Word: stockely
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...paring down to about half of its 110 group firms, and slashing unprofitable international and domestic routes. JAL's shares - which hit an all-time low of 3 yen Tuesday afternoon from a high of 213 last March - will also be delisted from the Tokyo Stock Exchange. Kazuo Inamori, founder of technology company Kyocera, is expected to take over from JAL's president Haruka Nishimatsu, who resigned on Tuesday...
Santander still has to prove itself in the U.S., however. In 2006, the Spanish firm spent $2.9 billion to buy 25% of Sovereign Bancorp, a regional bank in the northeast. By October 2008 Sovereign's stock had fallen 85% and Santander exercised its right of first refusal to buy the remaining 75% for $1.9 billion. Now it has to hope Sovereign is worth more than the peanuts Santander paid for it. "If a bank is strong, it is not for sale. Banks are sold, not bought," says Juan Rodríguez Inciarte, Santander's director general and an architect...
...pictures of the stock market crash...
...pronged goal, Marx said. First, the organization seeks to strengthen the health care system in Haiti to facilitate the clinics' ability to attend to the influx of people expected by the rescue team. The organization is bringing in extra surgeons to staff the clinic and more supplies to stock the warehouse, according to Marx...
Though Haiti currently possesses a decent stock of medical supplies and the PIH clinics have an adequately stocked warehouse, resources eventually become insufficient, according to Marx...