Jeffery Born Associate Dean of Undergraduate Programs, Professor of Finance j.born@northeastern.edu 617.373.5054 Expertise corporate finance, international finance, investments/portfolio management, security market reactions to new information Jeffrey Born in the Press U.S. News The Model 3 may be Tesla Motors’ biggest test yet (TSLA) Yet in a seeming paradox, “Tesla has yet to report a profit in any quarter since it has gone public,” says Jeff Born, professor of finance and director of the executive MBA Program at Northeastern University’s D’Amore-McKim School of Business in Boston. Still, semi-irrational exuberance prevails. “The lack of tangible results to date has not […] Yahoo! 5 reasons to avoid penny stocks at all costs “At the track there is usually a reason a horse is a long shot: it can’t run fast,” says Jeffery Born, professor of finance at the D’Amore-McKim School of Business at Northeastern University. “Penny stocks are the long shots of the investing world. For every one that pays off big, there are many, many more […] CNBC Is North Dakota’s economy really oil-rigged? “The bigger problem is going to be the knock-on effect,” said oil and gas expert Jeffery Born, professor of finance and group coordinator at D’Amore-McKim School of Business at Northeastern University in Boston. North Dakota was the second-largest producer of crude oil in the nation in 2013, after Texas, according to most recent published datafrom […] MarketWatch Gold finishes higher for a fourth straight session May copper HGK5 tacked on 2.85 cents, or 1%, to $2.7895 a pound. “Inventory levels for copper have been growing for over a year,” said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This overhang will no doubt flood into the market should copper prices show any […] International Business Times Florida’s economy and immigrants reel as ‘greening’ ravages orange juice industry The bleak outlook for Florida’s multibillion dollar citrus industry’s growing season will mean fewer jobs for seasonal workers and a big hit to the state’s economy, experts predict. Analysts expect the state to produce its smallest citrus crop in five decades during the season beginning next month, as up to 75 percent of the state’s […] Yahoo! Finance Long live cash: Why paper will never die To hear technology folks tell it, cash isn’t long for our world. Plastic — in the form of credit cards and debit cards — is the go-to payment option for most consumers today. Our mobile phones are threatening to replace our wallets, and recently we’ve seen the arrival of so-called virtual currencies like bitcoin, even […] My business accepts Bitcoins The five-year-old digital currency is increasingly being adopted by brick-and mortar businesses, including dentists, pet boutiques — even a small honey business in Utah. In 2012, about 1,000 businesses used BitPay, the largest processor of Bitcoin payments. Today, more than 26,000 businesses worldwide use BitPay, said Tony Gallippi, its cofounder and CEO. The majority of […] MarketWatch Analysts forecast a corrosive year for copper prices When the U.S. Federal Reserve stops printing $80 billion a month to buy bonds, interest rates may jump, and that may stop the improvement in the U.S. housing industry and perhaps even trigger a recession, said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This fear has […] Jeffrey Born for Northeastern Global News Global ransomware attacks: the impact and the response Global ransomware attacks: the impact and the response Faculty experts in cybersecurity and business assess the nature and impact of the recent global “ransomware” attacks and what they mean for the institutions affected going forward. Experts: Record-setting Dow is good news, but more for peace of mind Experts: Record-setting Dow is good news, but more for peace of mind On Wednesday, the Dow Jones industrial average closed above 20,000 for the first time ever. Though the high-water mark is good news from a financial perspective, our experts say that it’s more important psychologically than quantitatively. As Canada wildfires rage, faculty experts examine the ramifications As Canada wildfires rage, faculty experts examine the ramifications Wildfires continue to rage for a third week in and around the city of Fort McMurray in Canada's Alberta province, the country’s oil-sands capital. Some 96,000 people have been evacuated from the area and 2,400 buildings have been destroyed. We spoke with three Northeastern experts who share insight into how the catastrophe will affect climate change, the likely impact on U.S. consumers, and how the Fort McMurray community can recover. 3Qs: Do low gas prices hurt the economy? 3Qs: Do low gas prices hurt the economy? The average price for a gallon of gas in the U.S. reached a seven-year low on Monday, according to AAA, dipping to $1.83. Here, oil and gas expert Jeffrey Born, professor of finance in the D'Amore-McKim School of Business, explains why falling gas prices might be good for your wallet but bad for the economy. 