Facebook WhatsApp Seth Rollins Pinterest Erick Rowan Adam Martin RELATED ARTICLESMORE FROM AUTHOR Videos Articles WWE announces Elias will withdraw from the King of the Ring tournament due to injury John Cena Cesaro Hopeful WWE Will Reunite The Bar Videos Articles Google+ Videos Articles Now Playing Up Next WWE star Sheamus is currently suffering from tendonitis in his arm per multiple wrestling media reports on Thursday. The former WWE World Heavyweight Champion posted a photo to his official Twitter account revealing a cast on his left arm.WWE has not officially commented on the injury as of Thursday evening. Sheamus is expected to be held out of the ring to allow time to properly heal. WWE is not advertising Sheamus for any upcoming live events this weekend.Source: The Wrestling Observer/Figure Four Online, PWInsider.com, @WWESheamusRecommended videosPowered by AnyClipCesaro Hopeful WWE Will Reunite The BarVideo Player is loading.Play VideoPauseUnmuteDuration 0:59/Current Time 0:04Loaded: 100.00%0:05Remaining Time -0:55 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Seth Rollins Defends WWE On Two Separate Occasions Fenix suffers leg injury at independent show, AEW All Out Ladder Match may be in jeopardy Ronda Rousey Highlighting WWEs Problems Now Playing Up Next Now Playing Up Next Now Playing Up Next Twitter Roman Reigns is in Remission Ronda Rousey On WWE: I Love This Job, But I Dont Need It Impact World Champion Brian Cage undergoing stem cell treatment for injured back Now Playing Up Next
AQR said the returns from corporate bonds were driven by changes in the risk-free rate and the spread over the risk-free rate.To isolate the component of returns attributed to credit risk one must remove the effect of interest rates by subtracting the returns of a risk-free instrument from a corporate bond return, while matching duration.AQR said previous research isolating credit risk-premium assumed matching duration, but risk-free bonds were generally longer and carried more term premium thus have a higher risk-adjusted retrun than shorter bonds. (see diagram)Scott Richardson, managing director at AQR, said the average duration was around seven years for a corporate bond but 12 for risk-free sovereign bonds.This meant estimates of the credit-risk premia were underestimated.”If you are subtracting the longer-dated government bond, you are subtracting too much of a return from the corporate bond return. And that simple difference pushes down the estimate of the excess credit return,” he said.“People have effectively over-hedged the corporate bond return; the consequence being that given a positive term premium you are pushing down the estimate of the credit risk premium.” The credit risk-premium generally identified in corporate bonds has been underestimated with research definitively showing its existence and that it acts as diversifier in equity and sovereign bond portfolios.A time-series analysis research paper from AQR Capital Management showed the excess return of corporate bonds over sovereign bonds had been wrongly accounted for, meaning the risk premium associated with credit risk was not correctly identified.The paper ’Credit Risk Premium: Its Existence and Implications for Asset Allocation’ also said credit risk premium does exist and would diversify a 60/40 equity and sovereign bond portfolio over the long term.The research, carried out by Attakrit Asvanunt and Scott Richardson from AQR using data from 1926 to 2014, showed term-risk was wrongly identified as equal in previous studies meaning the actual return allocated to credit risk was underestimated. Source: AQR Capital ManagementGraphic to show over-estimation of credit risk-premiaThe paper also found the average monthly credit-risk return was 21 basis points using data from August 1988 to December 2014.However, the pair also looked at whether exposure to credit risk was beneficial in a portfolio sense, or if the premia was equity risk-premia in disguise.It tested three portfolios, over different time sets, with different weightings to risk-free government bonds, equities and corporate bondsA long-only portfolio between 1988 and 2014 weighted 73%, 15% and 12% respectively gave an optimal risk and return profile, while on a longer 1936 to 2014 scale the weightings was 35%, 17% and 48%.Collectively, the results showed there was a risk-premia to be had from exposure to credit risk which is sufficiently different to equity risk-premia, the paper said.However, Richardson stressed these were tactical allocation considerations, as different periods of time and economic cycles would yield different results.He said the finding the existence of credit risk-premia was obvious, but finding the existence of positive risk-adjusted returns for credit was unique.“You can only uncover the result with careful attention to measurement.”Earlier this year, AQR teamed up with the London Business School to jointly launched the AQR Institute of Asset Management, forming a 10-year collaboration to fund and generate research across a range of disciplines.This article, originally published on 13 April, has been updated to correct a misunderstanding by the author,WebsitesWe are not responsible for the content of external sitesCredit Risk Premium: Its Existence and Implications for Asset Allocation #*#*Show Fullscreen*#*#
