Hints and tips:
...This year has seen only two deals between public companies worth more than $1bn: Cimarex Energy and Cabot Oil & Gas’s $9.3bn deal and the $1.4bn merger between Bonanza Creek Energy and Extraction Oil & Gas...
...Muriel Siebert had died in 2013, and Ms Gebbia bought the stake from her estate using a Nevada LLC called Kennedy Cabot Acquisition, in addition to a handful of shares purchased from minority shareholders...
...EQT said in April it would be close to covering its planned $1.5bn of capital spending in the Marcellus this year with $1.3bn of operating cash flow....
...The consultant estimated that private equity firms and other funds would buy £1.4bn-£1.6bn of non-performing consumer loans in 2013, after buying £1bn worth in 2012....
...Some of his investments in the region have proved difficult, however, including his €1.1bn purchase of a 25 per cent stake in Germany’s Hypo Real Estate in 2008, which he lost a year later following a government...
...In May it acquired a stake in Cabot, Britain’s biggest debt collector, in a move to buy distressed consumer loans from banks....
...The consultant estimated that private equity firms and other funds will buy £1.4bn-£1.6bn of non-performing consumer loans this year, after buying £1bn worth last year....
...Alpha Natural Resources led the gains in the energy sector, rallying 7.7 per cent to $7.45, while Cabot Oil & Gas added 5.7 per cent to $44.51....
...That pushed explorers down with Cabot Oil & Gas off 3.6 per cent to $67.15, though the group said it was earning as much as $4 per mbtu of gas from production in the Marcellus Shale....
...Coal miner Peabody fell 3.4 per cent to $36.95, while Cabot Oil & Gas lost 5 per cent to $81.49....
...Cabot Oil & Gas was up 0.9 per cent, to $37.69, but Denbury Resources was down 1.4 per cent to $19....
...Wells Fargo declined by 3.1 per cent to $28.13, Citigroup was also lower by 3.1 per cent to $4.30 and AIG dropped 4 per cent to $42.86....
...During the period, Morgan Stanley served notice to break its lease at 20 Cabot Square with effect from February 1 2010, while Nomura is also leaving the estate next year....
...But, thank God, in his filings he just straight out tells us he likes Cabot....
...In 2001, he raised his salary to $1.4m to help pay for his daughter’s wedding....
International Edition