NxStage Medical, Inc.
... To the extent the tax benefit is not available at the reporting date under the governing tax law or if we do not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit is presented as a liability and not combined with deferred tax assets. The adoption of this standard di ...
... To the extent the tax benefit is not available at the reporting date under the governing tax law or if we do not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit is presented as a liability and not combined with deferred tax assets. The adoption of this standard di ...
European Banks – Capital
... inevitable conclusion that procrastination is no strategy: bank balance sheets are the problem and more capital is needed. The required ratios are higher than the market is discounting and they will rise further as the full consequences of bail-in resolution are understood. Very few banks are proper ...
... inevitable conclusion that procrastination is no strategy: bank balance sheets are the problem and more capital is needed. The required ratios are higher than the market is discounting and they will rise further as the full consequences of bail-in resolution are understood. Very few banks are proper ...
Buyout Activity: The Impact of Aggregate Discount Rates
... While these aggregate facts strongly suggest the risk premium is the primary driver of buyout activity, we also exploit the cross-section of firms to further distinguish the risk premium from alternative hypotheses. First, riskier firms have a higher cost of capital and greater illiquidity costs, ma ...
... While these aggregate facts strongly suggest the risk premium is the primary driver of buyout activity, we also exploit the cross-section of firms to further distinguish the risk premium from alternative hypotheses. First, riskier firms have a higher cost of capital and greater illiquidity costs, ma ...
Asset Prices and Unit Trusts
... (2005), Khorana, Tufano and Wedge (2007), Khorana, Servaes and Wedge (2007), Chen, Goldstein and Jiang (2008). ...
... (2005), Khorana, Tufano and Wedge (2007), Khorana, Servaes and Wedge (2007), Chen, Goldstein and Jiang (2008). ...
Debunking myths about ETF liquidity
... All ETFs have a minimum unit size (number of ETF shares required to create or redeem directly with the fund). This threshold is set by ETF sponsors and described in the prospectus. ETF units are typically at least 50,000 shares. ...
... All ETFs have a minimum unit size (number of ETF shares required to create or redeem directly with the fund). This threshold is set by ETF sponsors and described in the prospectus. ETF units are typically at least 50,000 shares. ...
Herding Behavior - Evidence from Portuguese Mutual Funds
... For the last two decades, the importance of mutual funds all over the world has increased enormously. In 1950, institutional investors in the US held 6% of the stock market. Today that share represents over 50% of the stock market capitalization (around US dollars 30 trillion) and mutual funds are t ...
... For the last two decades, the importance of mutual funds all over the world has increased enormously. In 1950, institutional investors in the US held 6% of the stock market. Today that share represents over 50% of the stock market capitalization (around US dollars 30 trillion) and mutual funds are t ...
Debunking myths about ETF liquidity
... All ETFs have a minimum unit size (number of ETF shares required to create or redeem directly with the fund). This threshold is set by ETF sponsors and described in the prospectus. ETF units are typically at least 50,000 shares. ...
... All ETFs have a minimum unit size (number of ETF shares required to create or redeem directly with the fund). This threshold is set by ETF sponsors and described in the prospectus. ETF units are typically at least 50,000 shares. ...
PNC Capital Advisors, LLC
... management services. Pricing is based upon the nature of such services as determined by each client’s specific investment policies, permissible investments, and other portfolio management parameters. Account fees may be negotiable on a case-by-case basis based on various factors, including, but not ...
... management services. Pricing is based upon the nature of such services as determined by each client’s specific investment policies, permissible investments, and other portfolio management parameters. Account fees may be negotiable on a case-by-case basis based on various factors, including, but not ...
CITIGROUP`S 2007 ANNUAL REPORT ON FORM 10-K
... As a worldwide business, Citigroup’s financial results are closely tied to the global economic environment. There is a risk of a U.S. and/or global downturn in 2008. A U.S-led economic downturn could negatively impact other markets and economies around the world and could restrict the Company’s grow ...
... As a worldwide business, Citigroup’s financial results are closely tied to the global economic environment. There is a risk of a U.S. and/or global downturn in 2008. A U.S-led economic downturn could negatively impact other markets and economies around the world and could restrict the Company’s grow ...
The Dynamics of the Formal Urban Land market in South Africa
... this trend is beginning to manifest in many inner city areas, as private developers and rental providers experience lengthening delays, uncertainty and increased enforcement costs associated with their development and letting functions. To anticipate and influence such outcomes, the study suggests t ...
... this trend is beginning to manifest in many inner city areas, as private developers and rental providers experience lengthening delays, uncertainty and increased enforcement costs associated with their development and letting functions. To anticipate and influence such outcomes, the study suggests t ...
1 Estate Planning Issues With Intra-Family Loans and Notes Steve R
... transferred $251,540 to his son less than a month before his death (at a time that he had a serious illness) in exchange for an interest-free, unsecured demand note, which by its terms was canceled upon the decedent’s death. The court determined that the property transferred was included in the dece ...
... transferred $251,540 to his son less than a month before his death (at a time that he had a serious illness) in exchange for an interest-free, unsecured demand note, which by its terms was canceled upon the decedent’s death. The court determined that the property transferred was included in the dece ...
Guide to Sound Practices for Hedge Fund Administrators
... foreign exchange (“FX” hereafter) services; tax services (where the Guide outlines specific tax issues for certain jurisdictions); and financial statements. Support and Review With most jurisdictions requiring hedge funds (established as corporate vehicles) to appoint a company secretary, the Guide ...
... foreign exchange (“FX” hereafter) services; tax services (where the Guide outlines specific tax issues for certain jurisdictions); and financial statements. Support and Review With most jurisdictions requiring hedge funds (established as corporate vehicles) to appoint a company secretary, the Guide ...
