Hints and tips:
...The Ireland-based company announced on Tuesday it was buying assets from US rival Martin Marietta for $2.1bn, and upgraded its profit forecast for the second time this year....
...Clown car maker Aston Martin needs more money....
...Martin Wolf contends that, given the parlous state of the UK public finances, taxes will sooner or later have to rise. The question is how....
...The Martin Act has been used to crack down on biased Wall Street research, insurance bid-rigging and “dark pools” said to mislead traders, among many things....
...Now shareholders are being urged to punish the company for the way it handled Sir Martin’s departure....
...Materials stocks enjoyed a 1 per cent bounce but the jump was powered by chemicals companies rather than construction materials companies, such as Martin Marietta Materials and Vulcan Materials, as investors...
...To keep costs down Rocket Lab uses carbon composite materials in its rockets rather than aluminium, which is a heavier and costlier material....
...Zurich had been on the lookout for a new head since December, when Martin Senn quit as the Swiss insurer’s boss....
...Mr Senn’s immediate priority is to clean up Zurich’s mishap-prone general insurance division. Only a few weeks ago, its American boss, Mike Kerner resigned for “personal reasons”....
...All of the big three natural resources companies — BHP, Rio Tinto and Anglo American — have suffered this year as the prices of several of their main commodities trade at the lowest levels since the financial...
...Mr Ducat moves from hedge fund company Man Group, where he was previously head of group insurance....
...If Sharon or Bilal is denied a job or insurance, they may never know which piece of data caused the denial....
...Last year, Zurich paid a dividend of SFr17.00 per share. Shares in the company were flat at SFr239.50 in early morning trading in Zürich....
...Now that it is unclear who will pay for American roads – of which the companies’ aggregates are a key component – Martin Marietta is trying to force the issue....
...Last week Roche made a $5.7bn hostile bid for Illumina, a genetic sequencing specialist, while Martin Marietta remains in pursuit of construction aggregates rival Vulcan Materials, having launched a $4.8bn...
...In a small sign of its transformation, shareholders will change the name to Zurich Insurance Group – emphasising the group’s restored focus....
...It has been hit by compensation payments for the mis-selling of payment protection insurance; a move by the Treasury to block what it called “highly abusive” avoidance schemes totalling £500m; and a row...
...Aon, one of the world’s biggest insurance brokers, has teamed up with WPP, the world’s biggest marketing services group, and Zurich Financial Services, a leading insurer, to create a policy that will pay...
...Switzerland’s Zurich Financial and Swiss Re shed 8.2 per cent to SFr153 and 8.4 per cent to SFr13.30 respectively....
...Memoranda were sent to Zurich, Generali, Allstate, Allianz, Berkshire Hathaway, Travelers, Ping An and American International Group....
...Mr Willumstad, who took over after the ousting of Martin Sullivan in June, has said nothing is sacred at the insurance group – indicating he is willing to sell any part of the franchise....
...In February PwC dropped a bombshell, declaring there was a “material weakness” in the way the insurer valued its exposure. Shortly afterwards, AIG and Mr Cassano parted company....
...It invested in American Savings Bank, the failed thrift, during the Savings & Loans crisis in 1988, in Korea First Bank during the Asian financial crisis of 1998 and in Endurance Specialty Insurance in the...
...March 15, 2005 – Martin Sullivan becomes chief executive of American International Group after Maurice “Hank” Greenberg, who ran the insurance group for nearly four decades, was accused of inflating AIG’...
...The deserted streets and the overcast skies of downtown Manhattan on Sunday provided an aptly eerie backdrop for the latest grim news to come out of the credit crunch: the departure of Martin Sullivan, American...
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