BNET Business Dictionary
Business Definition for: Cash Equivalents
- short-term investments that can be converted into cash immediately and that are subject to only a limited risk. There is usually a limit on their duration, for example, three months.
Additional Resources
- Revenue of $402.4 Million, Adjusted Net Income of $18.7 Million and $255.2 Million of Non-GAAP Cash and Cash Equivalents Reported by CDC Corporation for 2007
- BEIJING, China & ATLANTA -- CDC Corporation (NASDAQ: CHINA), a leading global enterprise software and new media company, today announced its financial results for the fourth quarter and year-ended December 31, 2007. Total revenue for full year 2007 was (U.S.)$402.4 million, an increase of 30 percent from (U.S.)$309.5 million in...
- Research articles 2008-04-28
- Celldex Therapeutics: Plenty of Cash, Pending Clinical Catalysts
- Mike Havrilla submits: At the beginning of the month, Celldex Therapeutics CLDX announced the successful completion of its acquisition of CuraGen formerly CRGN, which strengthens the balance sheet (approx. $85 million in cash / equivalents) while expanding the pipeline and increasing the expected news flow of clinical data catalysts for...
- External links 2009-10-20
- Merc seeks cash terminals. (Chicago Mercantile Exchange)(Brief Article)
- In a move to bolster its straggling foreign exchange futures, the Chicago Mercantile Exchange CME hopes to install terminals on the floor for trading cash equivalents of currency and treasury contracts. In a move to bolster its straggling foreign exchange futures, the Chicago Mercantile Exchange...
- Research articles 1998-04-01
- What's in Apple's Wallet? Cash.
- Stephen Rosenman submits: 1. Apple minted money last quarter. Cash, cash equivalents, and marketable securities rose from $24.49 to $28,145 billion in Q1 2009, a whopping $3.655 billion gain. That's $4.10 a share for one quarter's contribution. Right now Apple's cash is worth $31.60 a share. If...
- External links 2009-03-09
- How to make the most of the cash in a captive. (captive insurance companies) (Alternative Market Report: Captives)
- If the 1980s were the Decade of Debt, then the 1990s mark a return of Cash as King. Companies are trying to maximize their use of cash. One area risk managers can check for the best cash management is their captives. Like traditional insurance...
- Research articles 1993-03-22
- DuPont Photomasks' cash flow ok — for now - The Fab Line - Brief Article
- DUPONT PHOTOMASKS INC. RECENTLY REAFFIRMED THAT cash on hand and any cash provided by operations will be sufficient to pay for capital expenditures, acquisitions, R&D, and working capital for at least the next 12 months. However, in its 10-K filing the company said it might need additional funds to pay...
- Research articles 2002-09-23
- Airspan Reports Improved Quarterly Cash Burn on Lower Than Expected Revenues
- Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX broadband wireless access networks, today announced the following updates: -- A review of first quarter 2008 shows that revenues are now expected to be approximately $17.0 to $17.5 million (around 85% of the...
- Research articles 2008-04-15
- Clearwire to Spend at Least $1.5B in Cash in 2009
- Eric Savitz (Barron's) submits: Clearwire CLWR isn’t the easiest company to analyze; still in a development stage, and now combined with the old Sprint Xohm business, trying to draw conclusions from the WiMax-based wireless carrier’s financial results is challenging, to say the least. But here’s what I can tell...
- External links 2009-03-05
- Transmeta Increases 2005 First Quarter Cash Guidance to $42 Million from $38 Million; Company Making Progress with New Business Model
- SANTA CLARA, Calif. -- Transmeta Corporation (NASDAQ:TMTA), the leader in efficient computing technologies, today announced continuing progress on its new business model, including a better than expected cash position as of March 31, 2005. Transmeta now expects to report $42 million in cash, cash equivalents and short term investments at...
- Research articles 2005-04-18
- Third Quarter 2008 Airline Cash Positions
- Here's a look at various airline cash positions as of the end of September 2008. Airline Revenues in millions Unrestricted Cash and Cash Equivalentsin millions AirTran $673 $318 Alaska $1,065...
- Blog posts 2008-10-30
- Dominion Citrus Limited Announces Another Consecutive Record Quarter Of Revenue, Earnings And Operating Cash Flow.
