Hints and tips:
...Rolls is less of a conglomerate than peers. But a reciprocating engines business bought in 2011 looks superfluous....
...From 2004 to 2011, he was the global head of the aerospace and defence....
...Organic sales growth of the 50 biggest consumer companies — headed by Nestlé, P&G, PepsiCo and Unilever — has fallen sharply, from 7.3 per cent in 2011 to minus 0.7 per cent last year, according to OC&C,...
...“They have been launching a lot of new products and have branched out,” says Mr Warren. “They were doing a lot of the right things.”...
...Warren East, the new chief executive of aero-engine maker Rolls-Royce, knows more than most about the clash between short and long-term interests in a business....
...The hedge fund has experience investing in the aerospace sector, having held a stake in Rockwell Collins, a supplier of aircraft electronics, since 2011....
...Energy Transfer battled Williams for control of Southern Union, another pipeline company, in 2011 and succeeded after raising its bid....
...all dividends reinvested, against the returns from a long-only investment in gold, from 2000 through the end of 2011: We think there is logic in holding a small gold allocation in a broader portfolio,...
...Men like Warren Buffett at Berkshire Hathaway, John Malone at TCI and Bill Stiritz at Ralston Purina....
...It was doing the maths on Warren Buffett that made Todd Morley believe traditional private equity funds and hedge funds might be in trouble....
...Launched in April, the US chapter has the support of billionaire investor Warren Buffett and other heavyweights, including Dominic Barton, global managing director of McKinsey, and Larry Fink, chief executive...
...Docomo paid a total of 266.7 billion yen ($2.6 billion) in 2009 and 2011 for the stake” (Bloomberg) Michael Dell is pruning his portfolio with the likely sale of ValleyCrest, his corporate gardening company...
...(Financial Times) Lisbon’s first regular debt sale since applying for international help in 2011 lifts eurozone spirits: The auction of the 10-year bond, which raised €750m with a better than expected yield...
...(WSJ) Warren Buffett’s Berkshire Hathaway has agreed to modify the terms of an investment in Bank of America to help boost the bank’s regulatory capital levels....
...junk rating than that of early 2011....
...fabric and metal, and Villar Rojas, a 32-year-old Argentine whose titanic clay monuments catapulted him to fame at the Venice Biennale in 2011....
...Private equity funds, including Carlyle Group in the US, raised a record of $10.3bn for Latin America in 2011, with most of this earmarked for Brazil....
...(Financial Times) No big news at Berkshire Hathaway’s annual meeting: Warren Buffett was probed on succession by a bearish invitee, short seller Doug Kass of Seabreeze Partners, but remained insistent that...
...By the end of 2011, Warren Buffett of Berkshire Hathaway was already admitting in his annual letter to shareholders that his $2bn investment in EFH had been “a big mistake”....
...Warren Buffett mocked gold investors for digging it out of the ground only to “bury it again and pay people to stand around guarding it”....
...EFH reported a net loss of $1.9bn for 2011, down from $2.8bn the previous year....
...He has joined the Warren Buffett and Bill Gates initiatives encouraging the super-rich to give away the majority of their wealth and is dismayed that he is the only significant figure in the buy-out world...
...Much of the $1.1bn jump in performance fees in the first six months of 2011 over last year was due to Carlyle simply saying its investments were now worth more....
...Now aged 62, he is giving away 90 per cent of his wealth and is the only prominent private equity tycoon to join the philanthropic initiative of billionaires Bill Gates and Warren Buffett....
...Mr Blankfein was interviewed by the FBI in January 2011, presumably because the government intended to call him as a witness....
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