Word: pricings
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...smile. My guess is, “The Man Who Sold the World” is about all this. Either that or David Bowie. It could go either way.Eight in the BoxBy Raffi YessayanThe book focuses on a handsome, intelligent, witty college student who falls victim to a diabolical price gouging scheme. After years of paying the reasonable rate of 85 cents for his two-packs of brown sugar Pop Tarts, he one day discovers that the vending machine deities have betrayed this long-standing tradition, raising the fee to an outrageous price of one American dollar. Our hero falls...
...test lies: the President may not be able to claim authorship of the bill, but an aggressive editor can change a lot. The question is whether the White House will accept the Hill's arguments for what is needed to pass the bill, effectively letting the Democratic committee leaders price the value of Obama's political capital, or whether the Administration will see for itself what the market will bear...
...Huge investments in new capacity in 2007 have created an oversupply of chips, while the global economic slowdown is drastically weakening demand for the slivers of silicon that go into computers, mobile phones, portable music players and a host of other consumer electronics products. The result has been plummeting prices. According to a price index compiled by research firm iSuppli, DRAM prices have plunged 48% in the past six months. That is good news for consumers - cheaper DRAMs mean electronics makers can pack more memory into their gadgets - but it is a disaster for manufacturers. At current price levels, chipmakers...
...embezzlement and a host of other possible transgressions. According to reports in Indian newspapers, investigators for the Andhra Pradesh Crime Investigation Division have discovered Satyam funds were diverted into Maytas Properties and Maytas Infrastructure, property companies owned by the Raju family. Two senior partners of Satyam's auditors, Price Waterhouse, S. Gopalakrishnan and Srinivas Taluri, have also been arrested and charged with conspiracy, among other allegations. "SEBI will mainly look into any falsifications that may have had a [stock] price impact," says Anand Prasad, a partner at Delhi-based corporate law firm Trilegal. "They will look into how shareholders...
...facilitate a sale, SEBI is planning to relax the rules governing corporate buyouts. Currently, any group wanting to acquire a minimum 15% stake in a company must make an open offer to all shareholders based on a 26-week average share price. SEBI wants to waive this requirement to enable more realistic pricing of Satyam's shares, which plunged by more than 70% after the scandal broke and now trade at about $1.27 a share. Satyam's government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that...