Exact(60)
But banks' shares trade below their book value, suggesting that investors are sceptical.
Fast Eddie was Absent Eddie when his lawyer, Barry Spevack, argued that the "scheme was to sell property at a fair market value," suggesting no harm, no foul.
As business, though, it was a gift of surpassing value, suggesting a kind of Clintonian marital bargain, in which pride is sacrificed in service to dynasty.
Mr. Icahn said that there were "multiple ways" to realize such value, suggesting even then that he was open to a sale.
This amount is lower than the expected value, suggesting that nucleosynthesis ceased in the solar system material about 2 × 108 years before the meteorites and planets solidified.
European bank shares trade at well below asset value, suggesting that investors expect their balance-sheets to suffer significant write-downs in future.
BofA now trades at a mere one-third of its book value, suggesting that investors don't trust the stated value of its assets relative to its liabilities.
By the same token, the debt of two-thirds of the midsized firms in the survey was trading at 80% or more of its face value, suggesting that investors are not too worried about their health.
Its benchmark government bond trades at 57% of its face value, suggesting that private investors fear losses if and when a new deal is brokered.The strong-arm tactics in Greece's "voluntary" debt write-off only add to those anxieties.
Profits from advising on mergers and underwriting stocks and bonds were up too possibly a sign of bigger banking opportunities ahead.Citi's market capitalisation remains far lower than its accounting value, suggesting concerns remain about hidden problems.
January 10 , 2014Lorcan Roche Kelly (@LorcanRK) Taper > Janopause January 10 , 20141.49pm GMT And the US government debt is strengthening in value, suggesting that investors think there's less chance that the Federal Reserve will cut its bond-buying stimulus plan again this month.
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