Recent Posts

GPG thrown curved ball as UK regulator looks at Coats pension plan

Guinness Peat Group’s wind-down may face a bump in the road after the UK Pensions Regulator indicated it’s taking a look at two of the pensions schemes the investment firm is responsible for. The group, which expects to rebrand under the name of its UK threadmaker unit, Coats, later this year, has been told by the British regulator the watchdog …

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GPG’s Campbell joins Tourism Holdings Board

Guinness Peat Group chairman Rob Campbell, who was brought into the investment firm to oversee its wind-down, has joined the board of rental campervan operator Tourism Holdings. The appointment takes the number of independent directors on the Tourism Holdings board to five of the six-strong board, and the company expects to make another addition in coming months, said independent director …

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While you were Sleeping, Record Run Continues

Wall Street climbed to fresh highs as investors bet that the pace of the economic recovery, both at home and abroad, will sustain corporate profit growth. The initial catalyst for today’s rally was another piece of good news from China. Reports showed that the nation’s imports increased more than expected last month, rising 14.1 percent, while export growth eased to …

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