Berenberg Capital Markets Equity Research Game plan adidas – Buy (initiation) Puma – Hold (initiation) John Guy Analyst +44 20 3465 2674 john.guy@berenberg.com Bassel Choughari Analyst +44 20 3465 2675 bassel.choughari@berenberg.com Rupert Trotter Specialist Sales +44 20 3207 7815 rupert.trotter@berenberg.com 25 April 2013 Sporting Goods For our disclosures in respect of section 34b of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and our disclaimer please see the end of
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International Journal of Business and Management September‚ 2009 Problems and Prospects of Marketing in Developing Economies: The Nigerian Experience Sunday O. E. Ewah & Alex B. Ekeng Department of Business Administration‚ Cross River University of Technology Ogoja Campus‚ Nigeria Tel: 80-5901-4300 Abstract The study takes a holistic view of some of the problems facing marketing in developing economies‚ such as low marketing education‚ preferences for foreign products and low patronage for non-essential
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Prospect House The story Prospect House‚ written by Frances Childs is a realistic description from the bottom of the social heap. In the story we meet Kim‚ a girl with a bleak background who has an identity crisis. This crisis is presumably caused by the mother she never had‚ and it is the red line in the story; the author clearly illustrates that parent’s plays an important role in their children’s live‚ especially when they are not there. The story takes place outside the city‚ probably near
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Comparative Analysis of How Prospects and Perspectives of Tissue Engineering Have Evolved Over the Years The concept of engineering living beings is not new to us. Tales of mythical creatures and beasts have long been interwoven with our history and form an essential part of many cultures all over the world. However as a science‚ tissue engineering is thought to be quite young. It evolved as a concept and term in the late 1980s. And although some research was undertaken in that field‚ it was only
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ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
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The Capital Market in Bangladesh: an overview on volatility and trends 1.0 Introduction 1. Importance of Study Financial markets are facilitated through the flow of funds in order to finance investments by corporations‚ governments‚ and individuals. Financial Institutions are the key players in financial because they serve as intermediaries that determine the flow of funds. So‚ among them we have to channelize the fund in proper way to give the opportunity for investment in Bangladesh. 2.0
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other commercial purpose without the explicit permission of the Econometric Society. For this purpose‚ contact Claire Sashi‚ General Manager‚ at sashi@econometricsociety.org. Prospect Theory: An Analysis of Decision under Risk by Daniel Kahneman and Amos Tversky Econometrica‚ 47(2)‚ pp. 263-291‚ March 1979 PROSPECT THEORY: AN ANALYSIS OF DECISION UNDER RISK DANIEL KAHNEMAN; AMOS TVERSKY Econometrica (pre-1986); Mar 1979; 47‚ 2; ABI/INFORM Global pg. 263 Reproduced with permission of
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FDI and Economic Growth: Evidence from Nigeria By Adeolu B. Ayanwale Department of Agricultural Economics Obafemi Awolowo University Ole-Ife‚ Nigeria AERC Research Paper 165 African Economic Research Consortium‚ Nairobi April 2007 THIS RESEARCH STUDY was supported by a grant from the African Economic Research Consortium. The findings‚ opinions and recommendations are those of the author‚ however‚ and do not necessarily reflect the views of the Consortium‚ its individual members or the AERC
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In capital market‚ the financial reporting and corporate disclosure are important since
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growth (e.g. Rajan and Zingales). In recent time‚ the link between financial market development and economic growth has received much attention in the literatures (King and Levine 1993‚ Rajan and Zingales 1998‚ Calderon and Liu 2002‚ Sunday E. Ewah and Judey Bassey 2004‚ T.S. Osinubi 2000). This is not unexpected as the financial market provides the needed finance which serves as the lubricant of the economy. The capital market is an integral part of the financial system that provides efficient delivery
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