Archives: April 2007

The World According to Milton Balbuena

Posted by: Lauren Young on April 28

Recently I caught up with Milton Balbuena of Contango Capital Advisors in Berkeley, Calif. Contango is a wealth management firm that services high-net worth clients as well as many entrepreneurs...

VMware IPO reveals skyrocketing revenue and expenses

Posted by: Aaron Pressman on April 26

EMC (Symbol: EMC) filed a registration statement with the SEC this morning for spinning off a 10% stake in its VMware unit, which helps companies reduce the number of computer...

Newspaper stocks are actually hot outside of the U.S.

Posted by: Aaron Pressman on April 24

(Updated 4/25) Most of the big U.S. newspaper publishers announced their first quarter results over the past two weeks and the long-suffering sector has only seen its fortunes sink lower....

A few more worthy spin-offs

Posted by: Aaron Pressman on April 23

I have a story in this week's magazine (still behind the subscription wall) about a highly-successful strategy for value investors -- spin-off spotting. For a variety of reasons, a pretty...

Changes at Fidelity clarifying succession picture

Posted by: Aaron Pressman on April 19

The news out of mutual fund giant Fidelity Investments today that Chief Operating Officer Bob Reynolds is retiring marks the most significant management development at the Boston firm since Reynolds...

New investment choice for deteriorating credit

Posted by: Aaron Pressman on April 17

Seems like everyone and their broker is calling for a decline in corporate bond credit quality, especially at the lower end of the ratings scale. The fund innovators over at...

Making Sense of the Merrill Rule

Posted by: Lauren Young on April 12

Last week many of the independent financial advisers I speak to were jumping for joy at a decision by the U.S. Court of Appeals for the District of Columbia Circuit....

Some question usefulness of bond ETFs

Posted by: Aaron Pressman on April 11

There are many ways for individual investors to tackle fixed-income investing. It's easy and free to buy Treasury securities direct from Uncle Sam. You can even set up automatic rollovers....

MetroPCS IPO pricing next week

Posted by: Aaron Pressman on April 10

Shares of innovative wireless carrier MetroPCS are expected to be priced one day next week. That's as specific as lead underwriters Bear Stearns will go. The expected price range is...

Dozens of closed-end funds on sale

Posted by: Aaron Pressman on April 06

I have a short story (still behind the pay wall) in today's magazine about the latest craze in closed-end funds, so-called dividend capture funds. Bottom line: They're a solid option...

MetroPCS IPO draws closer

Posted by: Aaron Pressman on April 04

Finally an update on the upcoming IPO of cellular innovator MetroPCS (which will trade under the symbol PCS) and it still looks like a pretty hot deal. Recall from my...

Court invalidates SEC's less-than-clear adviser rules

Posted by: Aaron Pressman on April 02

A little noticed D.C. Court of Appeals ruling at the end of last week struck an important blow for ordinary investors. The court threw out the Securities and Exchange Commission's...