U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

Computerized system and method for creating a buyback stock investment report

Patent 6035286 Issued on March 7, 2000. Estimated Expiration Date: Icon_subject February 26, 2018. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

Securities brokerage-cash management system
Patent #: 4376978
Issued on: 03/15/1983
Inventor: Musmanno

System for the operation of a financial account
Patent #: 4953085
Issued on: 08/28/1990
Inventor: Atkins

Stock and cash portfolio development system
Patent #: 5132899
Issued on: 07/21/1992
Inventor: Fox

Predictive neural network means and method for selecting a portfolio of securities wherein each network has been trained using data relating to a corresponding security
Patent #: 5761442
Issued on: 06/02/1998
Inventor: Barr, et al.

Open end mutual fund securitization process Patent #: 5806048
Issued on: 09/08/1998
Inventor: Kiron, et al.

Inventor

Application

No. 030854 filed on 02/26/1998

Examiners

Primary: Trammell, James P.
Assistant: Retta, Yehdega

Attorney, Agent or Firm

International Class

G06F 017/60

Abstract

A computer implemented method for creating an investment report. A database of stock information is screened based upon buyback ratio and prices/sales ratio selection criteria. The buyback ratio represents the percentage of stocks repurchased by a company during a given period that resulted in a net decrease in outstanding shares. The method and system use the criteria to identify companies with a highest buyback ratio and with the lowest price/sale ratio. The resulting list of stocks are ranked and output in an investment report that provides superior return over conventional investment techniques.

Other References

  • Corporate Stock Buyback Are Soaring Exchange Seeks To Make Put' Options Part of the Strategy, Treasury Manager's Report, vol: 4 Issue: 4, Feb. 16, 1996
  • Acquisitions May Make More Sense That Share Buybacks In Current Market, Analysts Say, Petroleum Finance Week, vol: 6 Issue: 7, Feb. 16, 1998
  • Hedging tools provide portfolio security blanket, Koflowitz, L. Wall Street Computer Review vol: 6 Issue: 6, pp. 42-43, 45-46, 50, 80-81, Mar. 1, 1989
  • Psst . . . want a hot stock tip? Bet insiders' info on the Web, Mark Roberti, HomePC Issue: p. 174, Oct. 1, 1996
  • Targeted repurchases and common stock returns , Mikkelson, W.H.; Ruback, R.S., Rand Journal of Economics vol: 22 Issue: 4, pp. 544-561, Dec. 1, 1991
  • Nations Funds Offers Two New Managed Index Funds; Combining Active and Passive Portfolio Management, Business Editors, Business Wire, Oct. 1997
  • How to Find a Stock That' Headed for Trouble, Business Week; New York; Dec. 30, 1996, Weiss, Gray
  • Stock Buyback Programs--Stocks, Michael Griffs, http://stocks.miningco.com/library/week . . . TMog=56669803893354&Mint=56669803893354, Apr. 6, 1998
  • "The New Issue Puzzle," Tim Loughran and Jay R. Ritter, The Journal of Finance, vol. 1, No. 1, Mar. 1995, pp. 23-51
  • "Market Underreaction to Open Market Share Repurchase," Working Paper No. 106, Feb. 1995, David Ikenberry, Josef Lakonishok, and Theo Vermaelen
  • "What Works on Wall Street, A Guide to the Best-Performing Investment Strategies of All Time," James P. O'Shaughnessy, pp. 105-122
  • "Commentary: Buybacks Make News, But Do They Make Sense?", Nanette Byrnes, Business Week, Aug. 12, 1996, pp. 1-2
  • "Stock Buybacks Aren't Always Good Sign for Investors," Wall Street Journal, Jul. 3, 1997 Suzanne McGee and Greg Ip
  • "The Big Three's Dilemma," Alex Taylor III, Fortune, Mar. 16, 1998
  • "The Hidden Meanings of Stock Buybacks," Ray Bartkus, Fortune, Sep. 8, 1997
  • Equity Portfolio Investment Computing (EPIC), Ford Investment Services, Inc. 199
PatentsPlus Images
Enhanced PDF formats
loading...
PatentsPlus: add to cart
PatentsPlus: add to cartSearch-enhanced full patent PDF image
$9.95more info
PatentsPlus: add to cart
PatentsPlus: add to cartIntelligent turbocharged patent PDFs with marked up images
$18.95more info
 
Sign InRegister
Username  
Password   
forgot password?