IMCLONE - IMCL
Publicly-traded biotechnology firm that markets products in oncology. In 2002, IMCL made international headlines following the firm’s founder and CEO Sam Waksal was incriminated for insider trading. Briefly after Waksal’s indictment, domestic diva Martha Stewart was also charged of insider trading. Stewart obtained the details from Waksal and her own broker, stating Waksal tried to discard $5 million worth of his shares in the firm on insider information. Stewart traded her shares on data Wasakal attempted to sell his.
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Minority Interest
Significant but does not control ownership of lower than 50% of the firm’s voting shares, either by an investor or another company.
Total Debt to Total Assets
Leverage ratio measuring the total amount of debt relative to assets. A higher ratio signals higher leverage degree and financial risk. The broad r ...
Contributed Surplus
Amount of money a company generates from sources outside corporate earnings including sale of new shares higher than its par value. It helps both i ...
Level-Premium Insurance
A term life insurance policy in which the premium remains the same throughout the duration of the contract. The premium an individual paid for leve ...
Static Budget
Static Budget is kind of budget that is composed of anticipated values of inputs and outputs prior to the period of operation. More often than not, ...
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