to upside ahead for XCO over the medium term. Wilbur Ross Wilbur Ross , founder of WL Ross & Co , has increased his involvement in XCO. In 2011, Ross doubled his stake in XCO to 13.7%. Complete
2011 from the prior year. Directors and officers collectively own 9.4% of the company (although outside investor Wilbur Ross owns more than 90% of that) and are required to own at least 10,000 shares each. We think this helps align their
heavily leveraged balance sheet. ICG was one of the larger independent miners in Appalachia. It was formed in 2004 when Wilbur Ross (of International Steel fame) combined the operations of several smaller bankrupt coal companies. ICG struggled operationally
"The worst part has got to be over ," says Wilbur Ross of natural gas, conceding his purchase of Exco ( XCO ) was a bit early. "(It) doesn't give cancer... very cheap per Btu
"The idea that inflation is gone forever ... (and) these artificially low rates can last, is silly," says Wilbur Ross , calling long-term Treasurys the greatest bubble. Turning to natural gas, where his big investment in XCO is sucking
NEW YORK, March 9 (Reuters) - WL Ross & Co and Ranieri Real Estate Partners LP on Friday said that they have acquired Deutsche Bank Berkshire Mortgage, a multifamily loan originator, from Deutsche...
(Reuters) - Billionaire Wilbur Ross -backed Assured Guaranty Ltd reported a narrower fourth-quarter loss, partially helped by recoveries of breaches of representations and warranties, sending its...
Feb 28 (Reuters) - Billionaire Wilbur Ross -backed Assured Guaranty Ltd reported a narrower fourth-quarter loss, partially helped by recoveries of breaches of representations and warranties, sending its shares up as much as 8.5 percent in after-market trade.
DUBLIN, Feb 20 (Reuters) - One of Bank of Ireland's major shareholders, U.S. billionaire Wilbur Ross , threw his support behind the bank's Chief Executive Richie Boucher on Monday ahead of a possible...
Either BankUnited's ( BKU ) decision to put itself up for sale means its PE owners ( BX , CARL , Wilbur Ross ) were just in it for a quick flip, or, more troubling, a crummy economy, overregulation, and sellers holding out for delusional