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[3] If the sale price exceeds the market-clearing price, supply will exceed demand, and a surplus inventory will build up over the long run. If the sale price is lower than the market-clearing price, then demand will exceed supply, and in the long run, shortages will result, where buyers sometimes find no products for sale at any price.
Harley withdrew more than $1 billion from the firm in the two years before its collapse on December 11, 2008, including $425 million in those last three months. [41] [42] [43] On May 18, 2009, Picard sued Fairfield Greenwich Group, seeking the return of $3.2 billion during the period from 2002 to Madoff's arrest in December 2008.
The unidentified lucky ticketholder can choose between the $1.22 billion jackpot paid out in installments over 29 years or take the one-time lump sum estimated at $549.7 million.
The annual worldwide market share of personal computer vendors includes desktop computers, laptop computers, and netbooks but excludes mobile devices, such as tablet computers that do not fall under the category of 2-in-1 PCs.
Banks sell down more X debt; just $1.3 billion now left on their books. Shankar Ramakrishnan ... The loans paid a fixed rate yield of 9.5% and priced at par or at 100 cents to the dollar, said the ...
The need for modernizing these systems is obvious. In 2009, India launched an ambitious—and largely unheralded—project to issue a 12-digit identification number to all 1.3 billion of its citizens. So far, it has spent around $880 million and registered 970 million people.
American Express earned $12.5 million in 1964, $1.4 billion in 1994, and $9.9 billion over the past year. That record of profitable growth clearly reflects a wide competitive moat.
The case In re Apple iPod iTunes Antitrust Litigation was filed as a class action in 2005 [9] claiming Apple violated the U.S. antitrust statutes in operating a music-downloading monopoly that it created by changing its software design to the proprietary FairPlay encoding in 2004, resulting in other vendors' music files being incompatible with and thus inoperable on the iPod. [10]