GAMCO Investors , Inc. Reports Third Quarter Results
GAMCO Board Approves Quarterly Dividend of $0.07 Per Share
Bancroft Fund Ltd Declares Year-End Distribution, Reaffirms Its 5% Minimum Distribution Policy, and Enhances Its Share Repurchase Plan
The GDL Fund Declares Fourth Quarter Distribution of $0.16 Per Share
After reviewing Gamco Investors' GBL fourth-quarter results, reported Wednesday, we're likely to leave our fair value estimate unchanged. Revenue rose 14% from the year-ago quarter, thanks to strong absolute returns in the company's various investment strategies as well as a brisk market tailwind. ...
These three funds have received top marks.
Our new rating system gets right to the heart of the matter: evaluating whether management teams are good stewards of shareholder capital.
New rating system for stocks judges companies on how well they protect shareholder capital.
Volatility could return to the financial sector in the second half of 2013.
Poor investment performance and rising interest rates have exposed weaknesses in several asset managers.