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Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
In 2006 CSN made a rival bid to acquire the Anglo-Dutch steel firm Corus, following an announcement the acquisition of Corus by Tata Steel of India for $8.1 billion (£4.5 billion, or £4.55 per share). Competitive bidding between the two companies raised the final price to £6.08 per share in 2007, with Tata outbidding CSN.
ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
On 19 November 2006, the Brazilian steel company Companhia Siderúrgica Nacional (CSN) launched a counter offer for Corus at a higher valuation of £4.75 per share. [13] CSN and Corus had previously discussed a merger in 2002, [14] cancelled late 2002; [15] [16] CSN's iron ore assets would provide synergy with Corus's need to import ore. [13]
The price of milk was $12.69 per gallon, a carton of 18 eggs was $10.79, a 5-pound bag of flour was on sale for $12.99, a regular bag of nacho cheese-flavored chips was $11.29, a 12-pack of soda ...