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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...
After receiving $436 million in cash from Mechel and 83.3 million preferred shares of Mechel stock in 2009, Jim Justice purchased Bluestone Coal from Mechel OAO for only $5 million in cash in February 2015 with Mechel receiving future royalty payments of $3 per ton from Bluestone Coal mines and 12.5% from the sale of Bluestone Coal company if ...
On Wednesday, the bank was hit with a $136 million fine from federal regulators, who said the bank has made “insufficient progress” in fixing problems with data management and risk controls.
By year-end 2013, Zyzin had lost most of his fortune after a steep decline in Mechel's stock price. Forbes named this loss the "fiasco of the year," estimating Zyuzin's fortune as of December 3, 2013, at no more than US$300 million, or a mere 2 percent of the peak value. By late November 2013, banks held lien for 88% of Zyuzin's entire Mechel ...
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Providian was a company that sold credit in the "subprime" market. Providian provided credit cards primarily to the lowest income groups in the U.S. at high interest rates. The annual percentage rates (APR) charged by Providian were as high as 29.9 percent. In a March 1999 memorandum published by the San Francisco Chronicle, the founder of the ...
What: Shares of Mechel OAO fell as much as 17% today as investors sold off Russian stocks because of a potential conflict with Ukraine. So what: The Russian ruble hit an all-time low today as ...
The bank originated in Claude in February 1904 under the name of First National Bank of Claude. The bank continues to operate in its original location. The company's eventual namesake, Citizens Bank, was established in March 1948 in Tucumcari. The Tulia location was established in June 1997. In 2004 the banks merged as a subsidiary of Triple J ...