Phones Security Apple Apple See All Share your voice Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors Aug 31 • Your phone screen is gross. Here’s how to clean it Tags reading • Lawmakers have questions for Apple about FaceTime eavesdropping bug Aug 31 • Best places to sell your used electronics in 2019 Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Post a comment 0 Congressional lawmakers want answers about FaceTime’s eavesdropping bug. César Salza / CNET Congressional lawmakers sent a letter Tuesday to Apple CEO Tim Cook asking for more information about a FaceTime bug that allowed users to eavesdrop on each other.The letter — penned by Rep. Frank Pallone Jr. (D-N.J.), chairman of the House Energy and Commerce Committee, and Rep. Jan Schakowsky (D-Ill.), chairwoman of the Consumer Protection and Commerce Subcommittee — said they’re “deeply troubled” by reports that the vulnerability could inadvertently or intentionally turn any Apple device into a listening device.”We are writing to better understand when Apple first learned of this security flaw, the extent to which the flaw has compromised consumers’ privacy, and whether there are other undisclosed bugs that currently exist and have not been addressed,” the letter said (PDF).The bug, revealed in late January, is a black eye for a company that prides itself on its efforts to protect its users’ information. Cook has advocated for more privacy regulation and taken subtle shots at companies that use people’s data to create personalized ads.The vulnerability allowed FaceTime users to call another device and hear audio on the other end before the recipient answered the call and without the other user’s knowledge. Apple said Friday it’d fixed the vulnerability on its servers and that it would issue a software update to re-enable Group FaceTime sometime this week.”As a first step, we believe it is important for Apple to be transparent about its investigation into the Group FaceTime vulnerability and the steps it is taking to protect consumers’ privacy,” Pallone and Schakowsky wrote. “To date, we do not believe Apple has been as transparent as this serious issue requires.” The letter requests specific information about when the company first learned of the vulnerability and a timeline for Apple’s response, including why it took so long to address the bug once it was identified. They also have questions about testing procedures and what the company is doing for those consumers who may have been affected by the bug. Apple didn’t immediately respond to a request for comment.Privacy fight: Apple restores Facebook’s permission to run internal appsThe return of the iPhone SE: The phone’s available in the box, not as a refurb. •
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Axel Springer SE and Microsoft Corp European politicians have called on the EU to sanction Google or even break it up while US critics claim regulators are targeting successful American firms “I expect the Commission now to swiftly conclude the other two ongoing investigations against Google” Markus Ferber a member of the European Parliament from Germany “Unfortunately the Google case also illustrates that competition cases tend to drag on for far too long before they are eventually resolved In a fast-moving digital economy this means often enough that market abuse actually pays off and the abuser succeeds in eliminating the competition” Tuesday’s fines could just be the first in a series of EU antitrust penalties for Google which is fighting on at least two other fronts including its Android mobile-phone software and the AdSense online advertising service Google has been pushing its own comparison shopping service since 2008 systematically giving it prominent placement when people search for an item the EU said Rival comparison sites usually only appear on page four of search results effectively denying them a massive audience as the first page attracts 95 percent of all clicks “As a result of Google’s illegal practices traffic to Google’s comparison-shopping service increased significantly whilst rivals have suffered very substantial losses of traffic on a lasting basis” the EU said citing figures of a 45 percent increase in traffic for Google’s service Tuesday’s fines could just be the first in a series of EU antitrust penalties for Google which is fighting on at least two other fronts including its Android mobile-phone software and the AdSense online advertising service The decision follows Russia’s $78 million antitrust fine and penalties from Italian German and French privacy authorities Europe has proved a tough jurisdiction for Google which fell foul of the region’s top court losing a high-profile right-to-be-forgotten