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Market cap of 10 conglomerates soars 29 trillion won so far this year

2015-03-22 08:19:32| Semiconductors - Topix.net

The market cap of South Korea's top 10 business groups listed on the main bourse has gained 29.1 trillion won so far this year, a 4.26 percent jump from the end of last year, strongly led by Samsung Group companies, data showed Sunday. The 10 conglomerates' market cap reached 712.2 trillion won as of Friday, accounting for 51.2 percent of the total, according to the data from market tracker WISEfn.

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Arctic missing an ice patch size of Texas and California this winter

2015-03-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mashable: The Arctic climate sent yet another in a long series of alarm bells on Thursday as scientists announced that the sea ice cover in the region hit a record low maximum for the year. The winter maximum typically occurs in March, but this year it took place about two weeks earlier than average, with sea ice most likely maxing out on Feb. 25. The official call was made Thursday by the National Snow and Ice Data Center (NSIDC) in Boulder, Colorado, which tracks ice conditions at the poles. The record...

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I Tried On a $30 Million Diamond, and This is What it Felt Like

2015-03-19 16:39:32| Jewelry - Topix.net

An extremely rare 5-carat blue diamond ring, priced $20 million-$30 million. The ring is offered by Graff Diamonds at the 2015 European Fine Art Fair .

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Nike Is A High Risk For Value Investors At This Time

2015-03-18 15:58:12| Footwear - Topix.net

There are major cross currents for investors in Nike right now, but this article attempts to answer the lingering question about fair value in the face of that discourse. We will do it using an earnings driven approach, which itself will include forward looking estimates through calendar 2016 so that we can look at future valuation as well.

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VW seeks record profit for its finance unit this year

2015-03-18 12:33:31| Automakers - Topix.net

Volkswagen's finance arm mulls 2015 operating profit above last year's record-breaking tally of 1.7 billion euros , according to comments made by the division's chief executive officer, Frank Witter. Volkswagen AG is currently the largest automaker in Europe and also the second-biggest in the world, so naturally its finance division is just as strong, with VW Financial Services handling all dealer and customer financing services, together with he German group's banking and leasing business.

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