tumbling: search

Bank of England Housing Equity Withdrawal - Economic Data Preview

Tumbling real estate values are expected to see the Bank of England’s Housing Equity Withdrawal measure fall -3.3 billion pounds in the third quarter, following the first negative reading in a decade in the three months through June. A negative figure means that Britons put 3.3 billion more into their homes (via mortgage payments, for example) than they were able to get back in borrowing against their value. Naturally, that’s 3.3 billion less that is available for consumption and investment, weighing on overall economic growth. House prices have fallen 10.2% through December since peaking in May according to Rightmove PLC, an firm listing for-sale properties online.

Sanyo - PLV-Z700

With prices tumbling, projectors are fast becoming a realistic alternative to large-screen LCD or plasma TVs. Sanyo's latest, the PLV-Z700, features a 16:9 native resolution of 1,920 x 1,080, which means it's perfect for Full HD (1080p) content.

Retailer Best Buy suffers from retreating value of its stake in Carphone Warehouse

Best Buy's third-quarter profits have taken a $100m hit to reflect the tumbling value of its near-3 per cent stake in Carphone Warehouse, as the retail giant revealed that it is to slash jobs and capital expenditure amid the "most challenging environment" it has ever faced in the United States.

Selectors accused of dropping the ball

THE national selectors have been accused of ignoring the decline of Matthew Hayden to the detriment of Australian cricket in the same way the West Indies clung to their heroes before tumbling from grace.

Selectors blasted for poor planning

AUSTRALIA'S selectors have been accused of ignoring the decline of Matthew Hayden to the detriment of the team in the same way the West Indies clung to their heroes before tumbling from grace, and of failing to plan for the retirement of the man they miss most, Shane Warne.

Trojan horse gang robs old-age village

HEADLINES: New Year drunk driving down... | Red-flagged Gauteng schools pull up socks | Motlanthe to attend Nsibande's funeral | Mbeki 'to undergo spiritual rebirth' | Cricket heroes in the money | Suspects caught washing bloodstained clothes | Burnt pregnant woman dies | Gavin blackburn dies | Teen survives abseiling accident | Beach restaurant comes tumbling down | More Stories... INDICATORS: R/$ 9.30 R/€ 12.92 R/£ 13.52 Gold $/oz 875.80 JSE Alsi 21764.90 | More Indicators...

Todays iWitness news: Macworld fallout, iPhone games, French twist

Personally I’m inclined to take Apple’s explanation for dropping out of Macworld Expo at face value (see “Smackworld — Apple and Jobs won’t be back“). Apple has the enviable ability to capture the attention of an eager world simply by sending out vaguely worded invitations to an “event.” It doesn’t need a trade show stage to get coverage, and it doesn’t need a trade show schedule influencing the timing of its product introductions. But, as expected, there are plenty of folks willing to draw some broader conclusions, including investors who sent Apple’s stock price tumbling by more than 6 percent.

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