German building company Monier has taken over an Austrian roofing expert in full, it was announced today (Tues). View full post on Business Stories
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Emerging Nations Gain in G-20 Deal
October 23rd, 2010
davidguide Finance officials of the world’s leading industrial powers agreed to reshape the International Monetary Fund to give fast-growing countries like Brazil, China and Turkey a bigger stake. View full post on Business Stories
GM: Treasury’s Citi stake poses conflict in IPO
October 14th, 2010
davidguide SAN FRANCISCO (MarketWatch) — General Motors Co. said Thursday that the Treasury’s ownership of Citigroup shares poses a conflict of interest in its pending initial public offering. GM noted that the Treasury owns about 3.6 billion of Citi’s common stock, equivalent to a 12.4% stake of outstanding shares, which constitutes a conflict under FINRA regulations. [...]
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