By Elena Moya LONDON (Reuters UK) - Two thirds of finance directors think the credit crunch is going to get worse, according to a survey by accountancy firm Deloitte on Monday. More than three quarters of the 83 chief financial officers surveyed said credit is now...
This template helps you perform some basic fundamental equity stock analysis. Enter the year for the most recent annual results, that way you can enter historical data for the last 5 years.
This paper shows that conduct described as unethical and blamed on "Greed" is sometimes a consequence of market competition. The author illustrates this observation using examples of five censured activities: employment of children, corruption, excessive executive pay, corporate earnings manipulation, and involvement of universities in commercial activities. In all these...
The underlying premise of the study presented in this paper is that current pension plan accounting has two important negative effects. First, it distorts the measurement of earnings and net worth in the short run, as well as the pattern of earnings over future periods. Second, this distortion can send...
Earnings are the flow of value created by corporations. This paper concentrates on the concept called EBITDA earnings before interest, taxes, depreciation, and amortization. This measure captures the results of the substantive non-financial activities of corporations and corresponds to the rental price of capital multiplied by the quantity of capital....
Corporate cash flows are highly volatile and strongly procyclical. The paper examines the asset-pricing implications of the sensitivity of corporate cash flows to economic shocks within a continuous-time model in which dividends are a stochastic fraction of aggregate consumption. The paper provides closed-form solutions for stock values and shows that...
The comeback of growth is certain as referred to the three important dimensions of growth for investors. Growth in the economy, corporate earnings and investing in growth stocks will all come back. Since the third quarter ended, last year, the economic numbers have consistently gotten better. This paper discusses the...
With buying activity sharply down, merger breakups made the biggest headlines last year. In fact, the most noteworthy trend in M&A last year concerned the number of deals undone--by regulatory intervention, by doubts about a target's prospects, by a buyer's stock-price volatility, or by just plain bad September timing. Last...
This study investigates whether a firm's corporate governance practices have an effect on the quality of its publicly released financial information. In particular, it examines the relationship between audit committee and board of director's characteristics and the extent of corporate earnings management as measured by the level of positive and...
Corrections Corporation of America (NYSE: CXW) CCA announced today that it will release its second quarter 2008financial results on Thursday, August 7, 2008. A live broadcast of Corrections Corporation of America's conference callwill begin at 10:00 a.m. central time and is accessible through CCA'swebsite at www.correctionscorp.com under the...
Dynamic Materials Corporation ("DMC") (NASDAQ: BOOM), the world's leading provider of explosion-welded clad metal plates,will announce its fiscal 2008 second quarter financial results after thestock market closes on Thursday, July 31, 2008. Following the release of its financial results, executive management willhost a conference call and simultaneous webcast. The event...
Noront Resources Ltd. ("Noront") (TSX VENTURE: NOT) is pleased to announce that it has entered into an option agreement with Passport Metals Inc. Passport. The agreement allows Passport the option to earn a 50% legal and beneficial interest in 4.5 claims making up 72 units that encompass approximately 2,850 acres...
Midway Gold Corp. ("Midway") (TSX VENTURE: MDW)(AMEX: MDW) is pleased to announce that Kinross Gold Corporation (NYSE: KGC) has entered into an exploration and option to joint venture agreement by which they can earn a 75% interest in Midway's 100% owned Thunder Mountain project, in Nye County, Nevada. Alan Branham,...
U-Store-It Trust (NYSE: YSI) announced todaythat the Company intends to release financial results for the three monthsended June 30, 2008 on Thursday, August 7, 2008. An accompanying conferencecall will be held at 11:00 a.m. ET on Friday, August 8, 2008. A live Web cast of the conference call will be...
KANSAS CITY, Mo. -- UMB Financial Corporation (NASDAQ: UMBF) and Colorado-based Citadel Bancorporation announce they have signed a definitive agreement under which UMB Bank Colorado, n.a. will acquire The Citadel Bank Citadel in an all-cash deal. UMB Financial Corporation is the holding company of UMB Bank Colorado, n.a., and Citadel...
PHILADELPHIA -- Conrad O'Brien Gellman & Rohn, P.C. is pleased to announce that Patrick L. Meehan, one of the most respected U.S. Attorneys in the country, has joined the firm as a shareholder effective July 21. His practice will focus on representing multi-national corporations and individuals in white collar criminal...
SEATTLE -- Marchex, Inc. (NASDAQ:MCHX) (NASDAQ:MCHXP), a local search and advertising company, today announced that it will release financial results for its second quarter 2008 ended June 30, 2008 on August 5, 2008, at approximately 4:30 p.m. ET. At that time, Marchex will also post the press release on the...
HARLEYSVILLE, Pa. -- Harleysville Savings Financial Corporation (NASDAQ:HARL) reported today that the Company's board of directors declared an increase in the regular quarterly cash dividend to $.18 per share from $.17 per share which represents a 5.9% increase. This is the 84th consecutive quarter that the Company has paid a...
Cleco Corp. (NYSE: CNL) will host its 2008second-quarter earnings conference call at 11 a.m. Eastern Time (10 a.m.Central Time) on Wednesday, August 6, 2008. A live webcast of the call canbe accessed through the company's Web site at www.cleco.com by selecting"For Investors," and then "Cleco Corporation Second-Quarter...
