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August 24, 2009
Reader’s Digest Files for Bankruptcy Protection (Update2)
“Our business operations remain solid, with anticipated fiscal 2009 revenue down only by low single digits,” Chief Executive Officer Mary Berner said in today’s statement. She said Aug. 17 in an interview that Reader’s Digest may emerge from bankruptcy in 45 to 90 days.
Business operations remain solid? Bankruptcy? These two phrases belong in the same paragraph? I'm experiencing serious reader's indigestion.
Housing January 5th Weekly Update: Inventory Down 2.2% Week-over-week
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Altos reports that active single-family inventory was down 2.2%
week-over-week.
Note that Inventory usually bottoms seasonally in January or February.
T...
1 hour ago
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