Journal of Financial Economics 14 (1985) 3-31. USING North-Holland DAILY STOCK RETURNS The Case of Event Studies* Stephen J. BROWN Yale Universiry. New Haven‚ CT 06520‚ USA Jerold B. WARNER Universrty of Rochester‚ Rochester‚ NY 1462 7‚ USA Received November 1983‚ fmal version received August 1984 This paper examines properties of daily stock returns and how the particular characteristics of these data affect event study methodologies. Daily data generally present few difficulties for
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Background Fast food culture‚ which began in the United States from the last century. Nowadays it has spread all over the world because of its convenience and cheapness. Especially in Asian countries that where are living on rice‚ the sudden increase of fast food restaurants have brought major changes in conventional food culture. For example‚ the amount of importation beef which is indispensable to a hamburger has increased since hamburger restaurants expanded into Japan in the 1970s. On the other
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Novelist Marina Warner in her article ‘Game on’ (2005) highlights the ways in which artists engage with play in making their artwork and how ‘’artists are increasingly searching for new forms of representation through play-acting and make-believe’’ (Warner‚ M. ‘Game On’ 2005). She states that numerous contemporary artists are intrigued with the idea of childhood play and this has ‘’never been as central to artists’ enterprise as it is today’’ Warner makes references to Surrealist art in relation
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Warner - Lambert Ireland : Niconil Summary Warner-Lambert Ireland is an international pharmaceutical and consumer products company. Its product portfolio includes Dentyne chewing gum‚ Listerine mouth wash and Hall’s cough drops. It was going to launch Niconil in the market. Niconil was a product that would help smokers who wanted to quit smoking. It was an innovative product that that promised to be more effective than other products which were in the market. In 1989‚ 30% of the adults smoked
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Luana Renee Warner was her name. She had long curly dirty blonde hair. She was a caring person who helped everyone she came across. Luana had two beautiful twin daughters‚ both looking identical to herself. Those two girls were her life. She cherished and loved them with all her heart. One of the daughters looked at her like a hero‚ and the other was more of a daddy’s girl‚ but still loved her mother. On May 7th 2006‚ my mother‚ Luana Renee Warner‚ died from alcohol poisoning. My mother left behind
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should stop eating junk food. In the article “New Study Reveals Junk Food Good for You‚” Billy Bunting believe some types of sugary‚ fatty junk foods “are better for you than so-called healthy foods” (Bunting). Throughout the article‚ he accounts evidences to verify his argument that eating large doses of junk food is good and a key to a long and healthy life. In “New Study Reveals Junk Food Good for You‚” Bunting accounts studies‚ action points‚ and seven “tips to enjoy eating junk food so that its benefits
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Innovative Marketing‚ Volume 2‚ Issue 1‚ 2006 67 Warner EMI Music. Strategic Development for the First Decade of the New Millennium Demetris Vrontis Abstract This case has been compiled to put forward the author’s suggestions for future strategic development open to Warner EMI Music as they develop during the 1st Decade of the 21st Century. The case is divided into four main sections. Section one is concerned with an environmental scanning including an analysis of Porters’ Value Chain
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Warner Bros SWOT Analysis Strengths * Warner Bros. is one of the largest movie producers in the world and is recognized internationally. With this high brand reputation as an entertainment leader‚ Warner Bros. has a strong competitive advantage. * As a huge company‚ Warner Bros. possesses large funds and enough resources to produce high quality movies and effectively market them without partnering with other parties. These funds also allow this company to hire the most popular actors‚
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March showers filled the air one afternoon across Middle Georgia. I was off of work so my Great Dane buddy and I decided to stay at home to keep from floating away. I decided to log on to My Space and see what’s happening around Warner Robins. I was scrolling through the people you may know list‚ page after page to see who was online. I clicked on a link‚ the link brought me to a page and I was floored she was so beautiful. I read the profile‚ it was everything I was it was so prefect almost unbelievable
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A decade ago‚ America has witnessed its biggest merger of their history when AOL and Time Warner merged for an all stock deal with a combine value of $ 350 billion which also created the world’s largest media and Communication Company‚ but today I want to re-examine this ill-fated deal and try to explore what went wrong. In an initial statement about this merger and probabilities of new company it was stated that this merger will lead to a speedy development and growth for all its businesses. It
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