Hints and tips:
...There was no single fix for P&G. And like Unilever, P&G had a turnround plan in place before Trian turned up....
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...The ability of Ms Riley to carve out a profitable future in the US for Deutsche, whose $10bn acquisition of Bankers Trust in 1998 became emblematic of foreign banks’ ill-fated attempts to expand on Wall...
...Some UK real estate investment trusts have lost 40% of their value since the start of the month....
...PSON will also have a strong balance sheet which will allow some flexibility for cash returns and bolt-on acquisitions to support its strategy....
...The prospect of generic rivals emerging and the company’s acquisition strategy will remain of interest to investors....
...Job Moves Blackstone announced that J Tomilson Hill, chief executive of Blackstone Alternative Asset Management, will be moving to a new role as chairman of BAAM. John P McCormick will succeed Hill....
...My 2006 book, The Only Three Questions That Count, details this. (This, I think, is disingenuous....
...There are signs its recent acquisition of Argos-owner Home Retail will help matters. A total of 200 new digital collection points are due to open by the end of the financial year....
...Martin Morgan, chief executive of Daily Mail and General Trust, has signalled his intention to leave the publisher of the Daily Mail and Mail on Sunday at the end of 2016....
...The purchase in question was the $2.6bn acquisition of Carrefour in Colombia, which beyondbrics noted at the time raised questions about the price tag involved, for which it took out a $2.5bn loan with J.P...
...Pierpont Morgan, May 1883.” The famous 1903 photograph of J.P....
...In Kumar’s case, flipping fully would mean telling prosecutors about AMD’s $5.4 billion acquisition of ATI Technologies in 2006, which produced a nearly $23 million windfall for Galleon and triggered Kumar...
...strategist at Morgan Stanley....
...J.P. Morgan once said that a man he did not trust could not get money from him “on all the bonds in Christendom”....
...From the FSA statement: The Financial Services Authority (FSA) has fined J P Morgan Securities Ltd (JPMSL) £33.32 million for failing to protect client money by segregating it appropriately....
...A Merrill Lynch upgrade helped lift RSA Insurance by 2 per cent to 135¾p. RSA has underperformed the sector on worries over a potential acquisition, eroding its historic premium, Merrill said....
...By 2006, it appeared that no public company was off limits....
...BT Group led the blue-chip risers, up 8 per cent to 102½p after Morgan Stanley turned positive for the first time in four years....
...In line with my own experience as dean of IAE Business School, at Harvard Business School’s recent MBA commencement, Jay Light, the dean and James Dimon (HBS MBA ‘82), chairman and chief executive of J P...
...She rose quickly, becoming the chief financial officer in 2001 and chief executive in 2006. En route to the boardroom, Nooyi spearheaded the acquisition of Tropicana and the merger with Quaker Oats....
...Mr MacDonald, head of Morgan Stanley’s global mergers and acquisitions division, collapsed at his desk in Canary Wharf....
...Morgan Stanley, which did over $7bn in buy-backs in 2006-07, traded a 9.9 per cent equity stake with China’s sovereign wealth fund for $5bn. It has now agreed to a takeover....
...J.P. Morgan is financial adviser to ImClone and Katten Muchin Rosenman is its legal counsel....
...William J. Bernstein is a financial theorist....
International Edition