Author: InvestAdvocate

America’s Best Mutual Fund Managers

By J. Alex Tarquinio Bruce Berkowitz spends his days like a lot of other fund managers: reading economic reports, chatting about investment ideas with his chief research officer and meeting with companies he’s thinking of adding to the portfolio. But his ho-hum routine is producing something many managers can’t seem […]

Banks lead S&P 500 to seventh week of gains

By Rodrigo Campos – Fri Jan 14, 2011 NEW YORK (Reuters) – The S&P 500 ended a seventh straight week of gains with a banks-led rally amid healthy volume after encouraging financial results from JPMorgan.   Strength in financial stocks helped offset economic reports that showed soft December retail sales and consumer sentiment dented by […]

Goldman’s Blankfein pitches for Groupon’s IPO: report

– Fri Jan 14, 2011 NEW YORK (Reuters) – Goldman Sachs Chief Executive Officer Lloyd Blankfein went to Chicago to pitch Groupon executives on hiring his bank to underwrite the online coupon company’s initial public offering, Bloomberg reported on Friday.   The report was attributed to a single unnamed source. Banks are currently pitching to […]