eDreams ODIGEO Quarter Ended March 31 2016 Results presentation
... Certain statements included or incorporated by reference within this presentation may constitute “forward-looking statements” in respect of the Group’s operations, performance, prospects and/or financial condition and the industry in which the Group operates. By their nature, forward-looking stateme ...
... Certain statements included or incorporated by reference within this presentation may constitute “forward-looking statements” in respect of the Group’s operations, performance, prospects and/or financial condition and the industry in which the Group operates. By their nature, forward-looking stateme ...
The Good, the Bad, and the Ugly: An inquiry into the causes and
... creating a boom and leading to an improvement in borrower net worth. During a boom, with an improved net worth, the agents are now able to finance the Bad projects. The credit is now redirected from the Good to the Bad. This change in the composition of credit and of investment at the peak of the bo ...
... creating a boom and leading to an improvement in borrower net worth. During a boom, with an improved net worth, the agents are now able to finance the Bad projects. The credit is now redirected from the Good to the Bad. This change in the composition of credit and of investment at the peak of the bo ...
The Effect of Change in Base Lending Rate on
... rates are primarily a reflection of high costs of doing business, as one survey has indicated, then measures to reduce these costs could be the most effective response. If, however, high interest rates are a consequence of insufficient competition, other more appropriately targeted measures may be j ...
... rates are primarily a reflection of high costs of doing business, as one survey has indicated, then measures to reduce these costs could be the most effective response. If, however, high interest rates are a consequence of insufficient competition, other more appropriately targeted measures may be j ...
Danish Covered Bond Handbook
... Investors have a privileged position in the case of bankruptcy, rendering covered bond bankruptcy remote. The mandatory overcollateralisation of the cover pool is subject to the selection of either the general or the specific balance principle. Mortgage banks are closely supervised by the Danish FSA ...
... Investors have a privileged position in the case of bankruptcy, rendering covered bond bankruptcy remote. The mandatory overcollateralisation of the cover pool is subject to the selection of either the general or the specific balance principle. Mortgage banks are closely supervised by the Danish FSA ...
chapter 26 valuing real estate
... as well. Real estate investments comprise the most significant component of real asset investments. For many years, analysts in real estate have used their own variants on valuation models to value real estate. Real estate is too different an asset class, they argue, to be valued with models develop ...
... as well. Real estate investments comprise the most significant component of real asset investments. For many years, analysts in real estate have used their own variants on valuation models to value real estate. Real estate is too different an asset class, they argue, to be valued with models develop ...
Schroders The effect of unstable correlations on portfolio diversification
... Is it possible to use information from conditional analysis of correlations to build portfolios? We see this issue as a corollary of our earlier paper in which we showed the behaviour of an asset class is (among other factors) a function of its valuation. In relation to equities we demonstrated that ...
... Is it possible to use information from conditional analysis of correlations to build portfolios? We see this issue as a corollary of our earlier paper in which we showed the behaviour of an asset class is (among other factors) a function of its valuation. In relation to equities we demonstrated that ...
Non-rating revenue and conflicts of interest
... ABSTRACT. Rating agencies produce ratings used by investors, but obtain most of their revenue from issuers, both as ratings fees and as payment for other services. This leads to a potential conflict of interest. We employ a detailed panel data set on the use of non-rating services as well as payment ...
... ABSTRACT. Rating agencies produce ratings used by investors, but obtain most of their revenue from issuers, both as ratings fees and as payment for other services. This leads to a potential conflict of interest. We employ a detailed panel data set on the use of non-rating services as well as payment ...
Using Cash Flow Dynamics to Price Thinly Traded Assets
... Beta estimates for this bias (see, for example, Cohen, Hawawini, Maier, Schwartz and Whitcomb (1983), Dimson (1979), Scholes and Williams (1977)). In the current study we use a different approach, focusing on cash flow dynamics to account for risk. This is not a new concept, although, as far as we ...
... Beta estimates for this bias (see, for example, Cohen, Hawawini, Maier, Schwartz and Whitcomb (1983), Dimson (1979), Scholes and Williams (1977)). In the current study we use a different approach, focusing on cash flow dynamics to account for risk. This is not a new concept, although, as far as we ...
The Pass-Through of Sovereign Risk ∗ Luigi Bocola January 2014
... 2013), it does allow for a transparent analysis of these transmission channels.8 This paper contributes to a growing literature on the aggregate implications of shocks to the balance sheet of financial intermediaries. In particular, I build on the modeling framework developed by Gertler and Kiyotaki ...
... 2013), it does allow for a transparent analysis of these transmission channels.8 This paper contributes to a growing literature on the aggregate implications of shocks to the balance sheet of financial intermediaries. In particular, I build on the modeling framework developed by Gertler and Kiyotaki ...
TeraGo Reports 2015 Year End Financial
... development and deployment of VMware vCloud powered services. The collaboration enables the Company’s faster time-to-market delivery of enhanced VMware based cloud solutions. ...
... development and deployment of VMware vCloud powered services. The collaboration enables the Company’s faster time-to-market delivery of enhanced VMware based cloud solutions. ...
securities and exchange commission
... We have outstanding options that have the potential to dilute shareholder value and cause the price of our common stock to decline. In the past, we have offered, and we expect to continue to offer, stock options or other forms of stock-based compensation to our directors, officers and employees. If ...
... We have outstanding options that have the potential to dilute shareholder value and cause the price of our common stock to decline. In the past, we have offered, and we expect to continue to offer, stock options or other forms of stock-based compensation to our directors, officers and employees. If ...
Listed Infrastructure
... transparency, and have lower management fees, than private or direct equity investments. Diversification across regions and sectors may be more easily effected as investors are not obliged to concentrate their allocations in a handful of large assets. Companies often have a lower level of leverage t ...
... transparency, and have lower management fees, than private or direct equity investments. Diversification across regions and sectors may be more easily effected as investors are not obliged to concentrate their allocations in a handful of large assets. Companies often have a lower level of leverage t ...
Privatizing Fannie and Freddie: Be Careful What
... government-sponsored enterprises and release them from conservatorship. Fannie and Freddie were remarkably profitable prior to the financial crisis, after all, and have been consistently in the black recently. Why embark on the laborious, risky and now stalled process of fundamental reform when we c ...
... government-sponsored enterprises and release them from conservatorship. Fannie and Freddie were remarkably profitable prior to the financial crisis, after all, and have been consistently in the black recently. Why embark on the laborious, risky and now stalled process of fundamental reform when we c ...
words
... persons in the United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive and that are also (1) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (2 ...
... persons in the United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive and that are also (1) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (2 ...