Hints and tips:
...Cleveland-Cliffs was founded in 1847 to mine iron ore in the Great Lakes region....
...But the lawyer, who died of cancer last month, might be better remembered for his late-life work advocating for higher taxes....
...And this is in the end going to be a great thing for our shareholders.”...
...Berkshire knows parts of the company, having held Great Lakes Chemical Corp stock in the early noughties. Great Lakes merged to form Chemtura, which Lanxess acquired in April....
...So far, there are few signs that the recovery in the industry is stoking cost inflation that would stop the increased production being translated into higher earnings....
...Last week, Dayton Power & Light, a subsidiary of AES Corp, announced it planned to shut two coal-fired plants in Ohio next year....
...Tracking stocks owe their origins to General Motors’ acquisition of the EDS IT services business from Ross Perot in 1984....
...That is higher than for any other shale region....
...The difference is that the Murdochs control a vast array of global businesses and brands, so, if and when they fall out, the stakes are somewhat higher....
...“They need to stick to what they’re great at.”...
...Many oil executives believe crude prices are set to rise over the next few years, suggesting now would be a great time to buy assets that can benefit from the upturn....
...The 150km stretch of the richest iron ore deposits in North America has powered the Great Lakes steel mills and US industrialisation for more than a century....
...Notwithstanding these two examples, great care goes into determining the exact share count in transactions and ensuring it flows through to the analysis....
...Combine that with great liquidity in the leverage market, and we are seeing some big prices paid for assets.”...
...As well as several smaller deals involving Silicon Valley start ups, 2013 saw the $24.4bn sale of Dell to its founder and Silver Lake, the private equity group....
...The BP boss said that “Great Britain is great and it ought to stay together” – a rare public intervention by a leading industrialist in the debate that was seized upon by campaigners for a “no” vote on independence...
...As a result, US crude oil production is on course to be about 50 per cent higher this year than in 2008....
...“Most of all, we enjoyed working with the great people of NBCUniversal.”...
...board under greater pressure to seek a higher price or an alternative deal....
...And you can get a good rating which means the debt will be investment grade and subject to great demand. On its face, it looks very possible.”...
...He cited high productivity and the technical capabilities to produce advanced tyres 12.5 feet in diameter as the great strengths of the US plants....
...“They need to understand that the cost of ‘having it all’ may be too great for consumers,” he said....
...They are from Texas and Salt Lake City . . . we’re from the north-east. We speak north-eastern; they speak middle [America], Bible belt....
...When the firm eventually hired Ed Novotny, in 1970, he worked from his apartment at Tudor Towers, on the east side of Manhattan....
...“This business is a great fit for our company,” said Mr Dubow....
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