• Founded in 1931 as Arnold Bernhard & Company, Inc.
• Acting Chairman and CEO: Howard Brecher
• Stock traded on NASDAQ: Symbol: VALU
• Address: 220 East 42nd Street, New York, NY 10017
• Telephone: 1.212.907.1500
• www.valueline.com
CORPORATE STRUCTURE
Item 1. BUSINESS.
Value Line, Inc. (the "Company"), a New York corporation, was organized in 1982 and is the successor to substantially all of the operations of Arnold Bernhard & Company, Inc. ("AB&Co."). As of June 30, 2009, AB & Co. owned approximately 86.5% of the Company's issued and outstanding common stock.
The Company's primary businesses are producing investment related periodical publications through its wholly-owned subsidiary, Value Line Publishing, Inc. ("VLP"), and providing investment advisory services to mutual funds, institutions and individual accounts, through its asset management subsidary. VLP publishes in both print and electronic formats The Value Line Investment Survey®, one of the nation's major periodical investment services, as well as The Value Line Investment Survey - Small and Mid-Cap Edition, The Value Line 600, Value Line Select, The Value Line Fund Advisor, The Value Line Special Situations Service, The Value Line Daily Options Survey and The Value Line Convertibles Survey. VLP also provides current and historical financial databases which include DataFile, Estimates & Projections, Convertibles, ETFs and Mutual Funds in standard computer formats. The Company also markets investment analysis software which includes The Value Line Investment Analyzer and Value Line Mutual Fund Survey for Windows®. The Company's print and electronic services are marketed from time to time through media, direct mail and the internet to retail and institutional investors.
The Company's wholly-owned subsidary, EULAV Asset Management, LLC ("EULAV") is the investment adviser for the Value Line Family of Mutual Funds (Value Line Funds), which on June 30, 2009 included 14 open-end investment companies with various investment objectives. In addition, EULAV manages investments for private and institutional clients. EULAV is registered with the Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940.
In addition to Value Line Publishing, the Company's other wholly-owned subsidiaries include EULAV Securities, Inc., Vanderbilt Advertising Agency, Inc., Compupower Corporation and Value Line Distribution Center (VLDC). EULAV Securities, Inc. is a registered broker-dealer and distributor to the Value Line Funds. Vanderbilt Advertising Agency, Inc. places advertising on behalf of the Company and its subsidiaries' businesses. Compupower Corporation serves the subscription fulfillment needs of the VLP's publishing operations. VLDC primarily handles all of the mailings of the publications to VLP's subscribers. Additionally, VLDC is a disaster recovery site for the New York operations. The name "Value Line," as used to describe the Company, its products, and its subsidiaries, is a registered trademark of the Company.
CORPORATE PERSONNEL
Officers
Howard A. Brecher, Acting Chairman and CEO, and Vice President
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary
Board of Directors
Howard A. Brecher, Acting Chairman and CEO, and Vice President
Stephen Davis
Alfred Fiore
William Reed
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary
CONTACTING VALUE LINE
By mail:
Value Line, Inc., 220 East 42nd St, New York, NY 10017
By telephone:
Main Phone Number 1.212.907.1500
Value Line Publications:
Customer Service 1.800.634.3583
By e-mail: vlcr@valueline.com
INVESTOR INFORMATION
Value Line's shares are traded in the NASDAQ Global MarketTM. Symbol: VALU.
WEBSITE ACCESS TO SEC REPORTS
The Company's Web site address is www.valueline.com. The Company's annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to these reports are available free of charge on the Corporate Filings page of the Company's Web site as soon as reasonably practicable after the reports are filed electronically with the Securities and Exchange Commission. Company filings are also available on the SEC Web site, www.sec.gov as soon as reasonably practicable after electronic filing.
Stockholders may obtain a copy of Value Line, Inc.'s most recent Form 10-K, as filed with the Securities and Exchange Commission, without charge, by writing: Secretary, Value Line, Inc., 220 East 42nd Street, NY. NY 10017-5891.
To receive a copy of the current prospectus on any Value Line mutual fund, including management fees, expenses and performance information, write to EULAV Securities, Inc., 220 East 42nd St, NY, NY 10017, call toll free 1.800.223.0818 or visit our web site at www.vlfunds.com. Please read the prospectus carefully before investing or sending money.
For detailed information about Value Line's asset management services, please call 1.212.907.1605.
