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While Washington Stews, You Can Cash In on the Biggest "Tax-Inversion" Deal in History

Back in June 2012, we recommended that you pick up shares of Big Pharma player Abbott Laboratories Inc. (NYSE: ABT). The reason: Abbott was planning to split in two at the end of the year, meaning folks who took our advice would end up with stakes in two companies for the price of one.

There was more than bargain-basement thinking at work here.

You see, these corporate breakups – known as spin-offs – have a habit of turning into market-beating profit plays. And the newly minted spin-off firms often end up as takeover fodder – also at big profits.

Abbott followed part of that blueprint.

  • What Do You Think of President Obama's 2011 State of the Union Address? U.S. President Barack Obama spoke to the country Tuesday night in the annual State of the Union address, an assessment of the nation's biggest issues, and a presentation that is usually draped heavily in rhetoric.

    Before the speech, many analysts were afraid President Obama would make broad optimistic statements – while offering no concrete plans for improvement.

    White House Senior Adviser Valerie Jarrett said Tuesday morning that one of President Obama's main messages would be to highlight the new "bipartisan spirit" in Washington.

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  • Money Morning's Keith Fitz-Gerald To Address State of the Union in Second Fox Business Appearance This Week Money Morning Chief Investment Strategist Keith Fitz-Gerald is scheduled to appear today (Wednesday) as a guest on the hour-long Varney & Co. show on Fox Business News.

    On that show, which begins at 9:30 a.m. (EST), Fitz-Gerald is tentatively scheduled to sit in for co-anchor Chris Cotter, and to talk about State of the Union issues with company "co-members" Charlie Payne and Tracy Byrnes. The list of guests is currently scheduled to include:

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