Income Portfolio recommendations have taken a hit from misplaced worries about their exposure to the subprime and high-yield markets. Read More
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In late July, contract drillers Transocean and Global SantaFe announced a merger of equals; the deal is expected to close in the fourth quarter of this year. Read More
The proposed merger of Global SantaFe and Transocean would create the world’s largest contract drilling firm; the deal suggests there could be more mergers and acquisitions in the pipeline... Read More
The Big 3 US automakers have some $114 billion in unfunded healthcare liabilities... Read More
Back in April, we provided you with some ways to profit from the more than 90,000 carloads of freight moved on American railroads every day. We recommended four companies that manufacture... Read More
Think the term CDO is evil? Years ago another dirty word crept into the financial lexicon. The very mention of “derivatives” drew gasps from the mouths of average individual investors. Read More
Whether it’s the stock, bond or energy markets, we can’t get away from investors pulling a Walter Mitty: trading in and out of every next new thing. Read More
Strengthened by a solid profit reports, the US stock market continued to climb higher, sending a sigh of relief for jittery investors. The market’s recent up-and-down action... Read More
Thornburg Mortgage (NYSE: TMA) continues to see its common and preferred shares take a beating, while the underlying business remains far from threatened under normal operating conditions... Read More
Long Hauler Brookfield Asset Management (NYSE: BAM) reported strong second earnings with profits up 13 percent Friday. With a portfolio of... Read More