Rural India: at a crossroads
... has been driven mainly by weakness in rural demand. Going forward, we expect rural demand revival to lag behind urban by 6-12 months, although the longer-term rural consumption story remains intact. HUL, Colgate and Dabur have the highest exposure to rural demand in our coverage universe. GCPL, HUL ...
... has been driven mainly by weakness in rural demand. Going forward, we expect rural demand revival to lag behind urban by 6-12 months, although the longer-term rural consumption story remains intact. HUL, Colgate and Dabur have the highest exposure to rural demand in our coverage universe. GCPL, HUL ...
Annual Report - Putnam Investments
... of revenue — as well as its management team’s plans for future capital expenditures — is in the U.S. market, which insulated the company from relative weakness in the ...
... of revenue — as well as its management team’s plans for future capital expenditures — is in the U.S. market, which insulated the company from relative weakness in the ...
Buongiorno Vitaminic SpA Half-Year Report as of
... Mean daily trading volumes in the first half of 2004 amounted to over 350,000 shares, equivalent to Euro 615,000, making Buongiorno Vitaminic one of the most traded stocks on the Nuovo Mercato. On January 20, 2004, the Company announced an agreement with Banca IMI under which the latter undertook to ...
... Mean daily trading volumes in the first half of 2004 amounted to over 350,000 shares, equivalent to Euro 615,000, making Buongiorno Vitaminic one of the most traded stocks on the Nuovo Mercato. On January 20, 2004, the Company announced an agreement with Banca IMI under which the latter undertook to ...
Northrop Grumman Corporation 2014 Annual Report
... This letter includes references to pension-adjusted operating margin rate, free cash flow, segment operating income, and segment operating margin rate, which are non-GAAP financial measures. For reconciliations between our non-GAAP measures and the nearest GAAP measures, please refer to the page pre ...
... This letter includes references to pension-adjusted operating margin rate, free cash flow, segment operating income, and segment operating margin rate, which are non-GAAP financial measures. For reconciliations between our non-GAAP measures and the nearest GAAP measures, please refer to the page pre ...
2013 CFA Level 1 - Book 5 - Apache
... why its price may e. expl dicalculate ffer fromandparinterpret value. (page 29) and dollar duration of a bond. (page 30) the duration describrisk. e yiel(page d-curve32)risk and explain why duration does not account for yield g. curve ain34)the disadvantages of a callable or prepayable security to ...
... why its price may e. expl dicalculate ffer fromandparinterpret value. (page 29) and dollar duration of a bond. (page 30) the duration describrisk. e yiel(page d-curve32)risk and explain why duration does not account for yield g. curve ain34)the disadvantages of a callable or prepayable security to ...
bihet 2007 h1 eng - Direkcija za ekonomsko planiranje BiH
... higher by 2.4 percentage points compared to the growth of manufacture GDP (6.69 versus 4.26 percentage of growth), whereas the nominal growth of the expenditure-based GDP was higher by „only“ 1.7 percentage points. All this indicates the need to conduct considerable audits of national accounts for ...
... higher by 2.4 percentage points compared to the growth of manufacture GDP (6.69 versus 4.26 percentage of growth), whereas the nominal growth of the expenditure-based GDP was higher by „only“ 1.7 percentage points. All this indicates the need to conduct considerable audits of national accounts for ...
Hedge Fund Activism April Klein, Stern School of Business, New
... who are both “accredited investors” (those with total annual incomes over $200,000 or a net worth over $1 million) and “qualified investors” (those with at least $5 million in investments). Thus, hedge fund investors have the financial resources to absorb large financial losses. Further, all of our ...
... who are both “accredited investors” (those with total annual incomes over $200,000 or a net worth over $1 million) and “qualified investors” (those with at least $5 million in investments). Thus, hedge fund investors have the financial resources to absorb large financial losses. Further, all of our ...
united states securities and exchange commission - corporate
... Federal-Mogul Corporation (the “Company”) is a leading global supplier of technology and innovation in vehicle and industrial products for fuel economy, alternative energies, environment and safety systems. The Company serves the world’s foremost original equipment manufacturers (“OEM”) of automotiv ...
... Federal-Mogul Corporation (the “Company”) is a leading global supplier of technology and innovation in vehicle and industrial products for fuel economy, alternative energies, environment and safety systems. The Company serves the world’s foremost original equipment manufacturers (“OEM”) of automotiv ...
2011 Annual Report
... breakthroughs, the creation of client value, and driving change in how the company operates. That record is something of which we can all be proud. The fact that we enter our second century on such a high note is a testament to a unique institution and a remarkable group of people. For nine years, i ...
... breakthroughs, the creation of client value, and driving change in how the company operates. That record is something of which we can all be proud. The fact that we enter our second century on such a high note is a testament to a unique institution and a remarkable group of people. For nine years, i ...
The Going-Public Decision and the Product Market
... little empirical research on this topic: two prominent exceptions are Lerner (1994), who studies the timing of going public of a sample of venture-backed biotechnology firms, and Pagano, Panetta, and Zingales (1998), who study the going-public decisions of a sample of Italian firms. Further, there h ...
... little empirical research on this topic: two prominent exceptions are Lerner (1994), who studies the timing of going public of a sample of venture-backed biotechnology firms, and Pagano, Panetta, and Zingales (1998), who study the going-public decisions of a sample of Italian firms. Further, there h ...
Wyndham Vacation Ownership
... The Wyndham Vacation Ownership business has higher than perceived business qualities and improving returns profile. ...
... The Wyndham Vacation Ownership business has higher than perceived business qualities and improving returns profile. ...