case three years ago “Vestager is proving she means business” said Thomas Vinje a lawyer who represents FairSearch a group of companies that complained to the EU “This decision will mean that consumers receive comparison-shopping results that offer genuinely the best purchasing options” While the penalty is a record it will do little to faze a company whose parent has more than $90 billion in cash Of graver concern is the way regulators called on Google to change the way it handles online shopping searches one of its biggest sources of sales growth and strongest weapons against rivals Facebook Inc and Amazoncom Inc The EU says that Google doesn’t subject its own service to its algorithm which ranks search results on quality and relevance to the user The EU’s allegations strike at the heart of a type of online advertising known as Product Listing Ads or PLAs that is growing at almost three times the rate of traditional text-based search ads according to digital marketing firm Merkle Inc The format lets a marketer place an ad for an item with large images and price information in the prime digital real estate at the top of search results Vestager doesn’t fear big numbers She has ordered Apple Inc to repay some 13 billion euros in tax advantages and hit truck makers with a record cartel fine of nearly 3 billion euros The Google fine tops a 106 billion euro penalty eight years ago for Intel Corp. download shlf1314n Express App ?Written by Agencies | London | Published: March 31 we have curated a few items with gorgeous customised maps of beautiful places around the world,’ He misses her terribly and has told friends he won’t stop until he’s won her over, In other word he considered my scientific results based on SPH method and then recommended to publish a scientific paper Therefore in order to observe honesty behavior (especially as he cooperated with me in SPH method) I add his name as an author 3- About the insertion of Dr Daneshjou’s name as a first author I should tell that it was impolite to insert my supervisor’s name as a second author About Corresponding Author I should tell that all the students as well as me use Dr Daneshjou’s Email in order to submit and revise our papers In other word it was me who sent email to the journals editorial boards via Dr Daneshjou’s E-mail 4) I should clearly noted that: I (Majid Shahravi) accept(s) all authorities corresponded to this paper Because Dr Daneshjou did not participate during of editing and writing of this paper As expressed in case 2 he only confirmed the advantages of SPH method comparing with Lagrangian one 5) Some told the other papers I have presented have some similarities with the one I talked about It should be noted that the similarities are predictable as all the papers are published in result of PhD thesis 6) In this section I want to discuss some discrepancies between the results done by this paper and those corresponded to Korean authors: All the scientific expression followed is in my authority as I write the paper and I am who reply to all enquiries: A) Of course I have used some text from Abstract and Introduction section of Korean authors because it is common to use Abstract and Introduction in problem specifications There are a lot of similarities between these two papers in Abstract and Introduction However it does not matter as it is conventional in papers in order to pose the main question B) About the SPH method and its advantages comparing with Lagrangian one I should tell that no matter even only one word about SPH method has not presented in Korean paper However the main weight of my paper is devoted to SPH method and I have concluded that this method leads to the more precise results comparing with the results of Lagrangian method This is due to the fact that the Lagrangian method use the Erosion principal that can not be satisfied be mass conservation law This shortcoming is cancelled in SPH method as it consider The work done by Korean author in 2002 uses the Lagrangian method with other software and he conclude that Lagrangian method is more precise than analytical methods I do not know which results are similar to Korean author In my view the main topic of my paper about the SPH method confirms the originality of the paper The new results presented in Figs 141516 and 17 is another confirmation to the originality of the paper C) There are some other discrepancies even in Lagrangian method between the Korean results and my results: Firstly the types of mesh generation are different? loss of physical function, he said: “Chashme Shahi (is like) a spring of freshness and lightness,mental tasks, he said. ” Tom Elvidge.
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spectacular Dhobi Ghat at Mahalaxmi, internationally-acclaimed artist L N Tallur has traversed around the globe to showcase his talent. an indicator of consumer interest, he says they must be accepting of people’s inquisitiveness to know more about them or about the community at large. crowd-sourced mapping service.