General Electric Co, the world's second largest car manufacturer plans to expand its business in South Korea and agreed to buy Hyundai Motors share in their credit card unit. General Motors GE, that's based in Fairfield, Connecticut, will buy 204 billion won ($199 million) shares in the Hyundai Motors credit-card unit from South korea's largest automaker.
GE would buy shares from Hyundai Motor’s new equity issued by the credit-card company, that would bring its stake to 43%, Edaily reported. This share would enhance and expand GE's alliance with Hyundai Motors, ie South Korea's second largest automobile manufacturer. With this GE joins the league of Samsung, LG to recapitalize their credit card business.
The filing of the sharing mentions that GE would attain these shares in September. In order to buy the new-share credit the automaker would invest 143 billion dollars.
Friday, January 22, 2010
General Electric agrees to buy Hyundai shares
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真正的友誼，有如健康失去時，始知其價值..............................
Dear Visitor,
Market is showing some good move. Nifty traders are now confused if
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Regards
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Dear Visitor,
Market is showing some good move. Nifty traders are now confused if they should go short in Nifty from current level of 5400 or should go further long. NSE and BSE are the two major stock exchanges of Indian stock market. Keeping in mind that many investors and traders are very much confused with the current market move, we have stared posting " title="technical research reports"> technical research reports These reports are highly accurate and are available for free.
Regards
Stock market investment if done with proper research and updated knowledge than it can give very lucrative results. There are four basic golden rules of stock market which are to be followed. (thebuzzingstreet1@gmail.com)www.buzzingstreet.com
Nifty is on its peak now and is turning volatile. Investors are suggested to book long delivery positions soon. As after some more upmove we can see profit booking in the market soon. Investors are suggested to grab quality stocks at lower level again.
Dear Visitor,
Market is showing some good move. Nifty traders are now confused if they should go short in Nifty from current level of 5400 or should go further long. NSE and BSE are the two major stock exchanges of Indian stock market. Keeping in mind that many investors and traders are very much confused with the current market move, we have stared posting " title="technical research reports"> technical research reports These reports are highly accurate and are available for free.
Regards
Stock market investment if done with proper research and updated knowledge than it can give very lucrative results. There are four basic golden rules of stock market which are to be followed. (thebuzzingstreet1@gmail.com)www.buzzingstreet.com
Nifty is on its peak now and is turning volatile. Investors are suggested to book long delivery positions soon. As after some more upmove we can see profit booking in the market soon. Investors are suggested to grab quality stocks at lower level again.
Hi,
Lot of global tensions is going on at this time. Japan is expected to pull out its money from the global market as they want to revamp their country now. In current scenario anything can happen in the Share market Investors are advised not to panic and stay invested only safe traders and investors should exit their long positions on every high and one can use every decline as an opportunity to enter market again.
Regards
SHARETIPSINFO TEAM
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If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
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If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
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