NEW YORK (Reuters) - Jim Rogers, one of the world’s most prominent international investors, on Thursday called most of the largest U.S. banks “totally bankrupt,” and said government efforts to fix the sector are wrongheaded.
Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the [...]
TORONTO (Reuters) - Yamana Gold (AUY) is not on the hunt for acquisitions, the company’s chief executive said on Tuesday.
“We’re committed to growth, but it is organic growth for this company for the next year to couple of years, at least,” CEO Peter Marrone said at the Denver Gold Forum.
“I believe that we have better [...]
By Goran Mijuk
Investor Warren Buffett on Tuesday said his field trip to Europe to seek potential acquisitions wasn’t due to the weakness of the U.S. economy, saying he still loves to invest at home.
The U.S. billionaire, whose investment vehicle, Berkshire Hathaway Inc., has a war chest of about $35 billion, said he was on the [...]
Fifth Third CEO: Bank In Good Position To Weather Downturn
Last Update: 4/15/2008 7:03:10 PM
CINCINNATI (AP)–Fifth Third Bancorp’s (FITB) chief executive on Tuesday said the
company’s decision to avoid the subprime loan market will help the regional bank
weather an economic downturn and fare better than its peers.
CEO Kevin Kabat told nervous shareholders at their annual meeting that [...]
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