Summary Prospectus - Select Sector SPDRs
... companies experience substantial declines in the valuations of their assets, take action to raise capital (such as the issuance of debt or equity securities), or cease operations. Credit losses resulting from financial difficulties of borrowers and financial losses associated with investment activit ...
... companies experience substantial declines in the valuations of their assets, take action to raise capital (such as the issuance of debt or equity securities), or cease operations. Credit losses resulting from financial difficulties of borrowers and financial losses associated with investment activit ...
RTF - OTC Markets
... companies may experience a dramatic decline in value when such companies experience substantial declines in the valuations of their assets, take action to raise capital (such as the issuance of debt or equity securities), or cease operations. Credit losses resulting from financial difficulties of bo ...
... companies may experience a dramatic decline in value when such companies experience substantial declines in the valuations of their assets, take action to raise capital (such as the issuance of debt or equity securities), or cease operations. Credit losses resulting from financial difficulties of bo ...
The Eurozone Crisis
... competitively weak, and the pre-crisis buoyancy in some of them was not sustainable. The econometric results show, indeed, that countries with weaker competitiveness were prone to greater sovereign stress resulting from financial sector weakness. Thus, during this key phase, financial shocks transla ...
... competitively weak, and the pre-crisis buoyancy in some of them was not sustainable. The econometric results show, indeed, that countries with weaker competitiveness were prone to greater sovereign stress resulting from financial sector weakness. Thus, during this key phase, financial shocks transla ...
The Growing Prominence of Non-Cash Collateral
... Many borrowers hold on their balance sheets large amounts of equities and investment-grade corporate bonds that may be eligible for posting in non-cash securities lending transactions. A typical example would be a broker/dealer that can use equity and fixed income securities that are re-hypothecated ...
... Many borrowers hold on their balance sheets large amounts of equities and investment-grade corporate bonds that may be eligible for posting in non-cash securities lending transactions. A typical example would be a broker/dealer that can use equity and fixed income securities that are re-hypothecated ...
Debt reduction without default? - Archive of European Integration
... strongest country sets a benchmark for fiscal policy, to which other countries have to adjust (assuming they cannot persuade or force this country to act against its own (perceived and short-term) national interest). It is therefore not surprising that the complaints of those who feel bothered by ‘a ...
... strongest country sets a benchmark for fiscal policy, to which other countries have to adjust (assuming they cannot persuade or force this country to act against its own (perceived and short-term) national interest). It is therefore not surprising that the complaints of those who feel bothered by ‘a ...
The Conditional Relationship between Risk and Return in Iran`s
... unsystematic risk (or diversifiable risk) and systematic risk. Unsystematic risk is specific to a portfolio and it is controllable and reducible by diversification, but systematic is due to external factors and is not reducible by diversification. The systematic risk-return trade-off in the stock ma ...
... unsystematic risk (or diversifiable risk) and systematic risk. Unsystematic risk is specific to a portfolio and it is controllable and reducible by diversification, but systematic is due to external factors and is not reducible by diversification. The systematic risk-return trade-off in the stock ma ...
Short-Selling Bans and Bank Stability
... do not affect the price. Hence, prices should rise above their full-information values when a ban is imposed, and decline when it is lifted. Miller’s mechanical prediction does not survive in the rational expectations framework of Diamond and Verrecchia (1987), where risk-neutral investors adjust t ...
... do not affect the price. Hence, prices should rise above their full-information values when a ban is imposed, and decline when it is lifted. Miller’s mechanical prediction does not survive in the rational expectations framework of Diamond and Verrecchia (1987), where risk-neutral investors adjust t ...
Determinants of Financial Leverage in Indian Pharmaceutical Industry
... Modigliani Miller (1958) found that the market value of a firm is affected by the structure of its debts. l MM (1969) found that in the presence of corporate income tax but in the absence of bankruptcy risk, there is a linear relationship between the value of levered firm and of i ...
... Modigliani Miller (1958) found that the market value of a firm is affected by the structure of its debts. l MM (1969) found that in the presence of corporate income tax but in the absence of bankruptcy risk, there is a linear relationship between the value of levered firm and of i ...
October 31 , 2016 This is what late cycle looks like… Weakness
... May 2015 all-time high. Same can be said for the Russell 2000 Index – which includes 2000 companies – where, as of the end of last week is almost -8% below its all-time high reached in June 2015. Speaking of late cycle, is there any better indicator of late cycle activity than when the The articles ...
... May 2015 all-time high. Same can be said for the Russell 2000 Index – which includes 2000 companies – where, as of the end of last week is almost -8% below its all-time high reached in June 2015. Speaking of late cycle, is there any better indicator of late cycle activity than when the The articles ...
westpac`s response to the final report of the financial system inquiry
... Currently, a number of legal and regulatory mechanisms in Australia’s consumer protection framework require this accountability. In turn, many product issuers and distributors reflect these requirements through their policies and governance arrangements for product design and distribution. Implement ...
... Currently, a number of legal and regulatory mechanisms in Australia’s consumer protection framework require this accountability. In turn, many product issuers and distributors reflect these requirements through their policies and governance arrangements for product design and distribution. Implement ...
Ch 16
... • Debt-to-equity ratios vary across industries. • Factors in Target D/E Ratio – Taxes • If corporate tax rates are higher than bondholder tax rates, there is an advantage to debt. – Types of Assets • The costs of financial distress depend on the types of assets the firm has. – Uncertainty of Operati ...
... • Debt-to-equity ratios vary across industries. • Factors in Target D/E Ratio – Taxes • If corporate tax rates are higher than bondholder tax rates, there is an advantage to debt. – Types of Assets • The costs of financial distress depend on the types of assets the firm has. – Uncertainty of Operati ...
Screening for Growth and Value Based on “What Works on Wall
... other tests of dividend safety were tested and discarded. An examination of the adequate coverage of dividend payouts from cash flow or earnings is a common divided strength requirement. We followed the O’Shaughnessy screen and looked for firms with cash flow per share greater then $1.60, which redu ...
... other tests of dividend safety were tested and discarded. An examination of the adequate coverage of dividend payouts from cash flow or earnings is a common divided strength requirement. We followed the O’Shaughnessy screen and looked for firms with cash flow per share greater then $1.60, which redu ...