After seeing every Monday in June and July finish in the red, the Dow finally broke its losing streak of starting the week lower. The strength was broad based, led by material and tech names. The gains helped extend yesterday’s…

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Stocks had a strong start to the month, buoyed by the IFF saying it’s close to finalizing a Greek debt deal. Tech continues to be very strong, with the S&P Tech Index near an 11-year high. On the downside, though,…

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As part of a broader trend of hedge funds investing in non-traditional assets, Boston-based Baupost Group is investing in a massive quarry in Canada, but finding some controversy along the way. The proposed limestone quarry faces a potentially lengthy approval…

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Though typically described as a value investor, Seth Klarman’s strategy – and his remarkable track record – are difficult to define.

Klarman has been in the news recently for his participation in commercial lender CIT Group’s (OTC: CITGQ) unsuccessful attempt to…

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Shuffle Master (NADSAQ: SHFL) earnings drove casino equipment stocks on Wednesday.

Shares of Las Vegas-based Shuffle Master are up by more than 20% today after the company beat estimates with a 50% jump in second-quarter profit. In the three months ended April…

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WMS Industries (WMS) earnings gave the slot machine industry a boost on Wednesday.

WMS reported profits of $24.4 million, or 43 cents per share, in its third fiscal quarter. Earnings were up 30% from the same period last year, when the company…

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