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Forget Treasuries. Buy Convertibles Instead. (The Motley Fool)

The Motley Fool - The recent pullback in the stock market has many investors running for cover.

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Forget Treasuries. Buy Convertibles Instead.
(The Motley Fool)

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More federal waters in Gulf reopening to fishing (AP)

AP - The U.S. government is reopening more federal waters in the Gulf of Mexico for commercial and recreational fishing that had been closed because of the massive oil spill

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More federal waters in Gulf reopening to fishing
(AP)

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Warren Buffett Kills the World’s Greatest Investment Meeting (The Motley Fool)

The Motley Fool - For years, Charlie Munger, Berkshire Hathaway’s (NYSE: BRK-A - News; BRK-B) octogenarian co-chairman, has said that Berkshire would one day buy the remaining 20% of Wesco Financial (NYSE: WFC - News) it didn’t already own.

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Warren Buffett Kills the World’s Greatest Investment Meeting
(The Motley Fool)

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Russia’s Avtovaz plans new ultra-cheap car: Renault (AFP)

AFP - Russian auto maker Avtovaz will launch a new ultra-cheap model of its Lada car next year, selling for 5,600 euros (7,100 dollars), its French partner company Renault said on Friday.

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Russia’s Avtovaz plans new ultra-cheap car: Renault
(AFP)

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Pockets of Profit in Health-Care Stocks (BusinessWeek)

BusinessWeek - Health care has historically been a defensive sector of the stock market.

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Pockets of Profit in Health-Care Stocks
(BusinessWeek)

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Britain grows at fastest pace for nine years (AFP)

AFP - Britain’s economy grew at its fastest pace for nine years in the second quarter as construction soared, official data showed on Friday, but it still faces a rocky road due to big spending cuts and tax hikes.

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Britain grows at fastest pace for nine years
(AFP)

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Rue21 shares set new 52-week low on 2Q results (AP)

AP - Shares of clothing retailer rue21 Inc. fell about 11 percent Thursday, setting a new 52-week low a day after the company said a key revenue measure fell and it expects the rest of the year to be rough.

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Rue21 shares set new 52-week low on 2Q results
(AP)

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The "Eat Pray Love" Approach to Investing (The Motley Fool)

The Motley Fool - The best-selling memoir Eat Pray Love tells the tale of a woman’s journey around the world in search of solace after a challenging divorce. In the author’s travels, she looks to pursue pleasure while in Italy, devotion in India, and a balance between the two in Indonesia

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The "Eat Pray Love" Approach to Investing
(The Motley Fool)

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Why Does the Market Hate Blue Chips? (The Motley Fool)

The Motley Fool - In a down market marred by exceptional uncertainty, high-quality stocks should be a dead certainty to outperform, as investors seek out safer investments, but that hasn’t happened this year. To the continued bewilderment of value-driven investors, high-quality stocks are cheap relative to the broad market. How to explain this bizarre phenomenon and, more importantly, is it a bounty or a bear trap?

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Why Does the Market Hate Blue Chips?
(The Motley Fool)

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White House hails new GM CEO Akerson (Reuters)

Reuters - The White House hailed GM’s new CEO Dan Akerson on Friday as a proven and respected executive who can guide the company’s recovery.

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White House hails new GM CEO Akerson
(Reuters)

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