THE ASSOCIATION BETWEEN A firm's financial structure and its operating char-acteristics-its
industrial classification and its size, among others-took on added importance as a result of …

… Angel and Ferri gratefully acknowledge financial support from the Nasdaq Educational
Foundation and especially thank Laura Levine of the NEF. We also appreciate the comments and …

This paper studies short-selling prior to the release of analyst downgrades in a sample of 670
downgrades of Nasdaq stocks between 2000 and 2001. We find abnormal levels of short-…

This paper examines the trading volume of a sample of high-yield corporate bonds reported
on Nasdaq's Fixed Income Pricing System (FIPS). This analysis of volume allows us to better …

We examine the frequency of short selling in stocks listed in the Nasdaq market. Using
previously unavailable transaction data, we can report several findings: (1) overall, 1 of every 42 …

We use data from Nasdaq's FIPS system for reporting transactions in selected high-yield
corporate bonds to investigate the relationship between the returns on a firm's stock and the …

The overreaction theory proposes that investors often respond to new information with an
excessive price change, which they later correct by an opposite movement in the market value. …

The elastic behaviour of MgAl x Fe 2−x O 4 (x=0.0, 0.2, 0.4, 0.6, 0.8 and 1.0) has been studied
by infrared spectroscopy and X-ray diffraction analysis. The force constants for tetrahedral …

Recent research shows that unsuccessful tender offers may affect target share returns for
two years past the offer's announcement. This note examines target returns in the interim …

… JJ Angel and MG Ferri gratefully acknowledge financial support from the Nasdaq
Educational Foundation. We greatly appreciate the assistance of members of Nasdaq's Office of …