Where Top Investors Are Putting Their Money Now
Top hedge-fund managers brought their best ideas to last week's Ira Sohn Investment Conference. Why they like J.C. Penney and Kohl's. Mixed tastes on Apple.
Changing Their Stripes
With investors willing to pay up for stocks that generate income, more companies—even prison operators—are considering becoming real-estate investment trusts.
Clorox Cleans Up
Household-products maker hikes payout 6.7%. Also raising dividends: Northrop Grumman, Safeway and Tiffany's. But an ugly quarter leads J.C. Penney to halt its payout.
We Will Rock You
The Sonos Play:3 speaker system can fill an apartment, study or summer cottage with surprisingly good sound.
Technical Yes, but Complicated No
A new Website for stock-market technicians who'd like some help making decisions and don't want to be overwhelmed with charts.
The Intriguing Real-Estate Sale at Capmark
The former GMAC unit wiped out the holdings of KKR and Goldman Sachs, but now it looks like a decent liquidation play.
An Emerging Problem
Some developing-market ETFs are increasingly performing just like funds focused on the developed markets -- but with more risk. Time for a change?
Don’t Save the Whales
Bring back the original Volcker Rule: what the former Fed chairman did in the 1980s. He let the markets set interest rates, which sparked a recession. But the move then started a 30-year bull market in bonds.
Smoldering Greek Fire Has Investors in Retreat
Toting up the cost of Athens' possible withdrawal from the euro zone, and the real danger—a contagion that could spread the crisis to all of Europe.
Nelson Peltz Gets a Leg Up at Legg Mason
The struggling mutual-fund firm's moves to reduce debt and buy back more than $1 billion of shares reflect the wishes of Legg's biggest investor. What will his next move be?
Facebook Loses Face – And How
With Facebook's stock plunging in its second day of trading, the underwriting group led by Morgan Stanley seems to be doing little to support the price.
Dalio’s World
Ray Dalio, fabled hedge-fund manager, says the U.S. has done a "beautiful" job delevering, but sees a 30% chance Europe will stumble badly.

