Exact(3)
A new paper from the National Bureau of Economic Research asks whether this might work in reverse: if cash motivates crime, could the absence of cash reduce crime?
To prevent it, the company said, it desperately needed to raise cash, reduce expenses and improve operational efficiency.
To prevent it, the company laid out three imperatives: raise cash, reduce expenses and improve operational efficiency.
Similar(57)
Proxicom has $70 million in cash, reducing the net value of the deal to $266 million.
In return for the revisions, US Airways made an early payment of $250 million in cash, reducing its total obligation to $725 million.
Steven A. Cohen, the secretive chief of a fund called SAC Capital, has put much of the money in his funds into cash, reducing trading by some of his workers.
An increase in cash holdings, for instance, reduces risk; but, because cash is not an earning asset, converting other types of assets to cash reduces the firm's profitability.
In other merger news, Caremark Rx has agreed to buy AdvancePCS for just over $5 billion in stock and cash, reducing to three the number of major players in the drug-buying industry.
The agreement calls for Northwest to exchange its Class A shares, which carry 10 votes a share, for a smaller number of single-vote Class B shares and $450 million in cash, reducing Northwest's voting control from 55percenttoto less than 5percentt.
Still, Kwan and Khoo's stake is worth $169 million (after a November cash call reduced their holding to 45%).
NEC is trying to raise cash to reduce liabilities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com