November 20, 2011 |
Question: I'd like to know whether I should keep my shares in Vanguard Capital Opportunity Fund. Answer: It is understandable that some longtime owners of this popular fund would become concerned. Underperforming stocks of Research in Motion, maker of the BlackBerry, and chip maker Cree Inc. have lately held back overall results, a natural consequence of a contrarian growth approach that often includes volatile technology. The Vanguard Capital Opportunity Fund was up less than 2% in a recent 12-month period to rank in the lower one-fifth of large growth funds.
November 5, 2011 |
Bill Spawr's last little trick Saturday with his Breeders' Cup Sprint entry Amazombie was to tie the gelding's tongue to the bottom of its mouth with a white bow. Veteran trainer Spawr, a horseman since his teens who arrives at his barn at 3:15 a.m. daily, found tying the tongue keeps the horse easier to handle at critical moments when it might tend to lose control. With that, Spawr, 72, handed over the star horse of his lifetime to decorated jockey Mike Smith , who guided the 5-year-old from a runner-up spot at the top of the stretch to a dramatic victory by a neck over Force Freeze.
October 21, 2011 |
"Margin Call" takes ripped-from-the-headlines events and dramatizes them for all they're worth. Which turns out to be quite a lot. Starring a top cast including Kevin Spacey, Jeremy Irons, Stanley Tucci and Paul Bettany, "Margin Call" returns us to where previous films, including the Oscar-winning documentary "Inside Job" and the HBO drama "Too Big to Fail," have gone before: the opening days of 2008's global financial crisis. But this time, it's different. It's different because this confident, crisply made piece of work does an expert job of bringing us inside the inner sanctum of a top Wall Street investment bank in extremis, giving us a convincing and coolly dramatic portrait of what it must have been like when titans trembled.
August 20, 2011
Galaxy tonight VS. SAN JOSE When: 7:30. Where: Home Depot Center. On the air: TV: Prime Ticket; Radio: 1330 (Spanish). Records: Galaxy 13-3-9; San Jose 5-9-10. Record vs. San Jose: 0-0-1. Update: It's been a bit of a crazy week in Carson. In a matter of five business days, the Galaxy inquired about Irish forward Robbie Keane, signed him, traded designated player Juan Pablo Angel, helped expedite Keane's visa, flew him in and had the striker training by Friday.
August 1, 2011 |
A rare alliance of healthcare rivals — a giant insurance company, a major hospital chain and a large doctors group — has managed to reduce healthcare costs through a radical new strategy: working together. The collaboration among Blue Shield of California, Catholic Healthcare West and Hill Physicians Medical Group shaved more than $20 million in costs last year and prevented an insurance rate hike for public sector workers in Northern California. The three partners cite evidence that the quality of care also improved: Hospital stays were shorter, readmissions dropped and doctors and nurses kept closer tabs on patients.
June 28, 2011 |
For Mark Trumbo , it was an in-game adjustment in Florida on June 22, one that turned an awful start at the plate into a satisfying night in which he got two key hits in a 10-inning victory for the Angels. For Peter Bourjos , it was a pregame adjustment in Seattle on June 14, one that sparked an 11-game stretch in which he was 13 for 32 (.406), including four hits Monday night, to raise his average from .243 to .264. The common denominator: Mickey Hatcher , the batting instructor who seems to get most of the blame when the Angels aren't hitting and little of the credit when they are. Bourjos hit .176 (18 for 102)
April 21, 2011 |
Amgen Inc. provided a long-term financial forecast above Wall Street estimates and said it would begin paying a dividend this year amounting to about 20% of its adjusted net income, and increasing in the future. The world's largest biotechnology company, seeking to map out its growth strategy, told a meeting of investors and analysts in New York on Thursday that it expects 2015 revenue of $16 billion to $18 billion and earnings of $7.25 a share to $8.60 a share. Analysts on average are estimating 2015 earnings of $7.16 a share and revenue of $16.95 billion, according to Thomson Reuters, but Amgen shares fell 4.5% Thursday.
April 19, 2011
Goldman Sachs took a hit to its first quarter earnings after paying dividends to billionaire investor Warren Buffett's company, which invested $5 billion in the bank at the height of the financial crisis in 2008. The investment bank's first-quarter income fell 72 percent to $908 million after it paid $1.64 billion in dividends to Berkshire Hathaway Inc. Goldman Sachs Group Inc. said its revenue fell 7 percent to $11.9 billion on weakness in some of its core businesses including stock and bond trading and advising clients.
March 23, 2011 |
Bank of America Corp. revealed Wednesday that the Federal Reserve rejected its plan for a modest dividend increase in the second half of the year, even as other large banks are raising dividends in the first half of the year. The bank, based in Charlotte, said in a securities filing that it would continue to work with the Fed and planned to submit a revised capital plan that would again call for a modest increase in the quarterly dividend, now at 1 cent a share. A spokesman said BofA would resubmit its proposal in "the coming months.
March 21, 2011 |
Citigroup Inc. will resume paying a nominal dividend after it uses a reverse stock split to shrink the number of shares outstanding, taking a small step in its recovery from the financial crisis. Citigroup will pay a quarterly dividend of a penny a share, its first payout since 2009. But the bank's shares dropped Monday, in part because it remains behind rivals like JPMorgan Chase & Co., and Wells Fargo & Co. Those banks Friday received regulatory authorization to increase their dividends as much as 20 cents a share and buy back stock.