Investing in CLOs - CION Investments
... performance of the portfolio over time. In our view, CLO managers differ markedly from one another in terms of their credit selectivity, investment process and competency in different market environments. Most CLO managers today also have a track record of performance through the ...
... performance of the portfolio over time. In our view, CLO managers differ markedly from one another in terms of their credit selectivity, investment process and competency in different market environments. Most CLO managers today also have a track record of performance through the ...
united states securities and exchange commission - corporate
... personnel; our belief cash generated from operations and the total of our cash and cash equivalents will be sufficient to fund operations for the foreseeable future; our belief that we have limited exposure to currency risks; our intentions regarding the declaration and payment of cash dividends; ou ...
... personnel; our belief cash generated from operations and the total of our cash and cash equivalents will be sufficient to fund operations for the foreseeable future; our belief that we have limited exposure to currency risks; our intentions regarding the declaration and payment of cash dividends; ou ...
Best execution mechanics: TBA specified pool
... HFAs can easily “pair off” TBA trade to achieve best execution HFAs can aggregate loans without interest rate risk while determining how to permanently finance loans ...
... HFAs can easily “pair off” TBA trade to achieve best execution HFAs can aggregate loans without interest rate risk while determining how to permanently finance loans ...
Governing Multiple Firms"
... monitors, she may su¤er a shock, which forces her to sell and so she does not receive the full payo¤ from monitoring. Alternatively, she may not monitor and sell (“cut and run”). Selling leads to a relatively high price under separate ownership, as discussed above. Thus, the payo¤ from monitoring (n ...
... monitors, she may su¤er a shock, which forces her to sell and so she does not receive the full payo¤ from monitoring. Alternatively, she may not monitor and sell (“cut and run”). Selling leads to a relatively high price under separate ownership, as discussed above. Thus, the payo¤ from monitoring (n ...
Sample chapter - McGraw Hill Higher Education
... of the return distribution may be a useful measure of risk for a risk-averse investor. Similarly, it can be argued that the risk-neutral investor would be indifferent between these two investments. For any given amount to be invested, such an investor will always choose the investment that offers th ...
... of the return distribution may be a useful measure of risk for a risk-averse investor. Similarly, it can be argued that the risk-neutral investor would be indifferent between these two investments. For any given amount to be invested, such an investor will always choose the investment that offers th ...
(Ab)Use of Omega?
... the purpose of the analysis which might be, for instance, one of the following: an investment decision, the evaluation of managers’ abilities, the identification of management strategies and of their impact, either in terms of deviations from the benchmark or in terms of risk/return. Despite some l ...
... the purpose of the analysis which might be, for instance, one of the following: an investment decision, the evaluation of managers’ abilities, the identification of management strategies and of their impact, either in terms of deviations from the benchmark or in terms of risk/return. Despite some l ...
A prudent margin setting methodology that controls the frequency of margin changes
... a centralized counter-party and assumes the default risk of its clearing members. This setup greatly reduces the members’ counter-party risk since the clearinghouse is well known to be very prudent in risk management and is backed up by a substantial amount of reserve funds. Being a centralized cou ...
... a centralized counter-party and assumes the default risk of its clearing members. This setup greatly reduces the members’ counter-party risk since the clearinghouse is well known to be very prudent in risk management and is backed up by a substantial amount of reserve funds. Being a centralized cou ...
Saudi Capital Market Overview
... Real Estate Investment Traded Funds, or REITs, are financial instruments that allow all types of investors to obtain investment exposure to the Real Estate Market. This is achieved through collective ownership of constructed developed real estate qualified to generate periodic and rental income. REI ...
... Real Estate Investment Traded Funds, or REITs, are financial instruments that allow all types of investors to obtain investment exposure to the Real Estate Market. This is achieved through collective ownership of constructed developed real estate qualified to generate periodic and rental income. REI ...
HOW STOCKBROKERS COULD REDUCE THEIR
... by which stockbrokers could reduce their overdrafts and their interest expense. For convenience of description a stockbrokers overdraft is assumed to comprise three components (i) scrip, (ii) debtors i.e. credit extended to clients and (iii) any trading activities. The system outlined hereunder acts ...
... by which stockbrokers could reduce their overdrafts and their interest expense. For convenience of description a stockbrokers overdraft is assumed to comprise three components (i) scrip, (ii) debtors i.e. credit extended to clients and (iii) any trading activities. The system outlined hereunder acts ...
Annual Report - John Hancock Investments
... Definitions of the benchmarks cited in this report: Bank of America Merrill Lynch U.S. High Yield Master II Index—tracks the performance of U.S. dollar-denominated below investment-grade corporate debt issued in the U.S.; Barclays 1–3 Year Government/Credit Bond Index—tracks short-term debt instrume ...
... Definitions of the benchmarks cited in this report: Bank of America Merrill Lynch U.S. High Yield Master II Index—tracks the performance of U.S. dollar-denominated below investment-grade corporate debt issued in the U.S.; Barclays 1–3 Year Government/Credit Bond Index—tracks short-term debt instrume ...
Q3 - Fiera Capital
... However, interest rates have been driven lower by several global (rather than domestic) factors, specifically the risks associated with “Brexit” implications as well as ultra-stimulative monetary policies from central banks abroad. In turn, the environment of extremely depressed interest rates abroa ...
... However, interest rates have been driven lower by several global (rather than domestic) factors, specifically the risks associated with “Brexit” implications as well as ultra-stimulative monetary policies from central banks abroad. In turn, the environment of extremely depressed interest rates abroa ...