- TORONTO, ONTARIO, NOVEMBER 7, 2001 3rd QUARTER HIGHLIGHTS ---------------------- * Operating Income of $0.696 million is 19% higher than the $0.584 million generated in Fiscal 2000. * The Gross Margin rate improved to 16.9% versus 16.6%...
- Research articles 2001-11-07
- NYT's Ongoing Struggle: "Cash, $37 Million; Debt, $1 Billion"
- So, The New York Times' Q-2 numbers are in and they're not good -- everything is down. Near the end of the narrative portion of the company's 8-K is this unsettling juxtaposition: "At the end of the quarter, cash and cash equivalents were approximately $37 million and total debt was...
- Blog posts 2009-07-23
- Atlas Air Worldwide Holdings, Inc. Sees Full-Year 2005 Pretax Income in Excess of $125 Million, Year-End Cash in Excess of $300 Million; Jeffrey H. Erickson, President and Chief Executive Officer, to Retire Later in 2006
- PURCHASE, N.Y. -- Atlas Air Worldwide Holdings, Inc. AAWW (OTC: AAWW.PK), a leading provider of global air cargo services, said today that it expects to report pretax income in excess of $125 million on revenues of approximately $1.6 billion for the year ended December 31, 2005. In addition, AAWW said...
- Research articles 2006-01-30
- Objectivity Reports Record Cash and Investment Balances; Increased Commercial Application Deployments and Growing Adoption in the Security and Intelligence Markets Credited
- SUNNYVALE, Calif. -- Building upon the growing success for its real-time data management solutions for complex inter-related data, Objectivity, Inc. today announced results for the quarter ended December 31, 2005. Cash, cash equivalents and short term investments reached record levels with balances increasing 7% over the previous quarter ended September...
- Research articles 2006-01-23
- Intraware Announces Second Quarter Fiscal Year 2006 Financial Results; Company Beats Guidance and Posts Positive Cash Flow
- ORINDA, Calif. -- Intraware, Inc. (Nasdaq:ITRAD), the leading provider of electronic software and license delivery and management solutions for enterprise technology companies, today reported second quarter fiscal year 2006 financial results. The company beat both revenue and net loss per share guidance, and grew cash and cash equivalents by $0.2...
- Research articles 2005-10-11
- Lifeline Systems to be Acquired by Royal Philips Electronics; Lifeline Shareholders to Receive $47.75 per Share in Cash
- FRAMINGHAM, Mass. -- Lifeline Systems Inc. (NASDAQ: LIFE) announced today that it has signed a definitive merger agreement with Royal Philips Electronics (NYSE:PHG, AEX:PHI) under which Philips will acquire Lifeline, a leader in personal emergency response services. Philips has agreed to acquire Lifeline for $47.75 per share or a total...
- Research articles 2006-01-19
- Cash-rich Apple now linked to EA
- Apple is rumoured to be mulling a takeover bid for games maker Electronic Arts EA just hours after the tech giant was said to be considering buying Twitter for USD700m. The news coincides with EA posting a full-year loss of USD1bn, more than twice the deficit it reported last...
- Articles 2009-05-05
- SkyMall Announces Fourth Quarter Projected Results; SkyMall Expects Positive EBITDA and Significant Improvement in Gross Margins; SkyMall to Finish Year with Approximately $8 Million in Cash
- Business Editors/High-Tech Writers PHOENIX--BUSINESS WIRE--Dec. 21, 2000 SkyMall, Inc., a multi-channel specialty retailer, today announced that it expects to report positive earnings before interest, taxes, depreciation and amortization in the fourth quarter of 2000. Fourth quarter gross margins are also expected to improve significantly over the prior...
- Research articles 2000-12-21
- Assessing Enterprise Value
- Enterprise value is an indication of what a company is worth, in the eyes of the financial markets. Essentially, it's market capitalization plus debt – hence some people's interpretation of enterprise value as its theoretical takeover price. However, it's calculated on a logical, not a theoretical, basis.Enterprise value enables individual...
- Articles 2007-05-31
- Strategic Global Income Fund Inc. announces revised asset allocation for October 31, 1994
- NEW YORK--BUSINESS WIRE--Nov. 28, 1994--Following are the revisions made to the Cash and Cash Equivalents figures. Total Cash and Cash Equivalents revised from 27.0% to 2.7% -0- ...
- Research articles 1994-11-28
