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The £2.8bn price for FORE Systems and the £1.3n spent on RELTEC took a heavy toll on Marconi following the bursting of the bubble in 2000/2001. In the first half of 2001, some of Marconi's major competitors such as Lucent Technologies and Alcatel had issued profit warnings, citing a large drop in orders from large telecoms groups.
Yahoo's first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of April 2008, the company's largest acquisition is the purchase of Broadcast.com , an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire.
March 7, 2001: Yahoo CEO Tim Koogle announces he will step down and remain only a company board member. April 17, 2001: Terry Semel announced as the new Yahoo CEO. [18] September 26, 2001: Yahoo stocks close at an all-time low of $8.11. The day before, it hit an intra-day low of $8.02 (both figures are pre-split prices). [citation needed]
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Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes, press releases, ...
The £2.8bn (US$4.5bn) ($8.4 billion today) price tag for FORE [4] and the £1.3n spent on Reltec a month earlier took a heavy toll on Marconi following the burst of the bubble in 2000/2001. In July 2001 Marconi plc suffered a 54% drop in its share price following suspension of trading of its shares, a profits warning and redundancies.
In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500. The values are the same ...
Forget about the Benjamins. Here's how to tell if your "Thomas Jeffersons" are worth thousands of dollars.