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How Much Money Is $700 Billion? A Look At Apple's Market Cap In Context
Wednesday, February 4, 2015 - 12:53pm | 413Apple Inc. (NASDAQ: AAPL) surpassed the $120 per share threshold on Wednesday, trading at an all-time high on a split-adjusted basis. The company’s market capitalization is now very close to $700 billion (about $692 billion), maintaining its position as the largest publicly traded...
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Carlos Slim Doubles His Stake In The New York Times
Thursday, February 20, 2014 - 4:28pm | 281A rumor is circulating that, if true, could further impact one of America's premier journalism outlets. According to Bloomberg, Telecom mogul Carlos Slim Helú is planning on doubling his stake in the New York Times Company (NYSE: NYT). That action would reportedly bring his stake to 19 percent...
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Haiti Funds Promised But Haven't Been Delivered
Thursday, July 15, 2010 - 10:46am | 320$5.3 billion in funding was promised by donors at an aid conference in March, almost two months after the earthquake, but less than 2 percent of that money has been handed over to the United Nations-backed entity set up to handle the money, according to CNN world. There have only been four...
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America Movil (AMX) To Acquire Telmex (TII)
Thursday, January 14, 2010 - 9:01am | 181America Movil S.A.B de C.V (NYSE: AMX), the telecommunications company controlled by the billionaire Carlos Slim Helú, started on Wednesday a $21 billion offer for the Mexican telephone companies Telmex and Telmex Internacional (NYSE: TII) which are controlled through a holding company, Carso...