Dec 31
BUSINESS VALUATION Business valuation is a process and a set of procedures used to determine the economic value of an owner’s interest in a business. Business valuation is often used to estimate the selling price of a business, resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among the business assets, establish a formula for estimating the value of partners’ ownership interest for buy-sell agreements, and many other business and legal
Dec 31
In the worst year in history for publishers, newspaper shares dropped an average of 83.3% in 2008, wiping out $64.5 billion in market value in just 12 months.Although things were tough for all sorts of businesses in the face of the worst economic slump since the 1930s, the decline among the newspaper shares last year was more than twice as deep as the 38.5% drop suffered by the Standard and Poor’s average of 500 stocks.The debacle was widespread and thoroughgoing, as detailed below. Here are som
Dec 31
The New York Stock Exchange said it determined that trading in the common stock of yellow pages directories publisher R.H. Donnelley Corp should be suspended, effective January 2.
Dec 31
With the tax loss selling season now in the rear view mirror, the Canadian Markets continued to rebound during Tuesday trading. For the tale of the tape, the TSX Exchange added 2.24%, while the TSX Gold Index was the lone loser falling 2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 4.05% with the advancing issuers beating out the decliners by a 552 to 224 margin on volume of 145 million shares traded. Silvercorp Metals came out after the close and announ
Dec 31
U.S. stocks rise during the final trading session of 2008, as investors take stock of a terrible year for global markets with hopes for a better 2009.