...based upon the data collected. Johnson & Johnson (J&J) serves as the basis for the peer group analysis. Stock Price Movements In the past five years P&G has demonstrated a general upward trend in its stock prices. Towards the end of 2009, the market was just beginning to move out of the recession and P&G’s stock was at its five year low. As indicated in Chart A, the S&P 500 was also at its five year low around the same time. Until October of 2011, P&G trended more or less similarly with the S&P 500. However, after this point P&G’s progression slowed against the S&P. J&J’s growth however, better matched the growth of the market during this time. Despite the slowed growth since 2011, P&G demonstrates stability. In “Proctor & Gamble Is On The Right Track To Future Growth”, it is suggested that P&G’s standing as a giant in developed markets does not offer much room for accelerated growth. Whereas emerging markets offer much greater opportunity in that regard. The recent lags in P&G’s performance can be...
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...Chapter 1-4 1. Classify each variable as qualitative (QL) or quantitative (QT). (Tick your answers in the correct category) | | QL | QT | a. | Colors of automobiles at the faculty parking lot | ̷̷ | | b. | Number of desks in the classrooms | | ̷̷ | c. | Classification of children in a day care center (infant, toddler, preschool) | ̷̷ | | d. | Weight of fish caught at Tasik Cini | | ̷̷ | e. | Number of pages in statistics textbooks | | ̷̷ | f. | Religion of students enrolled in UNITAR | ̷̷ | | 2. Classify each variable as discrete (D) or continuous (C). (Tick your answers in the correct category) | | D | C | a. | Number of loaves of bread baked each day at a bakery | ̷̷ | | b. | Incomes of single parents who attend a part-time course | ̷̷ | | c. | Lifetimes of batteries in a tape recorder | | ̷̷ | d. | Number of pizzas sold last year in Malaysia | ̷̷ | | e. | Weights of newborn infants at a certain hospital | ̷̷ | | f. | Water temperature of the sauna at a health spa | | ̷̷ | 3. Classify each as nominal-level (N), ordinal-level (O), interval-level (I) or ratio-level ®. (Tick your answers in the correct category) | | N | O | I | R | a. | Ages of students enrolled in a martial arts course | ̷̷ | | | | b. | Rankings of weight lifters | | ̷̷ | | | c. | Temperature of automatic popcorn poppers | | | | ̷̷ | d. | Marital status of respondents to a survey on study habits | ̷̷ | | | | e. |...
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...Bondhu Tariff Bondhu | Time | Tariff | Call Type | 24 hours | GP-GP | GP-Other operator | 1 Super FnF (GP-GP) | | 5 paisa/ 10 second | N/A | 14 FnF numbers (GP-GP & GP-Others) | | 11 paisa/ 10 second | 11 paisa/ 10 second | Voice Calls | | 25 paisa/ 10 second | 25 paisa/ 10 second | Pulse | | 10 second | SMS (On-net, Off-net & F&F) | | 50 paisa/SMS (within 160 characters) | Note: * Write SF (space) your desired GP number and send SMS to 2888 * 10 second pulse will be applicable for On/Off-net and F&F calls * No differential charging will be applicable (Same for 1st and rest of the minutes * Bondhu subscribers can also migrate to the other prepaid price plans i.e. Nishchinto, Amontron and djuice packages. * 15% VAT will be applicable on all charges * 15 F&F numbers in total * 1 GP-GP super F&F * 14 (maximum) GP-GP F&F or GP-Other operator F&F in any combination * Calls to GP-GP Super F&F numbers at 5 paisa/ 10 second * Calls to GP-GP F&F numbers at 11 paisa/ 10 second * Calls to other operator F&F number at 11 paisa/ 10 second * All GP-GP calls (excluding F&F calls) at 25 paisa/ 10 second * All GP-Other Operator calls (excluding F&F calls) at 25 paisa/ 10 second Nishchinto * Tariff Nischinto | Time | Call rate | Voice Call | 24 hours | GP-GP | GP-Other operator | | | 15 paisa/ 10 second | Local SMS | | 50 paisa/ SMS (within 160 characters limit) | Pulse | | 10...
