Sentences with phrase «shares at fire sale prices»

Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot of slight of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic economic and oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.

Not exact matches

Past looks at the value of GE's individual businesses — also known as a «sum - of - the - parts» analysis — cast doubt on whether a fire sale of GE's assets would even fetch today's price at $ 13.28 per share.
These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.
I'm hoping that the company was able to deploy some of its cash and buy back a good number of shares today at these fire - sale prices.
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