is moving closer to winning a $30 a share bid for refiner CVR (CVI) after he announced that 55% of outstanding shareholders have tendered their shares to his hostile campaign. For Icahn, a successful bid for CVR ? worth roughly $2.26 billion ? would be…
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The Street
Twitter, Facebook and other social media are increasingly influencing trading and investing, according to people who have something to sell you based on this notion. ? Not so Mike Driscoll, a former equities trader turned professor, who likens social m…
During the Occupy protests last fall, it was not unusual to see signs urging the return of the 1933 Glass-Steagall Act. But according to panelists at the Securities Traders Association of on Thursday, the landmark Depression-era law that separated comm…
What would a pair of veteran mutual fund managers buy if given a clean slate? The $130 million GoodHaven (GOODX), launched a year ago by former Fairholme Fund (FAIRX) managers Larry Pitkowsky and Keith Trauner contains the answer. These former Berkowit…
The economic crisis of 2008 put a real scare into many companies. It was shocking to see business suddenly plunge, and the race began to make sure that enough cash was on hand in case it turned into an extended downturn. As it turns out, the scariest m…
The financial-services sector, and asset managers in particular, has come roaring back this year amid signs of economic growth and an apparent resolution of the sovereign debt crisis in Europe. The positive outlook from investors has also renewed confi…
Banks boosting their dividends will lead to higher dividend yields in the benchmark S&P 500 Index, making investing more attractive to Americans who have preferred bonds. Last week the Federal Reserve gave a number of banks the green light to return ad…
How?s your portfolio paying out right now? If Mr. Market?s any indication, the answer should be better than ever. Dividend stocks hit a major milestone this week: The cash payouts of the S&P 500 are officially higher than they?ve ever been befor,e acco…
It takes an optimist to invest in natural gas-levered stocks right now. The commodity is trading at decade-low prices, raising questions about whether some companies will be able to survive long enough to benefit from a resurgence that could take years…
Since a real pullback has yet to materialize for the broad market, it looks like an ?invisible? one will have to do. Mark Arbeter, chief technical analyst at S&P Capital IQ, has been saying stocks are overbought since early February when the S&P 500 ($…