Word: capping
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...More recently, market mergers have been all the rage - witness the so-far fruitless attempts by pan-European Euronext and Deutsche Börse to take over the London Stock Exchange (LSE). Now a new craze seems to be catching on as quickly as the latest mobile ringtone: small-cap markets. Euronext last week launched Alternext, its junior, Paris-based market for small firms, just a month after the Irish Stock...
...lighter regulation. But while AIM makes raising capital easy, investors are having to tread carefully. Many companies floated on AIM are shells - listed businesses with no physical operation - or mining and exploration firms aiming to capitalize on booming energy prices, but with no income. So as long as small-cap exchanges are in vogue, fashion victims are inevitable. - By Adam Smith Getting In The Picture Move over, Hollywood - here comes Hungary. That's the hope of flamboyant Budapest real estate tycoon Sandor Demjan, chairman of TriGranit Development Corporation. With a government go-ahead expected "very soon," according to TriGranit, work...
...Another lunch at the four-star Eden Roc in Cap d'Antibes. We were restricted to the buffet; are we not worthy to order off the menu? Had to get there by van, when a helicopter would have saved so much time. We hate going to these dinner parties, but not to do so would break the journalists first rule at Cannes: never pay for your own meal...
Nevertheless, the Crimson will have a few more feathers in its already intimidating cap when it faces Cornell in the rain-postponed ICS at noon today...
...While the Arts Medal adds just one more feather to a cap that is already laden with honors, “it’s a very significant award for me,” Kumin says. “I am very humbled by it—especially by the company I now share.” Kumin joins the ranks of such past recipients as Yo-Yo Ma ’76, Jack Lemmon ’47, and John Updike ’54. Sixty-two years after a cocky English Department instructor told Kumin...