Written on April 30, 2009 Forbes reports that Valero Energy Corp. said it has closed on the sale of all but one of the seven ethanol plants it’s purchasing from VeraSun Energy Corp. Valero last March submitted a successful bid of $477 million for VeraSun. Valero said its new biorefineries in Aurora, South Dakota and Charles City, Fort Dodge and Hartley in Iowa are already operational. The company is grouping the plants under a subsidiary, Valero Renewable Fuels, which will be based at its
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Americans are addicted to bad news. So this may come as a surprise. There are stocks within the market that are on fire! I’ll give you one example from my portfolio. In February, I took dividends from Honda Motor Company (a stock I’ve owned a long time, having a flat year) and invested those dividends in Ford Motor Company . For those who don’t know what that means, investing dividends means that I didn’t put any of my cash in from my accounts, this is money Honda “gave” me as my sh
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Filed under: Frankfurt Auto Show , Hybrids/Alternative , Sedans/Saloons , Green , BMW BMW 7-Series ActiveHybrid - Click above for a high-res image gallery With BMW investing heavily in its Efficient Dynamics program, the next stage could be unveiled at its home-turf Frankfurt show this coming September. Reports out of France suggest that this is where the Bavarian automaker will unveil its 750Hi, a hybrid version of its latest 7-Series flagship sedan. Previewed by t
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In a tough economy, we find ourselves looking to make a buck. We act like superheroes trying to fight this volatile economy. Well, why not look to the superheroes themselves? Comic books make for a great investment. They are lucrative and can be worth a lot of money. However, investing in comic books may not bring a big payoff right away. It can take fifteen to twenty years for a comic book to be valuable. Who would’ve thought that a childhood pastime would make you some money, and at the same t
by Rick Amorey The economy is in a recession, and as many people have said, it may get worse before it gets better. That said, this is not the time to lose all sensibilities; the financial institution may be experiencing problems, but it is still completely functional. There is no need to panic and keep your money under your mattress. Instead, make wise decisions with your money in this time of crisis. To lose that which you probably have saved for your whole life may be terrible; but to fea
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