Are Directors Dealings Informative?
... between company insiders and outside investors.1 Since insiders are involved in the day-to-day business of a company, they are expected to be better informed about the true value of their company’s assets than any other investor. Thus, whenever insiders trade stocks of their company, they are assume ...
... between company insiders and outside investors.1 Since insiders are involved in the day-to-day business of a company, they are expected to be better informed about the true value of their company’s assets than any other investor. Thus, whenever insiders trade stocks of their company, they are assume ...
interest rates - EESC European Economic and Social Committee
... 2. The Bank shall not grant any reduction in interest rates. Where a reduction in the interest rate appears desirable in view of the nature of the investment to be financed, the Member State concerned or some other agency may grant aid towards the payment of interest to the extent that this is compa ...
... 2. The Bank shall not grant any reduction in interest rates. Where a reduction in the interest rate appears desirable in view of the nature of the investment to be financed, the Member State concerned or some other agency may grant aid towards the payment of interest to the extent that this is compa ...
State of the Markets
... Limited Liquidity of the Transaction. There is currently no market for the Default Swaps or Securities. The Default Swaps represent bilateral contracts that cannot be transferred or ...
... Limited Liquidity of the Transaction. There is currently no market for the Default Swaps or Securities. The Default Swaps represent bilateral contracts that cannot be transferred or ...
BFC FINANCIAL CORP (Form: 10-K, Received: 04
... (including laws concerning taxes, banking, securities and insurance); technological changes; the impact of changes in accounting policies by the Securities and Exchange Commission; and with respect to the operations of Levitt Companies, LLC ("Levitt Companies") and its real estate subsidiaries: the ...
... (including laws concerning taxes, banking, securities and insurance); technological changes; the impact of changes in accounting policies by the Securities and Exchange Commission; and with respect to the operations of Levitt Companies, LLC ("Levitt Companies") and its real estate subsidiaries: the ...
annual report
... • Institutional and Class K Shares are not subject to any sales charge. These shares bear no ongoing distribution or service fees and are available only to certain eligible investors. Prior to June 28, 2010, Class K Shares performance results are those of the Institutional Shares of BlackRock Capita ...
... • Institutional and Class K Shares are not subject to any sales charge. These shares bear no ongoing distribution or service fees and are available only to certain eligible investors. Prior to June 28, 2010, Class K Shares performance results are those of the Institutional Shares of BlackRock Capita ...
Rethinking the Role of Recourse in the Sale of Financial Assets
... The authors of this Article try to answer these questions by rethinking the role of recourse in the sale of financial assets. The concept of "true sale" is profoundly significant in today's commercial world. Defining true sale is the holy grail of the securitization market, a market in which hundred ...
... The authors of this Article try to answer these questions by rethinking the role of recourse in the sale of financial assets. The concept of "true sale" is profoundly significant in today's commercial world. Defining true sale is the holy grail of the securitization market, a market in which hundred ...
Appendix III: Credit Growth OLS Regression, Summary Statistics
... legislation, the National Credit Act of 2005 (NCA). Since its promulgation, domestic credit extension within the country has grown dramatically. Within the total credit extension, unsecured credit has more than tripled from 2007 to 2012 and has witnessed increasing default rates by debtors who obtai ...
... legislation, the National Credit Act of 2005 (NCA). Since its promulgation, domestic credit extension within the country has grown dramatically. Within the total credit extension, unsecured credit has more than tripled from 2007 to 2012 and has witnessed increasing default rates by debtors who obtai ...
ODART 2017-1 Private Placement Memorandum
... • Overcollateralization, which is the excess of the aggregate adjusted loan principal balance of the direct auto loans over the aggregate principal balance of the Notes and is described more fully under “Summary Information—Credit Enhancement” in this private placement memorandum. • Excess spread av ...
... • Overcollateralization, which is the excess of the aggregate adjusted loan principal balance of the direct auto loans over the aggregate principal balance of the Notes and is described more fully under “Summary Information—Credit Enhancement” in this private placement memorandum. • Excess spread av ...
SCHEME INFORMATION DOCUMENT MAHINDRA MUTUAL FUND BACHAT YOJANA
... The sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond the initial contribution of Rs. 1 lakh made by it towards setting up the Fund. The present scheme is not a guaranteed or assured return scheme. ...
... The sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond the initial contribution of Rs. 1 lakh made by it towards setting up the Fund. The present scheme is not a guaranteed or assured return scheme. ...
Did the recent financial crisis affect credibility of credit rating agencies?
... Moody’s started with rating solely the creditworthiness of railroad bonds, nowadays heads of states attach great importance to ratings assigned to their countries creditworthiness. A decrease in creditworthiness could logically increase the interest countries/corporates have to pay on its bond issue ...
... Moody’s started with rating solely the creditworthiness of railroad bonds, nowadays heads of states attach great importance to ratings assigned to their countries creditworthiness. A decrease in creditworthiness could logically increase the interest countries/corporates have to pay on its bond issue ...
Limited Attention and the Uninformative Persuasion of Mutual Fund
... recognize the influence of time on HPR calculation horizons and direct disproportionate flows towards funds which benefit from the statute of limitations expiring on prior poor performance. We refer to this as the stale performance effect. These allocations are also markedly asymmetric. Investors re ...
... recognize the influence of time on HPR calculation horizons and direct disproportionate flows towards funds which benefit from the statute of limitations expiring on prior poor performance. We refer to this as the stale performance effect. These allocations are also markedly asymmetric. Investors re ...