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Larry Smith

 
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  • Walgreen: Great Company, Terrible Price [View article]
    I bought WAG at $29.80, wrote an article on SA when I purchased it. I have sold 1/3rd of my shares as, like others, the yield dropped lower than I would like. I have debated selling the other 2/3rds, but do not see anything that makes me want to jump ship at this point.
    May 29 02:42 PM | Likes Like |Link to Comment
  • Soda tax fizzles in Illinois [View news story]
    LOL, excellent!
    May 28 09:34 AM | 1 Like Like |Link to Comment
  • McDonald's annual meeting: Arrests outside, cool confidence inside [View news story]
    Exactly what program or proposal that the President has initiated is responsible for those job gains, none. Where are jobs being created, oil and gas drilling, which the President hates, retail, and services. Here is a quote from the April employment report.

    "Employment gains were widespread, led by job growth
    in professional and business services, retail trade, food services and drinking places, and construction."

    Retail, food services and drinking places are not high paying jobs.

    Here is another quote

    "The civilian labor force dropped by 806,000 in April, following an increase of 503,000 in March. The labor force participation rate fell by 0.4 percentage point to 62.8 percent in April. The participation rate has shown no clear trend in recent months and currently is the same as it was this past October. The employment-population ratio showed no change over the month (58.9 percent) and has changed little over the year. (See table A-1.)"

    So somewhere between 58% and 62% of adults are working. Note that they state, the employment-population ratio is little changed over the last year.

    Lastly, public sector is not cutting jobs, here is the quote from the April report

    "Employment in other major industries, including manufacturing, transportation and warehousing, information, financial activities, and government, changed little over the month."

    And the March report.

    "Employment in government was unchanged in March. A decline of 9,000 jobs in federal government was mostly offset by an increase of 8,000 jobs in local government, excluding education"

    We don't need smaller Government, just better Government.
    May 23 09:32 AM | Likes Like |Link to Comment
  • McDonald's annual meeting: Arrests outside, cool confidence inside [View news story]
    If the economy were better, all this would be a non-issue. I believe our President said his number one priority in his second administration was creating jobs. I am still waiting for his first proposal that will create "private sector" jobs.
    May 22 04:10 PM | Likes Like |Link to Comment
  • Prospects for Senate vote on Keystone XL fade over amendments fight [View news story]
    Great idea, a carbon tax would really help an economy that is barely crawling. They build Keystone or they don't, doesn't really matter, the oil is coming anyways. The reason the oil is coming, is because the world needs it.
    May 7 09:31 PM | 6 Likes Like |Link to Comment
  • Kinder Morgan clarifies comments implying benefits from oil spills [View news story]
    Rachel Maddow? Never heard of her!
    May 7 12:44 PM | 1 Like Like |Link to Comment
  • Exxon Mobil Corporation declares $0.69 dividend [View news story]
    As a shareholder, i don't want them to spin-off downstream. There are times when the chemical and refining divisions are printing money, those times often occur when the upstream is not doing as well. In addition, there are a lot of advantages in being integrated, low cost of feedstock being one.

    If all an investor cares about is the size of the dividend, sell and buy something else.
    May 1 08:32 AM | Likes Like |Link to Comment
  • Exxon Mobil Corporation declares $0.69 dividend [View news story]
    Of all the stocks I own, there are none I feel better owning than XOM. They think 25-years or more ahead, which includes making sure they are raising dividends 25-years from now. Add up dividends and share buybacks, no one returns more to shareholders than XOM.
    Apr 30 09:11 PM | 2 Likes Like |Link to Comment
  • McDonald's vs. Chipotle: Customer wait times a factor [View news story]
    If the analyst is tryting to say service is faster at Chipitole than MCD, he is dreaming
    Apr 23 01:58 PM | 5 Likes Like |Link to Comment
  • Procter & Gamble sells well-known pet brands to Mars [View news story]
    Fair question. I have attached a link that shows how fragmented the dog food business is. No one really has a dominant share and competition is fierce.

    http://bit.ly/PSqSRG

    They may have had a billion dollar in sales, but pet profits make a small portion of P&G profits. Keep in mind sale is not for the entire business, European countries were left out.

    The geographic regions included in the acquisition, which account for approximately 80% of P&G Pet Care’s global sales, include North America, Latin America and other selected countries. The agreement includes an option for Mars to acquire the business in several additional countries. Markets not included in the transaction are primarily European Union countries. P&G said it is developing alternate plans to sell its Pet Care business in these markets.
    Apr 9 03:17 PM | 2 Likes Like |Link to Comment
  • Procter & Gamble sells well-known pet brands to Mars [View news story]
    Unloading the pet food business was a smart move. Many players, little growth and they were not the dominant player. It seems, they got a good price.
    Apr 9 12:31 PM | Likes Like |Link to Comment
  • Natural Gas Inventories Poised To Rise From 11-Year Lows, Rig Count Doesn't Matter [View article]
    If they could "create" shortages, don't you think they would have done something when NG was below $2.00? Energy companies will produce what pays the best, right now, oil and natural gas liquids is where the money is being made. The draw downs this winter were huge, Chicago had the coldest January through March period on record. Yes, there is plenty of natural gas, but the infrastructure and production money is going elsewhere.
    Apr 3 08:46 PM | 1 Like Like |Link to Comment
  • Rosneft, with U.S. partner Exxon, on track with LNG plant [View news story]
    Russia doesn't have greenies and a Democratic party beholding to them. They also do not have bureaucracy that takes years to approve something.
    Apr 1 07:24 PM | 3 Likes Like |Link to Comment
  • The Richest Man In History Reveals His Simple Wealth Generating Secret [View article]
    I liked the article and found it interesting. Rockefeller made his money by owning a business. However, once he had the money he did enjoy dividends. Rockefeller, was smart, frugal and generous with his philanthropic efforts. I don't understand why he was vilified.
    Mar 27 09:55 AM | 11 Likes Like |Link to Comment
  • Hastings shows no love for Comcast in neutrality manifesto [View news story]
    Don't blame Comcast, blame the providers. Fox, Disney, CBS, etc. all own multiple channels, when it comes time to negotiate carriage fees, the big content companies sell all their channels as a bundle. Comcast, Dish, Time Warner, whatever, cannot say, we do not want to carry Fox Business because no one watches it, they have to take all the Fox stations, all the Disney stations, all the CBS stations etc. In addition, cable companies have to carry local stations, so if you have Spanish language channels in your viewing area as I do, cable must carry them.
    Mar 21 05:56 PM | 1 Like Like |Link to Comment
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