Hints and tips:
...Andrea Damico, chief economist at asset manager Armor Capital, correctly predicted a 50bp cut. “A drop in interest rates is not premature....
...Château, Névez, €31.5mn Where On the banks of the River Aven, a five-minute drive from the town of Névez in the département of Finistère....
...The three new entrants to have raised the most money since 2019, Kansas City-based Avantis Investors, with $4.9bn, and Canada’s National Bank Investments and CIBC, all run active funds....
...But Pareto, Arendals Fossekompani and Armor Advisors, the third, fifth and sixth largest shareholders respectively, have agreed to tender their holdings....
...Bonnie Herzog, an analyst with the bank, said she expected Gatorade to “continue to cede share to BodyArmor”....
...The short value is higher than any S&P 500 stock, only Under Armor has a higher percentage of outstanding shares short with 24%....
...revolted against his attack on the bank’s turgid writing...
...Deutsche Bank say it will be watching to see how consumers have responded to a recently introduced £15/ $25/€15 threshold for free shipping....
...During her 17 years with BAE, she was involved in the company’s acquisition of United Defense Industries and Armor Holdings in the US....
...Under Armor, a maker of work-out clothing, rose 2.1 per cent to $32.95 following an upgrade to “overweight” from “neutral” at Piper Jaffray....
...- Corporate: Antisoma, Armor, Logica, Caledon Resources, Stanley Gibbons, Catlin....
...After all, even if the central banks get the economic situation under control and the World Health Organisation conquers swine flu, we still have three years to worry about 2012....
...Of his own plans, he said he expected to take on some more non-executive directorships in addition to the one he currently holds at Lazard, the investment bank....
...He says: “Everyone thinks because of the credit crunch and the banks’ inability to lend, that private players have disappeared. But we are still seeing them bid aggressively....
...Undeterred, BAE pursued a more bite-sized expansion plan, buying first United Defense Industries and then Armor Holdings....
...First, BAE’s $4.1bn acquisition of Armor Holdings was approved by the US Department of Justice and second, the Pentagon said it was seeking $1.2bn to spend on new armour protected vehicles....
...But a string of huge transactions, including the near-$100bn battle for control of ABN Amro, the Dutch bank, swept away the more cautious projections....
...ABN Amro rejected a $24bn bid for its LaSalle unit from a group led by Royal Bank of Scotland. ABN had previously agreed to sell Chicago bank LaSalle for $21bn to Bank of America....
...By contrast, shares in Stewart & Stevenson Services surged 26.7 per cent to $34.33 after the military truck maker agreed to be bought by Armor Holdings for $775m, or $35 a share....
...“The contract win confirms Armor’s leading position in the global security services market,” said Richard Rae of ABN who reiterated his “add” recommendation....
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