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    Is Help Near?

    By Andrew Bary

    By the third quarter, scientists may have a better idea of whether two drugs can help any of the world's 26 million Alzheimer's victims.

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    Up and Down Wall Street

    Curb Your Enthusiasm

    By ALAN ABELSON

    As the European Union Economics Commission forecast late last week, the euro region seems headed for an outright economic contraction this year.

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    Feature

    How Hedge Funds Got Hooked in a Ponzi Scheme

    By BILL ALPERT

    Ponzi schemer Scott Rothstein lured supposedly smart money out of New York hedge funds. Why did they continue doing business with him?

  • Feature
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    Giant Hitachi Hurtles Toward Recovery

    By CHRISTOPHER C. WILLIAMS

    One of the bulls on Hitachi sees a "visible glide path to improved earnings growth and returns," once it completes its current drive to slim down its superstructure.

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    Letter From the Editor

    Our Bill Alpert Follows Clarence Barron's Lead

    By EDWIN A. FINN JR.

    The senior editor at this magazine has won an investigative-reporting prize for his story on Bruce Berkowitz, who runs the mutual-fund firm Fairholme Capital, which has drastically shrunk in size.

  • Profile
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    Happy Days in Distress

    By ERIN ARVEDLUND

    Hedge fund Litespeed Partners finds opportunities in bankruptcies like American Airlines, MF Global and Eastman Kodak. And what's Tronox, and why is it so valuable?

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    The Trader

    S&P; Ends the Week at a 12-Month High

    By VITO J. RACANELLI

    Its rise of more than 20% from October lows is the traditional measure of a new bull market. There are reasons for investors to be cheerful, but at times like these, reflective pauses don't hurt.

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    CEO Spotlight
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    From Texas, With LUV

    By LAWRENCE C. STRAUSS

    Gary Kelly piloted Southwest through the industry's lost decade, keeping the airline on its bearings—and always profitable.

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    International Trader - Europe

    Banks Await a Second Big Lift

    By JONATHAN BUCK

    The European Central Bank prepares a repeat of its long-term refinance operation for the Continent's banks, a move that could signal a return of confidence to the beleaguered financial system.

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    Interview
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    Not So Fast: Coping With Slow Growth

    By LESLIE P. NORTON

    If the only way the average guy can put an oomph into his spending is by increasing debt, the economy lives a vulnerable life, says Jeremy Grantham. In a becalmed market, and with three-quarters of U.S. companies overpriced, he's hewing to trees and agricultural land—among other commodities.

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    International Trader - Asia

    Asian Stocks Soar on Optimistic Global Views

    By KOPIN TAN

    Regional indexes have rallied this year, lifted by a brighter U.S. job market, eternal hopes that the latest European bailout could help stave off messy defaults, and increasingly supportive central banks.

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    Feature
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    The Rewards of Pushing Housing off a Cliff

    By JONATHAN R. LAING

    Former heads of Freddie and Fannie probably won't have to pay fines if the SEC lets them settle security-fraud cases by signing consent decrees.

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    Fund of Information

    Tapping the Brakes on High-Speed Trading

    By BEVERLY GOODMAN

    The SEC reiterates that regulatory changes for high-frequency trading are still on the table.

  • ETF Focus

    Despite Dangers, China Is Hot

    By BRENDAN CONWAY

    China-heavy ETFs are pulling in billions of dollars in new assets this year, but some investors are wary. The lure of a guaranteed-dividend fund.

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    Plugged In

    Microsoft's Windows 8 Breakout

    By MARK VEVERKA

    The Redmond, Wash., gang comes out shooting at the Mobile World Congress—normally the preserve of wireless prowess—with news that its new OS for personal computers may run on processors designed for mobile devices. So: Is Microsoft about to make mobile devices, too?

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    Economic Beat

    Is the Fed a Failure?

    By GENE EPSTEIN

    Has the Federal Reserve Bank served its purpose? An economics professor suggests it hasn't, and that its 100th birthday, next year, should be its last.

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    Occidental Petroleum: A Well Oiled Stock

    Geographic diversity, rising dividends and a strong balance sheet are all reasons why the energy giant deserves to be a "core holding."

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Editor and President Ed Finn explains how you can use Barron's to become a better investor. Watch video

 

Highlights

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    [BA_Salesforce2_]

    Salesforce.com: A Tough Sell

    Investors are cheering the enterprise and cloud computing company's fourth quarter, but at 66 times expected earnings we'll pass on the stock.

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    [TRA_OccidentalP]

    Occidental Petroleum: A Well Oiled Stock

    Geographic diversity, rising dividends and a strong balance sheet are all reasons why the energy giant deserves to be a "core holding."

  • Subscriber Content Read Preview

    A Cheap Play on Soaring Oil

    Buy calls on the energy ETF to gain from further potential oil price rises.

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    BRICs Making a Comeback

    Although still lagging the U.S. market over the past year, major emerging markets are starting to look stronger.