Why Stock Buybacks Are a Waste of Shareholder Resources

So far in 2010, U.S. companies have announced stock buybacks totaling more than five times as much as they had at this time last year. But evidence suggests that such buybacks a more likely to be money losing propositions — ex…

Daily Blogwatch: Are Banks Lending Again?

Among Thursday’s top online stories for investors:
How Apple brought Verizon and AT&T to their knees; Will hedge funds assets triple over the next few years? And, are banks finally starting to lend?
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