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EVER SINCE 2005, when hedge-fund star Edward Lampert began running Kmart and Sears, many have eagerly waited for him to work his magic. The veteran investor, whose ESL Investments’ RBS Partners Fund now controls 55% of Sears Holdings , the combined operation, espoused cost cuts as a sure-fire way to improve profitability. Redundant stores would [...]
Want to ditch that old window air conditioner that sounds like a jet engine every time you switch it on? Uncle Sam is giving you a little more incentive. On the heels of the “cash for clunkers” program, which ended Monday, the Department of Energy (DOE) is betting a similar program will inspire consumers to [...]
After rallying 50% from its March low the market is starting to look expensive – and it looks even pricier when you factor in that we’re heading into September, historically, the worst month for stocks. But that doesn’t mean investors should take their profits and run. Caution, not bearishness, should rule the day, these brokerage [...]
Housing in Spotlight as Toll Misses Forecasts Sales of new and existing home have been on the upswing lately. But housing stocks could come under pressure today after a weak report out of luxury homebuilder Toll Brothers (TOL), the country’s largest seller of high-end houses. Toll said revenues in its fiscal third-quarter fell 42% to 1.4 [...]
Obama Nabs Presidential Nomination Barack Obama becomes the first African-American nominee of a major party. Oh so briefly, Obama’s former rival, Sen. Hillary Clinton puts grievances aside and asks that the state-by-state vote be suspended so Sen. Obama can be chosen by acclamation. Bill steps up to the plate later in the evening and brings [...]
superlott asked: I have more or less $50-60 dollars that I want to start investing for the long run. What kind of stocks will do best for me in the long run? What stocks are safer and which are more risky?Stan wicks
Which 1′s Pink asked: I don’t have a lot of money to start with. What I am looking for is, who to contact? What company? What type of investments, real estate, stocks and bonds? I have three children oldest is 10 youngest is one, I need to make money fast and bend into a long [...]
mvacation1 asked: I am interested in finding out what types of investing people do and the greatest success they had over a period of time. I am not interested in someone trying to sell me a product. Also, I am interested in finding out any failure they may have had in investing.Investing Interviews
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