Sentence examples for its swap of from inspiring English sources
Gannett's Profit Falls 9% but Tops Forecast After an Exchange of Newspapers in Detroit The Gannett Company, the nation's largest newspaper publisher, reported a 9percentt decline in fourth-quarter earnings yesterday, partly as a result of expenses from its swap of newspapers in Detroit and the absence of election-year advertising.
Begging, though widely despised, is quaintly entrepreneurial, with its swapping of pitches and techniques.
Earlier this month, it boasted that its Swap Force line-up of Skylanders characters were outselling Hasbro's Transformers and Star Wars toys as well as all other ranges of action figures in North America.
In November the company worked out a relief package with the Federal Reserve Bank of New York, in which the most toxic of its swap contracts were put into a kind of quarantine, so they could no longer hurt its balance sheet.
AIG, the bailed-out insurer whose derivatives activities brought the company to the brink of collapse in 2008, ran most of its swaps business out of London.
Termination fees also kick in when a municipal issuer wants out of its swap agreement.
Just prior to going under, Bear Stearns revealed that the notional value of its swap agreements was a staggering $11 trillion.
A.I.G. wrote down the value of its swap portfolio by $25 billion, telling investors that the markdowns did not represent a cash loss of that magnitude.
Under the swap, DPS sends $36.4 million per year to its swap counterparties, or 4.859% of $750 million.
Go to Article from Breakingviews » Go to Article from The New York Post » Meanwhile, Bank of New York's shares fell as much as 4.81percentthethe most in two years, after it said the swap of its retail banking unit for J.P. Morgan Chase's corporate trust division would reduce profits through 2009.
Argentina has been mulling a plan to replace some of its foreign bonds with locally issued ones ever since a New York court ruled in 2012 that it could not pay creditors who accepted its debt swaps of 2005 and 2010 without fully compensating "holdouts" who jibbed at the deal.
