The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

ProLogis (NYSE: PLD) is the world’s largest owner, manager and developer of industrial distribution facilities. The company operates in 118 markets across North America, Asia and Europe, with more than 500,000,000 square feet (46,000,000 m2) owned, managed or under development. Its customer base includes manufacturers, retailers, distributors, transportation companies, third-party logistics providers and other companies [...]

Financiapocalypse has claimed yet another victim. This time it is Office Depot—and they are planning to close 112 stores, or 9% of their North American locations over the next three months.
A list of the store closings has not been made available, but the breakdown will look like this: “45 stores in the Central U.S., 40 [...]

Yahoo! FinanceQuote for BONT

Wall Street hit levels not seen since March 2003, with the Dow Jones industrial average falling below the 8,000 mark.
As the fate of the Big Three automakers hangs in the balance with no bailout in sight, the benchmark Dow index skids nearly 430 points, closing at 7,997. The S&P 500 is also punished
The CEOs [...]

In the most dramatic round of layoffs seen to date in the battered U.S. financial sector, Citigroup Inc. said Monday it plans to cut about 50,000 additional jobs as part of an effort to help stem huge losses sparked by bad investment and lending decisions.

View the full C chart at Wikinvest

You know times are hard when giant companies start to trim down their operational costs by laying off workers, or even worse, closing down stores. Circuit City Stores, Inc., is one of them.
A total of 155 Circuit City stores that are underperforming and deemed to be unable to fit in with the company’s overall [...]

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