– Still lightly camouflaged, here is the Mercedes-AMG C63 coupe in final testing at Hockenheim racetrack in Germany. To be officially unveiled at the Frankfurt auto show this September, Mercedes-AMG’s response to the BMW M4 is a surprisingly distinct and almost brutal variation of the rather elegant next-gen C-class coupe. – – We already know that the C63 and C63 S coupe will be powered by the same twin-turbocharged 469-hp
– Hyundai is in the midst of a major push to remind consumers that it does, in fact, build plenty of “trucks”—and by trucks we of course mean crossovers. With a production mix skewed strongly toward cars, Hyundai publicly acknowledges that it isn’t as well set-up as it’d like to be for the automotive industry’s largely truck- and crossover-driven sales rebound. Even so, the company just rolled out an agreeable new
– Hyundai is in the midst of a major push to remind consumers that it does, in fact, build plenty of “trucks”—and by trucks we of course mean crossovers. With a production mix skewed strongly toward cars, Hyundai publicly acknowledges that it isn’t as well set-up as it’d like to be for the automotive industry’s largely truck- and crossover-driven sales rebound. Even so, the company just rolled out an agreeable new
– Still lightly camouflaged, here is the Mercedes-AMG C63 coupe in final testing at Hockenheim racetrack in Germany. To be officially unveiled at the Frankfurt auto show this September, Mercedes-AMG’s response to the BMW M4 is a surprisingly distinct and almost brutal variation of the rather elegant next-gen C-class coupe. – – We already know that the C63 and C63 S coupe will be powered by the same twin-turbocharged 469-hp
– Still lightly camouflaged, here is the Mercedes-AMG C63 coupe in final testing at Hockenheim racetrack in Germany. To be officially unveiled at the Frankfurt auto show this September, Mercedes-AMG’s response to the BMW M4 is a surprisingly distinct and almost brutal variation of the rather elegant next-gen C-class coupe. – – We already know that the C63 and C63 S coupe will be powered by the same twin-turbocharged 469-hp
(Reuters) – Blackstone Group LP is the largest private real estate investment business in the world, with funds focused on opportunistic transactions, debt, core assets and a publicly traded real estate investment trust, Blackstone Mortgage Trust.
GE shares jumped 7.5 percent on Friday after the company outlined plans for substantially shrinking its GE Capital unit. The plan includes a buyback of up to $50 billion in GE shares, the sale of about $30 billion in real estate assets over the next two years and the disposal of more GE Capital operations. The repurchase program, which will be partly funded by $35 billion through money returned
The S&P Industrials was up 1.5 percent as the best performing of the 10 major S&P sectors, paced by GE’s gain. General Electric jumped 7.6 percent to $27.69 as the most active stock on the New York Stock Exchange, with more than 236 million shares changing hands. The stock has been under-owned by institutional investors and that’s going to change now,” said Tom Donino, co-head of equity trading at First
(Reuters) – Real estate investment trust Excel Trust Inc said it would be bought by Blackstone Property Partners LP, part of Blackstone Group LP , for about $2 billion in cash. Blackstone Property will pay $15.85 per share, a premium of about 15 percent to Excel’s closing price on April 9. (Reporting by Avik Das in Bengaluru; Editing by Ted Kerr)
Filed under: Buying, Financing, Selling Shutterstock Conventional loans are the foundation of the mortgage industry. In a recent week, only about one in four prospective borrowers applied for a government-backed loan, according to survey data from the Mortgage Bankers Association. The Federal Housing Administration and the Department of Veterans Affairs basically insure home loans made by participating lenders. These loans tend to have more lenient credit and underwriting requirements compared
London Craft Week will take place from May 6 until May 10 Brands are coming together for London Craft Week to remind consumers of the importance of fine craftsmanship and its essential role in the luxury industry. London Craft Week is a new event that will take place from May 6-10, highlighting all elements of craft and bringing together skilled craftsmen and brands from around the world. Fine craftsmanship is
Aston Martin DBX British automaker Aston Martin and Italian automaker Lamborghini recently announced their extended production plans for crossover vehicles. The Italian government, in an attempt to create jobs, has offered Lamborghini a tax break to jumpstart production of its Urus SUV, first announced in 2012, and Aston Martin has raised the funds needed to start production of its GT crossover based on the DBX concept. Demand from affluent consumers who have
Aston Martin DBX British automaker Aston Martin and Italian automaker Lamborghini recently announced their extended production plans for crossover vehicles. The Italian government, in an attempt to create jobs, has offered Lamborghini a tax break to jumpstart production of its Urus SUV, first announced in 2012, and Aston Martin has raised the funds needed to start production of its GT crossover based on the DBX concept. Demand from affluent consumers who have
Gucci’s seventies signature handbag Italian fashion label Gucci has stayed true to its commitment to the arts, working with Martin Scorsese’s The Film Foundation for the past 10 years, and the brand is currently celebrating this important milestone with the release of its latest project at the 68th Cannes Film Festival in Cannes, France. The Film Foundation is dedicated to preserving and restoring historically, artistically and culturally significant films so
Gucci’s seventies signature handbag Italian fashion label Gucci has stayed true to its commitment to the arts, working with Martin Scorsese’s The Film Foundation for the past 10 years, and the brand is currently celebrating this important milestone with the release of its latest project at the 68th Cannes Film Festival in Cannes, France. The Film Foundation is dedicated to preserving and restoring historically, artistically and culturally significant films so
