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Old 01-23-2002, 17:49   #1 (permalink)
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Another Big name Falls: K-Mart Crumbles

K-Mart, whose shares traded as high as US$20 in mid 1998 filed for bankruptcy yesterday as its shares dropped to US$0.69. This is the biggest retail bankruptcy in the US.

K-Mart Australia is only partially affected since the local arm is a venture by Coles-Myer.

Looks like being big isn't a guarantee anymore.....
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Old 01-23-2002, 17:52   #2 (permalink)
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Another big name falls... looks like being blonde and busty isnt the recipe either...

Mariah Carey has been dumped by Virgin/EMI records, with a payout totalling $94 million after her breakdown and the flop of her latest album.
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Old 01-23-2002, 17:53   #3 (permalink)
 
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frown

That is shocking news.

You are right. There are no guarantees anymore
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Old 01-23-2002, 18:03   #4 (permalink)
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Holy Crap!.. Is nothing sacred these days?

Next thing you know Coke & Macca's will go to the wall!!
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Old 01-23-2002, 18:04   #5 (permalink)
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Quote:
Originally posted by HSE2
There are no guarantees anymore
We can still rely on taxes and death.
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Old 01-23-2002, 18:07   #6 (permalink)
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Quote:
Originally posted by XR8chic
Another big name falls... looks like being blonde and busty isnt the recipe either...

Mariah Carey has been dumped by Virgin/EMI records, with a payout totalling $94 million after her breakdown and the flop of her latest album.
She went downhill in big way hey??? I'm not a fan of her music, but her latest stuff is an absolute shocker...
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Old 01-23-2002, 18:10   #7 (permalink)
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Quote:
Originally posted by FM
Holy Crap!.. Is nothing sacred these days?

Next thing you know Coke & Macca's will go to the wall!!
I'm not fussed about macca's, although it's good after a big night out. Coke cannot go anywhere though, need it for bourbon everything else just doesn't taste right....
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Old 01-23-2002, 18:14   #8 (permalink)
 
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Originally posted by Venom XR


We can still rely on taxes and death.
Has to be one. thought we were talking about work.
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Old 01-23-2002, 18:34   #9 (permalink)
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Quote:
Originally posted by Jase_ELXR8
I'm not fussed about macca's, although it's good after a big night out. Coke cannot go anywhere though, need it for bourbon everything else just doesn't taste right....
True!.. Only problem is they're the same company.. :oo1:
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Old 01-23-2002, 19:40   #10 (permalink)
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Thank god my HIH shares are solid.
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