Share Valuation and Evaluation of the Effect of the Use of Defense
... The aim of this research is to evaluate the effect of the transition from a cooperative into an stockexchange listed Investor-Owned Firm on the value of shares in ForFarmers, to determine what defense mechanism are available to ForFarmers to protect the firm from a takeover and how these mechanisms ...
... The aim of this research is to evaluate the effect of the transition from a cooperative into an stockexchange listed Investor-Owned Firm on the value of shares in ForFarmers, to determine what defense mechanism are available to ForFarmers to protect the firm from a takeover and how these mechanisms ...
Exit Strategies of Venture Capitalists in Hot Issue Markets: Evidence
... closely linked because the going public of a firm offers an important exit opportunity for early investors. This applies especially for hot issue markets, i.e., periods in which equity prices are extraordinary high and the number of IPOs increases dramatically (Lemer, 1994). Thus, the opening of a n ...
... closely linked because the going public of a firm offers an important exit opportunity for early investors. This applies especially for hot issue markets, i.e., periods in which equity prices are extraordinary high and the number of IPOs increases dramatically (Lemer, 1994). Thus, the opening of a n ...
Introduction to Volatility
... correspond to a falling stock price. But fast rising markets also have a high level of volatility. There periods of quiet trading when volatility is low, and aggressive trading when volatility is high. Periods of high volatility are often caused by an emotionally driven market. Emotions, such as gre ...
... correspond to a falling stock price. But fast rising markets also have a high level of volatility. There periods of quiet trading when volatility is low, and aggressive trading when volatility is high. Periods of high volatility are often caused by an emotionally driven market. Emotions, such as gre ...
Liquidity Provision, Information, and Inventory - cfr
... actualize this competitive advantage. Further, financial institutional traders use order revisions to mitigate the incremental execution costs on earnings announcements days, when information uncertainty and the value of private information are high. Bloomfield et al. (2005) show that, in an experi ...
... actualize this competitive advantage. Further, financial institutional traders use order revisions to mitigate the incremental execution costs on earnings announcements days, when information uncertainty and the value of private information are high. Bloomfield et al. (2005) show that, in an experi ...
Do Stocks with Dividends Outperform the Market during Recessions?
... payers. The more interesting result was that, whatever their characteristics, firms had simply become less likely to pay dividends. The evidence that firms had become less likely to pay dividends, even after controlling for characteristics, suggested that the perceived benefits of dividends had decl ...
... payers. The more interesting result was that, whatever their characteristics, firms had simply become less likely to pay dividends. The evidence that firms had become less likely to pay dividends, even after controlling for characteristics, suggested that the perceived benefits of dividends had decl ...
RADIUS GOLD INC. (Form: 20-F, Received: 05/15
... A hydrothermal ore deposit –typically a vein system- formed at intermediate temperatures (200-300ºC) and pressures/depths. Under CIM standards, a mineral resource is a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the earth’s crust in such form and ...
... A hydrothermal ore deposit –typically a vein system- formed at intermediate temperatures (200-300ºC) and pressures/depths. Under CIM standards, a mineral resource is a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the earth’s crust in such form and ...
FEDEX CORP (Form: 424B3, Received: 01/03/2017 08:57:53)
... payments may be restricted by, among other things, applicable state and foreign corporate laws and other laws and regulations. In addition, our right and the rights of our creditors, including holders of the notes, to participate in the assets of any subsidiary upon its liquidation or reorganization ...
... payments may be restricted by, among other things, applicable state and foreign corporate laws and other laws and regulations. In addition, our right and the rights of our creditors, including holders of the notes, to participate in the assets of any subsidiary upon its liquidation or reorganization ...
An Introduction to Asset Pricing Models
... betas for individual stocks are not stable, but portfolio betas are reasonably stable. Further, the larger the portfolio of stocks and longer the period, the more stable the beta of the portfolio ...
... betas for individual stocks are not stable, but portfolio betas are reasonably stable. Further, the larger the portfolio of stocks and longer the period, the more stable the beta of the portfolio ...
Electronic Market-Makers: Empirical Comparison
... There has been a large increase in electronic exchanges and automatic trading in the past few years. Currently many modern exchanges, such as NYSE, NASDAQ, and Toronto Stock Exchange and even prediction markets, such as tradesports.com, use agents, called market-makers. In the past market-makers wer ...
