Business news for Mon, 31 Dec 2007 & with word value. 8 news.

Funds dedicated to growth companies had surprisingly solid gains for 2007, withstanding market turbulence that usually pummels ...

SAN FRANCISCO (MarketWatch) -- Consolidated Mercantile Inc. has completed the sale of Polyair Inter Pack Inc. to Glencoe Skydome Holdings, an affiliate of Glencoe Capital, in a private deal for $6.2 million. The sale has been under consideration as a part of the company's continuing evaluation of potential strategies to maximize shareholder value, according to Consolidated Mercantile.

An average of £20,000 will be wiped off the value of every home by next Christmas, it has been claimed

SAN FRANCISCO (MarketWatch) -- Gold futures fell for the first time in six days on Monday, as the dollar, which tends to move in the opposite direction of gold, rose for the first day in six against a basket of major currencies. Gold futures for February delivery lost $3.7, or 0.4%, to $839 an ounce on the New York Mercantile Exchange. It fell to an intraday lower of $836.1 earlier. The dollar index, which tracks the value of the greenback against a basket of major currencies, moved up for the first time in six days. The dollar also gained against the euro.

Added Value, WPP's brand-development business, has acquired Cheskin, an innovation consulting firm. The renamed Cheskin Added Value brings a strong presence in the tech sector, design strategy expertise and a solid understanding of the U.S. Hispanic market to its parent company.

About $40bn in value could be wiped from Rio Tinto's market value if it abandons BHP's proposed merger bid, UK newspaper Sunday Times has reported.

Saudi Basic Industries Corp., the world's biggest chemicals maker by market value, said it plans to increase the number of its shares outstanding by a fifth through issuing one andquot;freeandquot; share for every five held.

The value of fines handed out by the City watchdog has fallen to its lowest level in six years.