An interest-rate spike is never a good reason to sell a good business, no matter how “interest-rate sensitive” the Wall Street consensus considers it. Read More
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Dominion Resources will buy back up to 16 percent of its shares through a "Dutch auction." Read More
You can look like you’ve got the big herd and talk like you’ve got the vast ranch upon which the sun never sets. Read More
We're adding a new group of floating-rate bond funds to our Cash Cow mix of closed-end, fixed-rate funds to proved a shock-absorber with bond rates jumping up and down. Read More
Edwin Starr had a hit song in the early 1970s called “War, What Is It Good For?” A lovely sentiment, but if you’re a defense company, war is good for profits. Read More
Unless a major crisis suddenly erupts, the Euro-area economy should be able to grow at a rate of more than 2.5 percent this year. Read More
Stocks, stocks, stocks: That’s pretty much all we hear and read about from all of the usual suspects in the markets. And why not? Read More
We know that some of you might be thinking we’re off our rockers. Don’t we read the financial papers or listen to the talking heads on business television? Read More
US stocks futures went for a rollercoaster ride Thursday after the Independence Day break. Read More
Before the bell this morning, our longtime Income Portfolio holding Dominion Resources (NYSE: D) announced the sale of its oil and natural gas exploration and production operations in the mid-continent basin to Growth Portfolio Cash Cow Linn Energy (NSDQ: LINE). Read More