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For the record, buybacks are the proper use of excess corporate funds if returns on prospective capital expenditures and/or acquisitions are inferior to the implied return on purchasing one's own shares.
Based on where the stock trades today, whats the implied return on investment?
Where do you stand with the market valuation and implied return at the beginning of 2015?
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But a not-guilty verdict, which implied returning to live in acute poverty among hostile neighbours may have had few attractions, and confession at least allowed the accused to own the power and hatred attributed to them by others.
They anticipated 25% returns, and instead had actual, implied returns of about 32%.
The implied returns, Paglia notes, are not actual returns from VC funds; those profits have been far lower in recent years, according to research outfits like Cambridge Associates.
Any inconsistency, inaccuracy, or missing data implied returning the specific case report form to the coinvestigator for correction within the next week after the Data Coordinating Center review.
Mars Sample Return could be launched in 2011 and would, as the name implies, return Martian rocks to Earth for analysis.
Based on set of hypotheses H1 H5, we expect: h, j > 0 would imply returns to scale; h, j > 1, would entail increasing returns to scale.
I had to add that I am not bearish on stocks, given that making it "only" to 40,000 over the next 13 years would imply returns below the long-term norm.
Chambord, however, refused to accept the throne except on his own terms, which implied a return to the principle of absolute royal authority, unchecked by constitutional limitations.
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