Assuming this more flexible approach to Volatility, such exposure's arguably one of (if not the) most important portfolio allocation — though obviously the potential for a large & negatively correlated price reaction may be reduced or delayed, albeit this should (ideally) be mitigated
by the underlying business growth trajectory.
Below the 20 % ownership figure, however, only our share of dividends paid
by the underlying business units is included in our accounting numbers; undistributed earnings of such less - than - 20 % - owned businesses are totally ignored.
Even if the discounts persist, those discounts seem justifiable only for stock market reasons, and seem in no way justified
by underlying business value considerations.
When aiming for an every increasing annual forward dividend, you will not fall into the trap of picking stocks by the months they get paid out but rather select
them by the underlying business.
Below the 20 % ownership figure, however, only our share of dividends paid
by the underlying business units is included in our accounting numbers; undistributed earnings of such less - than - 20 % - owned businesses are totally ignored.
Not exact matches
But it should be remembered that the
underlying businesses owned
by PE firms are not less volatile than other real - world companies.
The other half is about the remarkable rise of blockchain, the core technology
underlying bitcoin that is enjoying unprecedented adoption
by banks and big
business.
Now Circle is preparing to take another major leap forward
by tacking on an entirely new
business as part of its
underlying market infrastructure.
I am particularly pleased to see the
underlying growth that we anticipated in our SES Networks
business coming through, fuelled
by strong performance in our aeronautical Mobility and Government
business segments.
Government
underlying revenue grew
by 13.0 % in Q1 2018, compared with Q1 2017, driven
by strong growth in both the U.S. and Global Government
business.
But as opposing experts (and a small army of writers) feud over the issue here in the United States, across the pond several top universities are eliminating the
underlying logic of the argument
by creating programs to help budding
business owners get their start - up dreams off the ground — while they get their degrees.
Maple Leaf says positive trends and performance in its
underlying business were offset
by market conditions in pork markets which were materially below a year ago.
2 The percentage change has been calculated using actual exchange rates in use during the comparative prior year period to enhance the visibility of the
underlying business trends
by excluding the impact of translation arising from foreign currency exchange rate fluctuations, which is considered a non-GAAP financial measure.
The profit illusion created
by Jarden's corporate strategy has driven shares up over 230 % in the past five years, to the point where the company's
underlying business simply can not justify the share price.
Kemper believes the
underlying combined ratio is useful to investors and is used
by management to reveal the trends in Kemper's property and casualty insurance
businesses that may be obscured
by catastrophe losses and prior - year reserve development.
The exact repayment term is usually determined
by the useful life of the
underlying asset or
business purpose for which the loan is used.
Adjusted income (loss) from operations is a measure of profitability used
by Cigna's management because it presents the
underlying results of operations of Cigna's
businesses and permits analysis of trends in
underlying revenue, expenses and shareholders» net income.
I've learned that whether someone is trying to qualify for the Olympics, break ground in mathematical theory, launch a new
business, or craft an artistic masterpiece, many of the practices
underlying sustainable success are the same; supported
by scientific evidence; and available to everyone.
The International segment reported a loss from continuing operations before income taxes of $ 1.3 million on a US GAAP basis and an
underlying pretax loss of $ 1.0 million in the fourth quarter, versus a loss of $ 5.1 million for both measures a year ago, driven
by the addition of the Miller brands, volume growth and positive pricing in Latin America and Australia, cost savings in MG&A, and cycling the substantial restructure of our China
business in 2015.
Management uses these non-GAAP financial measures to assist in comparing the Company's performance on a consistent basis for purposes of
business decision making
by removing the impact of certain items that management believes do not directly reflect the Company's
underlying operations.
 Itâ $ ™ s even more disturbing when these are produced
by people who reportedly are trained as economists.  They are doing a disservice to the public, to their small
business members and to the economics profession
by putting out material with such misinformation and gross manipulation of the real
underlying facts.
While we make thousands of adjustments in our models to close accounting loopholes and portray the true economics of the
underlying business, every adjustment is not only 100 % transparent but also overrideable
by clients.
Beyond an understanding of intellectual property matters and the science and technology
underlying them, our attorneys understand the
business models used
by our clients to maximize the value of these technologies, and we seek to create or add value to their intellectual property and technology portfolios.
By definition it is states as one
underlying corporation or
business trust may divide itself into subsidiaries.
The second is toward the dominant cultural structures represented
by government,
business, and the common ideologies and values that
underlie these.
