Paulson Buys Sprint, MetroPCS in Telecom Takeover Plays – Bloomberg 02-14-13

Salient to Investors: John Paulson at Paulson & Co. is focusing on event-driven investing – bet on companies facing mergers, spinoffs and bankruptcies – in 2013 after losses on wrong-way bets on the U.S. and European economies over the previous two years. Read the full article at http://www.bloomberg.com/news/2013-02-15/paulson-buys-sprint-metropcs-in-telecom-takeover-plays.html Free email alerts of articles as soon

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Abe Election Is Steinhardt Win as WisdomTree ETF Triples – Bloomberg 02-14-13

Salient to Investors: The assets of Michael Steinhardt’s WisdomTree Investments’ Japan Hedged Equity Fund have tripled since the start of 2013. The rapid growth of the fund highlights investors’ embrace of ETFs as vehicles for short-term trades in a way traditional mutual funds, with their higher fees and trading restrictions, haven’t been used. IndexUniverse

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Deutsche Bank Sides With Goldman Betting on Turkey Bank Drop – Bloomberg 02-14-13

Salient to Investors: Albert Krespin at Deutsche Bank expects Turkish banking shares to continue their correction in the near-term, and advises switching from banking shares to industrial companies, which offer higher dividends. Dmitry Trembovolsky and Alexey Butylin at Goldman Sachs advised selling Turkish banks last week as earnings will decline and repatriation of money into the US could

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Soros Said to Make $1 Billion Since November on Yen Bet – Bloomberg 02-14-13

Salient to Investors: George Soros made almost $1 billion since November from bets that the yen would tumble. Scott Bessent at Soros Fund Mgmt has 10 percent of the firm’s internally managed portfolio betting on rising shares in Japan. Read the full article at http://www.bloomberg.com/news/2013-02-14/soros-said-to-make-1-billion-since-november-on-yen-bet.html   Free email alerts of articles as soon

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Apple at Cheapest Since 2000 Signals Buy to Gamco, Thornburg – Bloomberg 02-13-13

Salient to Investors: Analysts have cut price targets by 21 percent since the stock peaked in September 2012. Apple is trading at 10.6 times reported earnings versus the S&P 500’s multiple of 15, near the widest discount since December 2000. The last time Apple traded at such a discount, it went on to

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