Word: gabelli
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Dates: during 2000-2009
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...pick a date and say this is the way things should have gone," says James Goss, media analyst at Barrington Research. "Things were evolving." Then, paying off debt was critical, and something had to go. Parsons chose the troubled music division. Still, says Larry Haverty, money manager at Gabelli Asset Management, the value of the division today is $2 billion higher than the $2.6 billion it was sold for. If the stock doesn't jump soon, other shareholders say they'll welcome Icahn's push...
Some mutual funds trade in pairs, though their performance has been spotty. The Laudus Rosenberg, GMA Gabelli and Franklin U.S. long-short funds and Phoenix Market Neutral sometimes give the pairs game a spin. But, says Dan McNeela, an analyst at the fund-research firm Morningstar, "these kinds of funds tend to have above-average expenses...