As 2006 draws to a close and a new year begins, I thought it would be appropriate to provide a brief update on the positions held in almost all Northlake-managed accounts. Model-Driven ETFs: I’ll get a fresh update on the Market Cap and Style models over the New Year’s weekend but I expect the signals […]
In hindsight, it appears that some of December’s weakenss in Apple shares (down about 10% prior to today’s open) was due to speculation about developments in the options back dating scandal. It is likely that prior to the publication of articles in Law.com and the Financial Times some investors may have gotten wind of the […]
McClatchy (MNI) announced it was selling the Minneapolis Star Tribune to a private equity outfit for $530 million. MNI will also receive a $160 million tax benefit on the sale. The Star Tribune is the 14th largest daily newspaper in the country by circulation. MNI is selling the paper as the final major step in […]
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