Herdez: an attractive play in a defensive industry, at a
... Additionally, the acquisition of the frozen yogurt unit in 2013 (Nutrisa) and the ice-cream business from Nestlé a few days ago are key value drivers that we feel are not yet fully appreciated by the market. This latest acquisition will deploy an issuance of another MP1,000 million bonds, increasing ...
... Additionally, the acquisition of the frozen yogurt unit in 2013 (Nutrisa) and the ice-cream business from Nestlé a few days ago are key value drivers that we feel are not yet fully appreciated by the market. This latest acquisition will deploy an issuance of another MP1,000 million bonds, increasing ...
Chap011
... Changes in estimates are accounted for prospectively. The book value less any residual value at the date of change is depreciated over the remaining useful life. A disclosure note should describe the effect of a change. On January 1, equipment was purchased that cost $30,000, has a useful life of 10 ...
... Changes in estimates are accounted for prospectively. The book value less any residual value at the date of change is depreciated over the remaining useful life. A disclosure note should describe the effect of a change. On January 1, equipment was purchased that cost $30,000, has a useful life of 10 ...
Reinsurance Market Report
... The 4.4% increase in shareholders’ equity was driven by continued strong net income of USD 26.6B, albeit reduced from USD 30.3B at FY 2015 due to increased Natural Catastrophe losses. However, this level of profitability continues to be dependent on substantial releases from prior year reserves. In ...
... The 4.4% increase in shareholders’ equity was driven by continued strong net income of USD 26.6B, albeit reduced from USD 30.3B at FY 2015 due to increased Natural Catastrophe losses. However, this level of profitability continues to be dependent on substantial releases from prior year reserves. In ...
prospectus - Cullen Funds
... The High Dividend Fund invests, under normal circumstances, at least 80% of its net assets in dividend paying common stocks of medium- and large-capitalization companies. As a point of comparison, a high dividend common stock that the High Dividend Fund would invest in would generally have a dividen ...
... The High Dividend Fund invests, under normal circumstances, at least 80% of its net assets in dividend paying common stocks of medium- and large-capitalization companies. As a point of comparison, a high dividend common stock that the High Dividend Fund would invest in would generally have a dividen ...
The Impact of Foreign-Currency Movements on Equity
... The U.S. dollar has staged an impressive rally over the past year. Although it has taken a bit of a breather recently, there are reasons to expect the dollar to remain strong, at least over the next year or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be ...
... The U.S. dollar has staged an impressive rally over the past year. Although it has taken a bit of a breather recently, there are reasons to expect the dollar to remain strong, at least over the next year or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be ...
Collateral-Motivated Financial Innovation
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
Using neural networks and data mining techniques for the financial
... the purpose of hiding the actual status of the company, then investors will have even less chance of obtaining the real financial information. For example, a company can manipulate its current ratio by up to 200% so that its liquidity deficiency will not show up as a financial distress in the short run ...
... the purpose of hiding the actual status of the company, then investors will have even less chance of obtaining the real financial information. For example, a company can manipulate its current ratio by up to 200% so that its liquidity deficiency will not show up as a financial distress in the short run ...
Decision making in the markets
... Market structure has many important impacts for all Australians. For example, the level of market power or competition between business rivals can have the following effects: • Competition means higher efficiency in allocating resources. Where competition is weak among firms selling in a market, the ...
... Market structure has many important impacts for all Australians. For example, the level of market power or competition between business rivals can have the following effects: • Competition means higher efficiency in allocating resources. Where competition is weak among firms selling in a market, the ...
Disclosure Timing and the Market Response to First
... concern modification (GCM) if there is substantial doubt about the client’s ability to continue as a going concern. Although GCMs are typically characterized as value relevant (DeFond and Zhang 2014), prior research does not investigate whether they provide information beyond that in concurrent disc ...
... concern modification (GCM) if there is substantial doubt about the client’s ability to continue as a going concern. Although GCMs are typically characterized as value relevant (DeFond and Zhang 2014), prior research does not investigate whether they provide information beyond that in concurrent disc ...
Expected and unexpected bond excess returns
... - the ”level ”. This finding is consistent with Cochrane and Piazzesi (2008) who show that the risk premium is a compensation for shifts of the yield curve’s level.3 Beside yield curve variables, economic variables bear pricing implications for the term structure of interest rates. For example, Jos ...
