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The stronger dollar, bolstered by robust economic growth, gives U.S. investors more reasons to keep their cash close to home.
Keep digging The X factor Old-fashioned but in favour Strength in numbers ReprintsWith the return on cash close to zero, and government-bond yields in many markets near record lows, investors are indulging in another desperate "hunt for yield" akin to the one that sparked the subprime-mortgage boom before the crisis.
The builder paid $650,000 cash, close to the asking price no inspection, no repairs.
That was about 76 points higher than the Dow's cash close on Friday of 12,463.15.
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Its offer, which values Arcelor at €40.40 a share and provides a maximum €8.5bn in cash, closed on Thursday.
This report contains the closing prices for cheese, nonfat dry milk, and butter at the Chicago Mercantile Exchange, as well as a running weekly record of daily cash closes and changes.
It has sold assets to raise cash, closed a venture with AT&T and set in motion a spinoff of its mobile phone division, which will be completed this month.
But as Dan Primack pointed out on Twitter, Bed Bath & Beyond had under $600 million in cash (closer to $500m) as of its last earnings.
Aetna Inc. has agreed to sell its international and financial services units to the ING Group of the Netherlands for $5 billion in cash, people close to the deal said last night.
A. When must a specialized petty cash fund close?
She also didn't have enough cash to close.
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