For example, Henri Matisse's Étude pour Nu rose sold for £5.9m, a record for a drawing by the artist.
Prices can soar; a bottle of Mionetto Sergio Rosé — a softly sparking blend of raboso and lagrein grapes, with notes of grapefruit, cranberry and damask rose — sells in wine shops for about $15 but is $52 here.
Almost every rose sold in the UK is grafted; breeders join the stem of one rose, the scion, to the roots of a vigorous species rose, the rootstock, until they fuse together.
Later, "La Première rose" sold within the estimated bracket.
Investors are busy adjusting their portfolios for a world in which interest rates rise, selling some bonds and buying others.
The rise of momentum investing — buying stocks as they rise, selling them as they fall — and of minute-by-minute market coverage in the media has made rumors more contagious and more potent, exacerbating investors' tendency to herd.
To sum up, remember these rules: When rates rise, sell your bond funds.
"The impact of government cuts on consumer spending is still unclear and we have yet to fully understand the impact of rising selling prices on overall demand," said Wolfson.
After serious reengineering, incorporation of value-added systems know-how and moving away from commoditized standard products, semis saw stable to rising sell prices and generally tight capacity from 1992 to very early 2000.
Mr. Kors, 53, and his fellow insiders have taken advantage of the steep rise, selling big blocks of stock three times, with each sale at a higher price than the previous one.
Dozens of Wall Street firms were involved in financing Enron's rapid rise, selling its stocks and bonds, arranging acquisitions and, later, putting together the off-the-book deals that masked Enron's true financial condition.
