Falcone’s Harbinger Capital Hedge Fund Down 47% In 2011
2011 was a brutal year for hedge funds, averaging a miserable -4% return for investors. Billionaire Phil Falcone was no exception as his huge bet on LightSquared dragged performance down to a…
ETFs Are Going BATS … and Why You Should Care!
Contributor Post By: Ron Rowland The ETF marketplace changed last month. You didn’t notice? Don’t worry, you’re not alone. Today I’ll tell you all about it. You already know that “exchange traded…
Coinstar Jumps Over 12% on Earnings
Proof that consumers still love a physical product, Coinstar (owner of Redbox) rocketed over twelve percent in after hours trading. The jump is attributed to a strong earnings report detailing 33%…
Sallie Mae: Fees the Unemployed, Then Deletes Backlash on Facebook
Nominal fees targeted at the demographics who will feel them most simply don't work. Bank of America thoroughly illustrated this concept with the short-lived monthly fee on their debit cards,…