... There has been a large increase in electronic exchanges and automatic trading in the past few years. Currently many modern exchanges, such as NYSE, NASDAQ, and Toronto Stock Exchange and even prediction markets, such as tradesports.com, use agents, called market-makers. In the past market-makers wer ...
Price Discovery in Iran Gold Coin Market
... alternative options in time of downward stock market due to the low level of market openness and they shift their portfolios to other safe domestic investments.Thus, gold market in Iran may follow same pattern as developed markets and show inverted asymmetric reaction to positive and negative shocks ...
... alternative options in time of downward stock market due to the low level of market openness and they shift their portfolios to other safe domestic investments.Thus, gold market in Iran may follow same pattern as developed markets and show inverted asymmetric reaction to positive and negative shocks ...
Investment Analysis and Portfolio Management
... general, the difference between the geometric and arithmetic means increases with the variability of the periodby-period observations. B. The geometric mean return is more meaningful than the arithmetic mean return for an investor concerned with the terminal value of an investment. The geometric mea ...
... general, the difference between the geometric and arithmetic means increases with the variability of the periodby-period observations. B. The geometric mean return is more meaningful than the arithmetic mean return for an investor concerned with the terminal value of an investment. The geometric mea ...
Electronic Bulls and Bears: U.S. Securities Markets and Information
... overcome inertia, tradition, and cost to bring information technology into markets. Eager traders sooner or later seek the benefits of advanced technology for themselves and for their customers, either on established markets or by trading outside of those markets. ...
... overcome inertia, tradition, and cost to bring information technology into markets. Eager traders sooner or later seek the benefits of advanced technology for themselves and for their customers, either on established markets or by trading outside of those markets. ...
united states securities and exchange commission - corporate
... many manufacturing problems, especially those related to large components for products such as automobiles, aircraft, heavy duty construction equipment, and factory retrofits, and 4) the growing demand to capture large volumes of three-dimensional data for modeling and analysis. CAD changes the manu ...
... many manufacturing problems, especially those related to large components for products such as automobiles, aircraft, heavy duty construction equipment, and factory retrofits, and 4) the growing demand to capture large volumes of three-dimensional data for modeling and analysis. CAD changes the manu ...
Price: $25.00 per share to yield 4.75% per annum
... date of original issue, payable (other than the first dividend payment) in equal quarterly instalments of $0.2969 per share on the first day of March, June, September and December of each year commencing on March 1, 2013. Assuming an issue date of November 13, 2012, the first dividend will be payabl ...
... date of original issue, payable (other than the first dividend payment) in equal quarterly instalments of $0.2969 per share on the first day of March, June, September and December of each year commencing on March 1, 2013. Assuming an issue date of November 13, 2012, the first dividend will be payabl ...
Margin Credit and Stock Return Predictability
... returns? There are no significant regulatory hurdles to open a margin account and the data provided by the NYSE and FINRA is aggregate for all investors with long positions in margin accounts. Reported margin debt is the result of all long positions taken by any investor. While investor level demogr ...
... returns? There are no significant regulatory hurdles to open a margin account and the data provided by the NYSE and FINRA is aggregate for all investors with long positions in margin accounts. Reported margin debt is the result of all long positions taken by any investor. While investor level demogr ...
Overconfidence and Firm Decision Making: Evidence from
... We first obtain data for commercial property transactions from Real Capital Analytics (RCA). The RCA database covers commercial real estate transactions exceeding US$5 million and provides information on the property that can be used in our hedonic models. The specific sample we obtain from this dat ...
... We first obtain data for commercial property transactions from Real Capital Analytics (RCA). The RCA database covers commercial real estate transactions exceeding US$5 million and provides information on the property that can be used in our hedonic models. The specific sample we obtain from this dat ...
LCH.Clearnet Limited
... The Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999 No. 2979) (the "SF Regulations") implement the Settlement Finality Directive (Directive 98/26/EC) of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settl ...
... The Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999 No. 2979) (the "SF Regulations") implement the Settlement Finality Directive (Directive 98/26/EC) of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settl ...
0001053532-17-000022 - Lasalle Hotel Properties
... The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and in conformity with the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim ...
... The accompanying unaudited interim consolidated financial statements and related notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and in conformity with the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim ...
Price Discovery and Trading After Hours
... after-hours trading, however, that allows traders to post or hit firm quotes after hours in much the same way as during the trading day. ...
... after-hours trading, however, that allows traders to post or hit firm quotes after hours in much the same way as during the trading day. ...
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.