Global Investing Roundups Tuesday, December 16th, 2008
Contrarian Profits (December 16th, 2008) Writes:
MAN AG Buying VW Brazil Unit; Siemens Settles Probe for $2 Billion; Mattel Pays $12 Million for Tainted Toys; Ireland Banks Getting a Bailout; Housing Market Facing Confidence Collapse; Boeing Raises Dividend; U.S. Homes Lose $2 Trillion in Value
German manufacturing and engineering titan MAN AG said it will acquire Volkswagen Truck and Bus from Volkswagen AG (OTC: VLKAY). The 250-year-old MAN AG is Europe’s third-largest truckmaker, and this purchase marks its first major South American investment, Bloomberg reported. Siemens AG (ADR:SI) will pay more than $1.3 billion to settle corporate corruption charges that ...bloomberg, Boeing Co, cent;, contrarian profits, EUR, Europe, Germany, Heinrich von Pierer;, Ireland, Ireland government;, Klaus Kleinfeld, MAN AG Buying VW Brazil Unit;, MAN AG;, Market Commentary, Mattel Inc., National Association of Home Build, National Association of Home Build, paint, Reuters, Siemens Ag, Stan Humphries;, United States, USD, Volkswagen AG, wells fargo


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