Value Investing News

After a slow week for dividend increases last week, eleven companies with strong balance sheets showed enough confidence in their ability to generate sufficient cash flows to substantiate dividend raises. Despite the tough economic conditions the USA is experiencing, these companies still managed to defy the odds and increase their cash dividends.

Sequoia is a value oriented mutual fund managed by Ruane, Cunniff, & Goldfarb...

The total return for Sequoia Fund was 8.34% for 2006. Over the last year the fund underperformed. Over the last five years it's beaten the market by a very slim margin. Still, it's worth reading the report. Discussion includes Berkshire, Mohawk, Progressive, and Bed Bath & Beyond.

With the recent market run-up in the past 60 days, there still exists a few bargains -- at least according to Morningstar analyst, Haywood Kelly.