MERCURY GENERAL CORP (Form: 424B5
... made pursuant to an exemption under the Prospectus Directive from the requirement to publish a prospectus for offers of notes. Accordingly, any person making or intending to make an offer in that Relevant Member State of notes which are the subject of the offering contemplated in this prospectus sup ...
... made pursuant to an exemption under the Prospectus Directive from the requirement to publish a prospectus for offers of notes. Accordingly, any person making or intending to make an offer in that Relevant Member State of notes which are the subject of the offering contemplated in this prospectus sup ...
Readability and Thematic Manipulation in Corporate Communications
... 1995, 2000), and market returns (Li, 2010b; Henry, 2008; Lang & Lundholm, 2000). While narratives disclosures are important sources of information for users, many common forms of narrative, such as the chairman’s letter, offer considerable latitude to management in shaping the content of communicati ...
... 1995, 2000), and market returns (Li, 2010b; Henry, 2008; Lang & Lundholm, 2000). While narratives disclosures are important sources of information for users, many common forms of narrative, such as the chairman’s letter, offer considerable latitude to management in shaping the content of communicati ...
MRK 09-10
... increased by over 20% despite a 1.32% decrease in sales. Merck's problems extend farther back than 2004. Since 2001, Merck's material and production expense has increased nearly 21% with total expenses increasing 10%. During the same time period, sales have only increased 6.78% and net income has dr ...
... increased by over 20% despite a 1.32% decrease in sales. Merck's problems extend farther back than 2004. Since 2001, Merck's material and production expense has increased nearly 21% with total expenses increasing 10%. During the same time period, sales have only increased 6.78% and net income has dr ...
KEYW HOLDING CORP (Form: 10-K, Received: 03
... both prime contractor and subcontractor on U.S. Government contracts. The majority of our contracts provide for a total contract period of five years, with an initial contract period of one year and the balance in one-year option periods. Historically, option exercise rates have been in excess of 95 ...
... both prime contractor and subcontractor on U.S. Government contracts. The majority of our contracts provide for a total contract period of five years, with an initial contract period of one year and the balance in one-year option periods. Historically, option exercise rates have been in excess of 95 ...
Vanguard Ultra-Short-Term Bond Fund Prospectus Investor Shares
... in a timely manner or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. Credit risk should be low for the Fund because it invests primarily in bonds that are considered high-quality. • Liquidity risk, which is the chance that the Fu ...
... in a timely manner or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. Credit risk should be low for the Fund because it invests primarily in bonds that are considered high-quality. • Liquidity risk, which is the chance that the Fu ...
ACE Limited - cloudfront.net
... Prime Tower, Hardstrasse 201, P.O. Box 314, CH-8032 Zurich, Switzerland, with full rights of substitution, to vote your Common Shares on your behalf instead of using the enclosed proxy card. If you authorize the independent proxy to vote your shares without giving specific instructions, your shares ...
... Prime Tower, Hardstrasse 201, P.O. Box 314, CH-8032 Zurich, Switzerland, with full rights of substitution, to vote your Common Shares on your behalf instead of using the enclosed proxy card. If you authorize the independent proxy to vote your shares without giving specific instructions, your shares ...
Government, Household and Corporate Debt
... the global financial crisis in 2007, preceded by a private credit boom, marked the beginning of an intense policy debate on the need to monitor the role of indebtedness in the world economy (Schularick and Taylor, 2012). The main reason is the rapid increase of private and public borrowing in many a ...
... the global financial crisis in 2007, preceded by a private credit boom, marked the beginning of an intense policy debate on the need to monitor the role of indebtedness in the world economy (Schularick and Taylor, 2012). The main reason is the rapid increase of private and public borrowing in many a ...
Deutsche AM Flagship Fund Reporting
... benchmark are calculated. In the event of strong market movements during this period, this may result in the over- or understatement of the Fund's performance relative to the benchmark at the end of the month (this is referred to as the "pricing effect"). The information in this document does not co ...
... benchmark are calculated. In the event of strong market movements during this period, this may result in the over- or understatement of the Fund's performance relative to the benchmark at the end of the month (this is referred to as the "pricing effect"). The information in this document does not co ...
Reversal and Reduction, Resolution and Reform
... interpretations, and conclusions expressed in this report are entirely those of the authors, and they do not necessarily represent the views of the World Bank Group. The authors are gr ...
... interpretations, and conclusions expressed in this report are entirely those of the authors, and they do not necessarily represent the views of the World Bank Group. The authors are gr ...
the western union company
... over 270,000 agent locations that offer Western Union services in more than 200 countries and territories. Each location in our agent network is capable of providing one or more of our services. As of June 30, 2006, approximately 75% of our locations had experienced money transfer activity in the pr ...
... over 270,000 agent locations that offer Western Union services in more than 200 countries and territories. Each location in our agent network is capable of providing one or more of our services. As of June 30, 2006, approximately 75% of our locations had experienced money transfer activity in the pr ...
The Going-Public Decision and the Product Market
... “Going public” is one of the most important events in the life of a firm. Since an initial public offering (IPO) of equity is the first public offering of equity (and typically the first public offering of any security) undertaken by the firm, it not only satisfies the immediate capital requirements ...
