Dynamic linkages between stock prices,accrual earnings and cash flows: a cointegration analysis

This paper investigates the dynamic linkages between stock market prices, accrual earnings and cash flows using Finnish data. We find that stock returns lead accounting returns rather than vice versa. Thus, the thin Finnish stock market appears to produce important information about the future success of Finnish companies for decision making purposes. In addition, the cointegration analysis performed here indicates that the inclusion of the so-called error correction term based on non-stationary price variables significantly improves the observed association between stock market and accounting variables. Thus, in future research, the long-term adjustment between stock market and accounting variables should be analysed more carefully when investigating the causality between accounting earnings and stock markets.     

Simulation of inversion motion and N-H stretching overtone spectra of aniline

A curvilinear internal coordinate Hamiltonian is used to simulate the N-H stretching overtone spectra and the associated inversion splittings in aniline. A simple local mode type model is applied to the N-H stretching and H-N-H bending modes. Geometric algebra is employed to derive the kinetic energy operator for the large amplitude inversion motion. Electronic structure calculations at the Moller-Plesset second order perturbation theory and correlation consistent aug-cc-pVTZ basis set level are used to obtain model parameters, some of which have been optimized with the least-squares method using experimental vibrational term values as data. The observed N-H stretching overtone vibrational levels and the inversional tunneling splittings are well reproduced with our approach.     

Evaluation of Meldola Blue‐Carbon Nanotube‐Sol‐Gel Composite for Electrochemical NADH Sensors and Their Application for Lactate Dehydrogenase‐Based Biosensors

A novel MB‐SWNT‐sol‐gel nanocomposite material was prepared by the sol‐gel process incorporating a redox mediator and carbon nanotubes. The electrocatalytic properties of the nanomaterial based sensor toward NADH oxidation were studied by electrochemical measurements. Significant enhancement of oxidation current is obtained at electrodes modified by MB‐SWNT‐sol‐gel in comparison with the analogous carbon black and/or graphite composite modified electrode. The usefulness of the nanocomposite material as a matrix for immobilizing enzymes is also demonstrated. Analytical parameters of D ‐lactate biosensors with and without SWNT in the hybrid film were compared demonstrating that performance of the biosensor was significantly improved when introducing SWNT.     

Still Elusive – Pd(II)-Mediated Base Pairing by an Acetophenone Oxime Palladacycle within 15N-Labelled Double-Helical Oligonucleotides

Both α and β anomers of an acetophenone C-nucleoside were synthesized and incorporated in the middle of short oligodeoxynucleotides. The ketone oligonucleotides were converted to ¹⁵N-labelled oxime oligonucleotides by treatment with ¹⁵N-hydroxylamine and, finally, cyclopalladated by treatment with lithium tetrachloropalladate. Comparison of the UV melting profiles of duplexes bearing the β anomer of either the palladacyclic or the metal-free oxime C-nucleoside suggested formation of a stable Pd(II)-mediated base pair, especially with adenine or thymine as the base pairing partner. Melting profiles of the corresponding duplexes bearing the α anomer were much more convoluted, precluding meaningful comparison. ¹⁵N NMR spectra were obtained for the β anomeric oxime oligonucleotide as well as its palladacyclic derivative but the signals unfortunately diminished below detection limit when the latter was hybridized with a complementary strand placing a ¹⁵N3-labelled thymine opposite to the palladacyclic residue.     

Highly Tuneable Photochromic Sodalites for Dosimetry,Security Marking and Imaging

Photochromic sodalites are considered for a plethora of possible applications, such as UV indexing and X-ray imaging, but for many of these the materials are yet to be optimized. UV indexing can be improved through incremental adjustment of the activation energy of coloration from 300 to 410 nm through replacement of sulfur with selenium. By combining this and other methods of tuning presented in the literature, the excitation threshold and photochromism color can be tuned independently of one another. The range of possible absorption maxima is expanded to 420–680 nm, or almost the entire visible spectrum. Mixing low-cost and easy-to-synthesize sodalites further broadens the possible range of colors and facilitates development of a unique sodalite mix capable of quantifying the doses of two types of UV radiation simultaneously. Finally, the response to X-rays of these highly tuned sodalites is investigated, and it is found that they can be sensitized to produce clear, high-contrast X-ray images at significantly lower doses of radiation than those required by classic photochromic sodalite, Na₈(AlSiO₄)₆(Cl,S)₂.