Subjects: Abu Dhabi : Crown Prince; Afghanistan : Afghan military and security forces; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : President; Afghanistan : Terrorism; Afghanistan : United Nations Assistance Mission in Afghanistan, compound attack in Mazar-e Sharif; Africa : Economic development strategies, strengthening efforts; Agriculture, Department of : Food and Agricultural Development, Board for International; Agriculture, Department of : International Food and...
Subjects: ABC News; ABC News, "World News with [Diane Sawyer]"; Administrative Conference of the U.S., Council of the; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : NATO International Security Assistance Force, acting commander; Afghanistan : President; Afghanistan : President [Obama]'s visit; Afghanistan : Terrorism; Afghanistan : Terrorism ; Afghanistan : U.S.
This paper examines the reactions of investors in Real Estate Investment Trusts (REITs) to 11,650 REIT dividend announcements that occurred between January 1, 1970 and March 31, 2007. Depending on the situation, there is evidence consistent with the overreaction hypothesis, the uncertain information hypothesis, overoptimism, and with market efficiency. The market reaction to a given dividend announcement by a REIT depends not only on the direction of change in the dividend, but also on the prevailing monetary environment in which the announcement is made, and on whether the announcement is seen as good news, or whether the market views the announcement as concomitant with bad news.
Subjects: ABC : "The View" program; ABC News; ABC News, "World News with [Diane Sawyer]"; ABC, "Good Morning America"; Administrative Conference of the U.S., Council of the; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : NATO International Security Assistance Force, acting commander; Afghanistan : President; Afghanistan : President [Michelle Obama]'s visit; Afghanistan : Terrorism; Afghanistan : Terrorism ; Afghanistan : U.S.
In spring 2000, three events-two political statements by Bill Clinton and Tony Blair and a breakthrough announcement by Celera Genomics-had a major impact on biotechnology stocks. We analyze their effects over a comprehensive set of biopharmaceutical companies, using a composite return-generating model with an industry-specific patent-based factor. Our results show that stocks can be clustered according to their responsiveness to political and scientific events. Furthermore, we emphasize different impacts on the market value of intangible assets for each cluster, suggesting that growth options are valued with different criteria for therapeutics, and technology-based subsectors.
Subjects: AARP; ABC News; Afghanistan : Central Intelligence Agency personnel, casualties; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : NATO International Security Assistance Force commander; Afghanistan : President; Afghanistan : Presidential runoff election; Afghanistan : Terrorism; Afghanistan : Terrorist attack at Forward Operating Base Chapman in Khost Province; Afghanistan : U.S. Ambassador; Afghanistan : U.S.
Subjects: AARP; ABC News; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : NATO International Security Assistance Force commander; Afghanistan : President; Afghanistan : Presidential runoff election; Afghanistan : Terrorism; Afghanistan : U.S. Ambassador; Afghanistan : U.S. Drug Enforcement Administration personnel, casualties; Afghanistan : U.S.
Subjects: Afghanistan : Terrorism; Arizona : Governor; Arizona : President's visit; Arizona : Shootings in Tucson; Arms and munitions : Nuclear weapons and material :: Strategic Arms Reduction Treaty (START) with Russia, expansion; California : Disaster assistance; China : Minister of Foreign Affairs; China : President; Civil Rights, U.S.
Subjects: ABC News; ABC News, "World News with [Diane Sawyer]"; Afghanistan : NATO International Security Assistance Force, commander; Afghanistan : President; Afghanistan : President [Obama]'s visit; Afghanistan : Terrorism; Afghanistan : U.S.
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