Investing
China Releases Obstacle to Buying Google
Google announced on Saturday that the Chinese authorities approved its acquisition of Motorola. Google will buy the maker of cell phones by 12.500 million. With that, the technology may enter for the first time in the manufacture of cell phones, tablet scans and other consumer electronics. In addition, Google will have access to more than 17,000...
Is Facebook as Big as They Claim to Be?
The Facebook IPO scheduled for this week is generating a wave of euphoria on Wall Street. But the enthusiasm did not always translate into money carts for investors. Facebook is listed on the midpoint of the estimated range of 28 to 35 cents a share, start ing with a market capitalization of about $86 million dollars. That...
Copper Can Be a Good Investment Option
Forget gold and oil, copper is in as a leading indicator of the global economy. This commodity had beaten gold and oil in terms of price too. Based on latest economic reports, we find copper prices have exploded nearly 200% while oil and gold prices indicates an increase of 70%. And, market studies show this...
Facebook’s Market Appetite Control
NEW YORK – Facebook on Tuesday closed the books of their gigantic IPO of 10.600 billion, according to a source familiar with the deal. The biggest social network is scheduled to put its shares on Thursday to begin trading on Friday. Facebook stopped accepting orders for the IPO two days ahead of schedule. The company...
Buffett Gives “unlike” to Facebook
OMAHA – On Monday, Facebook started the road show of its highly anticipated initial public offering. However, the promotional campaign will not convince two men: the legendary investor Warren Buffett and Charlie Munger, Berkshire’s 88-year-old vice president. Despite the publicity, Buffett and Munger are not interested in investing in Facebook, or on their own behalf...
H & M Refines Plan to Conquer Mexico
The growth plans of the clothing chain H & M goes beyond having only one store in Mexico, since the firm will hire at least 100 people who will lead the efforts to open its next stores in the national territory. “We closed the deal with Centro Santa Fe in January this year and currently we...
Audi Estimates Lower Investment in Mexico
Audi, the luxury car unit of Volkswagen, plans to invest less than $2 million on a new SUV plant in Mexico. This was said Thursday by Audi CEO, Rupert Stadler, without giving an exact figure. “We’re talking about 150,000 units, it does not need to $2 million,” said Stadler. Audi had unveiled on Wednesday their...
Spain Prepares Defense of YPF Oil
Spain will give “the most appropriate response” to the announcement of Argentina to send Congress a bill that allows the expropriation of the subsidiary of Repsol YPF. This was said Monday by the organization’s secretary-general, Maria Dolores de Cospedal. “The government has to decide what answer to give, but I doubt it would be the...
“Dirt on gulf”, reports Shell
NEW YORK – The oil company Royal Dutch Shell said that in the Gulf of Mexico they have sighted an oil slick, about 25 square kilometers. Shell said Wednesday afternoon that the stain was reported to the National Response Center, the federal agency to which notice of any environmental contingency. The company said the oily...
Japan invests $35 million in Guanajuato
With an estimated investment of $ 35 million, the Japanese company Nishikawa Cooper will begin operations in the coming weeks within the Guanajuato Inland Port logistics center, located in the town. The company specializes in the manufacture of rubber and glass for the automotive industry, expected to generate 370 new direct jobs in Silao, informed...
Su Casita Mortgages
MEXICO CITY - Su Casita Mortgage seeks to build a new business plan to gain access to credit lines of the Federal Mortgage Society (SHF), and resume operation with this funding and remain a going , sources of the company. “An analysis of alternatives that could enable Su Casita to remain on the market. However, we...
Guest bet on low-cost hotels
As part of its vocation to be more real estate owner operator, Grupo Posadas covenanted agreements with investors to manage 53 new hotels to be in operation between 2012 and 2014 with a major emphasis on the economy segment brand or low-cost, called One Hotels. These projects involve a total investment of 374 million dollars...
