Microsoft buys LinkedIn – Smart Move or Dumb Move?

Microsoft’s core PC business of office applications and Windows operating systems is in decline so it needs new sources of revenue.  It is splashing out $26B to buy social media business LinkedIn. Will this move add value for Microsoft shareholders or destroy it? The omens are not good. Business leaders love to flex their muscles and use shareholders’ funds to buy other businesses. This... Read More--

How are the Mighty Fallen

The FTSE 100 (Financial Times Stock Exchange) is an index of the value of the 100 largest companies on the London Stock Exchange measured by market capitalisation. It was created on 1st January 1984 with a value set at 1000 and recently it has been in the 6700 to 7000 range. Of the 100 companies which made up the first FTSE100 list fewer than 20 remain on it today. A similar story of high turnover... Read More--