Definitions and Basics. Definition: Market failure, from Answers.com An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers does not equate to the quantity supplied by suppliers.
MarketWatch News on NUVA. 1  Nasdaq traverses uncharted territory, S&P 500 holds the range top. 2  NuVasive stock price target raised to $74 from $55 at J.P. Morgan. 3  NuVasive upgraded to overweight from neutral at J.P. Morgan.  U.S. benchmarks digest Brexit-fueled whipsaw, S&P 500 tops near major resistance.
However, the deal fell through when Wachovia balked at MBNA's purchase price. Within a week of the deal's collapse, MBNA entered into an agreement to be purchased by Wachovia's chief rival, Bank of America. Wachovia is set to get $100 million out of this deal.