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Back to Home > Thursday, Mar 16, 2006 email this print this '); '); } General Motors Corp... GM weighs new bid for GMAC, Journa

Back to Home > Thursday, Mar 16, 2006 email this print this '); '); }

General Motors Corp. is considering a bid of $12.5 billion to $13 billion for a majority stake in its financing arm from a group led by New York private-equity firm Kohlberg, Kravis & Roberts and some banks, the Wall Street Journal reported yesterday.

The newspaper said the nonbinding bid for the stake in Genera...

DETROIT -- General Motors Corp. is considering a bid of up to $13 billion US for control of its f... New bid made for GMAC...

DETROIT -- General Motors Corp. is considering a bid of up to $13 billion US for control of its financing arm from a group led by a giant private-equity firm and some banks -- including the Bank of Nova Scotia -- the Wall Street Journal says.

The newspaper said yesterday a non-binding bid from the banks and Kohlberg, Kravis & Roberts for the stake in General Motors Acceptance Corp. gives ...

Ever wished you could ask the jerk who just cut in front of you on the road why he or she didn't... Lane excuses for motorists.

Ever wished you could ask the jerk who just cut in front of you on the road why he or she didn't signal the lane change? Well, a car insurer in Connecticut did ask people nationwide, and some of the answers might make you take the train from now on.

Seven percent of drivers who admitted that they don't always signal lane changes told the pollsters for Response Insurance of Meriden that ...

The embarrassment of riches doesn't belong to Ralph Klein and the Alberta Tories alone – Canada... Cashing in on cars...

The embarrassment of riches doesn't belong to Ralph Klein and the Alberta Tories alone – Canada's property and casualty insurance companies are raking it in again at record rates.

Statistics Canada – the country's supposed taxpayer-funded info agency – quietly released the 2005 pre-tax profit numbers for the country's insurers last week. But don't look on the Statistics Canada web pa...

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Report: GM considering new bid for its financing armPrinter friendly version Comment on this ... Report: GM considering new bid

Report: GM considering new bid for its financing arm

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DETROIT -- General Motors Corp. is considering a bid of $12.5 billion to $13 billion for a majority stake in its financing arm from a group led by New York private-equity firm Kohlberg, Kravis & Roberts and some banks, The Wall Street Journal...

HA NOI —Vietnamese teaexports reached about US$11 million in the first two months of the year,acc... Nation’s tea exports hit $

HA NOI —Vietnamese teaexports reached about US$11 million in the first two months of the year,according to the Viet Nam Tea Association (Vitas).

However, the associationnoted average prices slipped to $1,026 per tonne- $77 lower than those duringthe same period last year- on exports to major markets including Pakistan,Taiwan, Russia, Germany, mainland China, Indonesia, Poland, the United ...

Warren Buffett's annual letter to Berkshire Hathaway shareholders was released over the weekend.... Some Lessons From Warren Bu

Warren Buffett's annual letter to Berkshire Hathaway shareholders was released over the weekend. Readers will find plenty of investing lessons among the twenty-three pages. Warren began this letter as he begins each letter, by stating Berkshire's change in per-share book value:

"Our gain in net worth during 2005 was $5.6 billion, which increased the per-share book value of both our Clas...

Pantaloon Retail's sales in February 2006 have reverted to average levels of about Rs 150 crore,... INSIGHT: Reversion to mean.

Pantaloon Retail's sales in February 2006 have reverted to average levels of about Rs 150 crore, after the company's ‘Maha Savings Scheme' in the last week of January had led to sales of over Rs 200 crore for that month. February's sales stood at Rs 156.8 crore, more or less in line with the average monthly sales of Rs 150.2 crore in the period between July and December 2005. In growth term...

Stocks traded in a narrow range with investors, digesting recent big gains and awaiting the Feder... 10-Year Bond Recovers...

Stocks traded in a narrow range with investors, digesting recent big gains and awaiting the Federal Reserve survey of regional economic conditions. Better-than-expected earnings from Lehman Brothers Holdings Inc. and raised outlook by DuPont Co failed to impress market significantly. The Dow Jones traded in a narrow range, currently down around 3 points. The Nasdaq also remained near the flat l...