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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.
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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.
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