LMVTX Legg Mason Capital Management Value Trust Table of Contents Executive Summary Over a period of 15 consecutive years from 1991 to 2006‚ Miller’s Legg Mason Value Trust (LMVTX) was able to outperform the S&P 500. In the recent 22 years‚ there were two non-ideal periods of LMTVX. The first one was during the bear markets of early 2000s (from 2000 to 2002) caused by the crisis of tech companies and the 911. The 2nd one started from 2006 to 2009 during the world economic recession
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and Intel‚ taking the helm as coordinators. The new “Wintel” regime‚ like its predecessor‚ was an arena where technical invention was divided amongst vertically disintegrated firms. This market structure‚ one of divided technical leadership‚ is a structure in which a number of firms possess the capability to supply interoperable components. Throughout the 1990s and beyond‚ thousands of manufacturers built PCs around hardware and software components mainly supplied by Microsoft and Intel. There
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ARM architecture From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search The ARM architecture (previously‚ the Advanced RISC Machine‚ and prior to that Acorn RISC Machine) is a 32-bit RISC processor architecture developed by ARM Limited that is widely used in embedded designs. Because of their power saving features‚ ARM CPUs are dominant in the mobile electronics market‚ where low power consumption is a critical design goal[citation needed]. Today‚ the ARM family accounts for approximately
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Freeman Ideas on Liberty (2011). An increasing number of high –technology companies have undertaken brand-building initiatives under the premise that these initiatives can create an asset that generate long-term profit‚ e.g. Intel´s ‚ Intel inside campaign‚ which began in 1991. Brand equity is the value associated with the marketing activities that enhanced the overall offering such that a premium could be earned over the same offering if it were unbranded. This indicates
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TO: VEFA TARHAN‚ SPECIAL TOPICS IN FINANCE FROM: MAHMUT MACIT‚ AHMET ARDA ATIK‚ CAN KORKMAZ DATE: NOVEMBER 4‚ 2014 CASE: PIONEER PETROLEUM CORPORATION Overview of the Company Pioneer Petroleum Corporation established in 1924 and operating in oil refining‚ pipeline transportation‚ and industrial chemical fields. Company uses weighted-average cost of capital (WACC) as a discount rate to discount future cash flows that generate from possible projects. According to net present values of these possible
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|$0.62 |$0.59 | |Net Income |$0.05 |$0.32 |$0.73 |$0.76 | |Cash Dividend |0 |0 |$0.40 |$0.40 | |Common Shares Outstanding (000) |3‚316 |3‚316 |3‚316 |3‚316 | | fn 1/ Beginning in 1991 Eskimo Pie increased prices for products and assumed responsibility for advertising and sales promotion costs previously shared with licensees. This change in business practice accounts for approximately one-half of the increase in net sales for 1991 with a similar impact on gross profit. Advertising and sales promotions
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Intel® Desktop Board DX48BT2 Technical Product Specification March 2008 Order Number: E29116-001US The Intel® Desktop Board DX48BT2 may contain design defects or errors known as errata that may cause the product to deviate from published specifications. Current characterized errata are documented in the Intel Desktop Board DX48BT2 Specification Update. Revision History Revision -001 Revision History Date ® First release of the Intel Desktop Board DX48BT2 Technical Product
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Capital Structure Stewart C. Myers The Journal of Economic Perspectives‚ Vol. 15‚ No. 2. (Spring‚ 2001)‚ pp. 81-102. Stable URL: http://links.jstor.org/sici?sici=0895-3309%28200121%2915%3A2%3C81%3ACS%3E2.0.CO%3B2-D The Journal of Economic Perspectives is currently published by American Economic Association. Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR ’s Terms and Conditions of Use
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early history of portfolio theory: 1600-1960. Financial Analysts Journal‚ Vol. 55‚ No. 4 Miller‚ M. (1958) The cost of capital‚ corporation finance and the theory of Investment. American Economic Review (June 1958)‚ pp. 261-297. Modigliani‚ F (1961). Dividend Policy‚ Growth‚ and the Valuation of Shares. The University of Chicago Press The Journal of Business‚ Vol. 34‚ No. 4 (Oct.‚ 1961)‚ pp. 411-433 Nash‚ J. (1960). Equilibrium Points in N-person Games. Proceedings of the National Academy of Sciences
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1.High Color Detergent is issuing new shares of stock which will trade on NASDAQ. If Sue purchases 300 of these shares‚ the trade will occur in which one of the following markets? Primary 2. Wilson just placed an order with his broker to purchase 500 of the outstanding shares of GE. This purchase will occur in which one of the following markets? Secondary 3.Hi-Tek Shoes is a private firm that has decided to issue shares of stock to the general public. This stock issue will be referred to as a(n):
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