Quick Facts About Value Line, Inc.
• Founded in 1931 as Arnold Bernhard & Company, Inc.
• Acting Chairman and CEO: Howard Brecher
• Stock traded on NASDAQ: Symbol: VALU
• Address: 220 East 42nd Street, New York, NY 10017
• Telephone: 1.212.907.1500
• www.valueline.com
CORPORATE STRUCTURE
Item 1. BUSINESS.
Value Line, Inc. (the "Company"), a New York corporation, was organized in 1982 and is the successor to substantially all of the operations of Arnold Bernhard & Company, Inc. ("AB&Co."). As of June 30, 2009, AB & Co. owned approximately 86.5% of the Company's issued and outstanding common stock.
The Company's primary businesses are producing investment related periodical publications through its wholly-owned subsidiary, Value Line Publishing, Inc. ("VLP"), and providing investment advisory services to mutual funds, institutions and individual accounts, through its asset management subsidary. VLP publishes in both print and electronic formats The Value Line Investment Survey®, one of the nation's major periodical investment services, as well as The Value Line Investment Survey - Small and Mid-Cap Edition, The Value Line 600, Value Line Select, The Value Line Fund Advisor, The Value Line Special Situations Service, The Value Line Daily Options Survey and The Value Line Convertibles Survey. VLP also provides current and historical financial databases which include DataFile, Estimates & Projections, Convertibles, ETFs and Mutual Funds in standard computer formats. The Company also markets investment analysis software which includes The Value Line Investment Analyzer and Value Line Mutual Fund Survey for Windows®. The Company's print and electronic services are marketed from time to time through media, direct mail and the internet to retail and institutional investors.
The Company's wholly-owned subsidary, EULAV Asset Management, LLC ("EULAV") is the investment adviser for the Value Line Family of Mutual Funds (Value Line Funds), which on June 30, 2009 included 14 open-end investment companies with various investment objectives. In addition, EULAV manages investments for private and institutional clients. EULAV is registered with the Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940.
In addition to Value Line Publishing, the Company's other wholly-owned subsidiaries include EULAV Securities, Inc., Vanderbilt Advertising Agency, Inc., Compupower Corporation and Value Line Distribution Center (VLDC). EULAV Securities, Inc. is a registered broker-dealer and distributor to the Value Line Funds. Vanderbilt Advertising Agency, Inc. places advertising on behalf of the Company and its subsidiaries' businesses. Compupower Corporation serves the subscription fulfillment needs of the VLP's publishing operations. VLDC primarily handles all of the mailings of the publications to VLP's subscribers. Additionally, VLDC is a disaster recovery site for the New York operations. The name "Value Line," as used to describe the Company, its products, and its subsidiaries, is a registered trademark of the Company.
CORPORATE PERSONNEL
Officers
Howard A. Brecher, Acting Chairman and CEO, and Vice President
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary
Board of Directors
Howard A. Brecher, Acting Chairman and CEO, and Vice President
Stephen Davis
Alfred Fiore
William Reed
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary
CONTACTING VALUE LINE
By mail:
Value Line, Inc., 220 East 42nd St, New York, NY 10017
By telephone:
Main Phone Number 1.212.907.1500
Value Line Publications:
Customer Service 1.800.634.3583
By e-mail: vlcr@valueline.com
INVESTOR INFORMATION
Value Line's shares are traded in the NASDAQ Global MarketTM. Symbol: VALU.
WEBSITE ACCESS TO SEC REPORTS
The Company's Web site address is www.valueline.com. The Company's annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to these reports are available free of charge on the Corporate Filings page of the Company's Web site as soon as reasonably practicable after the reports are filed electronically with the Securities and Exchange Commission. Company filings are also available on the SEC Web site, www.sec.gov as soon as reasonably practicable after electronic filing.
Stockholders may obtain a copy of Value Line, Inc.'s most recent Form 10-K, as filed with the Securities and Exchange Commission, without charge, by writing: Secretary, Value Line, Inc., 220 East 42nd Street, NY. NY 10017-5891.
To receive a copy of the current prospectus on any Value Line mutual fund, including management fees, expenses and performance information, write to EULAV Securities, Inc., 220 East 42nd St, NY, NY 10017, call toll free 1.800.223.0818 or visit our web site at www.vlfunds.com. Please read the prospectus carefully before investing or sending money.
For detailed information about Value Line's asset management services, please call 1.212.907.1605.