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Value Line, Inc. is a publicly traded investment research and financial publishing firm based in New York City. Founded in 1931 by Arnold Bernhard, Value Line is best known for publishing The Value Line Investment Survey , a stock analysis newsletter that tracks approximately 1,700 publicly traded stocks.
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.
Jean Buttner was the Chairman of the Board, President, CEO, and COO of Value Line, Inc. and Arnold Bernhard & Co., Inc. Buttner had held these positions since 1986. She was forced to step down and relinquish all executive titles with Value Line and its family of mutual funds by the Securities and Exchange Commission on November 4, 2009 as part of a settlement to avoid litigation.
For example, during World War II, a $25 bond could be purchased for $18.75, with the expectation that it would reach full value after 10 years. The bonds accrued interest, though at a lower rate ...
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While the "marriage" didn't last, it was biggest corporate merger in history at the time. 2006: America Online drops its old name to officially become AOL and no longer charges for email services ...
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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]