REUTERS Intrade, an Online Betting Site, Faces Liquidation | Intrade "is facing liquidation because of a $700,000 cash shortfall, a development that comes a month after it halted trading and froze its customer accounts," The New York Times reports.
Hyundai's robust earnings were reported as shares in Toyota Motor, the world's largest auto maker, fell sharply because of concerns about its image and profits after it halted sales of several top models in the United States to fix an accelerator fault.
The online betting Web site Intrade, which gained widespread notice for serving as a predictions platform for elections and events not related to sports, is facing liquidation because of a $700,000 cash shortfall, a development that comes a month after it halted trading and froze its customer accounts.
AT&T, whose stock is down 62percentt so far this year, had a reprieve after it halted purchases of equipment that enabled its cable systems to carry local telephone service.
After it halted all pledging, the university said the organizations could petition to admit new members based on a review of their pledging activities.
Toyota sales fell 16 percent in January after it halted sales and production of eight models that were part of the recall that month.
Over the weekend, the government abandoned plans for tax on goods and services, just weeks after it halted an increase in the price of gasoline, which was aimed at cutting its subsidy bill, and a rise in the price of electricity.
According to "5 Years After It Halted Weapons Programs, Libya Sees the U.S. as Ungrateful" (news article, March 11), Libyan officials are "dissatisfied" with the perceived failure of the United States to reward Libya fully for ending its nuclear and chemical weapons programs in late 2003.
Toyota's sales, which fell 16% in January after it halted production and sales for a week, will weaken further, Hutson believes, forcing the company to offer much higher incentives to move its vehicles.
MindArrow, a California software company, resumed stock trading yesterday, nearly three months after it was halted when the company said that many of its shares had been counterfeited.
