23.9.13

Most Active Stocks - Less Than $10 - Monday Sep 23, 2013

From: Google Finance

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Click to read - BlackBerry Ltd. said Monday that it has signed a letter of intent with a consortium led by Fairfax Financial Holdings Ltd. to take the smartphone maker private in a deal worth $9 per share. Due diligence by the buyers still needs to be completed, and financing still needs to be arranged. But if successful, the deal could mark a close to a dramatic turn of events for the company that pioneered and once ruled the smartphone market — only to see its market share get gobbled up by competitors such as Apple and Samsung to such a degree that its remaining business is teetering.


Click to read - In the late 1980s, University of Chicago professor Robert Aliber proposed, partly in jest, what he called the Andy Warhol theory of economic growth: “In the future every country will grow rapidly for 15 years.” He had in mind the plethora of so-called miracle economies that seemed to take off one after the other in the postwar era. In every case, decades of high growth, almost always driven by very high levels of investment, eventually faltered.

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