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|CURRENT = 34.31||-0.14||-0.41%|
|OPEN = 34.5||HIGH = 34.66||LOW = 34.01|
Latest Financial News
MarketWatch - 14 hours ago
Latest Company News
Wed, 30 Jul 2014 19:11:45 -0700
By Keith Weir LONDON (Reuters) - The Glazer family will make around $150 million (Â£88.6 million) by selling part of its stake in Manchester United although the deal will leave the Americans firmly in control of the English soccer club. The Glazers, who bought United for 790 million pounds in 2005, are selling 8 million of their shares in the club which amounts to a stake of about five percent ...
In 2006 and 2007, GM invested $114 in Bedford Powertrain to produce transmission cases and converter housings for GM’s growing family of fuel-efficient, six speed transmissions.These are the same transmissions that go into the Chevrolet Corvette, Cadillac XLR, and new production vehicles such as the all new Chevy Malibu and Buick Enclave.
GM Powertrain Bedford, one of the world’s largest aluminum die casting facilities, currently manufactures NorthStar engine blocks, four-speed transmissions and fuel efficient six-speed transmissions. GM, in April of 2010, invested $111 million to add a semi-permanent mold cylinder head casting line for small block engines.This investment includes expansion of newer precision sand casting technology that results in a high degree of dimensional accuracy and material strength properties needed to support the newer, more efficient engines in GM’s product portfolio.