Passive Income LinksCohen & Steers Announces 2008 Year-End Distribution Information ... - MarketWatch Sumner Redstone dumps Midway Games - Los Angeles Times More Worms In The Capitalist Apple - Coastal Post The Fall of Index Funds - Seeking Alpha Small Business Owners Seek Ways to Combat Recession - 24-7PressRelease.com (press release) |
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Fund Fees Expected to Tumble $38 Billion by 2012 (Financial Planning.com)Fees on actively managed mutual funds in the U.S. could fall as much as 26%, or $38 billion, by 2012 due to investors' renewed preference for fixed income and passive investments, Bloomberg reports, citing a report from Boston Consulting Group. Read more...Naples council considers park for former Fun Time site (Naples Daily News)Fun Time Early Childhood Academy's property could soon be a park. Naples City Council on Monday gave city staff the go-ahead to pursue a grant that would transform the property on Fifth Avenue North into a passive park. Read more...Cohen & Steers Announces 2008 Year-End Distribution Information for Open-End Funds (PR Newswire via Yahoo! Finance)Cohen & Steers announced today that it does not expect its open-end funds to make capital gain distributions for 2008, and projects that the following funds will make year-end ordinary income distributions on December 19, 2008 to shareholders of record as of December 18, 2008, with an ex-dividend date of December 19, 2008: Read more...Sumner Redstone dumps Midway Games (Los Angeles Times)The media mogul sells his majority stake in the failing video game maker for a pittance after pouring in cash. Sumner Redstone and his holding companies have sold their shares in Midway Games Inc. for less than a penny each, capping the media mogul's aggressive investment in the troubled video game maker that ended up costing him hundreds of millions of dollars. Read more...Obama, the billion-dollar man (The Politico)He'll come close to, or capture, the title of the first $1B candidate. See also: Picking up the tab Read more... |
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