Industry Sectors - Aerospace & Defense: Third
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Industry Sectors - Aerospace & Defense: Third

Inching up to the third team from runner-up, David Perry’s quartet at Goldman Sachs International impressed allies by downgrading Italy’s Finmeccanica in June 2009, at €9.54.

THIRD TEAM


David Perry & team Goldman Sachs International


Inching up to the third team from runner-up, David Perry’s quartet at Goldman Sachs International impressed allies by downgrading Italy’s Finmeccanica in June 2009, at €9.54. That was a little early, but in January 2010, when shares of the military-aircraft provider reached €11.19, Perry slashed his earnings estimates, citing declining defense budgets. By the end of last year, the stock had dropped 10.8 percent, to €8.51. “David has an excellent feel for the markets and a deep understanding of how companies work,” insists one grateful backer.


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