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US Futures Pare Losses, but Trend Still Down

Wilbur Ross Profile, Biography, About

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  • With shipping prices ridiculously low, what should you do with the dry bulk shipping stocks?

  • Wilbur Ross in no rush to take IAC public Wednesday, 16 Jan 2013 | 8:45 PM ET

    DETROIT, Jan 16- Billionaire investor Wilbur Ross wants International Automotive Components, the auto supplier he controls, to go public to get access to cheaper capital, but he added he was in no rush for an initial public offering.

  • *Already owns stakes in Virgin Money, Bank of Ireland. LONDON, Dec 13- Billionaire U.S. investor Wilbur Ross is targeting more deals in Europe's financial services industry after buying into a listed company that failed to make its own inroads into the sector.