3 - corporate
... All of our directors are elected annually at our annual general meeting of stockholders. Our stockholders are requested to elect 12 nominees to the Board, each to hold office until the next annual general meeting of stockholders and until a director’s successor is elected and qualified or until a di ...
... All of our directors are elected annually at our annual general meeting of stockholders. Our stockholders are requested to elect 12 nominees to the Board, each to hold office until the next annual general meeting of stockholders and until a director’s successor is elected and qualified or until a di ...
Mutual Funds and Bubbles: The Surprising Role of Contractual
... cautious/prudent view toward the rising stock market.1 In this article, we focus on a twofold question: whether the mutual fund industry contributed to the technology bubble of the late 1990s, and if so, what would have induced mutual fund managers to abstain from participating in the bubble frenzy. ...
... cautious/prudent view toward the rising stock market.1 In this article, we focus on a twofold question: whether the mutual fund industry contributed to the technology bubble of the late 1990s, and if so, what would have induced mutual fund managers to abstain from participating in the bubble frenzy. ...
MBB Update- HOLD
... merchantability or fitness for a particular purpose or use with respect to any data included in this report. ACBS will not treat unauthorized recipients of this report as its clients. Prices shown (if any) are indicative and ACBS is not offering to buy or sell or soliciting offers to buy or sell any ...
... merchantability or fitness for a particular purpose or use with respect to any data included in this report. ACBS will not treat unauthorized recipients of this report as its clients. Prices shown (if any) are indicative and ACBS is not offering to buy or sell or soliciting offers to buy or sell any ...
Relevance or irrelevance of retention for dividend policy irrelevance
... If h1 < 0 , i.e. retention is chosen, then dividend policy is irrelevant if the amount − h1 is invested in a zero-NPV project. In such a case, the reduction in the first dividend is compensated by the distribution of an extra dividend h2 > 0 at the final date, such that the previous reduction is neu ...
... If h1 < 0 , i.e. retention is chosen, then dividend policy is irrelevant if the amount − h1 is invested in a zero-NPV project. In such a case, the reduction in the first dividend is compensated by the distribution of an extra dividend h2 > 0 at the final date, such that the previous reduction is neu ...
Offering Memorandum - Morrison Laurier Mortgage Corporation
... Certain statements contained in this Offering Memorandum constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact are forwardlooking statements. The use of any of the words “anticipate”, “contin ...
... Certain statements contained in this Offering Memorandum constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact are forwardlooking statements. The use of any of the words “anticipate”, “contin ...
Regulatory Notice 13-07
... firm acts as principal and buys for the member’s account from its customer, or sells from the member’s account to its customer, that the member firm must buy or sell at a price which is fair and reasonable, taking into consideration all relevant facts and circumstances, including market conditions w ...
... firm acts as principal and buys for the member’s account from its customer, or sells from the member’s account to its customer, that the member firm must buy or sell at a price which is fair and reasonable, taking into consideration all relevant facts and circumstances, including market conditions w ...
securities and exchange commission - corporate
... 21,773,340 shares of Series B common stock, par value $0.0001 per share (“Series B Shares”), and warrants to purchase 3,150,000 Series B Shares that we plan to issue in exchange for certain assets under the terms of an Asset Contribution Agreement that we have entered into with our parent BioTime, I ...
... 21,773,340 shares of Series B common stock, par value $0.0001 per share (“Series B Shares”), and warrants to purchase 3,150,000 Series B Shares that we plan to issue in exchange for certain assets under the terms of an Asset Contribution Agreement that we have entered into with our parent BioTime, I ...
Factors that influence the decision of a firm to offer a - UvA-DARE
... Usually a discount is offered to participants, which implies that the shares are reinvested against a lower price than the spot rate. Moreover, transaction costs are often much lower than when stocks are purchased through a traditional broker. In addition, many firms also offer participants the opti ...
... Usually a discount is offered to participants, which implies that the shares are reinvested against a lower price than the spot rate. Moreover, transaction costs are often much lower than when stocks are purchased through a traditional broker. In addition, many firms also offer participants the opti ...
Nuveen Build America Bond Fund
... Build America Bonds. BABs are taxable municipal securities that include bonds issued by state and local governments to finance capital projects such as public schools, roads, transportation infrastructure, bridges, ports and public buildings, among others, pursuant to the American Recovery and Rein ...
... Build America Bonds. BABs are taxable municipal securities that include bonds issued by state and local governments to finance capital projects such as public schools, roads, transportation infrastructure, bridges, ports and public buildings, among others, pursuant to the American Recovery and Rein ...
