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Finding Solid Income and Tax Breaks Using Energy MLPs
In an era of very low interest rates and unpredictable equities, nearly any solid ground is welcome. Yet pouring your safe money into any single-asset income class, even income dividend stocks, is a significant risk.
Sometimes, the risk is obvious.
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Investors Flock Back to US Dollar as Global Woes Mount
The escalating Greek debt crisis and spotty but sustained U.S. economic recovery have investors viewing the greenback as a safe haven these days, which has gold losing its luster.
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Soros Buys Shares of JPMorgan, Suntrust Banks and Sells Google
Billionaire George Soros’s investment firm added to financial stocks in the first quarter, including shares of JPMorgan Chase & Co. and Suntrust Banks Inc. He sold the company’s stake in Google Inc.
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Rasmussen Poll: Half Americans Have Faith in Banking Sector
About half of Americans have faith in the stability of the U.S. banking system while a third feel they are going to lose money due a pending bank failure, a Rasmussen poll finds.
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Soros Raised Stake in SPDR Gold Trust in 1st Quarter
Billionaire investor George Soros raised his stake in the SPDR Gold Trust in the first quarter, according to a government filing. As of March 31, Soros Fund Management LLC held 319,550 shares in the exchange-traded product backed by the precious metal, compared with 85,450...
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Buffett's Berkshire Buys GM, Viacom Stakes in Bet on Stocks
Berkshire Hathaway Inc. disclosed stakes in General Motors Co. and Viacom Inc. as deputies Todd Combs and Ted Weschler, both former hedge-fund managers, built their portfolios under Chairman Warren Buffett. Buffett's firm had 10 million shares of the automaker on March 31,...
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Activist Investor Whitworth Takes PepsiCo Stake
PepsiCo Inc. said activist shareholder Ralph Whitworth has taken a stake in the company and has held constructive meetings with executives.
The holding by Whitworth's Relational Investors LLC as March 31 will be disclosed in a regulatory filing as soon as Tuesday, said...
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Jones’s Tudor Wagers on Financials With JPMorgan, Exchange Fund
Tudor Investment Corp., the $11 billion hedge fund run by Paul Tudor Jones, bought shares of an exchange-traded fund that tracks financial companies, and a stake in JPMorgan Chase & Co., during the first quarter.
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Hedge Funds Eye Further Profits From JPMorgan Losses
Hedge funds are positioned to squeeze more profits from JPMorgan & Co.'s losing position in U.S. credit derivatives, after racking up tidy gains from a lucrative trade that could end up costing the bank more than $3 billion.
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Patriot Coal Falls as Forecast Cut on Potential Customer Default
Patriot Coal Corp. dropped the most in four months after cutting a week-old forecast for sales of steelmaking coal mined in Appalachia because of a potential default by a customer.
The shares fell 12 percent to $4.24 at 11:12 a.m. in New York. Earlier they slid 13 percent,...
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Chesapeake Shares Fall on Downgrade, Higher Loan
Chesapeake Energy Corp. shares dropped as much as 6.5 percent following a credit rating downgrade and news that the natural gas producer will boost its borrowings to $4 billion from the planned $3 billion as it faces a liquidity crunch.
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Foreign Holdings of US Debt Hit Record High
Foreigners increased purchases of long-dated U.S. securities including government bonds in March, the U.S. Treasury said on Tuesday, but unloaded short-dated items such as bills.
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S&P Strategist: Pace of S&P 500's 5% Drop Hints at ‘Contained’ Pullback
The Standard & Poor’s 500 Index took longer than usual to fall 5 percent from its peak this year, a sign that any further retreat in U.S. stocks will be “contained,” according to Sam Stovall of S&P.
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Brooks Charged in UK Phone-Hacking Cover-Up
Rebekah Brooks, a close confidante of Rupert Murdoch, was charged on Tuesday with interfering with a police investigation into a phone-hacking scandal that has rocked the tycoon's media empire and sent shockwaves through the British political establishment.
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Jim Rogers: I Hate the US Dollar, But I Own It Anyway
The dollar is not the "safe haven" asset that everybody thinks it is, but it's a good investment in the short term because everyone is buying it, says famed commodities investor Jim Rogers.
European debt worries have fueled safe-haven demand for the U.S. currency, which has...
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Tepper's Appaloosa Bets on Tech with Apple, Google
Appaloosa Management LP, the hedge fund run by David Allan Tepper, bet on technology in the first quarter with purchases of Apple Inc., Google Inc. and an exchange-traded fund that mimics the Nasdaq 100 Index. The hedge fund, based in Chatham, New Jersey, bought 503,000...
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Getting in on Facebook IPO Tough for Small Investors
Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels or a lot of money. Most people who like the idea of owning Facebook's stock will have difficulty getting it at the offer price, currently expected at...
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Data Manager BackOffice Associates in Talks for IPO
BackOffice Associates LLC, a provider of data management software and services, is talking to bankers about an initial public offering, Chief Executive Officer David Booth said. Goldman Sachs Group Inc., an investor in the South Harwich, Massachusetts-based company, is among...
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BMC Shares Rally After Investor Calls for Sale
Shares of BMC Software Inc., a maker of software to manage corporate computer networks, surged the most in more than three years on Monday after the company said Elliott Associates LP would seek five board seats and push for a sale. The shares rose 8.8 percent to $43.96 at...
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Facebook's Zuckerberg Turns 28 as Company Nears $100 Billion IPO
Don't let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO.Facebook's chief executive turns 28 on Monday, setting in motion the social network's biggest week ever.
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Investors Missing Rally Dump Bearish Bets
As individuals bail out of U.S. stocks at the fastest rate in three decades, professional speculators have cut bearish bets by the most since 2008.
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Chesapeake Shares Rise on Reports of Icahn Stake
Shares of Chesapeake Energy Corp. rose nearly 6 percent before Monday's opening bell on published reports that billionaire investor Carl Icahn has bought a significant stake in the natural gas company.
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Most Buying in Muni Debt Since 1993 Refutes Default Wave Specter
Individuals undeterred by the lowest tax-free yields in a generation are pouring the most money in 19 years into municipal debt, leaving local-government interest rates poised to drop further.Buying now makes sense because coupon and principal payments will total $113...
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Dimon Fortress Breached as Push From Hedging to Betting Blows Up
David Olson, a former head of credit trading in JPMorgan Chase & Co.’s chief investment office, learned about risk as a U.S. Navy nuclear submarine pilot.
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Apple Founder Wozniak Would Buy Facebook Stock at Any Price
Apple Inc. co-founder Steve Wozniak said investors looking to make money should buy Facebook Inc. shares when the social networking site sells stock in what may be a record initial public offering for an Internet business.
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