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Form 8-K - Value Line
Form 8-K - Value Line

... share on its common stock. The dividend is to be paid on May 19, 2004, to shareholders of record May 7, 2004. Jean Bernhard Buttner, Value Line's Chairman and Chief Executive Officer said, "We are pleased to declare a special dividend in the amount of $17.50 per share to all shareholders of record M ...
Global equities brace for heightened volatility following Fed rate hike
Global equities brace for heightened volatility following Fed rate hike

... full employment and stable inflation appear close to being realized. While rising rates are a positive indicator of the economy’s health, elevated stock market volatility is common around monetary policy changes, though history suggests that equities can weather a full interest-rate cycle well. Fixe ...
Systemic Risk and the Financial System
Systemic Risk and the Financial System

to read the full monthly outlook
to read the full monthly outlook

... verdict will weaken but not take away the safety net that OMT has provided. Spain and Italy have less need for a safety net and the European Central Bank (ECB) could in a worst case scenario enact a form of unconditional QE. From a fair value perspective, interest rates in the current low or negativ ...
GnþrkarImUlbRtenAkmSECURITIES
GnþrkarImUlbRtenAkmSECURITIES

... • Risk management committee for public listed company has asset from KHR 200,000,000,000 (two hundred thousand million) and over. • The public listed company had asset less than KHR 200,000,000,000 (two hundred thousand million) may consider to have Risk management committee if necessary. • The publ ...
Volatility - past, present and future
Volatility - past, present and future

... Some investors think if they choose a wide variety of stocks, they’re diversified. But that’s like saying the Senate is diversified because all 50 states are represented. That’s true — to a point. But as part of the Legislative Branch, the Senate plays a particular, well-defined role in our overall ...
Robo Advisors: Looking Beyond the Low-Cost
Robo Advisors: Looking Beyond the Low-Cost

Gloom, Doom and the Hidden Rays of Hope
Gloom, Doom and the Hidden Rays of Hope

Idiosyncratic risk and long-run stock performance following
Idiosyncratic risk and long-run stock performance following

... Young firms generally face higher uncertainty of mean profitability, which they resolve more quickly due to learning and therefore experiences a larger reduction in its idiosyncratic return volatility over time. ...
Taking a longer-term perspective - Bank for International Settlements
Taking a longer-term perspective - Bank for International Settlements

... likely that such shocks could undermine system-wide liquidity in the first place. Policymakers can also provide incentives for maintaining liquidity – for example, by encouraging regular liquidity stress tests, and by helping to discourage perceptions that ample liquidity can be taken for granted. T ...
what would you do with a million dollars?
what would you do with a million dollars?

... objective (Low risk funds have lower returns) A load fund charges for shares, plus a sales fee A no-load fund does not have a sales fee, but has management fees Instant diversification May add to account any time Professional managers make investment decisions Fees are charged regardless of success ...
Corporate Governance and the Instability of Unregulated Markets
Corporate Governance and the Instability of Unregulated Markets

... a sea-change in economic theory and policy. In this, Keynes’ argument that economies settle at less than full employment because effective demand lags rising income opened the way for the state to extend its governance of the economy to counter involuntary joblessness by inducing additional expendit ...
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... Responsible for career development/planning, performance and pay discussions of team members. Responsible for the delivery of ITAM service commitments to customers & financial commitments Ensures that full life cycle delivery costs are within or better than the delivery costs committed within the ap ...
sanu resources ltd - Grosvenor Resource Corp.
sanu resources ltd - Grosvenor Resource Corp.

