telex

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telex

a mode of electronic communication whereby matter typed into the sending terminal is printed out of the receiving terminal; one of the first forms of new technology to pose a problem for the legal system. Parties can be at their machines as they exchange messages or a message can be sent or received in absence. It was held that where there was instantaneous communication between the offeror and the offeree the formation of a contract between the parties was governed by the general rule that a contract was concluded where and when acceptance of the offer was received by the offeror. Where communication by telex is not instantaneous (as, for example, where the message is sent out of office hours or at night, or by a third party's telex machine), the time and place of the formation of a contract so made by telex can only be resolved by reference to the intentions of the parties, by sound business practice and in some cases by judgment where the risk shall lie, and not by applying a universal rule. See also ELECTRONIC COMMUNICATIONS.
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Jeff: We can also say that the autocatalytic TWX has a tighter grain structure than immersion gold.
The following equations set the expected returns of an investment in AOL and an investment in TWX equal to the risk-free rate.
Over the next few days, as the market digested the implications of the merger, arbitrageurs began seizing on what appeared to be a profit opportunity, effecting a January 11 closing price for AOL of 64, down 8 5/8, with TWX closing at 86, off 6 1/4, leaving the ratio at 1.34:1.
Although TWX is investing in new programming to draw in a younger demo, a turnaround is not expected in the next 1-2 quarters.
12.2K trade against 856 open interest and the put buying is likely stock hedging ahead of event risk - CNBC reported last week that Comcast (CMCSA) will probably provide its new offer for Fox (FOXA) assets, which Disney is trying to acquire, on Wednesday after today's anticipated ruling on the AT&T (T) - Time Warner (TWX) verdict.
Tickers featured: CHV, COP, HD, HOLX, PFE, SNE, TWX. Complete text approximately 3000 words.
After a federal judge cleared the way for AT&T's (T) $85.4B purchase of Time Warner (TWX), other publicly traded companies with pending deals are moving higher.
Following the approval of AT&T's (T) proposed takeover of Time Warner (TWX), other companies seeking approval of large transactions were moving in after hours trading.
Tickers featured: AMGN, BA, BAX, CYH, ERTS, FRE, GE, HCR, JBLU, LIZ, MSFT, PFE, STJ, TWX, TXN, VIA, WYE.
After earning $4M domestically from Thursday night previews, Time Warner's (TWX) Warner Bros.