3Qs: The Dow Jones’ wild Monday ride 3Qs: The Dow Jones’ wild Monday ride The stock market index plummeted more than 1,000 points moments after trading opened on Monday, and then drastically fluctuated throughout the day. Financial expert Jeffery Born explains the catalyst for “Black Monday” and what it means for you. 3Qs: Did Occupy Wall Street change Wall Street? 3Qs: Did Occupy Wall Street change Wall Street? Protesters may not have changed the financial sector, but they have influenced the political discourse, according to finance professor Jeffrey Born. 3Qs: Evaluating Obama’s student loan plan 3Qs: Evaluating Obama’s student loan plan Last week, President Obama announced a series of regulatory changes aimed at easing the burden of student loans for recent college graduates who may not be making enough money to repay their debts. Professor Jeffrey Born, a finance expert in the College of Business Administration, says while the changes may not help many recent graduates, they could help students who are preparing to graduate — especially those with degrees that may not net them high-paying jobs. 3Qs: Warning signs forecasted latest economic plunge 3Qs: Warning signs forecasted latest economic plunge Last week, the stock market suffered its worst stretch since 2008, while Standard & Poor’s downgraded the government’s credit rating for the first time in history. We asked finance expert Jeffrey Born, a professor in the College of Business Administration, to weigh in on the S&P downgrade, the impact of fiscal turmoil in Europe on the American economy and the risk of a double-dip recession — all factors weighing down investor sentiment when it comes to the world’s major economies. The world’s next economic hot spot? The world’s next economic hot spot? A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious. Professor of Finance and Insurance Jeffrey Born says the possibilities range from a prolonging of the recession in some Western economies—especially the United Kingdom—to a more serious credit crisis for […]
U.S. News The Model 3 may be Tesla Motors’ biggest test yet (TSLA) Yet in a seeming paradox, “Tesla has yet to report a profit in any quarter since it has gone public,” says Jeff Born, professor of finance and director of the executive MBA Program at Northeastern University’s D’Amore-McKim School of Business in Boston. Still, semi-irrational exuberance prevails. “The lack of tangible results to date has not […]
Yahoo! 5 reasons to avoid penny stocks at all costs “At the track there is usually a reason a horse is a long shot: it can’t run fast,” says Jeffery Born, professor of finance at the D’Amore-McKim School of Business at Northeastern University. “Penny stocks are the long shots of the investing world. For every one that pays off big, there are many, many more […]
CNBC Is North Dakota’s economy really oil-rigged? “The bigger problem is going to be the knock-on effect,” said oil and gas expert Jeffery Born, professor of finance and group coordinator at D’Amore-McKim School of Business at Northeastern University in Boston. North Dakota was the second-largest producer of crude oil in the nation in 2013, after Texas, according to most recent published datafrom […]
MarketWatch Gold finishes higher for a fourth straight session May copper HGK5 tacked on 2.85 cents, or 1%, to $2.7895 a pound. “Inventory levels for copper have been growing for over a year,” said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This overhang will no doubt flood into the market should copper prices show any […]
International Business Times Florida’s economy and immigrants reel as ‘greening’ ravages orange juice industry The bleak outlook for Florida’s multibillion dollar citrus industry’s growing season will mean fewer jobs for seasonal workers and a big hit to the state’s economy, experts predict. Analysts expect the state to produce its smallest citrus crop in five decades during the season beginning next month, as up to 75 percent of the state’s […]
Yahoo! Finance Long live cash: Why paper will never die To hear technology folks tell it, cash isn’t long for our world. Plastic — in the form of credit cards and debit cards — is the go-to payment option for most consumers today. Our mobile phones are threatening to replace our wallets, and recently we’ve seen the arrival of so-called virtual currencies like bitcoin, even […]
My business accepts Bitcoins The five-year-old digital currency is increasingly being adopted by brick-and mortar businesses, including dentists, pet boutiques — even a small honey business in Utah. In 2012, about 1,000 businesses used BitPay, the largest processor of Bitcoin payments. Today, more than 26,000 businesses worldwide use BitPay, said Tony Gallippi, its cofounder and CEO. The majority of […]
MarketWatch Analysts forecast a corrosive year for copper prices When the U.S. Federal Reserve stops printing $80 billion a month to buy bonds, interest rates may jump, and that may stop the improvement in the U.S. housing industry and perhaps even trigger a recession, said Jeffery Born, a professor of finance at the D’Amore McKim School of Business at Northeastern University. “This fear has […]