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Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to ...
9 November 2007 – Iberia Airlines Flight 6463, an Airbus A340-642 registered as EC-JOH, was badly damaged after sliding off the runway at Ecuador's Mariscal Sucre International Airport. The landing gear collapsed and two engines broke off. All 345 passengers and 14 crew members were evacuated by inflatable slides, and there were no serious ...
Google's rise was largely due to a patented algorithm called PageRank which helps rank web pages that match a given search string. When Google was a Stanford research project, it was nicknamed BackRub because the technology checks backlinks to determine a site's importance.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Rates on a 15-year mortgage stand at an average 6.53% for purchase and 6.57% for refinance, a decrease of 23 points from 6.76% for purchase and 27 points from 6.84% for refinance over the past week.
The current average rate for a 30-year fixed mortgage is 7.36% for both purchase and refinance — down 1 basis point from 7.37% for purchase and down 2 basis points from 7.38% for refinance last ...