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Posted by cecilehenson (www.facebook.com) 32 days ago under springhill group amazon gold springhillgrouphome-newsvine-com -springhill grou
I don’t know if this is related to Warren Buffett’s March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance.Tong Yang’s majority shareholder private-equity firm Vogo Fund is planning to sell its up to a 60.7-per cent stake in the insurer valued at about 937 billion won ($809 million).In March, Warren Buffett visited South Korea to help open a new plant for Iscar Metalworking, which Berkshire owns 80%. At the same time, he was on the hunt for what he calls “Elephants”, or large well run companies that he could potentially acquire at a good price.“We’re looking at a number of big businesses in Korea, the U.S., the U.K. We hope to find good companies wherever they may be. Basically, the bigger, the better,” he said at the time.About Tong Yang Life InsuranceTong Yang Life Insurance is part of the Tongyang Group which has 31 divisions across various industries such as utilities, manufacturing, and financial services to name a few. On its insurance website, Tongyang states:TONGYANG Life Insurance was founded in 1989 to provide social security and specialized insurance services. Total assets are currently 12.8 trillion won, with premium income of 3.5 trillion won. (source)
springhillcare - springhillgrouphome.newsvine.com - Springhill Group Home Loans Stock market predictions: What next for shares? | This is Money
Posted by cecilehenson (www.thisismoney.co.uk) 58 days ago under springhill amazon gold bristol stock market predictions-what next for shares-
The FTSE 100 fell 6.5 per cent in 2011 following a 10 per cent rise in 2010. That's disappointing - but it's better than the 15 per cent tumble for Germany and 17 per cent for France.
KEY POINTS Up until the turbulence of 2011, the bulls were in the ascendency - it marked an incredible run. The Footsie's total rally to the mid-February 2011 high of 6091, represented a 73% recovery from the low of 3512 in March 2009. Emerging markets did even better in the bull market phase. The FTSE Emerging Latin America index [Bloomberg chart], rose 87% in 2009 and a further 13% in 2010. But fears for the global economy meant a sharp sell-off for the like of Brazil and China in 2011. The bad debts of banks that crippled the financial system have been passed on to governments (and their taxpayers), hence the sticky mess that emerged last year [more on Britain's debt woes]. Now debt threatens to bankrupt several southern European countries - this reality only sunk in during the summer of 2011 and was the reason for the poor performance of the stock markets in the second half of the year. The FTSE 100 hit a low of 4935 on 19 August - a 20 per cent fall from more than 5900 in July. Fresh hopes for a rescue package pumped markets back up in late October: the U.S. market had its best month since 1974. But the exuberance evaporated in November and December when a solid plan to save the euro continued to evade European leaders. Enlarge The stock m... Amazon.com: Springhill Vellum Bristol Gold 67# Cover 8.5"x11" 250 sheets: Office Products
Posted by cecilehenson (www.amazon.com) 58 days ago under springhill amazon gold bristol amazon-com-springhill vellum bristol gold
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