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Legendary hedge funder George Soros, who has given billions of dollars to various causes over the past several decades, is jumping into the cleantech pool, pledging $1 billion worth of investments in the sector. Soros announced the plan at a Project Syndicate editors' forum in Copenhagen on Saturday.He will also...
Posted on October 14, 2009 7:30 AM
Did someone say mining deals are heating up again? China's voracious appetite should help things along -- "The Chinese don't have enough nickel, don't have enough oil, and they don't have enough copper," Jim Rogers, chairman of Rogers Holdings, told Bloomberg News.Perhaps the cash-rich country will bid on some Australian...
Posted on August 14, 2009 12:49 PM
Dahlman Rose & Co. LLC wrote in a research report Thursday that Richmond, Va.'s James River Coal Co. (NASDAQ:JRCC) could be tasty fodder for companies operating in Central Appalachia, including Massey Energy Co. (NYSE:MEE), Alpha Natural Resources Inc. (NYSE:ANR), International Coal Group Inc. (NYSE:ICO) and Teco Energy Inc. (NYSE:TE)....
Posted on June 12, 2009 9:15 AM
Up and down the steel value chain, the deals continue. Today's example: Cleveland-Cliffs Inc., the largest producer of iron-ore pellets in North America, will acquire coal miner Alpha Natural Resources Inc. for $10 billion in stock and cash. The strategic rationale is that the enhanced size and scale of the firm will help meet the growing needs of world steel producers....
Posted on July 16, 2008 10:31 AM
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