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Asset

The following information is about Asset.

Asset Defined

is anything owned by an individual or a businesswhich has commercial or exchange value. Assets may consist of specific property or claims against othersin contrast to obligations due others. (See also Liabilities

This definition is in context to Accounting. See more contextual defintions for Asset.


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Bank Writeoffs May Rise, Bond Spreads Fall on TARP (Update2)

Published October 6, 2008, 10:17 am, Bloomberg

Oct. 6 (Bloomberg) -- The U.S. Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to writedowns at financial institutions.

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JetDirect Aviation Announces Aircraft Acquisition and Brokerage Group

Published October 6, 2008, 10:03 am, PR Newswire via Yahoo! Finance

JetDirect Aviation, one of the nation's largest and most experienced turbine aircraft management and charter company, announced today that it has established its aircraft acquisition and brokerage team under the direction of Mike Moore, Senior Vice President of Business Development and Aircraft Brokerage.

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Europe Research Center

Published October 6, 2008, 9:28 am, Harvard Business School

The Europe Research Center in Paris (ERC) opened in 2003, and plays an important role in helping HBS develop and strengthen relationships with European business and academic leaders.

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GSIS ekes out 5% gain despite market turmoil

Published October 6, 2008, 8:06 am, Yehey!

DESPITE the global financial crisis, the state-owned pension fund Government Service Insurance System claims to have gained $30 million, or a 5-percent increase, on the investment it made in the United States five months ago.

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It is essential to prevent a loss of confidence in banks

Published October 6, 2008, 6:37 am, Times Online

Personalities matter in economics, as they do in history, politics and war. This is why economic forecasting can never be seriously scientific and why mathematical models in finance eventually lead to disaster. And why the world economy is now genuinely threatened by a once-in-a-lifetime depression.

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Sheetz Rolls Out RedPrairie Site Operations in 350 Stores

Published October 6, 2008, 5:57 am, Centre Daily Times

RedPrairie Corporation, a consumer-driven optimization company, has announced that Sheetz has completed its roll out of RedPrairie Site Operations to direct activities in more than 350 outlets. The solution has been very instrumental in helping the company gain a single, chain-wide window into all aspects of site operations, including cash management, invoicing, and food service and inventory ...

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Ambac Releases Selected Monthly Data for August 2008

Published October 6, 2008, 5:47 am, Centre Daily Times

Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today released selected pre-tax financial data for the month of August, 2008. Ambac's impairment analysis is performed on a quarterly basis. As such, the monthly data does not reflect the results of the quarterly credit derivative impairment, insurance loss reserve and investment portfolio impairment analysis.

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Connacher provides operational and financial direction to capital markets and its shareholders; shelves refinery ...

Published October 6, 2008, 5:47 am, CNW Group via Yahoo! Finance

In light of the current uncertainty in capital markets, Connacher Oil and Gas Limited wishes to provide operational and financial direction to capital markets and to its shareholders.

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Sheetz Rolls Out RedPrairie Site Operations in 350 Stores

Published October 6, 2008, 5:30 am, Business Wire via Yahoo! Finance

MILWAUKEE----RedPrairie Corporation, a consumer-driven optimization company, has announced that Sheetz has completed its roll out of RedPrairie Site Operations to direct activities in more than 350 outlets.

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Exide Technologies Announces Estimated Net Sales, Adjusted EBITDA and Free Cash Flow for Its Fiscal 2009 Second Quarter

Published October 6, 2008, 5:30 am, GlobeNewswire via Yahoo! Finance

ALPHARETTA, Ga., Oct. 6, 2008 -- Exide Technologies , a global leader in stored electrical energy solutions, today reported certain financial metrics for its fiscal 2009 second quarter ended September 30, 2008.

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