Saturday, December 31, 2011

DailyMarkets.com - The Week Ahead: US Jobs And EU In Spotlight

DailyMarkets.com - The Week Ahead: US Jobs And EU In Spotlight


The Week Ahead: US Jobs And EU In Spotlight

Posted: 30 Dec 2011 09:00 PM PST

12/31/11 US markets will be closed on Monday, January 2, 2012. The nonfarm payrolls report for December will be released at the end of the week, with consensus forecasts calling for a gain of over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Accrual Anomaly: Why Investors Should Care About Accruals Amp; Earnings Quality

Posted: 30 Dec 2011 07:35 PM PST

One of the most widely studied and persistent stock market inefficiencies ever identified is the quot;accrual anomalyquot;. It was first documented by Richard Sloan of the University of Michigan in 1996 whose ground-breaking paper found that shares in companies with small or negative accrual ratios vastly outperform (+10% annually) those of companies with large ones. 
Sloan was apparently involved with auditing speculative mining companies before going into academia, which may … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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