What's a Realistic Retirement Age?
Farmers Hit the Jackpot in Kansas Oil Boom"The Arbitrage Fund (ARBFX) invests in mergers and acquisitions by purchasing the acquired company's stock and typically shorting the acquirer; this strategy yields the 'spread' if and when the deal closes," reports Ian Wyatt.
The editor of The Recovery Letter, explains, "Fund manager John Orrico and his team avoid deals with low probability of closing by following a robust, time-tested model that eliminates hostile takeovers, deals that need to jump regulatory hurdles, and those requiring financing that might be difficult to obtain.recovery portfolio posts
FeedInvesting in Mergers: The Arbitrage Fund (ARBFX)
Continue reading Investing in Mergers: The Arbitrage Fund (ARBFX)
Call on Verizon (VZ) for smartphone growth
"We are at the early stages of witnessing a transformation of wireless activities away from voice and towards data for both personal and business customers," says says Ian Wyatt.
In his The Recovery Portfolio, he explains, "This portends great things Verizon Communications (NYSE: VZ), which has the best wireless network in the U.S. (For more on Verizon, see my recent post, The Safest Dividend in the Dow.)
"Verizon provides wireline service to 35 million access lines and 87 million wireless customers. It recently picked up 13 million of these wireless subscribers upon completion of its $28 billion purchase of privately held Alltel in January.
"My investment thesis for Verizon is all about growth in its wireless operating segment. Smartphone penetration, which is more profitable for Verizon, is still small and growing very rapidly.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
