Mario Gabelli News
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Red roses and gold trim decked the Waldorf Astoria ballroom last night at the Boston College Wall Street Council black-tie dinner, which raised $2.7 million for scholarships.
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Blackstone Group LP and Carl Icahn’s bids for Dell Inc. are employing a rarely used deal tactic that has yielded both big payouts and big losses for shareholders.
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General Motors Co.’s purchase of AmeriCredit Corp. will make it easier for the automaker 61 percent owned by the U.S. government to compete with Ford Motor Co. and Toyota Motor Corp. , Mario Gabelli said.
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Investors such as Bill Ackman and David Einhorn, who buy stakes in companies and push management for change, are good for the market, according to Mario Gabelli, founder of Gamco Investors Inc.
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“I love the Everglades,” Paul Tudor Jones , chairman and chief executive officer of Tudor Investment Corp., said in his Tennessee twang.
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Legg Mason Inc. named Joseph A. Sullivan as chief executive officer, ending a five-month search for a leader to reverse five years of client redemptions and calm restive fund affiliates.
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“I’ve seen ’em,” said Paul Tudor Jones of the pythons that eat mammals from rabbits to deer in Everglades National Park.
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Yahoo! Inc. may be valued at $18 to $21 a share should the U.S. Web portal receive a takeover bid, said Mario Gabelli, whose Gamco Investors Inc. owns the stock.
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Mario Gabelli, chief executive officer of Gamco Investors Inc., talks about investment strategy and the outlook for dividends.
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Gamco Investors Inc . raised Chief Executive Officer Mario Gabelli’s compensation by 30 percent to $56.7 million in 2010, a year during which the firm’s shares returned 3.9 percent.
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