Lux Investing

Value Investing News

Nortel Pensioners Slammed Again?Saturday, July 16, 2011 @ 9:07AMVia Pension Pulse . Michael Lewis of the Toronto Star reports, Nortel pensioners slammed with pension cuts, claw backs : Days after a patent sale generated $4.5 billion (U.S.) for creditors of insolvent Nortel Networks, its retirees are facing a huge cut in pension income, along with a clawback of benefits paid out over the past 10 months.   “This is hitting our family very hard,” said Jayne ...

The StockTwits Edge: Book ExcerptSaturday, July 16, 2011 @ 5:19AMExcerpted with permission of the publisher John Wiley & Sons, Inc.(www.wiley.com) from The StockTwits Edge edited by Howard Lindzon, Philip Pearlman, and Iyaylo Ivanhoff. Copyright (c) 2011 by Howard Lindzon, Philip Pearlman, and Iyaylo Ivanhoff. Find Trends, Ride Them, and Get Off Howard Lindzon, @howardlindzon LESS IS MORE In 1987, after ...

Too rich (or poor) to pitch?Saturday, July 16, 2011 @ 1:18AMCamping – especially the posh version “glamping” – is booming in Britain and other European countries but in Switzerland it appears to be struggling.

Foxtel/Austar merger takes step forwardMonday, July 11, 2011 @ 7:47PMThe multi-billion dollar merger of Foxtel and Austar has taken another step forward, with the pair confirming yesterday that definitive agreements had been signed which will see Foxtel buy all of the issued shares in its fellow pay TV operator. The pair first announced their impending nuptials in late May, with Austar’s management at the time stating that it saw the proposed acquisition price of ...

Times (2009)Monday, July 11, 2011 @ 6:59PMAssociated Press Monday, July 11, 2011 NEW YORK — As the jobless rate inches up and the economic recovery sputters, investors looking for a few good stocks may want to follow the money — or rather the TV, the beloved Fender guitar, the baubles from grandma, the wedding ring. Profits at pawnshop operator Ezcorp Inc. have jumped by an average of 46 percent annually for five years. The stock has ...