When backwardation happens, the future contracts of a commodity are actually priced lower than the price of the current month contract at the time of sale, and the investor (or ETF) can benefit by selling the current month high and buying the next month lower.
Although they weren't supposed to duke it out with Maserati for customers on the street (thanks to a clause in the contract for sale of their company), the brothers had no such qualms about creating racing cars.
Last month a team including Morgan Stanley and Salomon Brothers won the contract to arrange the sale of Telebras, Brazil's telecoms firm, by charging a mere 0.07% of the sale price (compared with fees of up to 1.5% on some past privatisation contracts).
He reported back to us that one of the former Nigerien (sic) officials he met stated that he was unaware of any contract being signed between Niger and rogue states for the sale of uranium during his tenure in office.
D-Wave Systems announced today that it has signed a multi-year contract with Lockheed Martin that includes the sale of its D-Wave One system, which is the first commercially available quantum computer.
Taylor was part of the Sale squad that became Guinness Premiership champions last season but was out of contract with the English club this summer.
The powerful forward is a huge star in his home country and has admitted avoiding the glare of publicity was one of the reasons for him signing a new contract with Sale.
BBC: Chabal is one of the biggest rugby stars in his home country
In fact, the contract between the two parties gives Facebook a large share of the sale of virtual goods sold.
It would put a buyer together with a seller, take "delivery" of the contract for one fleeting moment and book the entire "sale" as revenue to Enron.
The Oklahoma City Orchestra League's contract with homeowners provides that it gets 0.5% of the net sale price if the house is sold within 16 months of when the League takes possession for the makeover.
Meanwhile, another investor implemented a more bullish trade in the September contract today involving the purchase of calls at the 45.0 strike and the sale of calls at the 50.0 strike for a net cost of 1.05.
Finally, the sale of two sizable chunks of in-the-money April contract call options generated big gains for another EEM-bull this morning.
FORBES: Clamor For Call Options As Goldcorp Shares Hit Two-Year High
The contract said "negative publicity" due to "alleged possession, use or sale of banned substances" by riders or team personnel would constitute an "event of default, " as would a failure to take "action" if a rider violates a morals or drug clause.
WSJ: Justice Department Poised to Join Armstrong Whistleblower Suit
Target shareholders may also be required by contract to agree to treat any payments made pursuant to the CVR as additional consideration for the sale of their stock in the deal.
FORBES: Shadowy Shares: The Dark Side of Contingent Value Rights
What this says is that the State of Wisconsin can sell or contract out management of state-owned heating, cooling and power plants without the requirement that bids for such a sale or leasing be solicited so as to maximize what the government can pocket through such an arrangement.
FORBES: A Secret Deal Between Gov. Walker And Koch Brothers Buried In State Budget?
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