Hints and tips:
...Fellow Tiger cub Lone Pine’s Cypress hedge fund has lost 27 per cent this year and its Cascade long-only fund is down 32.5 per cent....
...“Bulls might well talk up the (outside) chance of some trade buyer creeping out of the woodwork – but we do not see it. As we have said previously this is a good price for Misys,” he said....
...“But all the original mouldings, rose-oak woodwork, even pieces of folk sculpture are there.”...
...“Ucits brought new people out of the woodwork. Most of the buyers of the Ucits fund would not have bought a Cayman fund,” says Peter Harrison, chief executive....
...Not good for the insurers’ owners: in the case of FGIC, thats PMI (a mortgage insurer in trouble for other reasons, this morning) Blackstone, Cypress Group and CIVC Partners; and in the case of SCA, it’s...
...It is the part-owner, with Cypress Group, CIVC Partners and PMI Group, of FGIC – the bond insurer that has already asked regulators to approve a plan to split the company in two....
...Blackstone already has some hands-on experience with the plight of the bond insurers – it is part-owner, along with Cypress Group, CIVC Partners and PMI Group, of FGIC, the bond insurer that has asked regulators...
...Its loss was modest compared with that of Cypress Bioscience , which tumbled 56.5 per cent to $5.53 in one of the worst showings at the Nasdaq....
...Dana, the auto parts maker, agreed to sell its aftermarket unit to Cypress Group for $1.1bn and Ingersoll-Rand agreed to sell its Dresser-Rand unit to First Reserve for $1.2bn....
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