.14

Motown Motors MO $! 8.12

NexGen Technologies NXT $! 54.33

Pitt Automotive Parts PAP $! 42.21

Shinjuku Electronics, Corp. SHN $! 28.12

Solaris Energy SOL $! 113.40

GULFSTREAM PETROLEUM PARTNERS INNOTECH

Deep Sea Success
Gulfstream Petroleum Partners have
announced that their latest deep sea oil drilling
platform has succeeded in creating its latest
platform. The oil platform sits above one of the
deepest deposits of oil in the gulf.
Despite the tremendous cost of building the
platform, the company is hoping that the profits
from the oil will lead to greater revenue this
year.
Bankruptcy on the Horizon?
A newly released audit of Innotech has lead
to speculations of bankruptcy. Many have
questioned the high value of Innotech’s stocks in
comparison to its low revenues. The audit of the
company’s finances have highlighted areas of
debt the company had previously not made
public.
The press release issued by Innotech stated
their belief that the company will bounce back
from this situation. However, the company
spokesperson has stated they are not available for
questioning.

Vocabulary Words
revenue: the amount of money made by a company through sales
audit: a careful check of a company’s finances, often by an outside agency
bankruptcy: when a company has lost all of its money and may need to have government help
debt: money that is owed to a bank or someone else

BRIAN NEISES! https://sites.google.com/site/classroomtwopoint0/