The son of Mexican maganate considers the fact that Carlos Slim has become the world’s richest man is not cause for celebration, because it has always invested and now it is the beginning to get fruit out of the investment. Carlos Slim, the son of an immigrant who worked as a shopkeeper and collected a [...]
Mar
11
2010
11
2010
Mar
11
2010
11
2010
Slim is the world’s richest: Forbes
There are 9 Mexicans among the most powerful on the planet : Carlos Slim is world’s richest man today,12 months were enough to recover 18 thousand 500 million dollars, of which 25 billion lost in the crisis, enough to accumulate a fortune today 53 thousand 500 million, making it the richest man on the [...]
Feb
13
2010
13
2010
Record turnover for Berkshire stock
The trading of Berkshire Hathaway Inc. Class B stocks reached record highs in the NYSE’s closing auction and ended the day mildly in positive terrain at $76.90 on the back of 316 million shares traded. The average daily volume in the class B stock after a split 50-to-1 intended to help carry out the acquisition [...]
Jan
6
2010
6
2010
Kraft manages only 1.5% nod from of Cadbury
Amidst the entire hullabaloo, Kraft on Wednesday said that it has got positive response from only 1.52 per cent of Cadbury shareholders for buying stake in the company. The deal, which at present is valued at $16.8 billion and is expected to go up, is open till February 2.
The nod came from the shareholders holding [...]
Jan
4
2010
4
2010
Worst year for Berkshire in a decade
Though stock markets worldwide showed signs of recovery in 2009, Warren Buffett’s magic touch could not help Berkshire Hathaway Inc.’s shareholders much at the bourses. The company posted its worst performance of the decade in 2009 as compared to the indices. Its shares advanced only 2.7% during last year as against about 23% return offered [...]