Hints and tips:
...Super-cyclicals such as chips, chemicals and steel are carrying the tech and materials sectors. Airlines and homebuilders are screaming. It goes on and on....
...The billionaire industrialist had announced a year earlier the sale of his listed chemicals company, Huntsman Corp, to the private equity titan Apollo Global Management for $10.6bn....
...Credit Lyonnais and others paid more than $1bn in fines and settlements. Apollo said it knew of nothing untoward and no one there was charged....
...DD notes that these fines are a drop in the ocean for such companies....
...Deutsche has faced fines, scandals over lax controls and a slump in its share price....
...That chemical leached into the soil and is now leaching back into rice....
...The embarrassment will hurt RBS more than the fines....
...Late last year Apollo Global Management sold its last chunk of LyondellBasell, the chemical company that many had given up for dead years earlier....
...Credit Suisse to form Aventicum Capital with Qatari fund * Afghan governor denies corruption allegations * Markets: mixed Sinopec said to buy Nigeria oil blocks from French Total China Petroleum & Chemical...
...That is fine in the good times, but when times are bad, that burden means that companies have little breathing room. Most buyouts that go bad do so because the original price was too high....
...aspirational Indonesian women and men. http://www.ft.com/intl/cms/s/0/fc92e930-2809-11e2-ac7f-00144feabdc0.html Credit Suisse to form Aventicum Capital with Qatari fund Credit Suisse Group and Qatar Holding LLC...
...The FTSE Eurofirst 300 rose more than 2.5 per cent with French and Italian banks in fine fettle on reduced fears about eurozone debt exposure....
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