1 Do CEOs in Mergers Trade Power for Premium? Evidence From
... possible, the findings generally support the hypothesis that CEOs trade “power for premium.” The first novel finding in this paper is that while MOE transactions create value, the combined abnormal returns are not significantly different than a matched sample of mergers. The paper’s most interestin ...
... possible, the findings generally support the hypothesis that CEOs trade “power for premium.” The first novel finding in this paper is that while MOE transactions create value, the combined abnormal returns are not significantly different than a matched sample of mergers. The paper’s most interestin ...
VIX® as a stock market sentiment indicator
... desirable when stockholders are worried. Additionally, call options are also more desirable when investors are worried, since buying them provides upside possibilities but does not have big downside risk associated with owning stocks. Only the capital invested in options will be lost if the vision t ...
... desirable when stockholders are worried. Additionally, call options are also more desirable when investors are worried, since buying them provides upside possibilities but does not have big downside risk associated with owning stocks. Only the capital invested in options will be lost if the vision t ...
FORM 10-K - Barchart.com
... strategies, our efforts to increase bookings, sales and revenues, projections of our future profitability, results of operations, capital expenditures, our financial condition or other "forward-looking" information and include statements about revenues, earnings, spending, margins, costs or our acti ...
... strategies, our efforts to increase bookings, sales and revenues, projections of our future profitability, results of operations, capital expenditures, our financial condition or other "forward-looking" information and include statements about revenues, earnings, spending, margins, costs or our acti ...
Pension Fund Asset Allocation and Liability Discount Rates
... investments in risky assets at times when they have relatively fewer attractive opportunities or limited capacity to select and monitor additional risky investments, in which case we could expect them to underperform. We evaluate the investment performance by adjusting the pension fund returns for b ...
... investments in risky assets at times when they have relatively fewer attractive opportunities or limited capacity to select and monitor additional risky investments, in which case we could expect them to underperform. We evaluate the investment performance by adjusting the pension fund returns for b ...
LUXOTTICA ANNUAL REVIEW 2011
... few years, to serve 2 billion potential new consumers worldwide and we aim to face this challenge with great enthusiasm and determination. Simplicity and speed, along with an ability to adapt and evolve rapidly, have always represented Luxottica’s core characteristics and will continue to be key to ...
... few years, to serve 2 billion potential new consumers worldwide and we aim to face this challenge with great enthusiasm and determination. Simplicity and speed, along with an ability to adapt and evolve rapidly, have always represented Luxottica’s core characteristics and will continue to be key to ...
3 - corporate
... This proxy statement is furnished in connection with the solicitation by the Board of Directors (the “Board”) of Schlumberger Limited (Schlumberger N.V.) (“Schlumberger” or the “Company”) of proxies to be voted at its 2017 annual general meeting of stockholders, which will be held at the Avila Beach ...
... This proxy statement is furnished in connection with the solicitation by the Board of Directors (the “Board”) of Schlumberger Limited (Schlumberger N.V.) (“Schlumberger” or the “Company”) of proxies to be voted at its 2017 annual general meeting of stockholders, which will be held at the Avila Beach ...
barrick gold corporation
... One of the reasons Barrick has been able to advance an ambitious exploration and development program is the financial strength we’ve built over the years, with the industry’s only A-rated balance sheet and nearly $1 billion in cash. We also improved our capital structure and lowered our cost of capi ...
... One of the reasons Barrick has been able to advance an ambitious exploration and development program is the financial strength we’ve built over the years, with the industry’s only A-rated balance sheet and nearly $1 billion in cash. We also improved our capital structure and lowered our cost of capi ...
IMPORTANT NOTICE THIS DOCUMENT IS AVAILABLE ONLY TO
... responsibility or liability, whether arising in tort, contract or otherwise (save as referred to above), which it might otherwise have in respect of this Prospectus or any such statement. Over-allotment and stabilisation In connection with the Offer, Morgan Stanley & Co. International plc (the ‘‘Sta ...
... responsibility or liability, whether arising in tort, contract or otherwise (save as referred to above), which it might otherwise have in respect of this Prospectus or any such statement. Over-allotment and stabilisation In connection with the Offer, Morgan Stanley & Co. International plc (the ‘‘Sta ...
OM Asset Management plc (Form: 10-K, Received
... future performance of our business, anticipated future investment performance of our Affiliates, our expected future net cash flows, our anticipated expense levels, changes in expense, the expected effects of acquisitions and expectations regarding market conditions, and other statements that are no ...
... future performance of our business, anticipated future investment performance of our Affiliates, our expected future net cash flows, our anticipated expense levels, changes in expense, the expected effects of acquisitions and expectations regarding market conditions, and other statements that are no ...
GFI Group Inc. (Form: 10-K, Received: 03/13/2015
... Consolidated Financial Statements in Part II—Item 8 for further information on our revenues by segment and geographic region. Acquisition by BGC Partners, Inc. and Termination of the CME Merger On February 26, 2015, BGC Partners Inc. ("BGC") successfully completed its tender offer to acquire shares ...
... Consolidated Financial Statements in Part II—Item 8 for further information on our revenues by segment and geographic region. Acquisition by BGC Partners, Inc. and Termination of the CME Merger On February 26, 2015, BGC Partners Inc. ("BGC") successfully completed its tender offer to acquire shares ...
The Malta Alternative Investment Funds
... financial difficulties experienced which have been viewed as being amplified by the activities of Alternative Investment Fund Managers (AIFMs). It aims to establish common requirements for the authorization and supervision of AIFMs and AIFs. It also provides a harmonized regulatory framework for the ac ...
... financial difficulties experienced which have been viewed as being amplified by the activities of Alternative Investment Fund Managers (AIFMs). It aims to establish common requirements for the authorization and supervision of AIFMs and AIFs. It also provides a harmonized regulatory framework for the ac ...
Understanding trading and investment warrants
... price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. The exercise price is generally fixed when the warrants are issued. However, the exercise price could be variable. For example the exercise price of self-funding instalment ...
... price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. The exercise price is generally fixed when the warrants are issued. However, the exercise price could be variable. For example the exercise price of self-funding instalment ...
A Theory of Repurchase Agreements, Collateral Re-use
... their funding needs by selling their assets spot or in repo sales, characterized as loans contracts exhibiting the key features of repos described above. In equilibrium, investors trade repos rather than spot. Haircuts increase with counterparty and asset risk but can be negative when collateral is ...
... their funding needs by selling their assets spot or in repo sales, characterized as loans contracts exhibiting the key features of repos described above. In equilibrium, investors trade repos rather than spot. Haircuts increase with counterparty and asset risk but can be negative when collateral is ...
SP170: Did NASDAQ market makers successfully collude to
... As noted in the DOJ Report (1996, p. 12), “if a market maker’s dealer spread in a stock is ¾ point (75 cents) or wider, the market maker is required to quote its bid and ask prices in even-eighth increments …. This ensures that the inside spread in those stocks is maintained at ¼ point (25 cents), o ...
... As noted in the DOJ Report (1996, p. 12), “if a market maker’s dealer spread in a stock is ¾ point (75 cents) or wider, the market maker is required to quote its bid and ask prices in even-eighth increments …. This ensures that the inside spread in those stocks is maintained at ¼ point (25 cents), o ...