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SHORT-TERM INVESTMENTS: (Tables)
6 Months Ended
Jun. 30, 2015
SHORT-TERM INVESTMENTS:  
Schedule of short-term investments

 

 

Short-term investments were as follows ($ in millions):

 

 

At June 30,
2015

 

At December 31,
2014

 

Trading securities

 

$

569.0 

 

$

333.7 

 

Weighted average interest rate

 

0.52 

%

0.78 

%

 

 

 

 

 

 

Available for sale

 

$

4.3 

 

$

4.9 

 

Weighted average interest rate

 

0.49 

%

0.44 

%

 

 

 

 

 

 

Total

 

$

573.3 

 

$

338.6 

 

 

 

 

 

 

 

 

 

 

Summary of activities in short-term investments

 

 

The following table summarizes the activity of these investments by category (in millions):

 

 

Three months ended

 

Six months ended

 

 

 

June 30,

 

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Trading securities:

 

 

 

 

 

 

 

 

 

Interest earned

 

$

0.2

 

$

1.1

 

$

0.5

 

$

2.5

 

Unrealized gain (loss) at the end of the period

 

$

(0.2

)

$

1.7

 

$

(0.2

)

$

1.7

 

 

 

 

 

 

 

 

 

 

 

Available for sale:

 

 

 

 

 

 

 

 

 

Interest earned

 

(*

)

(*

)

(*

)

(*

)

Investment redeemed

 

$

0.4

 

$

0.2

 

$

0.6

 

$

0.2

 

 

 

(*) Less than $0.1 million