“Plans to sell a controlling GMAC stake would likely boost credit ratings and cut funding costs, ... divert earnings from GM.”
“Why is minimum wage a number that is set in stone why don't we treat minimum wage rates like taxes the more money a corporation profits the higher the minimum wage rate they should have to pay.”
Kenneth waters Jr
“We plan to sell the 15.7 percent stake in the first half and the remaining stake later depending on market conditions. We will decide who will arrange the stake sale probably next week.”
“We don't have immediate plans to sell our stake in IOC but we are certainly looking at GAIL.”
“This isn't the big one. They have made a statement that they won't sell the [Royal Bank] stake, so you have to ask what they are going to do with it.”
“Then I could sell (the stake to another buyer) for 18 billion pesos and make 4.0 billion pesos. I am willing to put my money where my mouth is. That's how confident I am.”
“It's positive news the government didn't come directly into the market to sell its stake.”
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