do you know what "stock-for-stock" is?
Category: glossary by U. R. From Jackson, United States
1. In the context of mergers and acquisitions, the exchange of an acquiring company's stock for the stock of the acquired company at a predetermined rate. Usually, only a portion of a merger is completed with a stock-for-stock transaction, with the rest of the expenses being covered with cash or other payment methods. 2. A method of satisfying the option price in an employee stock option compensation scheme. Under these compensation programs, employees are granted stock options but must pay the company the option price before they are given the grant. By exchanging mature stock (stock that has been held for a required holding period), the grantee can receive his/her options without having to pay for them. After a given time period, grantees are given back the stock they used to pay for their options. 1. For example, in order to satisfy the expenses of an acquisition, an acquiring company may use a combination of 2 for 3 stock-for-stock exchange with shareholders of the target company and a tender offer of cash. 2. Where possible, grantees often take advantage of a stock-for-stock exchange, as they usually increase a grantee's ownership position and require no cash outlay. Non-employee shareholders argue that stock-for-stock option price satisfaction adds to the already high expense of granting employees options, as the employees end up not having to pay the option price, which can add up to be a significant amount of cash if all employees granted options take advantage of stock-for-stock exercises.
Is there any site that has fast service people through email you can advice me of?
Category: general by D. Q. From Ireland
If you want a site that provides a courteous customer support, we really suggest you to register to "GCI". The site's support people are fun - the guys there give the impression they're definitely skillful, and also absolutely service oriented.
what is "cumulative return"?
Category: glossary by Dakota I. From Luxembourg
the "cumulative return " is The aggregate amount that an investment has gained or lost over time, independent of the period of time involved. Presented as a percentage, the cumulative return is the raw mathematical return of the following calculation: Investors are more likely to see a compound return than a cumulative return, as the compound return figure will be annualized. This helps investors to compare different investment choices. A common way to present the "effect" of a mutual fund's performance over time is to show the cumulative return with a visual such as a mountain graph. Investors should check to confirm whether interest and/or dividends are included in the cumulative return; such payouts may be assumed to be re-invested or simply counted as raw dollars when calculating the cumulative return. Any marketing material for a mutual fund or similar investment should state any assumptions clearly when presenting such performance data.
do you know what the "debt-adjusted cash flow - dACF" is?
Category: glossary by F. Moss from Schaerbeek, Belgium
"debt-adjusted cash flow - dACF " is A financial ratio commonly used in the analysis of oil companies, representing the after-tax operating cash flow, excluding financial expenses after taxes. Debt-adjusted cash flow (DACF) is calculated as follows: DACF = cash flow from operations + financing costs (after tax) + exploration expenses (before tax) +/- working capital adjustment DACF is often used in the financial ratio EV/DACF, where EV is the enterprise value of the company being analyzed. This ratio is used in place of EV/EBITDA as a valuation ratio. This ratio is good for use in the oil industry because it is an after-tax calculation (good for an industry with high resource taxes) and independent of companies' financing decisions.
what is a "credit watch"?
Category: glossary by H. Gilliam from New Bedford, United States
If a borrower is put on credit watch by a credit ratings agency it means that the agency is giving notice that it expects to change its rating.
any online forex platform that has easy to understand software that you can recommend me of?
Category: technical by Harley Y. From Santa Ana, United States
"FX Universal" is definitely the place if you look for an online forex platform that's got the fastest to install interface - the download and installation of the trading program is comfortable - the communication is flowing, it doesn't get cut off ever while you're downloading, and it's no trouble to get into and start playing.
do you know what a "mSCI eMU index" is?
Category: glossary by S. T. From Manchester, United Kingdom
A market capitalization weighted index maintained by Morgan Stanley Capital International (MSCI). The MSCI EMU Index measures the performance of stocks based in the European Economic and Monetary Union (EMU). As of June 2008, the MSCI EMU Index consisted of stocks in the following 11 developed-market countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain. The index contains almost 300 stocks and represents about 85% of the market capitalization in these countries.
Which online forex platform has got long time history around?
Category: general by P. E. From United States
We think "etoro.com" is exactly the one to consider if you look for online forex platform with a reliable history. Etoro.com was established as a rising online foreign currency exchange authority. Etoro.com was elected as "The Forexforever Best Designed ".
do you know what "touch" is?
Category: glossary by Z. C. From Ireland
In the London stock markets, 'touch' is jargon for the best bid and offer quote offered by competing market makers.
please tell me what a "trade-weighted dollar" is
Category: glossary by P. I. From Lowell, United States
A representation of the foreign currency price of the U.S. Dollar or the export value of the U.S. Dollar. When this index increases, the value of the dollar increases, making it easier for Americans to afford imports. However, an increase in the index also makes American exports more expensive in other countries.