Paulson Buys, Buffett Sells in Duel on SunTrust Banks (Update1)
Paulson Buys, Buffett Sells in Duel on SunTrust Banks (Update1)
John Paulson, who amassed a fortune by betting against U.S. mortgage markets, became the biggest stakeholder in SunTrust Banks Inc. while fellow billionaire Warren Buffett was cutting his stake in the Atlanta lender.
Read more on BusinessWeek
First Pacific Advisors Buys Aon, Vodafone Group Plc, Pfizer Inc, Sells The Brink’s Company, …
First Pacific Advisors Buys Aon, Vodafone Group Plc, Pfizer Inc, Sells The Brink’s Company, …
First Pacific Advisors runs a family of funds which has been very successful. FPA is led by CEO Robert Rodriguez. This is the Q4 portfolio update of First Pacific Advisors. Read more » »
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Categories: mortgage merge Tags: Advisors, Brink's, buys, company, First, Group, Pacific, Pfizer, sells, Vodafone
AIG Sells Canadian Mortgage Insurer to Pension Group (Update1)
AIG Sells Canadian Mortgage Insurer to Pension Group (Update1)
Jan. 5 (Bloomberg) — American International Group Inc., the insurer rescued by the U.S., agreed to sell its Canadian mortgage guarantor to a group led by the Ontario Teachers’ Pension Plan as the firm scales back bets tied to home loans.
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AIG sells Canadian mortgage insurance unit
AIG sells Canadian mortgage insurance unit
The Canadian mortgage insurance business of American International Group Inc. will be sold to a private investor group headed by the Ontario Teachers’ Pension Plan, the groups said Tuesday.
Read more on AP via Yahoo! Finance