Hints and tips:
...NMC has lost about two-thirds of its value since a report by short-seller Muddy Waters in December raised questions over its finances and management....
...First, he was assigned to help Cornelius Maluka, a self-taught bead artist from rural Mpumalanga in the Sabi Sands district where Sir Richard’s game reserve is situated....
...” … Peter Cornelius, economist, Alpinvest Partners “Global M&A activity should pick up as concerns about a double-dip recession have eased, resulting in a recovery in riskier assets....
...Mr Cornelius’s group matches buyers and sellers without taking trading positions itself, skimming off a few basis points on each trade. The new team has processed securities worth £3.75bn this year....
...Mr Pandit and Gary Crittenden, Citi’s chief financial officer, also urged employees to get in touch with clients and remind them that the group’s financial position was sound....
...And Citi’s shift from being an owner of high-risk, high-return derivatives to a simple trader and seller could affect its profitability if markets rebound....
...AIG’s founder, a former ice-cream seller from California called Cornelius Vander Starr, had emigrated to China in search of a better future....
...Given Mr Cornelius’s record as a seller, chances are he would still secure a decent price....
...Jim Cornelius, chief executive, said Bristol-Myers expected to reverse earnings and sales declines this year....
International Edition