wikinvest Sr. Director
|last edit 1703||days ago|
I believe that many retail investors (and probably pros, too) entangle security investments so as to render them impractical at best, hopelessly confusing at worst.This is why it is wise to divide one's portfolio into three distinct parts. I recommend an Income Portfolio, a Permanent Portfolio and a Speculative Portfolio - kept at three divorced discount... read more
PNC Financial Services Group (PNC)has acquired RBC Bank (USA) for $3.45b, a $112m discount to tangible book value. PNC will likely start making money on this transaction sometime in early 2013. The stock presently trades at $56.80 with a fifty two week range of $49.43-$65.19.The transaction is to close in March, 2012.
One appreciates the long term... read more
Ignacio Galan, chief executive of the Spain-based energy group Iberdrola, was quoted in the Financial Times (May 23, 2011)stating that the rise in United States shale gas production has transformed the country's power-generating industry, driving down gas and electricity prices. "Shale gas makes the production of electricity from other sources not... read more