Markets What are the purpose and functions of stock exchanges as financial intermediaries? Financial intermediaries are institutions such as building societies‚ banks‚ stock exchanges and insurance companies. They all act as an intermediary between people‚ institutions or countries that may have high incomes‚ profits or surpluses and those that have lower incomes‚ losses and deficits. Some major stock exchanges around the world are: the New York stock exchange (NYSE)‚ NASDAQ‚ American (AMEX)‚ London
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• JOINT STOCK COMPANY: A group of private investors who pool their money to support big projects. A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company’s shares (certificates of ownership). This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer
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Chapter 2 – VALUATION AND CHARACTERISTIC OF BONDS AND STOCKS 1.0 Bonds A bond is a promissory note issued by a business or a governmental unit. Treasury bonds‚ sometimes referred to as government bonds‚ are issued by the Federal government and are not exposed to default risk. Corporate bonds are issued by corporations and are exposed to default risk. Different corporate bonds have different levels of default risk‚ depending on the issuing company ’s characteristics and on the terms of the specific
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Prevention of the Stock Market Crash The end of World War I heralded a new era in the United States. It was an era of enthusiasm‚ confidence‚ and optimism (Rosenberg). It is in such times of optimism that people took their savings out from under their mattresses and out of banks and invested it in the stock market. With everyone’s money in the market‚ the 1929 stock market crash took a heavy toll on everyone. This crash was a shattering event that went on to shape this country. Even though the
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250 Part B: 2‚280 1 Part A: Chinese Stock Exchange Market and Efficiency 2 Table of Contents TABLE OF CONTENTS ............................................................................................................................... 3 INTRODUCTION .......................................................................................................................................... 4 I. 1. 2. OPERATION AND ACTIVITIES OF CHINESE STOCK EXCHANGE MARKET .........................
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Relationship Between Stock Markets Of Major Developed Countries And Asian Emerging Markets WING-KEUNG WONG† Department of Economics‚ National University of Singapore JACK PENM Faculty of Economics and Commerce‚ Australian National University RICHARD DEANE TERRELL National Graduate School of Management‚ Australian National University KAREN YANN CHING LIM Department of Economics‚ National University of Singapore Abstract. With the emergence of new capital markets and liberalization of stock markets in recent
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STOCK ANALYSIS REPORT - Exxon Mobil Corporation (XOM) –August 15th ‚ 2011 [pic] Industry: Oil and Gas Operations Sector: Energy Recommendation: SELL Price: $74.29 (as of August 15th 2011‚ 4:00pm ET) Intrinsic Value: $52.10 or 42.6% overvalued Fundamentals Grade: A Investment Style: Large Cap Blend CORPORATE INFORMATION [pic] Location: 5959 Las Colinas Boulevard Irving‚ TX 75039 Phone: 972-4441000 Fax: 972-4441348 Web Site: http://www.exxonmobil.com/ Employees: 83‚000 Exchange:
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International Research Journal of Finance and Economics ISSN 1450-2887 Issue 25 (2009) © EuroJournals Publishing‚ Inc. 2009 http://www.eurojournals.com/finance.htm An Impact Analysis of Real Gross Domestic Product Inflation and Interest Rates on Stock Prices of Quoted Companies in Nigeria Daferighe. Emmanuel E Lecturer‚ Department of Accounting‚ Faculty of Management Sciences Olabisi Onabanjo University‚ Ago-Iwoye‚ Ogun State‚ Nigeria E-mail: daferighe2e@yahoo.com Tel: +234-805-5218-253 Aje. Samuel
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Advantages & Disadvantages of Preferred Stock & Bonds Deciding to invest is a huge financial step‚ not something to be taken lightly. In deciding which method‚ stock or bonds‚ one has to look at all the angels- the advantages and disadvantages‚ both immediate and long term. Preferred stock has many advantages and disadvantages. Unlike debt‚ preferred stock is flexible. Meaning preferred stock can miss annual payments unlike typical debt. Preferred stock not only is more flexible‚ it also helps
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bump stocks? Bump stocks are an accessory to a gun. They are used as an alternative replacement stock on a rifle. A bump stock allows a standard rifle to fire much like a fully automatic rifle. It allows the weapon to bounce back and forth between the shooter’s shoulder and trigger finger as long as pressure is being applied to the trigger and the bump stock. Bill Akins‚ a 63 year old Marine‚ invented the bump stock. He fought for years with the government to capitalize his idea. Bump stocks are
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