Word: stockly
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Porsche and Piech families together own about 50% of the common stock of Porsche Automobil Holding SE, which in turns owns more than half of VW stock. And the two companies have been working ever more closely together, including sharing a slew of joint operations. The Porsche Cayenne SUV and its VW equivalent, the Touareg, for example, share the same chassis and are built in the same plant. (See the most important cars of all time...
...family discord has been on the rise since 2005, when Porsche's fiercely independent CEO Wendelin Wiedeking started buying up VW stock in order to safeguard the luxury sports carmaker's future. His vision was to merge the two companies into a single holding that would create substantial economies of scale and enable Porsche to avoid being penalized under new European rules governing auto emissions and fuel consumption standards; by being part of the bigger VW group with its range of low-emission, fuel efficient cars, Porsche's sports cars wouldn't stand out, Wiedeking reasoned...
...Legislative Analyst Office and the Tax Foundation, California has comparatively high sales taxes and rates for corporate income, but very low property taxes. State income taxes are very progressive, with a large proportion of revenue comes from households earning more than $100,000, as well as from taxes on stock options and capital gains. Low-income households, meanwhile, face lower tax rates that in most other states. This tax system, says Steve Peace, director of finance under Gov. Gray Davis, "worked in a highly leveraged, supercharged economy. Those days are gone...
...dotcom and property bubbles before it, the nascent IPO mania is being inflated by outsize expectations and good old-fashioned greed. Retail investors are growing tired of keeping their cash in banks that pay next to nothing in interest and are increasingly fearful of missing out on the stock market's continuing rise...
...Have Ben Bernanke's green shoots magically turned into tropical forests overnight? Hardly. There may be some justification for how stock-market indexes in the U.S. and Hong Kong have soared from their lows in March, when it seemed the global economy was sliding off a cliff. But this incipient IPO mania is a different story. Investors are bidding up the stocks of Chinese companies not because their shares had been unfairly pummeled, but because of expectations for future growth that...