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Recent findings have heightened the debate about the usefulness of public information in asset markets. Using daily composite and sector index returns, this paper examines the role of public information arrival in an emerging, high-inflation economy like Turkey. The findings reveal that real GDP and industrial production announcements have the most important impact on stock returns. Regarding inflation, nominal stock returns increase in response to unfavorable inflation announcements, but only for the financials sector and partially. Market volatility is more sensitive to news about real GNP, balance of trade, tourism and construction. Implications of the findings for market participants are discussed (JEL E6, F3, G2).
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The Federal Communications Commission has received Office of Management and Budget (OMB) approval for the following public information collection(s) pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520). An agency may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number, and no person is required to respond to a collection of information unless it displays a currently valid OMB control number.
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Since this is a targeted request, however, the appropriate response is to refuse to confirm or deny whether such records exist, rather than just redact the identifying information from the records as in the case of PFC Ordinary. [...] since 9/11, DoD personnel have a heightened privacy interest in the personal information contained in agency records, and due consideration must be given to the protection of that personal privacy.
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The Federal Communications Commission has received Office of Management and Budget (OMB) approval for the following public information collection(s) pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520). The FCC may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number, and no person is required to respond to a collection of information unless it displays a currently valid OMB control number.
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Less than a month before The Daily Record's Maryland Public Information Act request for documents related to the then- confidential Yakov Shapiro settlement was denied, the lawyer representing the Baltimore Police Department in the case explained to the attorney for the mistakenly arrested violin teacher that any eventual settlement would be subject to the MPIA.
Additionally, because we are public agencies, we MUST comply with MPIA requests, subpoena requests, and legislative public inquiries about the settlement," Neal M. Janey Jr., deputy chief legal counsel for the police department, wrote to Steven Kupferberg in a Feb. 24, 2010, e-mail.
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