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The ticker, August 28
Published August 28, 2007 at midnight
JUST SO YOU KNOW
The operating costs for yachts are about 10 percent of the purchase price. So a $24 million, 150-foot yacht will cost you about $2.5 million a year to run.
SUN STOCK SYMBOL
Sun Microsystems Inc. changed its Nasdaq Stock Market ticker symbol to JAVA from SUNW as of Monday. Java is the company's programming language, which essentially allows developers to write software applications that can be used on various computing platforms.
IVERSON SELLING PHILADELPHIA HOME
$6.3 million is the listing price of NBA all-star Allen Iverson's 14,000-square-foot, five-bedroom home in an exclusive Philadelphia suburb. He was traded to the Denver Nuggets last year after 10 1/2 seasons with the Philadelphia 76ers.
The home boasts:
Four levels
French-style architecture with Palladian windows
12-person movie theater
Billiard room
Guest suite with a kitchenette
Master suite decorated with crystal chandeliers
Closet with room for 500 pairs of shoes
Pool house, a hot tub and a stream
Source: The Wall Street Journal
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