Hints and tips:
...“He was a legendary investor himself,” said Dixon Boardman, chief executive of Optima Asset Management, who worked with Robertson at broker Kidder, Peabody & Co about 45 years ago before Robertson founded...
...focus (Reuters) US banks shun last Russian stock still trading in Hong Kong (FT) JPMorgan Chase loosens mask and Covid vaccine rules for US workers (FT) Goldman accused of breaching coal pledge with Peabody...
...Take Ellington, one of the oldest and biggest dedicated credit hedge funds, having been set up in 1994 by Michael Vranos, a former superstar mortgage bond trader at Kidder Peabody....
...“No shop in the history of investment management has produced more phenomenal people,” said Dixon Boardman, chief executive of Optima Asset Management, who worked with Robertson at broker Kidder, Peabody...
...The change in the same metric at coal company Peabody Energy was 427 per cent....
...At Compass Point Research & Trading, Charles Peabody said that the prospects of increases in interest rates, in particular, was likely to inflict damage on the banks’ loan portfolios, especially in faster-growing...
...Nearly half of the defaults have occurred in the two sectors, with companies such as Peabody Energy, Energy XXI and Midstates Petroleum all missing interest payments....
...PKA divested itself of 31 coal-only companies last year, including Whitehaven Coal in Australia, Indonesia’s Bumi Resources and Peabody Energy, the US coal miner that filed for bankruptcy protection in April...
...“We believe Peabody is currently the best way to get exposure to these two themes while still managing downside risk,” said analyst Stephen Byrd....
...Mongolia, whose economy grew 17 per cent last year and which sits atop vast deposits of copper and coal, has become a leading destination for investment by global mining companies such as Rio Tinto, Peabody...
...Macarthur has since accepted a joint A$4.9bn ($5.2bn) bid from a consortium led by Peabody of the US. The bid values the Macarthur at 18 times estimated 2012 earnings....
...Coal miner Peabody fell 3.4 per cent to $36.95, while Cabot Oil & Gas lost 5 per cent to $81.49....
...Coal miners Alpha Natural Resources , down 11 per cent to $18.92, and Peabody Energy , off 8 per cent to $35.73, were particularly hard hit....
...ArcelorMittal this month joined Peabody Energy of the US to make an A$4.7bn bid for Macarthur Coal, the Australian miner....
...Peabody Energy and ArcelorMittal on Monday offered $5bn for Macarthur. Diageo lost 0.7 per centto £12.91 after a downgrade to “market perform” from Sanford Bernstein....
...Mr Lim previously worked for Kidder Peabody and Salomon Smith Barney....
...Michael Carpenter, a GMAC director who has previously been at the helm of Salomon Smith Barney, Citigroup’s corporate and investment bank; Travelers Life & Annuity, the insurance arm of Citi, and Kidder Peabody...
...rather than the government, and would be replaced by Michael Carpenter, a GMAC director who has been at the helm of Salomon Smith Barney; Travelers Life & Annuity, the insurance arm of Citigroup; and Kidder Peabody...
...Peabody Energy disappointed the market despite reporting increased sales and revenue by making only $0.50 per share in earnings compared to consensus estimates of $0.95....
...Peabody Energy and Arch Coal, the US coal mining groups are seen as likely bidders for the assets....
...Founder of Zachary Investment Research & Management, LLC., an independent equity research firm based in Miami, Florida....
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