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Chiefs Unleashed: Chrysler’s Loss Leader Fiat 500 BEV Electric Car
“The economics of EVs simply don’t work. On the (Fiat) 500 that (Chrysler) will begin selling in the U.S. next year, we will lose over $10,000 (per unit) despite the retail price being three times...
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Deal Talk: Volkswagen Interested in Isuzu Motors
Volkswagen (VOW) is considering buying all or part of Japanese truckmaker Isuzu Motors, a German magazine reported on Wednesday. VW and MAN (MANG), the German truckmaker that is 30 percent owned by VW,...
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Deal Talk: US Regional Banks Seeking Growth Through Acquisitions
U.S. regional banks including BB&T Corp (BBT) and Capital One Financial Corp (COF) are increasingly looking to buy rivals as a way to boost revenue now that they have cleared up the worst of their...
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Deal Talk: Hertz Takes Another Run at Dollar Thrifty
Deal Update: Hertz Global Holdings Inc (HTZ) is taking another run at Dollar Thrifty Automotive Group (DTG), offering close to $2.1 billion as it seeks to trump a rival bid from Avis Budget. Reuters...
View ArticleSmaller Firms Hold Their Own Against Big Brokers in Latest FT/StarMine Rankings
Toni Sacconaghi of Sanford C. Bernstein, one of the most frequently quoted technology analysts on Alacra Pulse, was named the top US earnings estimator in the Financial Times/StarMine 2010 rankings of...
View ArticleDeal Talk: Robert Bosch Looking to Sell Asian Brakes Business
German automotive supplier Robert Bosch (ROBG) is seeking an Asian buyer for its foundation brakes business, which it is hoping to divest by the end of the year, two people close to the process told...
View ArticleDeal Talk: Exchanges Active, Dell Seeking Deals, Northern Rock on Block?
Consolidation in the exchange industry appears set to continue apace with London clearing house LCH.Clearnet (LCH) the latest target. The London Stock Exchange Group (LSE) has denied that it is a...
View ArticleDeal Talk: Garmin Pursuing Rival Navigon
Garmin (GRMN) is in negotiations to buy German maker of navigation devices Navigon for around 50 million euros ($72.14 million), according to the Financial Times Deutschland. Navigon is 90 percent...
View ArticleDeal Talk: Citigroup Unloads Private Equity Assets to AXA
Citigroup (C) has agreed to sell a portfolio of private equity assets to AXA Private Equity (CS) for $1.7 billion, the latest move by the U.S. bank to unload non-core assets. According to Reuters,...
View ArticleDeal Talk: GM May Put European Opel Unit Up For Sale Again
General Motors (GM) is considering putting European arm Opel up for sale again, two German magazines reported. Auto Bild and Spiegel Online said possible buyers could be Chinese carmakers or Germany’s...
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