Articles
COURT ENTERS FINAL JUDGMENT AGAINST DEFENDANT GLENN R. HARRIS
The Securities and Exchange Commission announced that on July 12, 2011, the Honorable Leonard D. Wexler of the United States District Court for the Eastern District of New York entered a final judgment on consent against Defendant Glenn R. Harris, a former ... Read More
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A battle never planned, but occurred simply by circumstance--
This important Civil War Battle took place within three hot summer days, July 1 to July 3, 1863, around the small market town of Gettysburg, Pennsylvania.
In the summer of 1863, General Robert E. Lee was in command of the Army of Northern ... Read More
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Who invented the TV dinner? It’s in dispute. In one account, first publicized in 1996, retired Swanson executive Gerry Thomas said he conceived the idea after the company found itself with a huge surplus of frozen turkeys because of poor Thanksgiving sales. Thomas' version of events has been challenged by ... Read More
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1999: $8.40/share 2011: $50.52/share
In 1960, after earning three degrees from MIT and rising to vice-president and general manager of Litton, Henry A. Singleton quit his $35,000 a year job and convinced his assistant and old friend, George Kozmetsky, who had earned a doctorate in commercial science from ... Read More
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"And if you believe that, I have a bridge to sell you."
George Parker (1870–1936) was one of the most brazen con men in American history. He made his living selling New York's public landmarks to gullible tourists. His favorite was the Brooklyn Bridge, which he sold twice a week for ... Read More
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There is a way for investors to enhance their income from stocks. It is called “option writing,” and it’s about knowing the how and why.
The most common mistake investors make is buying a stock without an objective. When I ask someone why he or she bought a particular stock, the ... Read More
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Carl Icahn is an investor and businessman that has amassed a great fortune from buying and selling major companies. There are those who call Icahn a "corporate raider" or "imperial shareholder" that is only out to break up companies for short term profits. But he refers to himself as a ... Read More
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While today it may seem passé to some, when the Erie Canal opened in 1825, it was the engineering marvel of the 19th Century.
At the beginning of the nineteenth century, the Allegheny Mountains were the Western Frontier of America. The Northwest Territories that would later become Illinois, Indiana, Michigan and ... Read More
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Frederick Weyerhaeuser, born in 1834 Niedersaulheim, Rhein-Hesse, came to America in 1852 as a penniless youth and went on to become known as the Timber King — a title he didn’t like. He remained a simple man who shied away from publicity throughout his life. Who's Who in America only discovered ... Read More
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The Velvet Revolution started November 17, 1989 and ended December 29, 1989. This six-week period brought about the overthrow of the
Czechoslovak communist regime.
It began on November 17, 1989 when Czech students held a demonstration to protest the Nazi occupation of Czechoslovakia.
Riot police stopped the students (who were making their way ... Read More
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The purpose of the Apollo 11 mission was to land men on the lunar surface and to
return them safely to Earth. The crew consisted of Neil A. Armstrong,
commander; Michael Collins, Command Module pilot; and Edwin E. Aldrin Jr.,
Lunar Module pilot.
Apollo 11 fulfilled President John F. Kennedy's goal of reaching the ... Read More
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Gregor MacGregor (1786–1845) was a Scottish soldier and who fought in the South American struggle for independence.
In 1803, he joined the Royal Navy. He then served in the Spanish and Portuguese armies, after which he returned to Edinburgh. MacGregor heard about the independence movements in South America and in the ... Read More
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A continuous miner is a mining machine that produces a constant flow of ore from the working face of the mine. The machine continuously loads coal with a cutting steel drum and conveyor system. Continuous miners, which began to take off in the 1940s, now make up of 45 percent ... Read More
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In light of the impressive equities market rally from 2009 through 2011, some are wondering if perhaps the economic long wave has bottomed early. I recently received an email asking a question that is relevant to our discussion. He writes, “Suppose the big 120-year cycle hit a few ... Read More
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TELECOMMUNICATIONS STOCK PROMOTER ALFRED LOUIS “BOBBY” VASSALLO, JR. INDICTED FOR WIRE FRAUD
The Securities and Exchange Commission announced that, at the request of the United States Attorney’s Office for the Central District of California, a federal grand jury in Santa Ana, California, returned an indictment against Alfred Louis “Bobby” Vassallo, ... Read More
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John Jacob Astor
John Jacob Astor was born in Waldorf, near Heidelberg, Germany, on July 17, 1763. He was named after his father Jacob Astor, a butcher. His mother, Maria Magdalena Vorfelder, learned to be very frugal with the family’s income, a quality she passed on to her son.
In 1783, after ... Read More
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1988: $.21/Share 2011: $33.10
Oracle Corporation
Oracle Corporation is an American multinational computer technology company that specializes in developing and marketing hardware systems and software products, particularly database management systems. Headquartered in Redwood Shores, California, the company employs 105,000 people worldwide. Over the years, Oracle has become a ... Read More
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The money manager and professional investor talks with the Opportunist’s Managing Editor Leslie Stone about how he selects companies to work with, which industry sectors show the most promise and why he believes America will bounce back.
George Jarkesy has a knack for founding, investing in and helping to build companies ... Read More
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An International Exploration Resource Company
Guerrero Exploration Inc. engages in the identification, acquisition, exploration, and development of mineral properties, primarily in Mexico. It owns a 60% right, title, and interest in the Cerro Azul property, which comprise one exploration concession of 200 square kilometers located in the Sierra Madre region in ... Read More
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In 2006, at age 51, Indian-born executive Indra K. Nooyi was named CEO of PepsiCo, parent company of Pepsi-Cola, and one of the world's largest snack-food companies. It makes and sells dozens of other products, including Doritos-brand chips, the Tropicana juice line, and Quaker Oats cereals.
With her elevation to the ... Read More
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