The Time-Varying Liquidity Risk of Value and Growth Stocks
... less risky than growth stocks and risk averse investors would prefer value stocks. This finding is important since the value premium is stronger among small firms. We provide supplemental evidence that supports the flight-to-quality hypothesis. Specifically, we analyze trade-based order imbalances a ...
... less risky than growth stocks and risk averse investors would prefer value stocks. This finding is important since the value premium is stronger among small firms. We provide supplemental evidence that supports the flight-to-quality hypothesis. Specifically, we analyze trade-based order imbalances a ...
Word - corporate
... Commission (“SEC”) or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors , of our Annual Report on Form 10-K for the year ended January 3, 2015 (the “Form 10-K”) and Part II, Ite ...
... Commission (“SEC”) or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors , of our Annual Report on Form 10-K for the year ended January 3, 2015 (the “Form 10-K”) and Part II, Ite ...
Consequential Damages for Commercial Loss
... The rule for recovery of contract damages was framed by the Hadley court as follows: Where two parties have made a contract which one of them has broken, the damages which the other party ought to receive in respect of such breach of contract should be such as may fairly and reasonably be considered ...
... The rule for recovery of contract damages was framed by the Hadley court as follows: Where two parties have made a contract which one of them has broken, the damages which the other party ought to receive in respect of such breach of contract should be such as may fairly and reasonably be considered ...
strategic asset allocation
... • In the context of determining a strategic asset allocation, the asset/liability management (ALM) approach involves explicitly modeling liabilities and adopting the optimal asset allocation in relationship to funding liabilities. • Investors other than those with significant future liabilities may ...
... • In the context of determining a strategic asset allocation, the asset/liability management (ALM) approach involves explicitly modeling liabilities and adopting the optimal asset allocation in relationship to funding liabilities. • Investors other than those with significant future liabilities may ...
Morning Briefing Global Economic Trading Calendar
... European bourses are initially seen little changed Friday, with the FTSE seen unchanged and the CAC and DAX both higher by 0.1%. US STOCKS CLOSE: Stocks eked out modest gains mostly Thursday, ...
... European bourses are initially seen little changed Friday, with the FTSE seen unchanged and the CAC and DAX both higher by 0.1%. US STOCKS CLOSE: Stocks eked out modest gains mostly Thursday, ...
KEYW HOLDING CORP (Form: 10-K, Received: 03
... The matters discussed in this Annual Report may constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, activity levels, per ...
... The matters discussed in this Annual Report may constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, activity levels, per ...
EMPIRICAL INVESTIGATION OF DETERMINANT FACTORS OF
... profitability, median assets and market capitalization less than $230 million. By using the ROA as a measurement of profitability, Chaplinsky and Ramchand (2006) observed over the results of entire sample period, 1961-2004, that at the time of listing, the delisted firms have lower profitability in ...
... profitability, median assets and market capitalization less than $230 million. By using the ROA as a measurement of profitability, Chaplinsky and Ramchand (2006) observed over the results of entire sample period, 1961-2004, that at the time of listing, the delisted firms have lower profitability in ...
The Performance of Individual Investors in Structured Financial
... proposition, as structured products that mature will need to be replaced. We extend this work by analyzing the realized performance of retail investors who trade investment certificates. In particular, we are the first to identify the influence of issuers’ pricing policy, transaction costs and effec ...
... proposition, as structured products that mature will need to be replaced. We extend this work by analyzing the realized performance of retail investors who trade investment certificates. In particular, we are the first to identify the influence of issuers’ pricing policy, transaction costs and effec ...
Short (finance)
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In finance, short selling (also known as shorting or going short) is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them (""covering""). In the event of an interim price decline, the short seller will profit, since the cost of (re)purchase will be less than the proceeds which were received upon the initial (short) sale. Conversely, the short position will be closed out at a loss in the event that the price of a shorted instrument should rise prior to repurchase. The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position. In the securities markets, the seller generally must borrow the securities in order to effect delivery in the short sale. In some cases, the short seller must pay a fee to borrow the securities and must additionally reimburse the lender for cash returns the lender would have received had the securities not been loaned out.Short selling is most commonly done with instruments traded in public securities, futures or currency markets, due to the liquidity and real-time price dissemination characteristic of such markets and because the instruments defined within each class are fungible.In practical terms, going short can be considered the opposite of the conventional practice of ""going long"", whereby an investor profits from an increase in the price of the asset. Mathematically, the return from a short position is equivalent to that of owning (being ""long"") a negative amount of the instrument. A short sale may be motivated by a variety of objectives. Speculators may sell short in the hope of realizing a profit on an instrument which appears to be overvalued, just as long investors or speculators hope to profit from a rise in the price of an instrument which appears undervalued. Traders or fund managers may hedge a long position or a portfolio through one or more short positions.