Australian Property Prices Heading For A Correction?

Home ownership in Australia is struggling to grow. That’s the conclusion from latest research at South Australia’s Flinders University, which found that home ownership in Australia grew only 0.8 percent in the 10 years from 1996. That would be equivalent to negative growth in most economies because unlike many other economies, Australia had a strong [...]

Citigroup Share Falls Below $1 – becomes penny stock

Shares of Citigroup Inc have fallen below $1 per share today touching 98 cents per share! From being the largest bank in the world to being a penny stock has been difficult for the employees (those who survive) and surely the investors.
Even a few months back, nobody could have thought of such low valuations, but [...]

Business Lesson from Recession-hit London Restaurants

Recession-hit restaurants in Britain have started offering free food and major discounts to entice customers, many of whom have stopped eating out frequently following job losses and salary cuts.
Offering free food was one of the ways of beating recession in the 1980s, and restaurant owners are hoping it will work this time too. Hundreds of [...]

Microsoft bids for Yahoo at $44bn

A jumbo deal has been proposed in the Internet space. Here’s some quick analysis:
1. Deal Makes Sense To Microsoft and Yahoo shareholders – exact price point can change a bit on negotiation. This is like a lifeline for Yahoo shareholders who have not been seeing much good news.
2. The real question: can two B+ guys [...]

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