They are the result of the underlying philosophy of shareholder value, rather than the true purpose of every firm: create value for customers.

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As with most marketable currencies, equity in a biotech can suffer from deviations from this underlying data-supported value, which can result in over-pricing of assets that lack the intrinsic quality or robustness.

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As a result, all too often stocks move for reasons other than the underlying cash flows of the company.

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Moreover, as a result of the solid performance, Nokia expects its devices division to regain underlying profitability in Q4 2012.

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They found what they consider a flaw in the underlying formula: Pearson combined results from the two tests and used a theoretical shortcut to produce a final result.

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Our relationship with EPEAT has become stronger as a result of this experience, and we look forward to working with EPEAT as their rating system and the underlying IEEE 1680.1 standard evolve.

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