... to meet liabilities when they come due. As at November 30, 2016, the Company had a cash and equivalents balance of $1,222,269 (August 31, 2016 - $1,278,248) to settle current liabilities of $19,701 (August 31, 2016 - $16,802). To maintain liquidity, the Company relies on its ability to raise money t ...
Overview • Equities enjoy strong returns as investors turn to risk
Overview • Equities enjoy strong returns as investors turn to risk

... Source: Barclays Equity Gilt Study 2012. Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise. So is it all bad news for gilts? “Not at all,” continues Humphries. “As part of a diversified strategy, holding gilts or any fix ...
What s the alternative: five reasons to move away from the mainstream
What s the alternative: five reasons to move away from the mainstream

Finding Opportunities — Tackling today`s uncertain
Finding Opportunities — Tackling today`s uncertain

... management teams seek to return value to shareholders from today’s cash-rich businesses, we expect dividends will become an even larger part of total return. Today’s corporate bonds offer reliable income with low default risk. Corporate bonds are another way to take advantage of the income opportuni ...
The Details of our Investment Process
The Details of our Investment Process

Why Does the Economy Fall to Pieces after a Financial Crisis?
Why Does the Economy Fall to Pieces after a Financial Crisis?

... figuring out if the borrower has completed all duties under the contract. To put this point another way, an equity investor has to monitor an investment in all states of the world, while a debt lender only has to monitor if the borrower fails to repay in full. This basic setup, created by Townsend ( ...
PDF
PDF

... relationship has been formulated for MV efficient portfolios by Treynor •(1961), Sharpe (1960., Lintner (1965), and Mossin (1966). ...
Dynamic Asset Allocation Through the Business Cycle: A Macro
Dynamic Asset Allocation Through the Business Cycle: A Macro

... markets delivered poor returns. Further, when the time horizon is shortened to one month, valuation gives us barely any predictive power. Exhibit 2 Valuation is less helpful over the short term because it is influenced by the economic environment, the business cycle, investor risk appetite, and mone ...
Lectures 5 - 7
Lectures 5 - 7

...  Liquidation value can be defined in a number of settings including orderly liquidation on-site, forced liquidation on-site, orderly liquidation off-site, and forced liquidation off-site.  Liquidation values will include, in addition to the expected proceeds of the assets themselves, the cost of s ...
Module Saving, Investment, and the Financial System
Module Saving, Investment, and the Financial System

... factory, have a risk that they will not be profitable. The owner of a firm may want to build the factory, but using his/her own money is risky because the factory might not be profitable. The owner could raise the money by selling shares of stock in the company. When a person buys a share of stock i ...
Public/Old_Stocks_Studied/Zimmer(ZMH)
Public/Old_Stocks_Studied/Zimmer(ZMH)

... will continue in 06). Acquisition of Centerpulse (dental and spine products- Spinal products are most profitable) expected to increase earnings in 06. Zimmer is one of more dominant manufacturer in the orthopedic device industry with substantial global sales force capabilities and an expansive produ ...
Why Does the Economy Fall to Pieces after a Financial Crisis?
Why Does the Economy Fall to Pieces after a Financial Crisis?

... figuring out if the borrower has completed all duties under the contract. To put this point another way, an equity investor has to monitor an investment in all states of the world, while a debt lender only has to monitor if the borrower fails to repay in full. This basic setup, created by Townsend ( ...
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Financial economics

Financial economics is the branch of economics characterized by a ""concentration on monetary activities"", in which ""money of one type or another is likely to appear on both sides of a trade"". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing (or ""investment theory"") and corporate finance; the first being the perspective of providers of capital and the second of users of capital.The subject is concerned with ""the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment"". It therefore centers on decision making under uncertainty in the context of the financial markets, and the resultant economic and financial models and principles, and is concerned with deriving testable or policy implications from acceptable assumptions. It is built on the foundations of microeconomics and decision theory.Financial econometrics is the branch of financial economics that uses econometric techniques to parameterise these relationships. Mathematical finance is related in that it will derive and extend the mathematical or numerical models suggested by financial economics. Note though that the emphasis there is mathematical consistency, as opposed to compatibility with economic theory.Financial economics is usually taught at the postgraduate level; see Master of Financial Economics. Recently, specialist undergraduate degrees are offered in the discipline.Note that this article provides an overview and survey of the field: for derivations and more technical discussion, see the specific articles linked.
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