Remove 2024 Remove Equity Remove Market Capitalization
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Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

Thus, as you peruse my historical data on implied equity risk premiums or PE ratios for the S&P 500 over time, you may be tempted to compute averages and use them in your investment strategies, or use my industry averages for debt ratios and pricing multiples as the target for every company in the peer group, but you should hold back.

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Investing Politics: Globalization Backlash and Government Disruption!

Musings on Markets

Thus, my estimates of equity risk premiums, updated every month, are not designed to make big statements about markets but more to get inputs I need to value companies. Not only does the world tilt more authoritarian than democratic in 2024, the trend line indicates that the world is becoming less democratic over time.

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Data Update 6 for 2025: From Macro to Micro - The Hurdle Rate Question!

Musings on Markets

The Hurdle Rate - Intuition and Uses You don't need to complete a corporate finance or valuation class to encounter hurdle rates in practice, usually taking the form of costs of equity and capital, but taking a finance class both deepens the acquaintance and ruins it. Corporate Default Risk , i.e,

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Torex Gold to Acquire Prime Mining

Benzinga

per Prime Mining Share based on the closing price of the Torex Shares on the TSX on July 25, 2025 and implies an equity value for Prime Mining of approximately $449 million (US$327 million). g/t) of Inferred material and has an effective date of October 15, 2024. million ounces ("Moz") gold and 54.0 of Torex. g/t and 54.00 g/t and 21.56

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World’s Best Investment Banks 2025: Equities

Global Finance

Following two years of sticky inflation, exorbitant interest rates, and geopolitical tensions, worldwide equity issuance volume surged to $741 billion in 2024. Global inflation eased and major central banks began to cut interest rates: encouraging developments for equity issuers and investors. The US, in particular, touted $366.7

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Anatomy of a Market Crisis: Tariffs, Markets and the Economy!

Musings on Markets

Coming after a few days where the market seemed to have found its bearings (at least partially), it was clear from the initial reactions across the world that the breadth and the magnitude of the tariffs had caught most by surprise, and that a market markdown was coming.

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2024 Aggregate Share-Based Compensation

Harvard Corporate Governance

Posted by Blake Davidson, FW Cook, on Tuesday, October 22, 2024 Editor's Note: Blake Davidson is a Consultant at FW Cook. Fair value transfer is the aggregate grant date fair value of all long-term incentive awards granted during a given year as a percentage of company market capitalization value at grant and as a percent of revenue.