This article seeks to identify the core of the U.S. venture capital contracting model, and then assess the extent to which this model provides guidance in fashioning a venture capital market in other countries. The analysis builds on what should be a non-controversial premise - that the manner in which...
SUNRISE, Fla., June 10 /PRNewswire-FirstCall/ -- Bioheart, Inc. today announced that it has received approval to transfer the listing of its common stock to the Nasdaq Capital Market. The Company's common stock will be transferred from The Nasdaq Global Market to The Nasdaq Capital Market at the opening...
Venture capital is the capital sought from financial institutions in setting up and consolidating a start-up business. Banks play an important role in the U.S. venture capital market. Banks use their venture capital investments to build sustained relationships with their clients for their lending activities. The paper examines the role...
This paper builds on Froot and Stein (1998) in developing a framework for analyzing the risk allocation, capital budgeting, and capital structure decisions facing insurers and reinsurers. The model incorporates three key features: value-maximizing insurers and reinsurers face product market as well as capital market imperfections that give rise to...
The familiar boom-and-bust pattern of the real estate market has been tempered recently by an increased amount of discipline administered by the capital markets, and by the debt markets in particular. Additionally, due to the emergence of the public REIT and CMBS markets in the 1990s, and the accompanying proliferation...
HERZLIYA, Israel -- VocalTec Communications Ltd. (Nasdaq Capital Market: VOCLD) ("VocalTec"), a telecom equipment provider offering carrier class packet voice solutions, today announced that on November 28, 2005 it was informed by The Nasdaq Capital Market that VocalTec complied with all initial listing requirements of the Nasdaq Capital Market following...
TAMPA, Fla. -- Accentia Biopharmaceuticals, Inc. (NASDAQ:ABPI) announced today that the Company received approval from the NASDAQ Stock Market for the transfer of the listing of its common stock from the NASDAQ Global Market to the NASDAQ Capital Market. The Company's common stock will be transferred to the NASDAQ Capital...
Canada's venture capital industry broke records in 2000 but faced new challenges in 2001. On the surface, it appears to be a good thing that Canadian firms are able to attract foreign-based venture capital investments to support their growth. It would be troubling, if this led to an increase in...
This article examines the reason why a very few life insurers are interested in acquisitions. It informs that the market for life insurers seems to have shifted from a seller's market to a buyer's market. It notes that down stock market of the last few years has certainly reduced the...
This white paper reviews briefly the arguments for capital market liberalization, and identifies their theoretical and empirical weaknesses. This provides the foundations for the argument for intervention in short-term capital flows. The paper further concludes with a brief discussion of the various ways in which such interventions may be implemented.
NEEDHAM, Mass. -- AVANT Immunotherapeutics, Inc. (Nasdaq: AVAN) announced today that on August 29, 2007 it received a letter from The NASDAQ Stock Market stating that AVANT was approved to list its common stock on The NASDAQ Capital Market. AVANT's common stock will be transferred to The NASDAQ Capital Market...
HATTIESBURG, Miss. -- The First Bancshares, Inc. (OTCBB:FBMS) today announced that its common stock has been approved for listing on the NASDAQ Capital Market. The First Bancshares, Inc. will commence trading on the NASDAQ Capital Market under the same symbol "FBMS," effective at market opening on May 26, 2006.
This paper investigates the design of an exchange rate policy for an economy where the domestic capital market is segmented from the global financial market, producers rely on credit to finance working capital needs, and the labor market is characterized by nominal contracts. We show that the choice of an...
The venture capital market in the U.S. is known for its vibrancy and success in fueling the economy. This calls for a good understanding of the various factors that affect its market. The purpose of this paper is to identify and ascertain the effects of the various exogenous variables that...
MCLEAN, Va. -- PRIMUS Telecommunications Group, Incorporated (NASDAQ:PRTL), an integrated communications services provider, today announced that its application to transfer its listing to the Nasdaq Capital Market has been approved by The Nasdaq Stock Market. Effective at the open of business on March 14, 2006, the Company's Common Stock will...
The aim of this paper is to improve the characterization of a capital market within the CAPM without losing its simplicity and explanatory power. To highlight the peculiarities of the model, the main steps in the development of the standard CAPM are briefly reviewed. The standard CAPM is extended so...
SUNRISE, Fla. -- NationsHealth, Inc. (Nasdaq: NHRX; NHRXW; NHRXU) today announced that The NASDAQ Stock Market, Inc. has approved the Company's application to transfer the listing of its securities from The NASDAQ National Market to The NASDAQ Capital Market. The Company anticipates that its common stock, warrants and units will...
LOS ANGELES -- EMAK Worldwide, Inc. (Nasdaq:EMAK), a leading marketing services firm, today announced that the Nasdaq Stock Market has approved its application to transfer the listing of its common stock to the Nasdaq Capital Market. EMAK's common stock is expected to begin trading on the Nasdaq Capital Market, and...
This section discusses the calculation of the total minimum capital requirements for credit, market and operational risk. The minimum capital requirements are composed of three fundamental elements: a definition of regulatory capital, risk weighted assets and the minimum ratio of capital to risk weighted assets. In calculating the capital ratio,...
COMMERCE, Calif. -- Blue Holdings, Inc. (OTCBB:BLHL), a designer, manufacturer and distributor of high-end fashion jeans and denim apparel, today announced that its common stock has been approved for listing on the NASDAQ Capital Market. Blue Holdings, Inc. will commence trading on the NASDAQ Capital Market under the new ticker...