... “Going public” is one of the most important events in the life of a firm. Since an initial public offering (IPO) of equity is the first public offering of equity (and typically the first public offering of any security) undertaken by the firm, it not only satisfies the immediate capital requirements ...
T M P ,
... 1998); ADB, Key Indicators o f Developing Asian and Pacific Countries 1998 (Oxford University Press, 1998) and Asian Developm ent O utlook 1998 (Oxford University Press, 1998); United Nations, Project LIN K World Outlook: Countries and Regions, 30 Novem ber 1998; The Econom ist Intelligence Unit, Co ...
... 1998); ADB, Key Indicators o f Developing Asian and Pacific Countries 1998 (Oxford University Press, 1998) and Asian Developm ent O utlook 1998 (Oxford University Press, 1998); United Nations, Project LIN K World Outlook: Countries and Regions, 30 Novem ber 1998; The Econom ist Intelligence Unit, Co ...
Does Debtor Protection Really Protect Debtors? Evidence from the Small Business Credit Market
... wedding rings, other jewelry, furniture, guns, pets, cattle, crops, motor vehicles, health aids, and food. While this personal property often has strong symbolic value for its owner, these assets are mostly uninteresting for a creditor. It is then improbable that creditors take into serious account ...
... wedding rings, other jewelry, furniture, guns, pets, cattle, crops, motor vehicles, health aids, and food. While this personal property often has strong symbolic value for its owner, these assets are mostly uninteresting for a creditor. It is then improbable that creditors take into serious account ...
Vanguard Fixed Income Securities Funds Statement of Additional
... Characteristics of the Funds‘ Shares Restrictions on Holding or Disposing of Shares. There are no restrictions on the right of shareholders to retain or dispose of a Fund’s shares, other than those described in the Fund’s current prospectus and elsewhere in this Statement of Additional Information. ...
... Characteristics of the Funds‘ Shares Restrictions on Holding or Disposing of Shares. There are no restrictions on the right of shareholders to retain or dispose of a Fund’s shares, other than those described in the Fund’s current prospectus and elsewhere in this Statement of Additional Information. ...
The relation between equity incentives and misreporting_ The role
... Summary of prior literature on equity incentives and misreporting. This table categorizes prior studies on the relation between equity incentives and misreporting. Studies are categorized based on the primary measure of equity incentives, the measure of misreporting, the findings, and the type of re ...
... Summary of prior literature on equity incentives and misreporting. This table categorizes prior studies on the relation between equity incentives and misreporting. Studies are categorized based on the primary measure of equity incentives, the measure of misreporting, the findings, and the type of re ...
NBER WORKING PAPER SERIES AMBIGUITY AVERSION AND HOUSEHOLD PORTFOLIO CHOICE: EMPIRICAL EVIDENCE
... financial decisions. Risk refers to events for which the probabilities of the future outcomes are known; ambiguity refers to events for which the probabilities of the future outcomes are unknown. Ellsberg (1961) argues that most people are ambiguity averse, that is, they prefer a lottery with known ...
... financial decisions. Risk refers to events for which the probabilities of the future outcomes are known; ambiguity refers to events for which the probabilities of the future outcomes are unknown. Ellsberg (1961) argues that most people are ambiguity averse, that is, they prefer a lottery with known ...
BY WAY OF PLACING
... contents of this prospectus, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this prospectus. A copy of this prospectus, having attached thereto ...
... contents of this prospectus, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this prospectus. A copy of this prospectus, having attached thereto ...
doing business
... 8 in South Asia, as well as 31 OECD high-income economies. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. This economy profile presents the Doing Business indicators for Tanzania. To allow useful comparison, it also provides data for other ...
... 8 in South Asia, as well as 31 OECD high-income economies. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. This economy profile presents the Doing Business indicators for Tanzania. To allow useful comparison, it also provides data for other ...
Vanguard Convertible Securities Fund Prospectus Investor Shares
... An investment in the Fund could lose money over short or even long periods. You should expect the Fund’s share price and total return to fluctuate within a wide range. The Fund is subject to the following risks, which could affect the Fund’s performance: • Stock market risk, which is the chance that ...
... An investment in the Fund could lose money over short or even long periods. You should expect the Fund’s share price and total return to fluctuate within a wide range. The Fund is subject to the following risks, which could affect the Fund’s performance: • Stock market risk, which is the chance that ...
Learning from the Market - Georgia Council on Economic Education
... with a large “T” printed on one side and a large “F” printed on the other side. Another 8H² x 11² piece of paper for each group, with “Double Down” written on one side. Students use the paper to record their answers to the questions. ...
... with a large “T” printed on one side and a large “F” printed on the other side. Another 8H² x 11² piece of paper for each group, with “Double Down” written on one side. Students use the paper to record their answers to the questions. ...
understanding mortgage market behavior: creating good mortgage
... This study was funded by a Ford Foundation grant to the Joint Center for Housing Studies of Harvard University. Nicolas P. Retsinas, the Joint Center Director and Blue Ribbon Committee Chair, gratefully acknowledges the guidance and support of Brandee McHale and George McCarthy of the Ford Foundatio ...
... This study was funded by a Ford Foundation grant to the Joint Center for Housing Studies of Harvard University. Nicolas P. Retsinas, the Joint Center Director and Blue Ribbon Committee Chair, gratefully acknowledges the guidance and support of Brandee McHale and George McCarthy of the Ford Foundatio ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.