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...JETBLUE AIRLINES The Basics of JetBlue Airlines JetBlue was founded in 1998 by David Needleman and many of the first executives, including Needleman were former Southwest Airlines employees. First flight was from Buffalo, NY to Fort Lauderdale, FL in February 2000. One operating base: JFK International Airport Five focus cities: Orlando International, Luis Muñoz Marín International Airport (San Juan) International, Logan International (Boston), Long Beach and Fort Lauderdale – Hollywood International Airports. 84 destinations, 198 aircraft Company slogan: You Above All 15,000+ employees JetBlue’s Nasdaq price from 2002 to present (JBLU) Brief History of the Domestic and Global Airline Industry The two of the oldest airlines in the world which are still operating are Qantas (Queensland And Northern Territory Aerial Services) in Australia and KLM (Koninklijke Luchtvaart Maatschappij) Airlines, in the Netherlands, both of which started flying in 1920. Following World War I and many trained veteran pilots, with airmail service offered by the United States Postal Service through contract air carriers some of which evolved into PanAm, TransWorld, American, and Delta Airlines. Following World War II, the commercial airline industry continued to expand under government regulation. Until congress deregulated the airline industry in the United States in 1978 and airlines were able to set the prices for their own fares...
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...bru6171X_case02_023-038.qxd 11/24/12 2:24 PM Page 23 CASE 2 Bill Miller and Value Trust Bill Miller’s success is so far off the charts that you have to ask whether it is superhuman. Quite simply, fund managers are not supposed to be this good. Is it mortal genius, or is it celestial luck?1 By the middle of 2005, Value Trust, an $11.2-billion mutual fund2 managed by William H. (Bill) Miller III, had outperformed its benchmark index, the Standard & Poor’s 500 Index (S&P 500), for an astonishing 14 years in a row. This record marked the longest streak of success for any manager in the mutual-fund industry; the next longest period of sustained performance was only half as long. For many fund managers, simply beating the S&P 500 in any single year would have been an accomplishment, yet Miller had achieved consistently better results during both the bull markets of the late 1990s and the bear markets of the early 2000s. Over the previous 15 years, investors in Value Trust, one of a family of funds managed by the Baltimore, Maryland–based Legg Mason, Inc., could look back on the fund’s remarkable returns: an average annual total return of 14.6%, which surpassed the S&P 500 by 3.67% per year. An investment of $10,000 in Value Trust at its inception, in April 1982, would have grown to more than $330,000 by March 2005. Unlike the fund’s benchmark, which was a capitalization-weighted index composed of 500 widely held common stocks, Value Trust only had...
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...COMPANY SYNOPSIS NIKE, Inc. NIKE is a multinational recognized company that is coined as one of the largest sellers of athletics footwear and apparel with revenues grossing $30,601 million. (Marketline, 2016) Its management team consists of an executive board of directors, corporate governance team and a board of directors. Its Board of Directors Philip H. Knight, is one of its co-founders. Knight and his partner Bill Bowerman founded at that time Blue Ribbon Sports in 1964 and changed its name officially to NIKE, Inc. in 1971. NIKE is known for its strong brands like NIKE, Jordan, Converse, and Hurley and has partnered with many high profile athletes such as Michael Jordan, Kobe Bryant, and LeBron James to test and market its strong portfolio of brands. NIKE also incorporates a team of coaches, athletes, trainers, equipment managers, orthopedists, podiatrists, and a slewful of other experts to ensure they’re focused primarily on R&D activities that propel their brand to the forefront. (MarketLine, 2016) This focus and their alignment with external forces is vital due the intense competition and a growing number of counterfeit products. Another approach of NIKE that has deemed lucrative in their market is their Multi-Channel Approach. NIKE sells its products through various channels such as retailing online and in-store. At the end of 2015 NIKE’s portfolio consisted of 592 retail stores, which includes 512 factory stores and 73 online stores internationally. In addition...
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...Acknowledgement We would like to express our sincere gratitude to all those who gave us the possibility to work on this topic. We would like to thank Dr. Ajit Pratap Singh Sir for helping us choose this topic and guiding us throughout the report. His constant encouragement and infinite support were the key ingredients of our report. We are deeply indebted to Dean ESD Prof. Rajiv Gupta and the faculty members for providing us with the information required in the project. Finally, we would like to thank our college BITS PILANI for providing an opportunity to do this informative report. Abstract Carbon Credits are a tradable permit scheme under United Nations Framework Convention for Climate Change (UNFCCC) which give the owner the right to emit one metric tonne of carbon-di-oxide equivalent. They provide an efficient mechanism to reduce the green house gas emissions by monetizing the reduction in emissions. Rural India has a tremendous potential to earn carbon credits by setting up household based energy substitution or fuel switching projects like biogas plants, solar cookers and solar cells, smokeless chulhas etc. In this study, we propose setting up of a 5MW solar power plant so as to offset the carbon emissions produced by the villages under consideration and BITS. The basis of this model is the research study conducted in villages of Jhunjhunu district of Rajasthan, India...
