THREADNEEDLE ASSET MANAGEMENT LTD May 15‚ 2015 Lisa D. Ellis (Senior Analyst) • lisa.ellis@bernstein.com • +1-212-756-1855 Harshita Rawat‚ CFA • harshita.rawat@bernstein.com • +1-212-969-6228 Zhe Shen • zhe.shen@bernstein.com • +1-212-823-3627 Visa-Visa Europe: Answers to the Top 25 FAQs‚ Including our Accretion Math and Deep Dive on Yields Ticker MA V SPX Rating CUR O O USD USD 13 May 2015 Closing Price 92.52 68.65 2098.48 Target Price TTM Rel. Perf. 108.00 77.00 13.1% 18.9% EPS P/E 2014A
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to work if given a chance. Lack of occupation is a severe problem not only in Europe but in all corners of the world. People who are unemployed are seen as a liability to the society. This is because people with no jobs or other sources of income are always seen as dependent on their colleagues employed with financial stability. The unemployed find it difficult to live up to their basic needs. Unemployment in Europe and measures put in place Technological change and expansion in international
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The Rise of Europe Contemporary world power‚ and the shift from the East to the West during what historian’s term‚ Medieval/Renaissance Europe‚ shifted the roles of two vastly different empires – the Ming and Ottoman. Even though we barely even touched on the Ming Empire‚ I feel like the significance of it‚ is far too grand to leave out in describing the rise of Europe. Both empires had different types of leadership and core goals – military and social. The Ming Empire was led by brilliant philosophical
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Tajini announcing that ‘if SME’s grow‚ the economy grows’‚ from an Information Daily report (2012). This seems a reasonable statement as according to a European Commission report (2012‚ p.15) there are 20.7 million small to medium sized businesses in Europe which account for more than 98 per cent of all enterprises overall. This may be a surprise to many but the European framework states that a business with less the 249 employees is a medium-sized business‚ then this dramatically declines to 10-49 for
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European countries has been steadily growing. Nadeau supports her claims about femicide in Europe with statistics of women killed and included the norms‚ values and beliefs of both men and women in European culture. Her purpose is to dispel certain myths about domestic violence or femicide being okay in order to decrease the number of women killed and increase the acknowledgement of violence against women in Europe. She seems to have a young audience because she opposes cultural taboos and old ideas about
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During the High Middle Ages‚ Europe experienced changes in economics yet continuation in politics and religion. With growth of population and urbanization‚ trade was revived in Europe. However‚ all of Europe was never truly centralized into one large empire like the Roman or Carolingian. Yet‚ it still was under the unofficial rule of the Roman Catholic Church. Urbanization‚ with the help of population growth‚ formed which led to revival of trade. Although there was trade between villages and feudal
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Chevrolet marketing strategy plan [2005] General Motor Corporate Chevrolet Europe marketing plan 1. Company Description General Motors‚ one of the world’s largest automakers‚ traces its roots back to 1908. With its global headquarters in Detroit‚ GM employs 204‚000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries‚ and sell and service these vehicles through the following brands:
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Life in Western Europe during the Middle Ages was very different than it is today‚ with lifestyles unique to that time. Tremendous insecurity existed because of the threats of the Viking raiders and the Umayyad Caliph. The Europeans became very self-sufficient and did not heavily rely on trade from other places‚ which helped to create a new social structure. As a result‚ Medieval Europe had many distinctive customs that are no longer practiced. The Europeans were very insecure during this time
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“The Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture‚ manufacturing‚ mining‚ and transport had a profound effect on the social‚ economic‚ and cultural conditions starting in Britain‚ then subsequently spreading throughout Europe‚ North America‚ and eventually whole world” (Cummingham). The Industrial Revolution influenced every aspect of daily life in Europe during the 19th century. There are many factors that led to the Industrial Revolution
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The 14th century was an era of catastrophes. Some of them were man-made‚ such as the Hundred Years’ War. However‚ there were two natural disasters either of which would have been enough to throw medieval Europe into real "Dark Ages". The Black Death that followed on the heels of the Great Famine caused millions of deaths‚ and together they subjected the population of medieval Europe to tremendous struggles‚ leading many people to challenge old institutions and doubt traditional values. These calamities
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