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Extant empirical literature does not provide abundant evidence for the information content hypothesis regarding firm-level dividend signaling. Although this is consistent with the argument against an optimal firm-level dividend policy, this does not imply an absence of an optimal aggregate dividend level. Aggregate dividends and earnings may exhibit stronger associations if aggregation filters out firm-specific earnings information and indicates macroeconomic trends. Using macroeconomic data, we show that aggregate payout ratios signal aggregate future earnings growth for horizons up to 4 years, and that excess aggregate liquidity plays an important role in this relationship.
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The current research hypothesizes that high school club participation increases future earnings. The data used to test this theory is the National Longitudinal Survey of Youth, 1979 cohort, rounds 1-20 (NLSY79) (Bureau of Labor Statistics 2004), which collected information on individuals from 1979 through 2002. Initially, the survey was conducted on a representative sample of 12,686 persons. These individuals were surveyed annually from 1979 until 1994 and biannually thereafter. The current study employs an OLS (Ordinary Least Squares) regression model to assess the validity of the hypothesized conceptual model of the relationship between club participation and household income. The study shows significant findings that club participation correlates with higher future earnings of Americ...
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An attorney was not entitled to compensatory damages in the form of future earnings in a breach-of-contract lawsuit against her former client, the New Mexico Supreme Court has ruled in reversing judgment.
The attorney represented Allstate in an uninsured motorist dispute with one of the company's insureds.
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LOS ANGELES -- Left Behind Games Inc. (OTC: LFBG) today reported record revenues of $1,136,266 and a net profit of $124,323 for the three months ended...
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HONOLULU -- Hawaiian Electric Industries, Inc. (NYSE: HE) today reported consolidated net income for common stock for the second quarter of 2009 of $1...
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Public higher education produces more than just diplomas - certificates of human capital with a high payoff in the private market. It develops broader capabilities that students deploy as citizens, friends, partners, and parents. It nurtures hope, curiosity, confidence, diligence, and care. The value of this output will never be fully captured by measures of future earnings. Like the value of our ecosystem and our legacy of human knowledge, human capabilities surpass the metric of the market. Their development helps us find what Abraham Lincoln called "the better angels of our nature." ...
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There may be a perception among some forensic economists that the time horizon for future damages in employment discrimination cases is the period the plaintiff would have remained employed with the defendant employer but for the discrimination. While the discrimination acts and interpretive case law concerning damages are nuanced as a result of the rather archaic distinction between equitable and legal remedies, it is clear that the law recognizes that discriminatory acts may injure an individual's earning capacity. Therefore, the law allows for the equitable relief of front pay and the distinct legal remedy of compensatory damages in the form of future lost earnings. While the former contemplates employment with a specific employer (i.e., the defendant), the latter does not.
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Athletic apparel company K-Swiss Inc. widened its net loss for the fourth quarter and the 2010 fiscal year when compared to the same periods from a ye...
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PHILADELPHIA - The choice of undergraduate major in college is strongly tied to a student's future earnings, with the highest- paying majors providing salaries of about 300 percent more than the lowest-paying, according to a study released Tuesday.
Based on first-of-its-kind Census data, the report by Georgetown University in Washington also found that majors are highly segregated by race and gender.
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A 23-year-old Rochester woman, left with a learning disability after being exposed to lead as a child, will receive some compensation for her injuries.
A jury Wednesday awarded Ashley Hicks $221,000 for economic loss from the neurological effects that lead poisoning will have on her capacity for future earnings.