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...-Journal of Arts, Science & Commerce ■ E-ISSN 2229-4686 ■ ISSN 2231-4172 AN EMPIRICAL ANALYSIS OF IMPACT OF RIGHT ISSUES ON SHAREHOLDERS RETURNS OF INDIAN LISTED COMPANIES Pooja Miglani Assistant Professor PG Deptt. of Commerce & Management Apeejay College of Fine Arts, Jalandhar, Punjab, India ABSTRACT This study explores the impact of right shares issued by Indian companies that took place during 2005 & 2010. The samples of 32 right issues have been used to study the announcement effect. The study examines the stock price reaction to information content of right issues with a view of finding whether Indian stock market is semi-strong efficient or not. The standard event study methodology has been used for the purpose of examining the right issue announcement reaction. The study reveals statistically significant abnormal returns on the announcement & surrounding dates. Keywords: Right Issue, Event study, Announcement date, Abnormal returns International Refereed Research Journal ■ www.researchersworld.com ■ Vol.– II, Issue –4,Oct. 2011 [169] -Journal of Arts, Science & Commerce ■ E-ISSN 2229-4686 ■ ISSN 2231-4172 INTRODUCTION: This paper is organized as follows: Section I includes this introductory exposition. It includes two parts. Part 1 specifies meaning of right shares & growth/quantum of right issues in India & Part 2 Reviews the pertinent literature. Section II gives details of methodology. It further includes part 1 of data Sources & part 2 of data...
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...Chapter: One Introduction 1.1:Introduction: We know business is mainly concerned with the financial activities. In order to ascertain the financial status of the business every enterprise prepares certain statements, known as financial statements. Financial statements are mainly prepared for decision making purposes. But the information as is provided in the financial statements is not adequately helpful in drawing a meaningful conclusion. Thus, an effective analysis and interpretation of financial statements is required. Analysis means establishing a meaningful relationship between various items of the two financial statements with each other in such a way that a conclusion is drawn. By financial statements we mean two statements : (i) Profit and loss Account or Income Statement (ii) Balance Sheet or Position Statement These are prepared at the end of a given period of time. They are the indicators of profitability and financial soundness of the business concern. The term financial analysis is also known as analysis and interpretation of financial statements. It refers to the establishing meaningful relationship between various items of the two financial statements i.e. Income statement and position statement. It determines financial strength and weaknesses of the firm. Analysis of financial statements is an attempt to assess the efficiency and performance of an enterprise. Thus, the analysis and interpretation of financial statements is very essential to measure...
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...INDEPTH: OIL The price of oil - in context CBC News Online | April 18, 2006 Oil is sold in barrels - it's the same unit of measure used to sell whisky. A barrel of oil - or whisky - contains 159 litres. The price of a barrel of oil has been testing new highs since it pushed through $50 a barrel in September 2004 - and pushed gasoline prices well beyond $1 a litre in the summer of 2005. But how high are prices like that, historically speaking? Turns out these records may not be records, after all. Oil prices were stable for most of the 100 years before 1973 at well under $5 a barrel. Expressed in today's dollars (all figures in U.S. dollars), the price was closer to $10 a barrel, hitting highs of about $15 and lows close to $8. Even as the world economy boomed in the decades following the Second World War, prices remained fairly stable. That's mainly because the United States held most of the clout in the oil industry - and the U.S. government regulated the price of oil. From 1958 to 1970, prices were stable at about $3 per barrel, but in real terms the price of crude oil declined from above $15 to below $12 per barrel. The decline in the price of crude when adjusted for inflation was further exacerbated in 1971 and 1972 by the weakness of the U.S. dollar. But by the early 1970s, that changed. The Organization of Petroleum Exporting Countries had become a force and in 1973, the first major oil shock hit the world as Arab nations refused to sell to countries that...
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...Internship Report on [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” Submitted to Professor Ashraf Hossain Dean School of Business Asian University of Bangladesh Submission Date March 30, 2008 This report is submitted as the partial fulfillment of BBA program Date: August 2, 2007 To Sub: Submission of Internship report on “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited." Dear Sir, With due respect and humble submission I would like to inform you that I am the students of Md.Shohel Khan ,School of Business . It is indeed a great pleasure to have the opportunity to submit the Internship report. I have prepared the opportunity to submit the Internship report according to your instructions. The topic name is " Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited. ". While preparing this Internship report I came to know about several terms on banking sector. I have tried my best to present all the things to make the report more informative and usual one. If any part of the assignments means inappropriate...
