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That return, unannualized, takes into account the pricing spread, the dividends received on Tosco and the payments in lieu of dividends the fund owed on Phillips to the lender of the Phillips shares.
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The price spread has attracted the attention of Congress.
But analysts say that the price spread could quickly shrink as a host of factors converge.
The narrowest price spread is for household electrical goods; the widest, for books and magazines.
The price spread between the cash and futures, however, is not invariant.
Higher gas prices spread increased costs across Europe's economies, pushing up delivery and supply charges.
The hedgers, therefore, run the risk that the price spread, known as the "basis," could move against them.
The dispute about energy prices spread into a broader dispute over whether real disposable incomes were still falling.
See articleCopper comes a cropperThe general rout in commodity prices spread to copper, knocking the share prices of some big mining companies.
Their calumny often includes claims that there's not enough of a price spread between various iterations of the 1 and 3 Series.
That price spread will widen this spring, when BMW delivers a more affordable version of the GT with a new 300-horsepower turbocharged in-line 6.
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