Reporte financiero Burkenroad / Latinoamérica – Colombia Avianca Holdings S.A.

La recomendación de compra expuesta y el valor estimado de la acción para los próximos 12 meses se sustentan en los siguientes aspectos -- El crecimiento esperado en los próximos años en el transporte de pasajeros en la región donde principalmente opera Avianca Holdings (Latinoamérica), las inversiones de capital proyectadas por la empresa en materia de flota y eficiencia, la capacidad demostrada para mantener sostenidamente altos índices de ocupación, el posicionamiento de la marca y las estrategias concebidas al interior para reducir costos y gastos -- No obstante, a pesar de los logros obtenidos por la empresa en temas como la distribución de los ingresos y la estabilidad en los índices de ocupación, tras evaluar los resultados del análisis de sensibilidad al que se sometió la valoración realizada, debe aclararse que el alto grado de incertidumbre que caracteriza algunas de las variables determinantes de los resultados de la empresa, como el precio de los combustibles fósiles y la tasa de cambio, hacen que el valor de la acción pueda diferir de lo aquí estimado con un nivel de probabilidad considerable -- Esto hace que la recomendación de compra se adapte mejor a un perfil arriesgado de inversión

Broadening conceptions of curriculum for young people: Reports from three student-teachers on exchange

Research reports prepared by three Australian preservice teachers--Paula Shaw, Chris Sharp and Scott McDonald--undertaking their teacher education practicum in Canada, form the basis of this paper. The reports provide critical insights into three aspects of education for young people in both Canada and Australia. They also provide critical insight into the ways in which a practicum research project, along with the opportunities afforded through an international experience, enabled the preservice teachers to broaden their understanding of the curriculum for young people, of issues relevant to the diverse needs of young people, and of themselves and their priorities as teachers. The preservice teachers investigated three topics: attempts to reduce homophobia in schools; the presence or absence of Aboriginal content in the school curricula in British Columbia and Queensland; and "schools-within-schools" as a means to meet the needs of diverse student populations. Linda Farr Darling from the University of British Columbia provides a response to the three reports.

The impact of sizeof the firm and exchange rate in the export propensity of domestic and foreign owned firms in a developing country: A study of the Brazilian exporters

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Management from the NOVA – School of Business and Economics

Local Currency Pricing, Foreign Monetary Shocks and Exchange Rate Policy

The implications of local currency pricing (LCP) for monetary regime choice are analysed for a country facing foreign monetary shocks. In this analysis expenditure switching is potentially welfare reducing. This contrasts with the existing LCP literature, which focuses on productivity shocks and thus analyses a world where expenditure switching is welfare enhancing. This paper shows that, when home and foreign producers follow LCP, expenditure switching is absent and a floating rate is preferred by the home country. But when only home producers follow LCP, expenditure switching is present and a fixed rate can be welfare enhancing for the home country.

Literature in the foreign language syllabus : engaging the student through active learning. 'El rol de la literatura en la enseñanza de la lengua extranjera : la implicación del estudiante en el aula a través del aprendizaje activo'.

Resumen en español. Resumen tomado de la publicación

Neutralizing the tendency to the overvaluation of the exchange rate or assuming a foreign constraint and asking for foreign savings

The objectives of these notes are two. The first objective is to analyze whether the strategy of growth with absorption of foreign savings leads to a trajectory of the economy that is sustainable in the long run. The second one is to evaluate the possibility of success of a policy of administered devaluation of the exchange rate in Brazil.

A study of mutual funds : prepared for the Securities and Exchange Commission. Report of the Committee on Interstate and Foreign Commerce, pursuant to section 136 of the Legislative reorganization act of 1946, Public law 601, 79th Congress, and House Resolution 108, 87th Congress.

Mode of access: Internet.

Foreign gold and exchange reserves; current trends.

Mode of access: Internet.

American and foreign stock exchange practice, stock and bond trading, and the business corporation laws of all nations, together with local regulations, laws, fees and taxes affecting American firms and corporations carrying on business in any other states of the U.S.A., or establishing branches or agencies in foreign countries.

"This book is no. B. 105."

Letters on the currency : addressed to Charles Wood, Esq. M.P. (Chairman of the Committee of the House of Commons, now sitting,) ascertaining for the first time, on true principles, the amount of inland and foreign bills of exchange, in circulation for several consecutive years, and out at one time : also, defending country bankers from the charge made against them in the work of S. Jones Loyd, Esq. : and giving unanswerable reasons why the notes of a bank of issue should not be substituted for the circulation of country bankers /

Goldsmiths'-Kress no. 31555.