Above is a chart of the S&P 500′s trailing 12-month P/E ratio over the last 15 years. In the chart, we have pointed out where the P/E ratio stood when the S&P hit its highs back in 2000 and 2007. As shown, at the March 2000 bull market peak, the S&P’s P/E ratio was all [...]
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Yahoo has reached a deal to acquire Tumblr for $1.1 billion. Understandably, a chunk of Tumblr’s 117 million users are shocked over the news. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. [...]
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Once a year, streets all over the world from Monte-Carlo to Macau transform into professional racing circuits to play host to some the greatest drivers and cars in the world. Parking lots are turned into paddocks, parks are re-modelled with grandstands, and intersections on the road become high-speed overtaking points in battles for world championships [...]
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A modern, cutting-edge INDABA 2013, which significantly enhanced networking connections to stimulate tourism trading between buyers and exhibitors, was the hallmark of the most advanced edition of Africa’s top travel show to date. Taking a practical technological leap, while staying true to the importance of personal interaction to grow South Africa’s tourism industry, was the [...]
Full storyYahoo has reached a deal to acquire Tumblr for $1.1 billion. Understandably, a chunk of Tumblr’s 117 million users are shocked over the news. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. [...]
The latest rankings of the International Congress and Convention Association (ICCA) – a global body with more the 950 members in 88 countries – have confirmed what many people already knew: that the “City of Gold” is one of fastest-growing hubs for global business meetings and other major international events. The ICCA’s rankings show that [...]
