Best Stocks To Buy For 2013: Dividend

[ April 23, 2014 | Author: Admin | Views: 36783 | Weather: | Mood: normal]

The career of Guru Wilbur Ross, the global restructure expert, is vividly painted with company turnarounds too numerous to mention. Indeed, this art lover, whose art collection is valued at around $150 million, has a rare gift for transforming failing companies that transcends ordinary business and taps into the creative realm. Like the artists that he loves he owns 25 paintings by Magritte – Guru Ross has vision. He sees not only what is but also what could be. Restructuring is his medium and it pays well. According to Forbes, this self-made billionaire has a net worth of $2.6 billion as of Sept. 2013. Beginning in 1976, Wilbur Ross led the worldwide bankruptcy advisory practice at Rothschild Inc. for more than 20 years. He has restructured more than $200 billion in liabilities worldwide. [ Enlarge Image ] At Invesco Private Capital, WL Ross & Co. LLC is a private equity … Continue reading

[ April 23, 2014 | Author: Admin | Views: 96022 | Weather: | Mood: normal]

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Chinese smartphone chip maker Spreadtrum Communications (NASDAQ: SPRD  ) surged 17% today after Tsinghua University, through its subsidiary Tsinghua Unigroup, offered to acquire it for $1.4 billion. So what: The all-cash offer values Spreadtrum at $28.50 per American depositary share and represents a premium of 20% to its closing price on Thursday. Spreadtrum’s stock also spiked earlier this month after management raised its short-term revenue outlook, so Unigroup might be looking to pounce on the strong smartphone demand before the space gets too expensive. Now what: Spreadtrum said that it is reviewing the proposal and has not made any decisions. “We are enthusiastic about Spreadtrum’s business and market position globally and here in China,” Unigroup … Continue reading

[ April 23, 2014 | Author: Admin | Views: 8674 | Weather: | Mood: normal]

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Chinese smartphone chip maker Spreadtrum Communications (NASDAQ: SPRD  ) surged 17% today after Tsinghua University, through its subsidiary Tsinghua Unigroup, offered to acquire it for $1.4 billion. So what: The all-cash offer values Spreadtrum at $28.50 per American depositary share and represents a premium of 20% to its closing price on Thursday. Spreadtrum’s stock also spiked earlier this month after management raised its short-term revenue outlook, so Unigroup might be looking to pounce on the strong smartphone demand before the space gets too expensive. Now what: Spreadtrum said that it is reviewing the proposal and has not made any decisions. “We are enthusiastic about Spreadtrum’s business and market position globally and here in China,” Unigroup … Continue reading

[ April 23, 2014 | Author: Admin | Views: 44223 | Weather: | Mood: normal]

The housing market is recovering. Prices are higher. Volumes are picking up. And builders are feeling more confident. But there’s one statistic that continues to fall: the homeownership rate. While this has led many observers to wonder whether we’re becoming a nation of renters, the data simply doesn’t support such a gloomy conclusion. A deceivingly dramatic declineTo be clear, the homeownership rate has dropped considerably over the past few years. At its peak in 2004, an estimated 69.2% of occupied housing units were owned by the people living in them. By the first quarter of this year, the percentage had fallen to 65%. If you didn’t follow the housing market closely, you’d be excused for concluding that a roughly four percentage point decline in the homeownership rate is nothing to write home about. But once you start looking into the numbers behind the figure, it becomes apparent that this is … Continue reading

[ April 22, 2014 | Author: Admin | Views: 16153 | Weather: | Mood: normal]

In one fell swoop, Mary Barra is going from a 33-year General Motors employee to the first female CEO in the history of Big Auto. Barra inherits a company fresh from its lifesaving bailout by the government and the exit of U.S. ownership of shares, but one that remains still shackled in some ways to the past and facing a difficult future in the world auto markets. Here are the top five things USA TODAY, based on interviews with analysts and experts, contends she needs to do right away to restore the company’s greatness: BARRA: First female CEO at major carmaker PROFILE: Who is Mary Barra? COLUMN: Barra excels in male-dominated industry FROM SEPTEMBER: GM’s Akerson: Female CEO inevitable OUTGOING CEO: Akerson brought big improvements Plan to win, not just join, the race to self-driving cars. GM showed its tech prowess by leading on plug-in cars with the Chevrolet Volt. … Continue reading