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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.

  • U.S. Economy

  • Dow Jones Industrial Average Gains 146 Points; Here's Your Top News dow jones industrial average today

    The U.S. markets jumped on Monday, with all three major benchmarks posting gains after stronger than expected retail data overshadowed concerns about geopolitical problems in Ukraine.

    U.S. retail sales ticked up 1.1% in March to a seasonally adjusted $433.9 billion, according to the Commerce Department. This was the largest monthly gain in retail sales since September 2012.

    Get all the major stories that moved today's markets here, in addition to the day's three biggest profit opportunities.
  • Top Stock Market News Today: How China Is Beating Up on Bitcoin news on the stock market today

    Stock market news today, April 11, 2014: The Nasdaq fell 129 points to finish Thursday at 4,054.11, its worst one-day drop since 2011 as investors ditched biotech, Internet, and other high-growth stocks. The CBOE Volatility Index (VIX) surged 17%, its largest one-day jump since late January.

    The Dow Jones Industrial Average plummeted 267 points to finish at 16,169.90, while the S&P 500 dropped 39 points yesterday to 1,833.09.

    Here's the stock market news for today...
  • 5 Top Stories as Dow Jones Industrial Average Sinks 267 Points Today Stocks down

    At the closing bell, the Dow Jones Industrial Average fell 267 points to finish at 16,169.90. The Nasdaq fell 129 points to finish at 4,054.11, while the S&P 500 dropped 39 points to 1,833.09.

    Markets plunged on Thursday despite positive economic data on unemployment benefits. The number of Americans filing new applications for unemployment benefits has fallen to its lowest level in almost seven years. The Nasdaq had its worst day since 2012 as biotech and online firms slumped the hardest.

    Here's a recap of other major events moving the Dow Jones today:
  • Stock Market News Today: The U.S. Treasury's $2.38 Billion IPO Stock Market Today

    Stock market news today, April 10, 2014: The Dow Jones Industrial Average roared on Wednesday following an announcement that the U.S. Federal Reserve unanimously decided to ditch the thresholds it had set on dealing with unemployment and raising interest rates.

    At the closing bell Wednesday, the Dow Jones rose 181 points to finish at 16,437. The Nasdaq gained 70 points to finish at 4,183, while the S&P 500 added 20 points to end the day yesterday at 1,872.

    Here are the five things you should know to make your day profitable:
  • Dow Jones Industrial Average Up 181 Points in Best Day This Month small cap stock winners with sid riggs

    The Dow Jones Industrial Average roared on Wednesday following an announcement that the U.S. Federal Reserve unanimously decided to ditch the thresholds it had set on dealing with unemployment and raising interest rates.

    At the closing bell, the Dow Jones rose 181 points to finish at 16,437. The Nasdaq gained 70 points to finish at 4,183, while the S&P 500 added 20 points to end the day at 1,872.

    Here's a recap of other major events moving markets today:
  • Chinese Currency Concerns Top Today's Stock Market News Hot Stock Market News Today

    Stock market news today, April 8, 2014: U.S. markets slumped for a third consecutive trading session on Monday following a sharp selloff in social media, Internet, and biotech stocks.

    All three major indices slipped by more than 1%.

    The Dow Jones Industrial Average fell 166 points yesterday to finish at 16,245. The Nasdaq dropped 47 points to finish at 4,079, while the S&P 500 lost 20 points to end the day at 1,845.

    Here are the five things you should know to make your day profitable:
  • The Real Reason the Stock Market Is Rigged Stock Market Performance Today

    Everyone's talking about Michael Lewis' latest book Flash Boys and HFT (high-frequency trading) and whether the markets are rigged.

    What they're not talking about is how the markets have been set up for institutionalized rigging.

    I'm not kidding.

    The markets are rigged. You're going to have to get over it and deal with it.

    The rigging is in the system and that's just the way it is...

    As to HFT, I'll get to that...
  • March Jobs Report: Still Stuck in Second Gear U.S. Labor Department jobs report

    The highly anticipated March jobs report out today supported what U.S. Federal Reserve Chair Janet Yellen said earlier this week: The job market is not back to normal and the Fed has more to do on the unemployment front.

    This morning, the U.S. government announced that the economy barely missed expectations of 200,000 new jobs in March 2014, adding 192,000 jobs. The unemployment rate remained unchanged at 6.7%.

    The lukewarm announcement was cheered mainly for its revisions for... To continue reading click here...

  • Dow Jones Today Slips on Weak European Data shutterstock_117385867

    News in the Dow Jones today, April 3, 2014: Here we go again. In an effort to meet its aggressive 7.5% growth target, China will break out the Keynesian prescriptions and increase stimulus spending for the balance of 2014.

    At the closing bell, the Dow Jones Industrial Average fell 0.45 points to finish at 16,572.55. The Nasdaq dropped 38.72 points finish at 4,237.74, while the S&P 500 was down 2.13 points to end the day at 1,888.77.

    Here's a recap of other major events today...
  • Dow Jones Today Gains on This Top Market-Moving News

    Dow Jones Today: At the closing bell, the Dow Jones Industrial Average was up 40.39 points to finish at 16,573.00. The Nasdaq increased 8.42 points, finishing at 4,276.46, while the S&P 500 climbed 5.38 points to finish at 1,890.90.

    Here's a recap of other major events today:

    To continue reading, please click here...
  • Stock Market Today: ADP Jobs Report Disappoints

    Stock market today, April 2, 2014: The Dow Jones Industrial Average climbed 74.95 points to finish at 16,532.61. The Nasdaq increased 69.05 points finishing at 4,268.04, while the S&P 500 hit a new record today before settling at 1,885.52.

    To continue reading, please click here...
  • 5 Top Stories in the Stock Market Today

    Stock market today, April 1, 2014: The markets jumped again on Tuesday after car manufacturers reported stronger than expected sales in March. The auto industry's big month may be attributed to higher demand in March, after the weather hampered sales in January and February.

    At the closing bell, the Dow Jones Industrial Average climbed 74.95 points to finish at 16,532.61. The Nasdaq increased 69.05 points finish at 4,268.04, while the S&P 500 hit a new record today before settling at 1,885.52.

    To continue reading, please click here...
  • Dow Jones Today Surges on Janet Yellen Comments Janet_Yellen_Headshot

    Dow Jones today: At the closing bell, the Dow Jones Industrial Average surged 134.60 points to finish at 16,457.66. The Nasdaq increased 43.24 points to finish at 4,198.99, while the S&P 500 was up 14.72 points to finish at 1,872.34.

    Here's a recap of other major events today.

    To continue reading, please click here...
  • Today's Stock Market News: Obamacare Deadline Arrives

    Today's stock market news, March 31, 2014: The Dow Jones Industrial Average rose 58.8 points on Friday to finish at 16,323.0. The Nasdaq increased 4.5 points to finish at 4,155.7, while the S&P 500 rose 8.5 points to close at 1,857.6.

    Monday kicks off a busy week of economic data on the global economy. Multiple central banks will hold April policy meetings while U.S. investors will find out whether or not the winter weather has hindered job growth across the nation.

    Here are the other stories moving markets today:
  • Dow Jones Today Ends Up, with TSLA, AAL, and BBRY in Focus

    Stock market today, March 28, 2014: At the closing bell, the Dow Jones Industrial Average rose 58.8 points to finish at 16,323.0. The Nasdaq increased 4.5 points to finish at 4,155.7, while the S&P 500 rose 8.5 points to close at 1,857.6.

    Investors are looking forward to next week, with a huge March jobs report slated for Friday, April 4.

    To continue reading, please click here...