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	<title>Financial News &#124; Bank Rates &#124; Credit Card Reviews &#124; Debt Management &#187; Stocks</title>
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		<title>Spyker Shares Increase with Saab Deal</title>
		<link>http://www.financefuse.com/spyker-shares-increase-with-saab-deal/</link>
		<comments>http://www.financefuse.com/spyker-shares-increase-with-saab-deal/#comments</comments>
		<pubDate>Fri, 29 Jan 2010 00:28:30 +0000</pubDate>
		<dc:creator>Mr. Finance</dc:creator>
				<category><![CDATA[Stocks]]></category>

		<guid isPermaLink="false">http://www.financefuse.com/?p=5</guid>
		<description><![CDATA[General Motors recently announced that they are receiving a number of inquiries from interested parties about the Saab deal. While they did not reveal the details of these queries, they did say that one of the bidders was Spyker- the Dutch car maker which put forth an offer for the Swedish company. Following this disclosure, General Motors announced on January 26, 2010 that they had made a deal with Spyker and closed the agreement. Assuming [...]]]></description>
			<content:encoded><![CDATA[<p>General Motors recently announced that they are receiving a number of inquiries from interested parties about the Saab deal. While they did not reveal the details of these queries, they did say that one of the bidders was Spyker- the Dutch car maker which put forth an offer for the Swedish company. Following this disclosure, General Motors announced on January 26, 2010 that they had made a deal with Spyker and closed the agreement. Assuming that the regulatory bodies in charge and the Government will approve the deal, all the formalities attached to the sale are expected to be completed by mid-February this year.</p>
<p>The stakeholders and Victor Muller- the chief executive of Spyker are very confident about the deal and are sure that it will help strengthen future prospects of the Dutch company. They are definitely on the right track as Spyker shares increased by 29 percent, according to media reports. Investors are very interested in this new agreement and are eagerly awaiting the launch of new and improved models by the new company. The new entity is going to be recognized as Saab Spyker Automobiles. According to the deal, General Motors will continue supplying Saab with their technology which includes transmissions and engines. In addition to that, GM will also deliver completed models such as the Saab 9-4x. Saab Spyker Automobiles will also take a loan in order to meet future deadlines and requirements. Sources reveal that the Swedish Government has agreed to help the company with their finances.</p>
<p>The sharp rise in prices is seen as a show of approval by the market towards the deal and raises expectations of a turn around in the fortunes of the company&#8217;s fortunes. Victor Muller says that he is all for saving the brand that has been around for many years. Apart from saving this iconic brand, they are also looking for ways and means to save the livelihoods of more than three thousand Saab employees in Sweden. Both Saab and Spyker have proven in the past that they are reliable, trustworthy and dependable- which is why the investors are extremely happy with the new deal.</p>
<p>The Dutch company has faced a number of financial problems recently, suffering a 400 million euro loss in the last fiscal year which reduced its stock to nearly junk. General Motors hopes to change the entire mission of the company and help it achieve the goals it had set for itself initially but never achieved due to perceived mismanagement and underinvestment, according to auto analysts.</p>
<p>A number of speculators were uncertain that the deal would fall through but they were proven wrong when Spyker purchased the company for 74 million (cash) as well as shares worth 326 million dollars. Therefore, the net worth of the company is 400 million dollars. While some terms and conditions are yet to be disclosed, both the companies are extremely hopeful and are eagerly waiting to start building new models for their equally hopeful investors.</p>
<div class="aizatto_related_posts"><span class="aizatto_related_posts_header" >Related Posts</span><ul></ul></div>]]></content:encoded>
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		<title>Apple Shares Rise Over New Ipad Release</title>
		<link>http://www.financefuse.com/apple-shares-rise-over-new-ipad-release/</link>
		<comments>http://www.financefuse.com/apple-shares-rise-over-new-ipad-release/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 05:32:23 +0000</pubDate>
		<dc:creator>Mr. Finance</dc:creator>
				<category><![CDATA[Stocks]]></category>

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		<description><![CDATA[Today was a huge day for Apple (AAPL  207.01, -0.87, -0.42%)  which rose after the much anticipated iPad. The new iPad was shown off by Steve Jobs today, and has people definitely excited. 
The iPad, which is a new touch-screen tablet PC which looks much like a big iPhone at first glance. Chief Executive Steve Jobs says the iPad will revolutionize how people access their digital content and change the future of personal [...]]]></description>
			<content:encoded><![CDATA[<p>Today was a huge day for Apple (AAPL  207.01, -0.87, -0.42%)  which rose after the much anticipated iPad. The new iPad was shown off by Steve Jobs today, and has people definitely excited. </p>
<p>The iPad, which is a new touch-screen tablet PC which looks much like a big iPhone at first glance. Chief Executive Steve Jobs says the iPad will revolutionize how people access their digital content and change the future of personal computing. That is yet to be seen, but for now millions of Apple fans are pumped about the new product which has given Apple as well as the Technology sector a much needed boost.</p>
<p>As the iPad goes on sales in the next 60 days, be looking at Apple stocks jumping again in price as consumers scurry for the first batch available. The iPad will also be available with a 3G network ready unit within 90 days. The first non 3G will go on sale for $499 followed by the 3G model for $829. While the first seems more palatable, only time will tell how consumers will react to the second price tag with the current economic condition. </p>
<p>Steve Jobs also says that the new iPad fills a gap between the Laptop, iPhone and iPod. Bringing in a whole new category will raise lots of questions for investors, but could be another big bold move which pushes Apple even further into the country of acceptable innovation to its current and growing list of consumers.</p>
<div class="aizatto_related_posts"><span class="aizatto_related_posts_header" >Related Posts</span><ul></ul></div>]]></content:encoded>
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