US investor famous for making timely bets on the resurgence of old economy sectors struck a deal to sell his private equity firm to Amvescap, the British asset management company
Media Release
Jul. 24, 2006

Wilbur Ross, the US investor famous for making timely bets on the resurgence of old economy sectors such as steel, textiles and coal, on Sunday struck a deal to sell his private equity firm to Amvescap, the British asset management company, for up to $375m over five years.

US investor famous for making timely bets on the resurgence of old economy sectors struck a deal to sell his private equity firm to Amvescap, the British asset management company
Media Release
It may be a signal for coming worldwide depression...
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Lord Browne, chief executive of BP, Europe’s biggest energy group announce departure from BP
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Lord Browne, chief executive of BP, Europe’s biggest energy group, is to announce on Tuesday that he will step down when he reaches the company’s retirement age of 60 in 2008.
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China is to trim export rebates for a range of products for restraining economic growth and its swelling trade and current account surpluses
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China is to trim export rebates for a range of products as part of measures aimed at rebalancing and restraining economic growth and its swelling trade and current account surpluses.
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Three teams of private equity firms were on Sunday night putting the final touches on bids for the semiconductor division of Philips Electronics
Media Release
Three teams of private equity firms were on Sunday night putting the final touches on bids for the semiconductor division of Philips Electronics
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Large US companies, analysts and fund managers will call for the end of quarterly earnings guidance
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Large US companies, analysts and fund managers will call for the end of quarterly earnings guidance, arguing that chief executives’ obsession with meeting their own profit forecast damages shareholders and corporate governance.
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Fiat to disclose tomorrow industrial alliance with India's Tata
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Fiat to disclose tomorrow industrial alliance with India's Tata
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Court dismisses complaint against Cyberonics Inc.
Media Release
U.S. District Court for the Southern District of Texas has dismissed a plaintiffs' complaint against the company and certain of its officers and directors in a purported securities class action lawsuit.
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European shares closed weaker as Infineon Technologies and Ericsson came under pressure from lower earnings
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European shares closed weaker as Infineon Technologies and Ericsson came under pressure from lower earnings.
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Insurer Alfa Corp. delayed its second-quarter earnings after finding loan 'irregularities'.
Media Release
Insurer Alfa Corp. delayed its second-quarter earnings after finding loan 'irregularities'.
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