Word: recessional
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The results of both companies put side by side are a true indication of what the recession has done to the media, old and new. With the exception of Google (GOOG), the life has gone out of the business of making big profits in the content business. Since Google is...
The market has been worried about newspapers for two or three years. Large Web properties, including Yahoo!, MSN, AOL and CNN.com, were not a big concern to Wall Street. They were supposed to grow at a rate of 20% a year, unabated, forever. That has not worked out as planned...
See 10 things to buy during the recession.
Most mortgages for commercial real estate - office and apartment buildings, hotels, industrial warehouses and shopping malls - are structured as 5-to-10-year loans. After that, the loan is normally refinanced. But the recession has eroded the fundamentals of even good refinancing candidates. Property values have plummeted, with sale prices...
See 10 things to buy during the recession.