Geely to Buy Volvo for $1.8bn
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
The Bank of England left interest rates and its quantitative easing program unchanged Thursday, as expected. Lothar Mentel, CIO from Octopus Investments, and Anthony Gibbs from Vantage Capital Markets, discuss the outlook.
As workers struggle to find jobs and the federal government becomes more aggressive on regulation, the US economic recovery will defy trends and make choices more difficult for investors, Pimco’s Bill Gross told CNBC
Pending Home Sales Down 30%.
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.
Discussing whether President Obama is doing enough for small business owners, with Simon Denyer, Reuters and Bernard Whitman, Democratic pollster.
Insight on the markets ahead of the opening bell, with Art Cashin, UBS.