Michele

Sellout.

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A sellout occurs when a broker sells all the shares of a security that are available to him or her. A sellout may happen when a broker is trying to get rid of a security that he or she thinks is about to go down in value, or when a broker is trying to get … Read more

What Was the Pacific Exchange (PCX)?

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The Pacific Exchange (PCX) was a regional stock exchange in the western United States, headquartered in Los Angeles, California. It was acquired by the New York Stock Exchange in 2006. The Pacific Exchange had two trading floors, one in San Francisco and one in Los Angeles. The exchange traded mostly small- and medium-sized company stocks. … Read more

Normalized Earnings.

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Normalized earnings is a term used to describe a company’s earnings that have been adjusted to remove the effects of one-time or non-recurring items. This gives investors a more accurate picture of a company’s true earnings power. What is normalized FCF? Normalized FCF is a measure of a company’s free cash flow that has been … Read more