Tag Archives: retirement

Cerberus’s Feinberg Said to Weigh Bid for Freedom Group

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Cerberus Capital Management LPs founder Stephen Feinberg and his partners may try to acquire gunmaker Freedom Group Inc. from the private-equity funds managed by his firm, according to two people familiar with the matter. Continue reading →

Liberty Interactive Announces Final Redemption Payment on 3.25% Senior Exchangeable Debentures Due 2031

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ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Interactive LLC (Liberty), a subsidiary of Liberty Interactive Corporation (NASDAQ: LINTA/LINTB and LVNTA/LVNTB), announced the final redemption payment to the holders of its outstanding 3.25% Senior Exchangeable Debentures due 2031. Liberty previously announced that it would redeem the debentures in full on March 8, 2013 Continue reading →

SpaceX readies for rocket launch to space station Friday

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CAPE CANAVERAL, Fla. The weather looks promising for the planned Friday launch of a privately built robotic space capsule to the International Space Station, NASA says. The unmanned Dragon space capsule, built by the private spaceflight company SpaceX of Hawthorne, Calif., is slated to launch toward the space station Friday (March 1) at 10:10 a.m Continue reading →

SpaceX tests rocket for space station launch

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SpaceX’s Falcon 9 rocket completed a two-second ignition of its first stage while being held down onto its Florida launch pad on Monday, in preparation for Friday’s launch to the International Space Station. This view of the test was taken by a remote video camera, which makes it difficult to see the flare of the rocket. Continue reading →

SpaceX Fires Up Private Rocket for Friday Launch to Space Station

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A private rocket has flexed its muscles in a key pre-launch test, firing up in preparation for lofting the next commercial cargo mission toward the International Space Station this Friday (March 1). SpaceX’s Falcon 9 rocketsuccessfully executed a “static fire test” at around 1:30 p.m. EST (1830 GMT) today (Feb. Continue reading →

Ready for Retirement: 3 Health Care REITs That Outperform

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NEW YORK (TheStreet) — When it comes to retirement and savings, REITs are well positioned to play an important role — both as an investment to help build a retirement portfolio and also to provide income to meet living expenses. It’s important to remember that REITs are forced, by law, to payout at least 90% of their taxable income to their shareholders in dividends — a crucial differentiation that makes the income highly sustainable, in good times and bad. Continue reading →

Next Dragon space station launch: March 1

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NASA TV The private Dragon capsule built by SpaceX is seen at the end of the International Space Station’s robotic arm during its undocking on Oct. 28, 2012, in this camera view. The Dragon made the first commercial cargo delivery to the space. Continue reading →

Calstrs owns 2.4% of Freedom Group gun maker

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NEW YORK (MarketWatch) — The California State Teachers' Retirement Sytem, or Calstrs, said Tuesday it owns 2.4% of the Freedom Group, the gun holding company being sold by private equity firm Cerberus Capital Management. Freedom Group makes Bushmaster rifles, along with Remington, Marlin and other brands. A Bushmaster weapon was among those used in Friday's fatal shooting of 20 school children … Continue reading →

What Is Retirement Singularity? Consider It Your Wake-Up Call to Your Financial Future – Video

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What Is Retirement Singularity? Consider It Your Wake-Up Call to Your Financial Future Accelerating technology is leading to dramatic changes to our lives and our finances. Anti-aging and Rejuvenation therapies will radically extend life spans Continue reading →

Cerberus to Sell Gunmaker Freedom Group

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The private equity firm Cerberus Capital Management said on Tuesday that it would sell its investment in the gunmaker Freedom Group in response to the school shootings last week in Connecticut. Cerberus acquired Bushmaster — the manufacturer of the rifle used by the gunman in the Newtown attacks that killed 27 people, including 20 schoolchildren — in 2006. The private equity giant later merged it with other gun companies to create Freedom Group, which reported net sales of $677.3 million for the nine months that ended in September 2012, a 20 percent increase compared with the same period last year Continue reading →

NASA adds $30 million for space taxi work

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REUTERS – NASA is adding $30 million to its investment in three companies’ efforts to develop spaceships that can fly astronauts to the International Space Station, officials said on Monday. The U.S. Continue reading →