Investors should consider buying shares of BlackBerry maker Research In Motion Ltd. (RIM), according to Laszlo Birinyi, who advised clients to buy equities before they bottomed in March 2009.
“It is a long shot, but it is an idea which no one has considered,” Birinyi, founder of Westport, Connecticut-based Birinyi Associates Inc., said in an interview today on Bloomberg Television’s “In The Loop” with Betty Liu. “They still have some [...]
By Steve Eder and Brody Mullins
Gov. Chris Christie’s decision not to seek the Republican nomination for president is turning out to be quite the boon to Mitt Romney’s campaign coffers.
Late Wednesday, Mr. Romney won the support of uber GOP donor Paul Singer, who was considered to be one of the most sought-after undecided Republican fund-raisers. In the 2010 election season, Mr. Singer and his employees at Elliott [...]
Do you have trouble getting good tax advice? Billionaire hedge fund manager Leon G. Cooperman says he has the very same problem.
Cooperman filed a U.S. Tax Court lawsuit last month after the Internal Revenue Service disallowed his deductions for $43 million in charitable contributions he made to his own family’s private foundation. In interviews with Forbes, Cooperman and his lawyer for the lawsuit said [...]