SUMMARY In 2006‚ Merrill Lynch become the lead book runner for a $5 billion convertible bond issue for MoGen‚ Inc.‚ which was the single-largest convertible bond issuance in history. Merrill Lynch’s Equity Derivatives Group needed to convince MoGen’s management of the best coupon rate and conversion premium for MoGen and the potential investors in the issue. BACKGROUND MoGen‚ Inc was one of the leading company in the biotechnology industry. MoGen (Molecular Genetics) emerged with two of the
Premium Bond Bonds Management
This article covers the first increase in housing prices in Australia in 2011‚ raising hopes that Australian housing prices may recover in 2012. Housing prices have also dropped‚ but recently‚ the average cost for a house has also risen. The article states that this is mainly because of low interest rates and shortage of supply. Low interest rates (charges that borrowers pay to lenders for using the borrowed money)‚ would cause a shift in demand (the capability and willingness to consume a commodity
Premium Real estate
Blockbuster revolutionized the video rental industry. Founded in 1985‚ by David Cook‚ the company became the leader of the video chain industry by 1988 (Wooldridge‚ B. R.‚ Matulich‚ E.‚ & Riddick Jr.‚ J. C. 2007; “First Blockbuster‚” 2012). However‚ by September 2010‚ Blockbuster filed for section 11 bankruptcy (Ahmed‚ 2011). The external changes in the market forced Blockbuster to reassess its business model and ultimately lead to the bankruptcy decision. An analysis of Blockbuster’s organizational
Premium Renting Vending machine Strategic management
No. 6‚ December 2011 GIS Based 4D Model Development for Planning and Scheduling of a Construction Project Gopal M. Naik‚ Aditya M.‚ and Suma B. Naik Abstract—Today’s demand of construction industry requires a highly accurate planning‚ scheduling and management of the process of the project which can enable the overall optimization of the cost‚ time and resources. The older system of usage of MS Project and Primavera for scheduling‚ AutoCAD drawings and taking a lot of strain and explaining
Premium Project management Construction Project manager
Research ISSN 0718–1876 Electronic Version VOL 4 / ISSUE 2 / AUGUST 2009 / 20-30 © 2009 Universidad de Talca - Chile This paper is available online at www.jtaer.com DOI: 10.4067/S0718-18762009000200003 Using Visual Analytics to Improve Hospital Scheduling and Patient Flow Janna Anneke Fitzgerald1 and Ann Dadich2 University of Western Sydney‚ Centre for Industry and Innovation Studies 1 a.fitzgerald@uws.edu.au‚2 a.dadich@uws.edu.au Received 8 January 2009; received in revised form 24 May 2009;
Premium Marketing Electronic commerce Online shopping
Explain the aggregate supply in the short run. In the short-run‚ the aggregate supply curve is upward sloping. There are two main reasons why the quantity supplied increases as the price rises: 1. In the short-run‚ the nominal wage rate is fixed. As a result‚ an increasing price indicates higher profits that justify the expansion of output. 2. An alternate model explains that the AS curve increases because some nominal input prices are fixed in the short-run and as output rises‚ more production
Premium Inflation Central bank Monetary policy
PLANNING FACILITIES PLANNING ASSIGNMENT #1 SEMESTER FALL-2010 PRESENTED TO: ------------- MR. MUSLIM LIGHTWALA PREPARED BY: --------- MUHAMMAD MARAJ SIDDIQUI (2009-3-08-9541) INSTITUTE OF BUSINESS MANAGEMENT Institute of Business &Management Assignment 1 Course: Facilities Planning Semester: Fall 2010 Submission: by December 11‚ 2010 Total Marks: 15 1. Evaluate the facilities plan for your campus and list potential changes you would consider
Premium Parking lot Parking Parking space
This case study is to be presented in class‚ March‚ 12th‚ 2014. TEAM WORK FOR SESSION 7 A naive sahab in India (case inspired and adapted from “A naïve sahab in India” by Charles A. Rarick‚ of the Andreas School of Business‚ Barry University‚ in Cases and Exercises in International Business‚ Prentice Hall. ) Read the following case and answer the questions in the document “Bindi_Brake_Company_CaseStudy.pptx” : It was the opportunity of a lifetime‚ or so Brian Moseley thought
Premium Management
Aggregate Supply and Demand Models ECO/372 November 24‚ 2014 Aggregate Supply and Demand Models Current state of Interest Rates and their effect on the U.S. economy Since the financial collapse of 2007 the United States Federal Reserve has maintained a system of policy accommodation consisting of lowering short-term interest rates to near zero levels‚ and buying large quantities of longer-term Treasury securities in order to encourage new spending and maintain the current prices of assets. Because
Premium Monetary policy Keynesian economics Inflation
Determining Capacity Requirements Capacity planning decisions involve both long-term and short-term considerations. Long-term considerations relate to overall level of capacity‚ such as facility size; short-term considerations relate to probable variations in capacity requirements created by such things as seasonal‚ random‚ and irregular fluctuations in demand. Because the time intervals covered by each of these categories can vary significantly from industry to industry‚ it would be misleading to
Premium Economics of production Costs Cost