Word: billion
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Europe, Santander has come out ahead with its 2007 purchase of a chunk of ABN Amro. Santander joined forces with the Royal Bank of Scotland and Belgium's Fortis to buy the ailing Dutch giant for $103.7 billion. But while both RBS and Fortis are now on the casualty list themselves, Santander's $17 billion stake in the Brazilian wing of ABN Amro is worth about $49 billion after merging with Santander's existing business in Brazil. In 2007, the firm spent just under $10 billion for Italy's Banca Antonveneta, which it promptly sold off for a $3.74 billion...
...real dollars, according to a Box Office Mojo chart, Avatar is currently only 36th all-time. The top grosser, Gone With the Wind, earned three times as much in theaters as Avatar has so far.) In foreign markets, Avatar is even more imposing, having earned more than $1.1 billion; that's only about $150 million less than Titanic did in its entire run. Expect a new worldwide champ before Oscar night...
Early last month, Harvard President Drew G. Faust announced that the University would indefinitely halt construction on the Allston Science Complex in the early spring due to financial constraints. The roughly $1 billion project represents the first component of Harvard’s ambitious 50-year plan to construct an extension of its campus across the Charles River...
Harvard’s latest bond sale brought the school’s outstanding debt to $6.5 billion dollars, a debt load comparable to that of the city of Chicago. Proceeds from the sale—which attracted a mix of investors including high net worth individuals, hedge funds, and insurance companies—will be used to fund a building project at the Law School and to refinance previously issued University debt...
Last year, in the midst of the financial crisis, Harvard sold $2.5 billion worth of bonds at a higher yield and received scrutiny for issuing debt during an unfavorable financial climate. A Forbes cover story suggested that Harvard was at a disadvantage in the bond market because it acted in a “cash-raising panic...