Leucadia National (NYSE:LUK)

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Crimson Wine Group — Alas, Another Public Wine Company

Crimson Wine Group Ltd. (OTC: CWGL) is the newest company to hit the markets around the trade of wine, beer and spirits. This is actually a spin-off that was just ...
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America’s Least Valuable CEOs

There is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation. ...
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24/7 Wall St. Closing Bell — November 12, 2012: Markets Open Today, But Not Much Action (GRMN, CHK, JCP, DIS, GRPN, CRDN, DHI, BAGL, JEC, WFT, DKS, HD, KORS, SKS, TJX, TIE, PCP, JEF, LUK, BZH)

U.S. equity markets opened higher this morning on a day when most government offices and banks are closed in observance of Veteran’s Day. Asian markets were muddled this morning as ...
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Leucadia Adds Investment Bank to Its Stable (LUK, JEF)

In one of the odder acquisitions we’ve seen recently, diversified holding company Leucadia National Corp. (NYSE: LUK) today announced that it has agreed on a merger with investment bank Jefferies ...
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Big DOE Carbon Capture Winners (APD, VLO, ADM, LUK, DNR)

Betting on carbon capture has been hard to do, and it still may be a stretch for some investors who may have preferred to see smaller companies.  Today came the ...
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Lumber Prices Have Crashed On Weak Outlook For Builders

On May 17th and May 25th, the Chicago Mercantile Exchange stopped trading in lumber futures because the contract price had fallen by the maximum allowable amount of $10. On ...
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Pabrai’s Newest Stocks (ATSG, BRK-B, BPO, GS, HNR, ZINC, IBKR, ICO, LUK, PNCL, POT, TCK, TEX, WFC)

Mohnish Pabrai is often thought of as a Warren Buffett-like investor when it comes to some investment philosophies.  The fact that he has won the bidding for lunch with Warren ...
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Leucadia Holdings More Like Buffett’s Alter Ego (LUK, BRK-B, ACF, CSWC, ENWV, IAAC, JEF, SMCG, TA)

Leucadia National Corp. (NYSE: LUK) is generally touted as one of the baby Berkshires.... meaning it is treated along the same lines as Berkshire Hathaway Inc. (NYSE: BRK-B) and Warren ...
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Buffett Gets Deeper Into Housing and Real Estate (BRK-A, LUK, GS, CIT, HD, LOW, USG)

Warren Buffett is positioning Berkshire Hathaway Inc. (NYSE: BRK-A) to profit when the housing and property market returns to more normal levels.  Now, he is teaming up with what many ...
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Media Digest 9/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The sell-off in Chinese stocks may be overdone based on earnings. Reuters:   A report blamed the SEC for not doing its job investigating Madoff. Reuters:   The Fed says the ...
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Warren Buffett Isn’t The Answer For CIT (CIT, BRK-A, LUK)

Here comes another weekend, and here comes another round of questions about the fate of CIT Group, Inc. (NYSE: CIT).  While there were reports that Warren Buffett via Berkshire Hathaway ...
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Jefferies Saves Miserable Quarter With Financing Package (JEF, LUK)

Jefferies Group, Inc. (NYSE: JEF) has posted some ugly earnings this morning and it has announced a financing package.  Jefferies posted a net loss of $60.5 million, or -$0.43 EPS ...
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