SAIC
By Amanda Buchanan, The Motley Fool
| 6:00PM 9/01/2011
We've all become accustomed to entrusting sensitive personal data to online businesses, and this seems likely to accelerate with the advent of the cloud. So it's an excellent time to be a credentialed cybersecurity expert. But those of us who weren't smart enough to train in this field can still hope to profit from it, through investing.
| 7:36AM 11/13/2010
There is already $60 billion worth of orders for the GM IPO. The tremendous demand indicates that the pricing on the IPO was set too low.
| 8:55AM 11/11/2010
General Motors plans to raise its stake in a joint venture that manufactures small passenger vans for the Chinese market.
| 6:10AM 10/26/2010
Profit tumbled 99% at BYD, a Chinese auto company that makes electric cars. Warren Buffett's Berkshire Hathaway holds a 10% stake in the company.
| 10:50AM 9/21/2010
China's SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM's stakeholders will likely need all the help they can get unloading shares.
| 8:55AM 9/19/2010
The Treasury Department has said that the GM IPO would be open to investors from both inside and outside the U.S. One of the largest car companies in China, SAIC, may want in.
| 7:50AM 12/11/2009
China has overtaken the U.S. as the world's largest car market. The Associated Press reports that research firm JP Power expects China's light vehicle sales will be 12.7 million in 2009, up 44% from the previous year. U.S. car and light truck sales will be only 10.3 million. Four years ago,...