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Keeping cool in the credit crisis

Yesterday Wiley, the book publisher, sent me a flyer entitled “Keep your Cool in the Credit Crisis”. It was promotional blurb on eight books that promise to help, including two from the ‘For Dummies’ range. The ‘b side’ lists eight ‘Crash Classics’. When publishers bring out ‘Credit Crunch for Dummies’ books*1 and ‘best of’ compilations [...]

Fractal finance and the dull thing about buses

Looking back on my notes on Darwen (DHP), here are some quotes from the 2006 accounts of Optare*1, the bus company Darwen is buying on July 14 may be buying (*see below), that reveal a slightly more downbeat view of the bus biz. My notes follow them:
The market for new passenger vehicles is relatively static [...]

Darwen dares, madness at Meldex

Last month Andrew Brian, Darwen (DHP) chief executive, explained how he planned to shake up bus manufacturing and create a range of hybrid diesel-electric buses,  but there are a couple of surprises in the detail now he’s putting the acquisition of  rival bus manufacturer Optare to shareholders. The new name is Optare, not Darwen, and [...]