The core Food Group — Aryzta also owns 71 % of Origin Enterprises, the Irish agri - nutrition
business — increased operating profit
by 4 % to Eur227m on
underlying -LSB-...]
Kerry's trading margin was maintained at 10.6 %, reflecting 20 basis points improvement in taste and nutrition and «positive
underlying margin improvement» in Kerry Foods, which offset
by adverse Sterling exchange rates resulting in a 70 basis points margin reduction at the consumer foods
business.
«We believe increasing the
underlying farmgate returns
by $ 1 per kilogram of milk solids
by financial year 2017 will deliver the level of return Murray Goulburn supplier / shareholders require to have confidence to invest in their farm
businesses and grow milk production,» he said.
Poor physical health and financial health are driven
by the same
underlying psychological factors, finds a new study out of the Olin
Business School at Washington University in St. Louis.
The DOJ is confused
by the layers of self - interest in the
business community and is siding with retail price fixers, rather than producer price fixers, without being clear about the
underlying market forces.
By applying their knowledge of the
underlying business models, they can select the most convenient and economical combination of products to reach their library's educational goals.
Diversify risk
by investing into companies who themselves offer diversification
by having multi-faceted and dispersed
underlying businesses;
Over a period of anything less than a few years,
underlying business performance — which is what we're focused on — is drowned out
by market «noise».
In retrospect, Valeant's
underlying businesses were not sufficiently durable to withstand the impact of the reputational damage caused
by the stock price decline, negative media attention, and its impact on employee morale, retention, recruitment and the reputation of the company.
It's partly influenced
by the strength of the economy, the
underlying productivity of
businesses, and the expected returns on other investments.
«
By using Russell's style indexes for these new ETF products, ProShares relies on the same
underlying index methodology that produced the leading benchmarks for institutional investors,» said Rolf Agather, director of
business development for Russell indexes.
Calculate the value of the
underlying business, subtract any debt and divide the result
by the number of shares on issue.
Certain capital gains made
by Australian companies on the disposal of their shares in foreign companies with
underlying active
businesses, subject to conditions
Value investing in the U.S. is driven
by fundamental analysis, a rigorous assessment of
underlying value based on an understanding of a particular
business or asset.
This emphasis on earnings from operations as reported and on perceptions of growth
by analysts and money managers permitted these people to ignore rather completely other factors that tend to be extremely important in any balanced analysis for which GAAP is useful: e.g., strength of financial positions; understanding the
underlying business; and appraising management not only as operators and stock promoters, but also as investors of corporate assets and financiers of
businesses.
capital is protected to some degree
by ensuring that we do not overpay for the
underlying assets or
business.
RBC's opinion does not address the merits of the
underlying decision
by Avigen to accept or reject the MediciNova offer or the relative merits of the MediciNova offer compared to any alternative
business strategy or transaction in which Avigen might engage.
Our opinion does not address the merits of the
underlying decision
by the Company to accept or reject the Offer or the relative merits of the Offer compared to any alternative
business strategy or transaction in which the Company might engage.
In order to do their good works, they must rely on the
underlying wealth created
by business.
The
underlying premise is for
businesses to produce less waste
by changing employees» and suppliers» habits.
Oil producers and refiners, along with manufacturers of steel, aluminum and even home appliances, are fighting a proposal
by the Environmental Protection Agency that would make the amount of greenhouse gas emissions that companies release — and the
underlying data
businesses use to calculate the amounts — available online.
In short,
by presenting a detailed case study of a highly specialized court that operates under government auspices, this Article argues that formal state law can outperform informal group norms
by satisfying the
business needs of close - knit merchants while simultaneously contributing to the shared values that
underlie the success of their future transactions.
Bizarre as the point is, it represents a reasonable
underlying concern — the
business had been acquired and the rebranding signified that the previous culture that supported the pension scheme, had been replaced
by something unknown.
The MOJ argued that on looking at the five factors identified
by Lord Phillips in Various Claimants v Catholic Child Welfare Society [2013] 2 AC 1 for identifying an
underlying an
underlying duty, crucial factors were absent, including the absence of any employment relationship with those responsible for the torts complained of, that healthcare provision was not part of the MOJ's
business activity, that the MOJ had not created a risk of clinical negligence and that it exercised no control over healthcare provision in prison.
In the court below, Mr. Justice Kent finds there is a common issue
underlying claims made
by Mr. Stallan — namely whether Ms. Lisa Palleson (his former spouse) wrongfully seized control of certain assets and transferred them to her mother to start and operate a new
business.