1174 Posts Found

Article discusses the reset security, also known as the “death-spiral convert” and sometimes as a “toxic” (privately held preferred stock or bonds that can be exchanged for shares of common stock. An investor will offer a company cash in exchange for a percentage of the company, but with a catch: The investor wants a guarantee that the investment’s value won’t fall (or won’t fall much). … [ Read more ]

Content: Article | Author: Cory Johnson | Source: The Standard | Subject: Finance | Industry: Finance / Banking

The term “project finance” is generally used to refer to a nonrecourse or limited recourse financing structure in which debt, equity, and credit enhancement are combined for the construction and operation, or the refinancing, of a particular facility in a capital-intensive industry, in which lenders base credit appraisals on the projected revenues from the operation of the facility, rather than the general assets or the … [ Read more ]

Content: Online Resource | Source: Institute of International Project Finance | Subjects: Finance, Project Management

One of the most popular ways to gauge a company’s health is to mind what corporate insiders are doing. If they’re jumping ship or dumping shares, there’s good reason to worry. But it’s not as easy to track insider bearishness as you might think, thanks to a hedging tactic called the zero-cost collar, a tool that’s saved insiders a boatload of cash while individual investors … [ Read more ]

Content: Article | Author: Eric Moskowitz | Source: Red Herring | Subject: Finance | Industry: Investment Banking

With donor-advised funds, you can avoid capital gains, get a huge income-tax break, and support your favorite cause.

Content: Article | Author: Robert Barker | Source: BusinessWeek | Subjects: Social Responsibility (ESG), Taxation

This handy glossary of trading terms is from the News for Traders Website. Trading words and phrases are concisely defined and listed in alphabetical order. Hyperlinks within the definitions lead users to other words in the glossary or to outside sources. The glossary may be browsed, but there is no search feature.

Content: Online Resource | Source: News for Traders | Subject: Finance | Industry: Investing

Although digital cash was a compelling concept, companies went out of business left and right trying to make it work — until PayPal came along. PayPal’s simplified idea of e-cash didn’t create a separate currency (instead sticking with the good old dollar), and signing up didn’t require any paperwork or credit checks. The service expanded exponentially when eBay users began to adopt it as a … [ Read more ]

Content: Article | Author: Damien Cave | Source: salon.com | Subjects: Finance, IT / Technology / E-Business | Industry: Finance / Banking

David Komansky, chairman and CEO of Merrill Lynch & Co., finds it ironic that the head of a financial services firm gets asked to lecture on the new economy these days. “Our company has been called ‘a relic from the Cro-Magnon era’,” he said during a visit to Wharton. “But because of the patterns that started in the last year, some of the virtues of … [ Read more ]

Content: Article | Author: David Komansky | Source: Knowledge@Wharton | Subjects: Finance, Trends / Analysis | Industry: Finance / Banking

Article discusses the concept of business development corporations (BDCs) and highlights some of the players.

Content: Article | Author: Lewis Braham | Source: BusinessWeek | Subject: Finance | Industry: Finance / Banking

CommerceNet, a nonprofit booster of e-business, won respect throughout Silicon Valley because it was an honest broker. So how did a few of the group’s executives make millions for themselves? This article explains how and also provides an interesting look at an important historical presence in the development of e-commerce.

Content: Article | Author: Dan Goodin | Source: The Standard | Subjects: Ethics, Taxation

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The return on the market portfolio plays a central role in the capital asset pricing model (CAPM), the financial theory widely used by both academics and practitioners. However, the intertemporal properties of the stock market return are not yet fully understood. In particular, ther is an ongoing debate in the literature about the relationship between market risk and return and the extent to … [ Read more ]

Content: Article | Authors: Hui Guo, Robert Whitelaw | Source: Federal Reserve Bank of St. Louis | Subjects: Finance, Market/Investment | Industry: Investing

A glossary of over 5000 financial terms in English, German, French and Italian.

Content: Online Resource | Source: Services and Developpement SA and Viel Tradition Group | Subject: Finance | Industry: Finance / Banking

Online course in options consisting of 6 chapters and a quiz:
1. Comparing Forward, Futures and Options
2. Options Basics
3. Basic Options Pricing
4. Structure and Functioning of an Options Exchange
5. Hedging
6. Trading Strategies

Jointly developed by the International Finance & Commodities Institute (IFCI) and Axone Services & Développement S.A.

Content: Online Resource | Sources: Axone Services, Développement S.A., IFCI | Subjects: Education, Finance | Industry: Finance / Banking

ABSTRACT – It is widely believed that the Fed controls the funds rate by altering the degree of pressure in the reserve market through open market operations when it changes its target for the federal funds rate. Recently, however, several economists have suggested that open market operations may not be necessary for controlling the funds rate. Rather, they suggest that the Fed controls the funds … [ Read more ]

Content: Article | Author: Daniel L. Thornton | Source: Federal Reserve Bank of St. Louis | Subjects: Economics, Finance

This page, maintained by Tim Opler shows a last updated date of March 15, 1997 and indeed there are some broken links – but there are also quite a lot of good links still. Courses are organized by level (undergrad, MBA, PhD). Part of a larger site for finance links found at Content: Online Resource | Author: Tim Opler | Source: Ohio State University | Subjects: Education, Finance | Industry: Finance / Banking

We don’t often post links pages, but this one is pretty impressive and is organized into the following categories:
– Finance Journals
– Institutional Working Paper Sites
– Personal Working Paper Sites
– The Finance Profession
– Research Centers
– Link Collections
– Asset Pricing & Investments
– Derivatives … [ Read more ]

Content: Online Resource | Sources: Charles A. Dice Center, Ohio State University | Subjects: Finance, Reference / Search | Industry: Finance / Banking

Content: Book | Author: John J. Murphy | Subjects: Finance, Market/Investment | Industry: Investing

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ABSTRACT: This article examines empirically the dynamic relationship between two key US money market interest rates – the federal funds rate and the 3-month Treasury bill rate. Using daily data over the period 1974-1999, we show that a long-run no-arbitrage relationship exists between these two rates. This relationship is shown to be remarkably stable across monetary policy regimes of interest rate and monetary aggregate targeting. … [ Read more ]

Content: Article | Authors: Daniel L. Thornton, Lucio Sarno | Source: Federal Reserve Bank of St. Louis | Subjects: Economics, Finance | Industry: Finance / Banking