Archive for August 20th, 2009

America's New Meal: Spam with Ketchup

CHICAGO (Reuters) – Packaged food makers H.J. Heinz Co and Hormel Foods Corp both posted better-than-expected quarterly profits as consumers eat more at home to save money, lifting sales of products like ketchup and Spam. [1] Bon appetite!

Phoenix home prices WILL continue to fall

  ASU professor Karl Guntermann has misread his tea leaves.  He believes Phoenix home prices are "stabilizing": PHOENIX – According to an ASU business study, the housing market is on its way up. Phoenix-area housing prices are declining at a slower rate than earlier this year, the study found. This leads some to believe the worst is over in terms of the rate of decline in house prices — since prices seem to be stabilizing since February and March. Although the housing market itself remains volatile, the median home price in metro Phoenix looks like it already hit rock bottom….
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