Gabelli Asset Management
Gabelli Asset Management Newswire

Gabelli Asset Management Newswire

Comprehensive Real-Time News Feed for Gabelli Asset Management.

Results 1 - 20 of 528 in Gabelli Asset Management

  1. Stocks pull out of dive; Dow up 619Read the original story w/Photo

    Thursday | NWAonline

    An afternoon surge Wednesday gave the U.S. stock market its best day in nearly four years, as stocks rebounded from a six-day slump. The three major U.S. indexes dropped six days in a row heading into Wednesday on concern that China's economy is weaker than investors had previously thought.

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  2. Billionaire Stanley Druckenmiller's New Bets On Basic MaterialsRead the original story w/Photo

    Tuesday Aug 25 | Insider Monkey

    The latest round of 13F filings has brought to light some interesting changes in the portfolio of hedge fund legend Stanley Druckenmiller . His fund, Duquesne Capital , now has enhanced exposure to basic materials stocks, with financial and tech stocks coming right behind.

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  3. Lou Simpson Boosts Stake in Charles SchwabRead the original story

    Tuesday Aug 25 | GuruFocus.com

    Warren Buffett once dedicated a section of his annual letter to shareholders to Lou Simpson , who was Buffett's chief investment officer at Geico for more than a decade. The section about Simpson was titled "Portrait of a Disciplined Investor."

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  4. Insider Buying: Pep Boys-Manny Moe and Jack major shareholder Purchases 2,200 Shares of StockRead the original story w/Photo

    Monday Aug 24 | AmericanBankingNews.com

    Pep Boys-Manny Moe and Jack major shareholder Gamco Investors, Inc. Et Al purchased 2,200 shares of the stock in a transaction dated Friday, August 21st. The stock was purchased at an average price of $10.86 per share, for a total transaction of $23,892.00.

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  5. Weekly CEO Buys Highlight: Tesla, Opko, MasTec, NSA Trust, Conifer HoldingsRead the original story

    Monday Aug 24 | GuruFocus.com

    According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: CEO, 10% owner of Tesla Motors Inc. Elon Musk bought 82,645 shares on 08/19/2015 at an average price of $230.77.

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  6. Gamco's Gabelli Says Economy Can Weather Strong Dollar, Oil RoutRead the original story

    Sunday Aug 23 | The Washington Post

    Mario Gabelli, chief executive officer of Gamco Investors Inc., said a strong dollar probably won't hurt U.S. economic growth, even as the greenback's rally drags earnings lower at companies that sell their products overseas. Speaking on the television program "Wall Street Week," Gabelli, 73, said there are a number of positive factors, including rising wages, growth in jobs and an improvement in state and local government spending, to counter any negative effects of a strong currency and the rout in energy prices.

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  7. David Abrams Focuses on Food, Fuel, Entertainment Stocks in Second QuarterRead the original story

    Friday Aug 21 | GuruFocus.com

    The majority of the stakes in the portfolio of David Abrams , who founded Abrams Capital Management, are in banking, but, with the possible exception of one transaction, his second-quarter activity would not be found in the banking sector. Instead, his focus was primarily on food, fuel and entertainment.

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  8. Dodge & Cox Acquires Stake in PricelineRead the original story

    Friday Aug 21 | GuruFocus.com

    Founded 85 years ago, San Francisco-based mutual fund company Dodge & Cox examines investment opportunities with a team research approach, then an investment policy committee makes the decision whether to invest. Recent returns have been impressive - 10.43% last year, 40.55% in 2013 and 22.01% in 2012.

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  9. The Gabelli Global Deal Fund (GDL) Declares Quarterly Dividend of $0.16Read the original story w/Photo

    Friday Aug 21 | AmericanBankingNews.com

    The Gabelli Global Deal Fund announced a quarterly dividend on Friday, August 21st, Marketbeat reports. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.16 per share by the investment management company on Wednesday, September 23rd.

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  10. Mario Gabelli Loves These Water StocksRead the original story w/Photo

    Friday Aug 21 | Benzinga

    Earlier in July, value investor, founder and CEO of GAMCO Investors Inc. revealed that he is bullish on water industry stocks. However, Mario Gabelli shied away from naming his favorite picks in the sector apart from Xylem Inc .

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  11. The best paid CEO on Wall Street is old-fashioned and obsessiveRead the original story w/Photo

    Friday Aug 21 | Silicon Alley Insider

    Mario Gabelli, the CEO of Gamco Investing Inc., was the best-paid chief executive among Wall Street's publicly traded firms last year. "Some of them do need training wheels, and we do take advantage of that.

