Day

March 25, 2014
Watch the latest video at video.foxbusiness.com I joined Charles Payne, Scott Shellady, Nicole Petallides and Lauren Simonetti today on Varney & Company’s Halftime Report. First item on the agenda: the selloff in biotech shares.  The iShares Nasdaq Biotechnology ETF (IBB) was flat today after being down heavily the past two trading days.  Biotech has been...
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Share buybacks.  If used correctly, there are a tax-efficient way to return cash to shareholders: a virtual dividend without the double taxation aspects that go along with a cash dividend.  And in this era of 3.8% ObamaCare “surtaxes” on investment income, a tax-free virtual dividend is all the more attractive. Alas, share buybacks are often...
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