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The system came to be known as the "Value Line Ranking System for Timeliness". [3] With Eisenstadt on board, Bernhard continued to expand the business, adding the other publications and mutual funds along the way. In May 1983, Value Line sold stock for the public for the first time (Nasdaq: VALU), though the Bernhard family retained 80% control.
The daily price change of the Value Line Arithmetic Composite Index is calculated by adding the daily percent change of all the stocks, and then dividing by the total number of stocks. While the Kansas City Board of Trade (KCBT) made use of the indices since 1982, it shifted exchange distribution to NYSE’s Global Index Feed on August 30, 2013.
In December 2006, First Trust launched the First Trust Value Line Dividend Index on the American Stock Exchange which was the first closed-end fund to convert to an ETF. [8] In 2010, Bowen bought First Trust from Van Kampen's family, making him the firm's owner. [2] [3] [4] [9]
Value Line, Inc. Announces a Quarterly Cash Dividend of $0.15 Per Share NEW YORK--(BUSINESS WIRE)-- Value Line, Inc., (NASDAQ: VALU) announced today that its Board of Directors declared on January ...
Value Line, Inc. Announces Second Quarter Earnings NEW YORK--(BUSINESS WIRE)-- Value Line, Inc., (NASDAQ: VALU) reported results for the second fiscal quarter ended October 31, 2012. The Company's ...
The tax efficiency of exchange-traded funds (ETF) derives from their unique structure and trading mechanisms. Unlike mutual funds, the trading of ETFs does not trigger capital gains taxes until ...
Fund governance; Economic history ... Sales tax (including value added tax, excise tax, and use tax) ... Value Line Composite Index; Equity market Stock market ...
Value Line, Inc. Announces Stock Repurchase Program NEW YORK--(BUSINESS WIRE)-- Value Line, Inc., (NASDAQ: VALU) announced today that its Board of Directors approved on September 19, 2012 a new ...