THE EFFECT OF ENERGY PRICES ON TRANSPORTATION AND STORAGE SECTOR’S EQUITY RETURNS: THE IRANIAN CASE by ABSTRACT The purpose of this study is to examine the effect of oil and gas prices on transportation and storage sector’s equity returns in Iran. To this end, we analyze Iranian transportation and storage sector index for the period from the first week of January 2005 until the third week of March 2010. Based on the multifactor model and using time-series regression, our findings indicate that
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relationship between governments and central banks on the one hand and currency markets on the other is much the same as the typical relationship between these institutions and stock markets. Governments may regulate stock markets to prevent fraud, but stock values themselves are left to float in the market. The U.S. government, for example, does not intervene in the stock market to influence stock prices. The concept of a completely free-floating exchange rate system is a theoretical one. In practice, all
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Marijuana, also known as cannabis, is a form of the cannabis plant. In 1923, marijuana was added to the Confidential Restricted List as a prohibited drug in Canada. However, many Canadians believe that marijuana should be legalized because it can play a significant role in the medical industry. However, others hold the opposite attitude toward Marijuana legalization. This serious controversy has lasted for many decades. Canada’s neighbor, the U.S. government, has forbidden this drug since the early
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The Role of the Militia in Today’s Canadian Forces Jack English | September 2011 Strategic Studies Working Group Papers The Role of the Militia in Today’s Canadian Forces ABOUT THE AUTHOR Lt. Col.-Dr. John A. English retired from the Canadian army in 1993 with 37 years service in the King’s Own Calgary Regiment, the Queen’s Own Rifles, and Princess Patricia’s Canadian Light Infantry. Educated at Royal Roads and the Royal Military College, he went on leave without pay to attain an MA in
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Canada Homes Corporation Report prepared for: CHC Board of Director Prepared by: Erdell & Co., Management Consultant July 2, 2006 Executive Summary Canadian Home Corporation (CHC), a residential developer in Eastern Canada, was incorporated in 1978 and is well-known in the residential construction industry for quality and innovative design. Currently CHC is experiencing challenges in generating profitable income and meeting shareholder’s objective of annual dividends. It remains
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traders and banks of the world. It is not tied to any stock exchanges in the world. In fact, it is over-the-counter (OTC) market. It helps international trade and investment. It is the mechanism by which the currencies are related to each other. The values of different currencies are determined in the foreign exchange market. An individual or an institution, anybody can trade in currencies. The trade takes place in pairs i.e. one currency is purchased and other is sold in a simultaneous transaction
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Copper Industry The Copper Industry is a globally attractive industry due to the great demand for the resource as well as the striking economic value. The copper industry is a multi-billion dollar global market. With mines all across the world, drillers are constantly pushing to get their hands on a bigger piece of the market. Copper is an extremely valuable resource due to its corrosion resistance, high conductivity, and ability to alloy with other metals. The electrical, electronic, and communications
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the homeland of Salem, Ohio. The best method for transporting Udderly Smooth to Canada would be by truck or by plane. Luckily, there is no modification to packaging necessary. This marketing plan will explain why Udderly Smooth is perfect for the Canadian market. It will breakdown every aspect step by step from promoting, distributing, pricing, and selling. Udderly Smooth is targeting a great market with a lot of potential for a lot of sales growth. Canada has a lot of opportunity for Udderly Smooth
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HW#1 Finance 463 Shapiro 9 Student: ___________________________________________________________________________ 1. Historically, the primary motive for U.S. multinationals to produce abroad has been to A. lower costs B. respond more quickly to the marketplace C. avoid trade barriers D. gain tax benefits 2. The primary objective of the multinational corporation is to A. maximize shareholder wealth B. maximize world production C. minimize debt D. minimize the cost of doing business globally
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“The Labour Market” Canadian automotive industry has taking a huge leap forward since its past years, considering the fact that population is growing each and every day. In Canada, transportation has become a very significant part of life and hence people travel through different modes of transportation each and every day. This substantial growth has also proven to maximize the profit ratio which is hence helping to keep the economy stable. This advancement in transportation is proving as an advantage
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