Although these securities would normally be classified as short - term, as they typically settle every 7, 28 or 35 days, because they failed to
settle at auction DITC has reclassified them to long - term pending them settling at auction.
These long - term investments are tied to auction rate securities that failed to
settle at auction.
However, when auction rate securities fail to
settle at auction, which occurred in fiscal 2008, and conditions leading to their failure to auction create uncertainty as to whether they will settle in the near - term, we classify them as long - term consistent with the contractual term of the underlying security.
The risk factor «There Is Risk That Our Auction Rate Securities Will Not
Settle At Auction And We May Experience Additional Other Than Temporary Declines In Value, Which Could Cause Additional Charges To Be Realized On Our Statement Of Operations» has been revised to include first half fiscal 2009 financial information.
Not exact matches
In October 2016, the attorney general sent a cease and desist letter to the Donald J. Trump Foundation amid reports that the foundation did not have the necessary licensing to raise money in the state and used donor funds to
settle personal lawsuits against Trump, and to buy portraits of him
at charity
auctions that he used in his business properties.
He also recalled his October cease - and - desist letter to the Donald J. Trump Foundation, which came amid reports that it lacked licensing to raise money in New York State and that it had expended donor funds to
settle personal lawsuits against Trump, and to purchase portraits of him
at charity
auctions that he later used to decorate his business properties.
Investment securities that have maturities of more than three months
at the date of purchase but current maturities of less than one year, and
auction rate securities which management typically has
settled on 7, 28 or 35 day
auction cycles, are considered short - term investments.
These mostly AAA - rated
auction rate securities, which met our investment guidelines
at the time the investments were made, have failed to
settle in
auctions during fiscal 2007.
Auction house executives came and went, lawsuits were brought and settled, and the price of works at auction reached previously unimaginable h
Auction house executives came and went, lawsuits were brought and
settled, and the price of works
at auction reached previously unimaginable h
auction reached previously unimaginable heights.
Auction prices for the Colombian - born painter Oscar Murillo, hailed by some as the new Jean - Michel Basquiat,
settled down to under $ 350,000 in London after spiking
at a record $ 401,000
at Phillips last month in New York.
In 1883, he
settled at Giverny, some 65 km from Paris, where he created his famous water garden, whose Japanese bridge is featured in his work Le Bassin aux Nympheas (1919), which was
auctioned at Christie's London, in 2008, for # 40.9 million ($ 72 million), making it the world's second most expensive Impressionist painting.
Average hammer price of the
auction has
settled at $ 21,088, while median hammer was
at $ 12,871.