Microsoft writes down aQuantive

Source: BBC
Microsoft declared that its biggest acquisition in the Internet sector was totally ineffective and "did not accelerate growth to the degree anticipated, contributing to the write-down". The company purchased aQuantive for USD6.3 billion  in cash attempting to surpass Google in search-related advertising. Despite the announcement, shares of Microsoft in after-hours trading slightly changed dropping to USD30.28 after standing at USD30.56 in Nasdaq trading.
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Tue, 03 Jul 2012 11:52:34 GMT

US office market recovery slows down

According to Reis Inc., US office property market, which started to regain strength 1.5 year ago, decelerated its speed of recovery in the last three months. Increased unemployment and uncertain economic outlook both weighted down on the office market . As a result, there was no change in vacancy rate and slight lift in prices. Businesses seem to be skeptical

Tue, 03 Jul 2012 11:41:35 GMT

BRICs will constitute a fifth of the global economy

Four most rapidly developing markets are enriching the world's economy more than ever before, creating  the biggest valuation opportunities for investors in the last seven years. In the meantime, the stock-market value of BRICs' has declined by 16% according to Bloomberg. O'Neill, who helps oversee USD824 billion, said the stock markets of BRIC are likely to double by 2020 creating

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