The documentation representing a shareholder's decision when a company's ownership group votes on corporate issues. Ballots are usually dispersed at annual meetings, when shareholders vote in the board of directors. Taobiz explains Ballot In most situations, the ballot is a simple piece of paper outlining the possible choices for a corporate issue. When attending an annual meeting, shareholders will be required to fill out the ballot to register their votes. If someone is unable to vote in person, electronic or phone ballots may be supplied.
The dominant Chinese internet search engine company. Baidu offers many of the same products and services as Google, but is primarily focused on China, where it controls the majority of the search market. Baidu censors search results and other content in accordance with Chinese regulations. Baidu is registered in the Cayman Islands and is listed on the Nasdaq under ticker symbol BIDU. Taobiz explains Baidu Baidu offers a wide array of products, including maps, news, video, encyclopedia, anti-virus, and internet TV. Baidu generates revenue with an ad revenue system very similar to Google’s. Advertisers bid on the keywords that will trigger the display of their ads. Advertisers can also pay for priority placement in search results. Baidu competes with Google Hong Kong, Yahoo! China, Microsoft Bing and many other regional players.
A slang term that represents a stock or other security that is approaching $0 in price. Arriving in bagel land is usually the result of one or more major business problems that may not be resolvable. This term is typically used to describe an asset that has fallen from grace as opposed to a penny stock or other historically cheap security. Taobiz explains Bagel Land If a stock or other asset is headed toward bagel land or is approaching $0 (resembling the hole in the middle of a bagel), investors generally feel that the security is nearly worthless. In such cases, a company may be nearing bankruptcy or facing major solvency issues. While returning from bagel land is possible, the likelihood that equity investors will lose their entire stakes in the company becomes very high.
The negative effect felt by a company when shareholders and the investment community find out that is has done something that is not in accordance with good business practices. Although typically not expressed in a dollar amount, badwill can play out in the form of decreased revenue, loss of clients or suppliers, loss of market share and federal indictments for any crimes committed. Taobiz explains Badwill There are several cases in which badwill caused a severe downturn in company stock, such as Tyco, Adelphia, Martha Stewart, Enron and Worldcom. In each new bull market, we are likely to see the same offenses committed by new people. This phenomenon has caused a rise in "socially conscious" investing, where companies promoting badwill are excluded as a matter of policy.
The act of a market maker failing to honor a posted bid or ask even though the price and quantity are valid. Taobiz explains Backing Away The NASD does not condone the act of backing away from transactions and will take disciplinary action if certain regulations are broken. For example, if a market maker backs away from transactions near the end of a trading day, he or she is violating NASD regulations.
Slang that refers to the purchase of a large position in a stock or other financial asset by an investor or trader. Typically, when someone is willing to back up the truck on a financial asset, this implies that they're extremely bullish on that asset's performance. Taobiz explains Back Up The Truck For example, if an analyst recommends that it is time to start backing up the truck on XYZ stock, this means that he or she is extremely confident and upbeat about how well XYZ stock will be doing in the foreseeable future. The term refers to the imagery derived from a truck backing up to a warehouse or some other commercial building to load up goods.
Slang for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. Taobiz explains Barefoot Pilgrim Being labeled a barefoot pilgrim is far from enviable. It is usually the result of taking on more risk than necessary or entering investments carelessly, without doing the proper research.
One of Spain's four major securities exchanges. Established in 1915 during the industrial boom and coinciding with the emergence of the region's first corporations, the Barcelona Stock Exchange (in Spanish, the Bolsa de Barcelona) trades warrants, ETFs, public debt, Latin American stocks and more, using both computer-assisted trading and open-outcry floor trading. Taobiz explains Barcelona Stock Exchange (BAR) .BC The Barcelona Stock Exchange is a member of Bolsas y Mercados Españoles, an organization designed to streamline Spain's four major securities exchanges (Madrid, Valencia, Barcelona and Bilbao). BAR's official index is the BCN-100 Index, a trade-weighted index consisting of the exchange's 100 most-traded companies. It also has several other indexes, including the BCN PER-30, BCN ROE-30, BCN MID-50 and BCN INDEXCAT.