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His ambitious strategy for the next four years aims to triple net profits while concentrating 55% of "core assets" in OECD countries.
"If Yukos loses the tax case, the company may find itself under the threat of forced sale of core assets, insolvency procedures or effective nationalization of its assets," she said.
Olympus, which still risks being delisted from the Tokyo stock market and forced into a humiliating sale of core assets, said it would form a second external panel to examine the responsibility of the company's auditors.
CalPERS's 2007 plan shows just how much of a punt people were prepared to take in the boom: it allows the proportion of core assets to go as low as 20% of the fund's total property investments, and opportunistic ones as high as 40%.
We first identify the key characteristics of core assets, and derive a set of quality attributes that characterizes the reusability of core assets.
This paper proposes a comprehensive framework for evaluating the reusability of core assets.
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I e-mailed her back and said, 'What time should I be there?"' Mr. Diamond spent an hour speaking to Ms. Feng's class about the major events of the financial crisis, including his bank's 2008 purchase of Lehman Brothers' core assets, the nationalization of the insurer American International Group, and the transformation of Goldman Sachs and Morgan Stanley into bank holding companies.
He said that Barclays would be "selling one of the core parts of their core assets".
Bank of America, through its acquisition of Merrill Lynch, is now the world's largest asset manager, with most of its core assets in the United States.The American Bankers Association said its measure of delinquent loans (where a payment is at least 30 days late) had reached a new record in the first quarter.
It has since sold many of its core assets but is still working to unwind thousands of derivatives, open trades and intercompany transactions.
A full break-up of the business still looks compelling to us given some of the core assets - in particular the two major copper assets - could attract significantly higher valuations than is currently being ascribed by the market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com