Hints and tips:
...She worked at Jennison for almost two decades, during which she married Robert Remington Wood and they had three children....
...Standard & Poor’s has downgraded the long-term credit rating of Weir, the industrial valve and pumpmaker that has suffered from the commodities slump, one notch to ‘BBB’ from ‘BBB+’, reports Michael Pooler...
...Other sales over the past few years include a 45 per cent stake in UAE-based valve manufacturer KEF Holdings to Tyco International in March 2011, and four Holiday Inn Express hotels in Dubai....
...Moore Capital began life in 1987 as Remington Trading Partners, founded by Mr Bacon, a graduate in literature from Middlebury College in Vermont, after a half-decade stint trading futures on Wall Street....
...“The challenge you’ve got is there are already existing supply chains for these designs,” says Keith Cochrane, chief executive of Weir Group, which supplies various types of valves to civil nuclear installations...
...While major oil service companies such as Halliburton prefer to make their own pumps and operate a vertically integrated business model, Weir is keen to target its growing portfolio of pumps and valves directly...
...The medical device manufacturer is banking on strong revenue from its transcatheter aortic-valve implant (TAVI) device, a treatment for aortic stenosis – a heart disorder – that does not involve an operation...
...Last October, GE agreed a $3bn deal to buy Dresser of the US, which makes engines, pumps and valves for the oil and gas industry, and in December it announced the $1.2bn acquisition of Wellstream, a UK-based...
...These valves can cope with the high pressures under the Earth’s surface, and typically make up 8-12 per cent of an energy project’s total costs....
...Weir Group, which makes valves and pumps for the oil, mining and power industries, has won a $15m (£9.4m) contract to supply parts for the first US nuclear plant to be built in 25 years....
...The Securities and Exchange Commission and leading US equity exchanges on Monday laid the ground for the creation of an industry-wide safety valve designed to temporarily halt trading in stocks, in response...
...Valves are typically 8-12 per cent of a total project’s costs, and the annual global valve industry is worth about $18.5bn, according to the company....
...In recent weeks, US banking regulators have been pushing aggressively for the creation of a safety valve, in the form of a clearing mechanism, for OTC credit default swaps – financial instruments at the...
...After taking into account storage and financing costs investors would earn about 11 percent, according to Andy Lipow, president of Houston consultant Lipow Oil Associates LLC....
...The hundreds of newspapers, television stations and other “free media” offer a “relief valve” for the Iraqi public to debate the issues of their burgeoning democracy, Rumsfeld said....
...Private equity groups are understood to be circling IMI now that the group, which produces valves for the oil and gas industry, has sold Polypipe, its plastic pipes subsidiary....
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