Ford shareholders reject stock proposal Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
In Germany, a U.S. beer invasion Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
Cyprus parliament approves bailout Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
Baby food shortage in Europe due to China demand Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
GM tells how it plans to break even in Europe The 2013 Opel Mokka subcompact crossover ... $1.6 net income despite losing $468 million in Europe. Ford recently announced plans to close one factory in Belgium and two in the U.K. to cut production enough to match depressed demand in Europe, increasing ... 10/31/2012 - 9:32 am | View Link
GM Opel Plans More Job Cuts General Motors Company’s (GM - Analyst Report) European arm, Opel, has reported more bad news. The ill-fated unit now plans to cut its administrative workforce by 30% or 1,000 jobs at its Ruesselsheim headquarters in Germany, according to German ... 09/13/2012 - 10:17 am | View Link
GM Opel Plans More Job Cuts The downsizing will be a part of GM’s 10-year plan “Drive Opel 2022” that includes reduction in personnel costs. In July, the national newspaper also revealed that Stephen Girsky, the President of GM Europe, plans to cut the jobs of 2,400 managers in ... 09/13/2012 - 9:31 am | View Link
GM Reportedly Plans to Reduce Opel’s Administrative Staff by 30 Percent or 1,000 Positions The two insiders said that GM will cut Opel’s administrative force by 30 percent, which equals to 1,000 jobs. The newspaper added that the cuts in administrative personnel, some of whom earn more than €100,000 (US$130,000) would be made voluntarily and ... 09/12/2012 - 4:28 pm | View Link
GM Falls After Opel Reports Plan to Cut Work Days General Motor Co. shares slid yesterday after saying it plans to reduce work at two Opel sites in Germany starting in September as the automaker seeks ways to stem losses in the region. Opel agreed with unions to cut 20 days out of its schedule at ... 08/23/2012 - 1:44 pm | View Link
General Motors Will Slash Outsourcing In IT Overhaul ... GM's new CIO Randy Mott plans to bring nearly all IT work in-house as one piece of a sweeping IT overhaul. It's a high-risk strategy that's similar to what Mott drove ... 07/25/2016 - 9:25 am | View Website
Stock Quote GM General Motors Company General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe ... 07/24/2016 - 7:49 pm | View Website
Why Didn't GM Shut Down Bill Heard? September 1st, 2008 at 10:02 am; My local GM dealer is the primary reason I wouldn’t take a GM car if it was given to me. At 3500 miles I took a new ... 07/22/2016 - 2:51 pm | View Website
Chevrolet Volt The Chevrolet Volt is a plug-in hybrid manufactured by General Motors, also marketed in rebadged variants as the Holden Volt in Australia and New Zealand, and with a ... 07/19/2016 - 3:23 pm | View Website
GM To Trim Rental Fleet Sales By 80-90K Units | GM Authority General Motors plans looks to cut sales to rental car fleets by 80,000 to 90,000 units in 2016, or roughly 10%. See more about GM's rental fleet strategy here. 07/18/2016 - 11:09 pm | View Website
The newly public biopharmaceutical company launched by inside trader Sam Waksal had better come up with a drug for investor chest pains. At its initial public offering Wednesday, shares of the shady entrepreneur’s Kadmon Holdings LLC opened low and sank still lower, further decimating the holdings of pre-IPO investors who bought in at private sales
Business owners and their advisors are often concerned with how long a business valuation is valid. This question often arises when:
Owners plan equity transfers over many years The business environment is expected to change, or The company’s situation is expected to change
Seemingly innocuous details, such as the valuation date of business valuations, often can have major significance.
Timing is everything
This old adage very much applies to business valuation.
Sumner Redstone’s granddaughter has again lashed out her aunt Shari, angered this time by the sale of a former drive-in movie lot owned by the family holding company. “When he was mentally competent, my grandfather would never have sold this property at any price,” Keryn Redstone said in a statement Wednesday.