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...Internship Report on [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” Submitted to Professor Ashraf Hossain Dean School of Business Asian University of Bangladesh Submission Date March 30, 2008 This report is submitted as the partial fulfillment of BBA program Date: August 2, 2007 To Sub: Submission of Internship report on “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited." Dear Sir, With due respect and humble submission I would like to inform you that I am the students of Md.Shohel Khan ,School of Business . It is indeed a great pleasure to have the opportunity to submit the Internship report. I have prepared the opportunity to submit the Internship report according to your instructions. The topic name is " Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited. ". While preparing this Internship report I came to know about several terms on banking sector. I have tried my best to present all the things to make...
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...1 Davis-Bacon Act Elizabeth Wiedemeier Business law Kenneth Lynch (Instructor) Park University Explain what you are going to do. Will you prove a point? Will you be looking at various opposing views and weighing up the merits? Spell out exactly what you will achieve in your term paper right here. * A brief explanation of the problem * Aim of your term paper * What questions will be answered in the term paper * A brief outline of current research * Relevance of the term paper topic * The research process Introduction: Contractors bid on U. S. Federal Construction projects and most contracts for federally assisted constructions exceeding $2,000 required to pay their employees the standard wage and benefit package that workers in the area performing similar work are earning the “prevailing wage”. Prevailing Wage typically means the local union wage. In government contracting, “a prevailing wage is the hourly wage, benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area”. The culprit of all of this is the “Davis Bacon-Act” (DBA) The act was amended several times and has been attacking by opponents claiming its racist, unnecessary, expensive and costing taxpayers and the government a lot of money. Republicans have been attacking and trying to repeal the Davis-Bacon Act on the grounds that it is outdated, expensive and bureaucratic. Their latest effort last year was claiming, the repeal will...
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...Journal of Financial Economics 33 (1993) 3-56. North-Holland Common risk factors in the returns stocks and bonds* Eugene F. Fama and Kenneth R. French 1992 Unirrrsit.v 01 Chicayo. Chiccup. I .L 60637, C;S;L Received July 1992. final version received September on This paper identities five common risk factors in the returns on stocks and bonds. There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity. There are two bond-market factors. related to maturity and default risks. Stock returns have shared variation due to the stock-market factors, and they are linked to bond returns through shared variation in the bond-market factors. Except for low-grade corporates. the bond-market factors capture the common variation in bond returns. Most important. the five factors seem to explain average returns on stocks and bonds. 1. Introduction The cross-section of average returns on U.S. common stocks shows little relation to either the market /Is of the Sharpe (1964tLintner (1965) assetpricing model or the consumption ps of the intertemporal asset-pricing model of Breeden (1979) and others. [See, for example, Reinganum (198 1) and Breeden, Gibbons, and Litzenberger (1989).] On the other hand, variables that have no special standing in asset-pricing theory show reliable power to explain the cross-section of average returns. The list of empirically determined averagereturn variables includes size (ME, stock...
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...Journal of Financial Economics 33 (1993) 3-56. North-Holland Common risk factors in the returns stocks and bonds* Eugene F. Fama and Kenneth R. French 1992 Unirrrsit.v 01 Chicayo. Chiccup. I .L 60637, C;S;L Received July 1992. final version received September on This paper identities five common risk factors in the returns on stocks and bonds. There are three stock-market factors: an overall market factor and factors related to firm size and book-to-market equity. There are two bond-market factors. related to maturity and default risks. Stock returns have shared variation due to the stock-market factors, and they are linked to bond returns through shared variation in the bond-market factors. Except for low-grade corporates. the bond-market factors capture the common variation in bond returns. Most important. the five factors seem to explain average returns on stocks and bonds. 1. Introduction The cross-section of average returns on U.S. common stocks shows little relation to either the market /Is of the Sharpe (1964tLintner (1965) assetpricing model or the consumption ps of the intertemporal asset-pricing model of Breeden (1979) and others. [See, for example, Reinganum (198 1) and Breeden, Gibbons, and Litzenberger (1989).] On the other hand, variables that have no special standing in asset-pricing theory show reliable power to explain the cross-section of average returns. The list of empirically determined averagereturn variables includes size (ME, stock...
Words: 16818 - Pages: 68