Its Iridium satellite-based global phone system switches all calls in the sky without using any ground stations, an impossibly difficult task.

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In August, the Maritime and Coastguard Agency (MCA) said it had seen a seven-fold increase in calls sparked by sky lanterns.

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His formula involves adding two main variables: the dealership's assets minus overall debt (also called "net tangible book value"), plus what Hall calls the "blue sky" value, equal to the dealer's pretax income times some multiple between one and six, depending on the health of the operation.

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Their solution was to yield most of the canvas or panel to the gray, fog-and cloud-filled sky (curator Emilie Gordenker, director of the Mauritshuis, calls them "our Dutch mountains"), with blue openings torn into the gray here and there so that spots of sunlight could illuminate parts of the land or water below.

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Later speaking to Sky News, he added that since the charges had emerged he had received hundreds of calls from people wishing to express their support for himself and his family.

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Trading in Timberland options today is relatively calm, but investors who purchased calls on the boot maker back in May are now holding contracts that have sky-rocketed in value just days ahead of expiration.

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