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Words - Nasdaq`s INTEL Solutions
Words - Nasdaq`s INTEL Solutions

... 2012, we had commitments of approximately $212.1 million and outstanding loans of approximately $210.6 million in aggregate principal amount. The difference between the amount of commitments and the outstanding loans is attributable to the unfunded portion of revolving loans in our portfolio at that ...
Seasoned Equity Offerings: Quality of Accounting
Seasoned Equity Offerings: Quality of Accounting

... in sales revenue and property plant and equipment and is called the modified DD model (hereafter MDD), which we use as our first proxy of accounting information quality. However, measuring the quality of accounting information is complicated by the fact that applicable accounting standards and tran ...
Spare Parts Pricing - Chalmers Publication Library
Spare Parts Pricing - Chalmers Publication Library

International Variations in IFRS Adoption and Practice
International Variations in IFRS Adoption and Practice

... corporate financing changes. This is especially relevant for countries in transition from Communism. In addition, it is now clear that one country (and even one company) can use more than one system simultaneously for different purposes. This report shows that each accounting system can be classed a ...
Euronav NV
Euronav NV

... voyages, fixed-rate contracts and long-term time charters, which typically include a profit sharing component. We principally employ our VLCCs and expect to employ the remaining 13 undelivered Maersk Acquisition Vessels through the Tankers International Pool, or the TI Pool, a spot market-oriented p ...
Earnings Seasonality and Stock Returns
Earnings Seasonality and Stock Returns

... lower earnings before the seasonal quarter 12 months ago (typically 15, 18 and 21 months before portfolio formation), this does not generate a spread in returns. This suggests that the recency of low earnings is important in generating underreaction to seasonality. The seasonality effect is not pre ...
Departamento de Mercados Primarios Dirección
Departamento de Mercados Primarios Dirección

Annual report
Annual report

... Net debt to EBITDA ratio ...
Overnight Versus Intraday Expected Returns
Overnight Versus Intraday Expected Returns

... bility is that news drives the differences we find. However, we find no statistical difference in our decomposition across news and no-news months, defined as months with and without an earnings announcement or news coverage in Dow Jones Newswire, respectively. As a consequence, we exploit a key di ...
Legal Investor Protection and Takeovers
Legal Investor Protection and Takeovers

The Accruals Anomaly: A 50/50 chance game? Evidence from the
The Accruals Anomaly: A 50/50 chance game? Evidence from the

Siemens Aktiengesellschaft
Siemens Aktiengesellschaft

... from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Siemens’ control, affect Siemen ...
Preferred Shares - Investing For Me
Preferred Shares - Investing For Me

... and the price of oil near U$30/barrel, there still remain concerns about additional cuts to the overnight rate. Source: Bloomberg. (12/31/15) Additionally, the size of the floating rate sector expanded in 2015 as new floating rate preferred shares were created as rate resets extended. With the inter ...
VIAD CORP (Form: DEF 14A, Received: 04/10/2017 13:31:39)
VIAD CORP (Form: DEF 14A, Received: 04/10/2017 13:31:39)

... Board on whether to accept or reject the resignation, or whether other action should be taken. The Board will be required to publicly disclose its decision and the rationale behind it within 90 days of the certification of the election results. The director who tenders his or her resignation will no ...
Extending the Resource-Based View to Explain Venture Capital
Extending the Resource-Based View to Explain Venture Capital

BOSTON PROPERTIES INC
BOSTON PROPERTIES INC

... This report combines the Annual Reports on Form 10-K for the fiscal year ended December 31, 2015 of Boston Properties, Inc. and Boston Properties Limited Partnership. Unless stated otherwise or the context otherwise requires, references to “BXP” mean Boston Properties, Inc., a Delaware corporation a ...
Univar Inc. - cloudfront.net
Univar Inc. - cloudfront.net

... changes in assumptions, the occurrence of events, unanticipated or otherwise and changes in future operating results over time or otherwise. Comparisons of results between current and prior periods are not intended to express any future trends, or indications of future performance, unless expressed ...
notes to the Financial statements for the year
notes to the Financial statements for the year

Morningstar Guide
Morningstar Guide

... This number is different from the fund’s median market cap—the capitalization of the median stock in its portfolio. The geometric mean better identifies the portfolio’s “center of gravity.” That is, it provides more accurate insight into how market trends (as defined by capitalization) might affect ...
May 2016 EU Prospectus - Coca
May 2016 EU Prospectus - Coca

Pilgrim`s Pride Corporation
Pilgrim`s Pride Corporation

... complete and does not contain all the information you should consider. You should read the entire prospectus supplement and the accompanying prospectus carefully including the “Risk Factors” sections and the financial statements and the related notes. Unless the context otherwise requires, “we,” “us ...
The market pricing of accruals quality
The market pricing of accruals quality

... relative importance of reporting standards versus implementation decisions using a cross-jurisdictional design (e.g., Ball et al., 2003) has concluded that the reporting standards are less important than the incentives which drive implementation decisions in determining differences in earnings quali ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... below. In particular, we have sought to simplify our business model by ceasing the aggregation of residential mortgage loans, substantially reducing our Non-Agency RMBS exposure, increasing our Agency RMBS exposure, and reducing expenses. Increased bank capital and liquidity constraints have adverse ...
COCA COLA CO (Form: 10-K, Received: 02/24/2017 11:38
COCA COLA CO (Form: 10-K, Received: 02/24/2017 11:38

... forward-looking statements. Management believes that these forward-looking statements are reasonable as and when made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. Our Company undertak ...
Azure Power Global Ltd (Form: F-1/A, Received: 10/07
Azure Power Global Ltd (Form: F-1/A, Received: 10/07

... declared as one of the winning bidders, but not yet commissioned and operational as of the reporting date. We are targeting having 520MW operating by December 31, 2016. Our longer term goal is to achieve 5GW committed or operating by December 31, 2020. Our ability to achieve these goals will depend ...
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Business valuation

Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to effect a sale of a business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners' ownership interest for buy-sell agreements, and many other business and legal purposes such as in shareholders deadlock, divorce litigation and estate contest. In some cases, the court would appoint a forensic accountant as the joint expert doing the business valuation.
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