U.S. top court rejects Pfizer punitive damages appeal
U.S. top court rejects Pfizer punitive damages appeal

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Whitney Tilson’s Bull Case On BP
There are some, like Pimco and Whitney Tilson’s T2, who enjoy talking their book, and demonstrating they just love to live dangerously by buying the stock of a company which has an U pside/ D ownside ratio of 1 (or 100% on both sides, with the government dead set on pushing the “equation” solidly to the D side). Then, there are those, who would rather go to Vegas, breathe in deeply some beta …

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Minimizing the tax drain
THE SENTIMENT OF MOSTAmericans toward taxes is likely in line with the famous statement of

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I blew my million-dollar inheritance
‘Sudden wealth puts you in a cocoon; it makes you feel invincible. I thought I was Superman’ When I was three, my father left home and I lived with my mother in a suburb of Toronto. She knew nothing about raising a child; she could barely look after herself – she would dress me in the cheapest clothes imaginable and my shoes were so ill-fitting it would hurt to run; every day it was agony just …

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Northrop Grumman to Repurchase $2B in Stock
Northrop Grumman to buy back $2 billion in stock, up to 11 percent of its shares Northrop Grumman – Business – Investing – Stocks and Bonds – Equities

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The Poor, Pilloried, Tech IPO
A decade ago, tech IPOs ruled the stock markets and Silicon Valley. They were the end-all and be-all for ambitious entrepreneurs and venture capitalists looking to become instant billionaires, or at least millionaires. That was many booms and busts ago. The IPO market never came back, and the multiple financial meltdowns which brought on Sarbanes-Oxley and other regulations made going public …

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Product Description
This indispensable investment guide asks the question: How can an individual invest successfully when the majority always fails? Charles Ellis, one of today’s most brilliant investment writers, has updated his influential book to include: Ways to escape the ravages of taxes and inflation; How to successfully pass your estate to your heirs (not the taxman!); Common investing mistakes and painless strategies to avoid them…. More >>
Winning The Loser’s Game

Northrop to buy back up to $2B in stock
Military contractor Northrop Grumman Corp., which has major South Bay operations, said Thursday that it will buy back up to $2 billion of its outstanding common stock, representing about 11 percent of the company’s current market capitalization.

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Stocks gain after downbeat economic data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports. Business – Investing – Jobless claims – Economics – Stocks and Bonds

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Summary Box: Rates Rise as Stocks End Week Higher
Summary Box: Interest rates turn higher as rising stocks ease demand for Treasurys Interest rate – Business – Investing – Stocks and Bonds – Equities

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