This paper we prepared by Werner F. De B‚ and Richard T in 1985 in the Journal of Finance. The paper investigates the reaction on stock prices after the announcement of related news. Specifically‚ the paper aims at finding whether the stock overreaction to such news is predictive or not. Using the empirical test‚ the paper was preformed by obtaining monthly return for 85 consecutives periods. The findings of this paper are: first‚ the overreaction effect is larger for losers’’ firms than winners
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political harassment of the highest order‚ " Bunye said‚ "We have nothing to hide but we will not stoop down to the level of media grandstanding." Below is the joint committee’s findings on the alleged involvement of Arroyo in the fertilizer fund scam: The Committees recommend that President Gloria Macapagal-Arroyo must be held accountable in the mismanagement of the fertilizer fund and take it upon herself to institute measures to correct the flaws in her administration. It bears knowing that
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Satyam scam Satyam Computers services limited was a consulting and an Information Technology (IT) services company founded by Mr. Ramalingam Raju in 1988. The company offers information technology (IT) services spanning various sectors‚ and is listed on NSE‚ BSE‚ the New York Stock Exchange and Euronext. It was India’s fourth largest company in India’s IT industry‚ offering a variety of IT services to many types of businesses. Its’ networks spanned from 46 countries‚ across 6 continents and employing
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portfolio across the two markets. Give justification Our Period 2 results have swept the industry and we have become number one team in our industry. We are the leaders in value market shares (23%) and unit market shares (29%) in Squazols market. Our 5 year plan will focus on maintaining the brand equity in the Squazols market as we can see the 5-year anticipatory growth in manufacturing and construction sector and we have products strategically placed in Squazols market. Although we have invested
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Topic : Internet Scam Thesis Statement : Why many students victimized in Internet Scam? The aim of this chapter Chapter 1 : I.Introduction The aim of this chapter is to give an overview of Internet fraud in general. The Internet fraud definition‚ types and examples will be discussed. The chapter identifies some web applications that are suffering from Internet fraud as well as some statistics for Internet fraud impact. It also presents some existing techniques and strategies to detect and prevent
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funds. A) the Federal Reserve Bank B) commercial banks C) large‚ well-known companies D) the New York Stock Exchange E) state and local governments 3.Which of the following is true of the Dow Jones Industrial Average? A) It is a value-weighted average of 30 large industrial stocks. B) It is a price-weighted average of 30 large industrial stocks. C) The divisor must be adjusted for stock splits. D) A and C. E) B and C. 4.Federally sponsored agency debt A) is legally insured by the U. S
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Commonwealth Games… The insights – Intro: The Commonwealth Games Scam - Tuesday‚ 03.08.2010 The 2010 Commonwealth Games are the nineteenth Commonwealth Games‚ and the ninth to be held under that name. The Games are scheduled to be held in Delhi‚ India between 3 October and 14 October 2010. The games will be the largest multi-sport event conducted to date in Delhi and India generally‚ which has previously hosted the Asian Games in 1951 and 1982. The opening ceremony is scheduled to take place
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Emmanuel Nwufo Prof. Frazier MW 8 – 9:45 March 21 2012 Should pornography be restricted by law? Pornography should not be restricted because doing it will violate the first Amendment where people have the (right to press) the right to produce what they want and people to view what they want. Pornography should not be restricted because people have the (right to expression) the right to express how they feel. And it shouldn’t be restricted as long as it shows adult only by regulating it in a
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CASE STUDY ON THE COBBLER SCAM INDEX Serial Number. Topic Page Number. 1 Introduction 4 2 How the scam unearthed 6 3 People affected by the scam 7 4 Legal Details 7 5 Politicians Implicated in the scam 9 6 Treatment of the scam 13 7 Media Projection 16 8 Conclusion 34 9 Bibliography 36 INTRODUCTION The Cobbler Scam is one of the biggest multi million dollars scam in Indian History‚ is nicknamed The Great Cobbler Scam. What really happened in this Great Cobbler Scam was that various businessman
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various lucrative investment schemes over a period of 4-5 years. The chief financial regulatory bodies like SEBI and RBI failed to sense the possibility of any fraud involved in the rosy schemes. The doubts began to roll in 1995-96 following which the scam came in light. CRB Group Bhansali was born in a jute trader’s house in Calcutta. After obtaining a degree in commerce‚ Bhansali became Chartered Accountant in 1980. In the same year‚ he started a financial consultancy firm‚ CRB Consultancy.
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