Word: borrowings
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Dates: during 2000-2009
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...stock hit 10 cents a share (vs. about $25 for Best Buy) on Monday. That's down from a peak of $30 in May 2006, and nearly $8 as recently as December 2007. By late afternoon on Nov. 10, a U.S. bankruptcy judge had granted the company permission to borrow up to $1.1 billion, which it will use to buy new inventory and pay workers. That should tide it over through the holidays. But its long-term outlook remains bleak...
...outskirts of the Square anymore.” Like most retailers, MacDonald counts on a strong holiday season. But he predicted that some businesses could find themselves suffering this year.“After the holiday season, there’s a huge drop-off and you have to borrow money from the bank,” said MacDonald. “Some businesses will find they won’t be able to.”Store managers for larger retailers such as Urban Outfitters and restaurants such as Bertucci’s were not permitted to comment...
...with several solutions, each better than any that we’ve heard proposed thus far. Instead of increasing travel time across the board or lengthening classes, we could instead adopt a cellular service style pay-per-minute lateness plan. Is Expos in your five? Or maybe we could borrow CNN’s hologram technology, such that we could be beamed into lecture each morning. If that fails we could switch to “Stanford time,” in which lateness is excused up to three hours. If the CUE decides to proceed with any readjustments...
...Ottawa agree to insure the money they routinely borrow from other banks, a practice that keeps their credit operations liquid? Ironically, the troubled non-Canadian institutions that received capital injections and loan guarantees in other countries now carry a government seal of approval that tilts the playing field in their favor when it comes to borrowing. That leaves Canada's big banks, including Scotiabank, TD Bank Financial Group, RBC Royal Bank and CIBC, at a competitive disadvantage. So the government acted to level the field, not to aid troubled banks. (See pictures of the global financial crisis...
...billion more. Question 1 supporters tell the undecided that the measure’s opponents are “indirectly funded by your tax dollars.” They’re right. Everyone in Massachusetts is indirectly funded by tax dollars—when they mail a letter, borrow books from the library, or visit a nearby state park...