Common stock

restated the finances for 2010 and 2011 fiscal years” (Wall Street Journal, 2014). “The company’s share once reached $90 a share dropped to $17” (SEC, 2014). The deal fell through with Procter & Gamble because Diamond could not maintain a healthy stock price. It was hard to prove whether the payments were intentionally recorded in the wrong year because the walnut growers deliver at the end of the year but payments are made throughout the year. The company had also started using contracts with…

Coal companies are making big bucks by digging up land in search of coal and in the process they’re barely cleaning up the mess they made. They have the money to do the cleaning up, but they don’t want to pay it. Even regulators are fearing a one billion dollar coal cleanup bill. If it was up to the coal companies they would leave the $1 billion bill for the taxpayers to deal with. Michael Corkery states that, “ The regulators worry that coal companies will use the bankruptcy courts to pay off…

Arbor's Oklahoma City Office Originates Nearly $30 Million in Loans Arbor Commercial Mortgage, LLC (“Arbor”), national direct commercial real estate lender, announced in November that it funded six loans totalling nearly $30 million. Under the Fannie Mae DUS Small Loan, Freddie Mac Small Balance Loan, and FHA 223(f) programs, the mortgage company was able to secure the funding across multiple cities in Michigan -- with Vice President Mike Jehle of Arbor’s Oklahoma City office originating the…

To request approval to procure contracts for the provision of guardianship services for Department of Aging and Disability Services (DADS) wards in areas of Texas not currently being served. In 2004, The Department of Family and Protective Services transferred the Guardianship Program to DADS through a memorandum of Understanding. House Bill 6, 79th Legislature Regular Session, 2005, transferred statutory authority to DADS effective September 1, 2005. Rules relating to the DADS Guardianship…

Question 2: STANK & VISTA A & B: Yes, Angel will prevail. Based on this scenario, neither Stank nor UNIC took any actions regarding the purchase of Greenacre from Vista Property, which Stank has personal interest in. According to Miller, directors and officers have the “Duty of Loyalty” which “requires directors and officers to subordinate their personal interests to the welfare of the corporation. For instance, a director should not oppose a transaction that is in the corporation’s best…

The accounting method used to account for investments in common stock depends on the level of control that the investor has over the acquired company (investee). The cost method is used if the investor lacks significant influence over the investee operating and financial policies; this lack of control is usually due to a common stock ownership level of less than 20 percent. Dividends are treated as income and recognized when the investee declares dividends; the investor records only the…

to a stock fraud that involves inflating the price of an owned stock through misleading positive statements, in order to sell the inexpensively purchased stock at the raised price. The Securities and Exchange Commission’s goal is to protect investors and maintain fair, efficient markets. They have exposed multiple cases of pumping and dumping, which has become a fairly common practice in finance. In July 2015, the SEC released information about three men who pumped the price of penny stocks as…

Interpretations of the result is to be included in stock recommendation part. For the purpose of this report, the defects of this method is discussed here. Firstly, Yee (2004) pointed out that the accuracy of this market approach is heavily based on a reliable peer group of efficiently priced comparable…

investment in Morelli stock at December 31. Exercise 12-8 | | | | Your answer is correct. | | | Presented below are two independent situations. 1. | | Chicory Cosmetics acquired 15% of the 200,000…

herding and positive feedback trading. Herding is a group of investors following common signals and trading in the same direction simultaneously. Positive feedback trading is trading based on the historical prices and involves buying shares when the market is improving and selling shares when the market is declining (Lakonishok, Shleifer and Vishny 1992). To evaluate the potential influence of institutional trading on stock market, the following analysis focus on how herding and…