Morningstar in Canada profiles Lawrence Chin, co-manager of the Mackenzie Cundill American Class fund. The article mentions two stocks I own: One is DirecTV Group (DTV/NYSE), which has done well since being bought but has suffered recently. The other is Foot Locker (FL/NYSE), which has fallen in price since being purchased: Among the stocks that meet Chin's requirements is Foo...
Along with my post yesterday on CBS (CBS/NYSE) announcing a stock buyback, I should have included the news that DirecTV Group (DTV/NYSE) is doing the same.
DirecTV plans on repurchasing up to $1 billion, which would be about 3.6% of outstanding shares based on yesterday's closing price. (The stock fell yesterday, along with almost everything else.) The company's $3 billion buyback announced last y...
Andrew Allentuck profiles Canadian value investor Francis Chou in the Globe and Mail:
His $688.1-million Chou Associates Management Inc. Global Balanced Fund produced a 18.9-per-cent return for the 12 months ended Jan. 31, 2007, which was a high first-quartile result among 255 funds in the sector. His $47.6-million Chou Bond Fund racked up a 16.6-per-cent return for the period, top among 351 bond ...