... - the ”level ”. This finding is consistent with Cochrane and Piazzesi (2008) who show that the risk premium is a compensation for shifts of the yield curve’s level.3 Beside yield curve variables, economic variables bear pricing implications for the term structure of interest rates. For example, Jos ...
Team Member Guide
... funded. While it is possible to fund activities entirely from cash flow, it is unlikely to happen in the early years. The company will need to turn to the capital markets. The company has three outside sources of money: 1. Stock: New stock issues are limited to 20% of the company’s outstanding share ...
... funded. While it is possible to fund activities entirely from cash flow, it is unlikely to happen in the early years. The company will need to turn to the capital markets. The company has three outside sources of money: 1. Stock: New stock issues are limited to 20% of the company’s outstanding share ...
Investor Scale and Performance in Private Equity Investments
... vintage years effects or breakdown returns separately for venture and buyout fund programs. Given these data limitations, the CEM performance data is less appropriate for assessments of absolute PE performance than studies that take advantage of fund-level cash flow information. At the same time, da ...
... vintage years effects or breakdown returns separately for venture and buyout fund programs. Given these data limitations, the CEM performance data is less appropriate for assessments of absolute PE performance than studies that take advantage of fund-level cash flow information. At the same time, da ...
FA2 Module 3. Cash Flow Statement
... The Statement of Cash Flow (formerly Statement of Changes in Financial Position) shows the changes in Cash and Cash Equivalents arising from the operating, financing and investing activities of the enterprise. This information is useful for: 1. understanding effects of operating, financing and inves ...
... The Statement of Cash Flow (formerly Statement of Changes in Financial Position) shows the changes in Cash and Cash Equivalents arising from the operating, financing and investing activities of the enterprise. This information is useful for: 1. understanding effects of operating, financing and inves ...
PPL Corp (Form: 8-K, Received: 09/03/2014 07:44:20)
... Based on mid-point of forecast. Annualized dividend based on 2/6/2014 announced increase. Actual dividends to be determined by Board of Directors. From only regulated segments. See Appendix for the reconciliation of earnings from ongoing operations to reported earnings. ...
... Based on mid-point of forecast. Annualized dividend based on 2/6/2014 announced increase. Actual dividends to be determined by Board of Directors. From only regulated segments. See Appendix for the reconciliation of earnings from ongoing operations to reported earnings. ...
The Implications Of IEX`s 350 Microsecond Delay For Investors
... not set new legal standards or impose new requirements ...
... not set new legal standards or impose new requirements ...
International Financial Reporting Standard 13 Fair Value
... The entity must have access to the principal (or most advantageous) market at the measurement date. Because different entities (and businesses within those entities) with different activities may have access to different markets, the principal (or most advantageous) market for the same asset or liab ...
... The entity must have access to the principal (or most advantageous) market at the measurement date. Because different entities (and businesses within those entities) with different activities may have access to different markets, the principal (or most advantageous) market for the same asset or liab ...
An Overview of Using Dynamic Discounted Cash Flow and
... Economic assessment – Financial market and real asset disconnect An economically viable project generates after-tax operating profits sufficient to pay capital and financing costs and provide a return compensating for the project’s unique uncertainty profile. Each project has its own uncertainty an ...
... Economic assessment – Financial market and real asset disconnect An economically viable project generates after-tax operating profits sufficient to pay capital and financing costs and provide a return compensating for the project’s unique uncertainty profile. Each project has its own uncertainty an ...
Summary Prospectus
... investment exposure through derivatives. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks than investing directly in the reference asset(s) underlying those derivatives. These risks include counterparty risk, liquidity risk and increased correlation risk ...
... investment exposure through derivatives. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks than investing directly in the reference asset(s) underlying those derivatives. These risks include counterparty risk, liquidity risk and increased correlation risk ...
Auto Callable Contingent Interest Notes Linked to the Lesser
... If the notes have not been automatically called and the Final Value of each Index is greater than or equal to its Trigger Value, you will receive a cash payment at maturity, for each $1,000 principal amount note, equal to (a) $1,000 plus (b) the Contingent Interest Payment, if any, applicable to the ...
... If the notes have not been automatically called and the Final Value of each Index is greater than or equal to its Trigger Value, you will receive a cash payment at maturity, for each $1,000 principal amount note, equal to (a) $1,000 plus (b) the Contingent Interest Payment, if any, applicable to the ...