facts would have altered the ‘total mix’ of information available to the investor.” Thus, a matter is generally thought of as “material” if a prudent investor would reasonably want to know about it. Size of the company could be relevant. And other factors such as compliance with regulatory requirements or concealment of an unlawful act could and should be brought into considerations.
of peak demand. Rolling blackouts adversely affected many businesses dependent upon a reliable supply of electricity, and inconvenienced a large number of retail consumers. This demand supply gap was further exploited by energy companies, mainly Enron. Enron traders were thus able to sell power at premium prices, sometimes up to a factor of 20x its normal peak value.
For this reason, California
to the company and shareholders should be decided with consideration of future investment opportunities, return on investments, future cash flow, capital finance conditions, etc. Company managers are evaluated their performances in a general meeting of stockholders. The stockholders have to concern the dividend distributed as their own share. Moreover, since the global financial crisis the manage
To our Shareholders, Associates and Customers: Let me begin by expressing how proud I am of everything our Associates have accomplished during the fiscal year ended January 31, 2004. Wal-Mart generated over $256 billion in global revenue, establishing a new record and adding more than $26 billion in sales. Your Company earned almost $9.1 billion in net income and grew earnings per share by over 1
2. Bad loans by major shareholders,
an attempt to exaggerate BIS through FRNIB
what is Subordinated Bonds?
It's a bond that people returned their money lastly, when bank went broke after other general creditors get back.
implementation of Bagel Convention Ⅱ - Banks need stable ROE - Excessive issue of subordinated bonds
Especially, FRNIB granted a credit and borrowed money from centra