Hints and tips:
...Job moves Deutsche Bank has appointed Ian Wesson as a managing director covering M&A within its financial institutions group based in New York. He was previously a longtime banker at Citi....
...However, sales dipped after Donald Trump’s surprise win, putting pressure on many firearm manufacturers, including American Outdoor Brands, which owns Smith & Wesson....
...Here the gun was a Colt or a Smith & Wesson, the girl was a femme fatale; Ava Gardner, Rita Hayworth, Lauren Bacall, Ida Lupino, Lizabeth Scott, Susan Hayward or one of their ilk....
...It has prompted Michael Bloomberg — who is worth about $50bn — to lay the groundwork for entering the race as a moderate to fend off the likes of Warren....
...Michael Kors was little changed at $88.60....
...“Illegal and probably corrupt,” was Wesson’s view. He refused....
...Shares in gunmaker Smith & Wesson were up 3.8 per cent to $8.26 after it said it would expand its share buybacks....
...In spite of the immediate drop in the US stock market, there are some positive aspects to Mr Obama’s re-election, thinks Michael Hewson, senior market analyst at CMC Markets....
Rising optimism over economy
...Established in 1925 as a manufacturer of buckles and fasteners, Tomkins transformed itself into a global “guns to buns” conglomerate in the 1980s and 1990s through its acquisitions of arms maker Smith & Wesson...
...Under Greg Hutchings, Mr Nicol’s predecessor, Tomkins acquired and then sold Smith & Wesson, the US gun maker, and outbid Hanson to acquire Rank Hovis McDougall, the UK food group, for £926m in 1992 before...
...Established in 1925 as a manufacturer of buckles and fasteners, it transformed itself into a global “guns to buns” conglomerate in the 1980s and 1990s through its acquisitions of arms maker Smith & Wesson...
...Under the former chief executive Greg Hutchings it was dubbed the “guns to buns” conglomerate as it bought and sold businesses including gun makers Smith & Wesson and food group Rank Hovis McDougall....
...Smith & Wesson reported stronger-than-expected fourth-quarter profit and sales. The gun maker also raised its full-year profit and sales forecasts....
International Edition