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  12. This Take-Private Offer Is Still Active: Why Alteva Shares Offer 70%+ Near-Term UpsideRead the original story w/Photo

    Thursday Aug 20 | Seeking Alpha

    Alteva is an event-driven investment we believe has 70%+ near-term upside. The market has completely forgotten about an $8-per-share offer made by private equity firm Juniper Partners in August 2014.

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  13. Gamco's Gabelli Says He's Adding to Xylem Stake During WeaknessRead the original story

    Friday Aug 21 | The Washington Post

    Mario Gabelli, chief executive officer of Gamco Investors Inc., is adding to his firm's stake in water technology company Xylem Inc. as shares have fallen. The stock has been hurt by negative headlines surrounding Franklin Electric Co., Gabelli, 73, said in a taped interview for the television program "Wall Street Week" that will air on Aug. 23. Franklin, a maker of water and fuel pump systems, cut earnings guidance for its last quarter in July after seeing "significantly lower sales."

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  14. Ken Heebner Invests in Financial Services Stocks in Second QuarterRead the original story

    Thursday Aug 20 | GuruFocus.com

    Financial Services are the second-most heavily weighted stocks in Ken Heebner 's portfolio, so it wasn't surprising that his largest new buys in the second quarter were in that category. In 1990, Heebner co-founded Capital Growth Management, where his growth-oriented approach produced returns of 1.39%, 37.61% and 14.23% in 2014, 2013 and 2012, respectively.

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  15. Chris Davis Acquires Nearly 24 Million Shares of Cabot Oil & GasRead the original story w/Photo

    Thursday Aug 20 | GuruFocus.com

    Chris Davis , portfolio manager for Davis Financial Fund, favors stable businesses that are well managed and available at value prices when he seeks investment opportunities. His approach has been pretty successful at Davis Financial Fund, which has recorded returns of 13.01%, 31.45% and 18.15% in 2014, 2013 and 2012, respectively.

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  16. $US89 million-a-year stock picker Mario Gabelli bets on adult diapersRead the original story w/Photo

    Wednesday Aug 19 | The Age

    The story details 73-year-old Gabelli's success over the years as a stock picker and his steadfast commitment to a research-heavy process even as a growing portion of the investing public is throwing in the towel on stock-picking in favour of index investing. Yet there was one juicy tidbit that came and went without much elaboration and, well, let's see if you can find what it is: "Mr Gabelli, who is thin with white hair, spends much of his free time immersing himself in myriad subjects from quarry mines to adult diapers, which he considers a growing market because of the ageing population."

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  17. $89 Million-A-Year Stock Picker's a Bull on Adult DiapersRead the original story w/Photo

    Wednesday Aug 19 | Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. In case you missed it, the Wall Street Journal has an interesting profile out today on Mario Gabelli, the $89 million-a-year founder of Gamco Investors Inc. The story details 73-year-old Gabelli's success over the years as a stock-picker and his steadfast commitment to a research-heavy process even as a growing portion of the investing public is throwing in the towel on stock-picking in favor of index investing.

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  18. Energy Sector Dominates Robert Bruce's Second-Quarter ActivityRead the original story

    Wednesday Aug 19 | GuruFocus.com

    Robert Bruce and his son Jeff run the Bruce Fund, where they had annualized returns of nearly 30% between 2000 and 2006. More recent returns have been more modest, but they have remained in positive territory - 13.68% last year, 18.95% in 2013, 7.86% in 2012.

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  19. An $89 million-a-year stock picker is a bull on adult diapersRead the original story w/Photo

    Wednesday Aug 19 | The Globe and Mail

    In this Oct. 8, 2014, file photo, a street sign for Wall Street hangs near the New York Stock Exchange. In this Oct. 8, 2014, file photo, a street sign for Wall Street hangs near the New York Stock Exchange.

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  20. Jeremy Grantham Reduces More Than 250 Stakes in Second QuarterRead the original story w/Photo

    Tuesday Aug 18 | GuruFocus.com

    Jeremy Grantham , chairman of the board of Boston-based asset management firm Grantham Mayo Van Otterloo, is known for his ability to identify speculative market "bubbles" and using that knowledge to lead clients away from financial disasters. Like most of the gurus we follow, Grantham bought some stakes, sold some stakes and added to some others in the second quarter.

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