Word: lloyds
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Dates: during 2000-2009
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...They didn't tell anybody anything." Shipping industry sources described the doomed 35-year-old vessel as a "roll-on, roll-off" model for carrying cars and trucks, on which the European Union imposed strict safety standards following a string of capsize disasters. Says David Osler, industrial editor of Lloyd's List in London: "It's scandalous that a ship of that age is still in business...
...While banks such as Nomura Holdings and Merrill Lynch tend to focus on large deals, like the $30 billion takeover that formed Mitsubishi UFJ Financial Group or the $3.5 billion marriage of cosmetics company Kao with Kanebo Cosmetics, the M&A mania has also spread to smaller companies. Terrie Lloyd, an M&A consultant with 23 years of experience in Japan, says he encounters more and more Japanese investors who are interested in buying a motley batch of companies, pasting them together into mini-conglomerates with dubious business merit, and flipping them via an IPO: "This is a new phenomenon...
...bankers, the investors or even the regulators-has much inclination to believe that Livedoor is anything but an isolated case, or much motivation to launch wider investigations. "A lot of people are betting that this market has a lot left in it," says M&A consultant Lloyd. "No one wants the party...
...wonder Andrew Lloyd Webber didn't beat them to it. In Thatcher: The Musical, opening next month in Britain, an all-female cast will sing its way through the life of former Prime Minister MARGARET THATCHER, 80. The Foursight Theatre troupe plans to tour the nation with Iron Lady--inspired ditties like The Cabinet Shuffle. Nothing says toe tapper like the champion of free markets...
...Numbers 7,486 Performances of Andrew Lloyd Webber's musical The Phantom of the Opera as of last week, making it the longest-running Broadway show of all time...