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Pat Stout

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  • Stock Market Versus Net Corporate Dividends [View article]
    SDS,

    The Y axis is 100 for the index base date. Wanted to compare the rate of change in net corporate dividends with the DJIA. The X axis is the same in chart 1 & 2, as the only change was the base index date.

    Thanks for the link.

    Hope that helps.
    Apr 9 07:20 PM | Likes Like |Link to Comment
  • J.C. Penney's Bondholders May Have The Upper Hand [View article]
    JCP is selling 84 million shares to raise equity.

    http://1.usa.gov/161mvbX

    This may help support the bonds.
    Sep 27 09:39 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    JCP is selling 84 million shares of common stock. http://1.usa.gov/161mvbX

    This helps reduce leverage and support the bonds.
    Sep 27 09:38 PM | Likes Like |Link to Comment
  • J.C. Penney Is Dead Money, Get Out While You Can [View article]
    I think the wrong person is given credit for suggesting the need to raise more equity. From the link:

    <snip>
    He added that Penney’s needs to get more equity into the business “sooner rather than later,” and if the board is happy with Ullman, they should get behind him. Questrom said that he was really not interested in coming back to the board of directors, but would consider it if he was asked by the board, and he agreed with their ceo choice.
    </endsnip>

    Fwiw, JCP bonds have held up well give the turmoil in the stock.
    Sep 22 02:00 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    That is the only tender that I am aware off. Looks like I got some bad data from the FINRA website when entering the CUSIP. Have noticed that happens from time to time.

    Your right the tender is for the 7.125% of 2023.
    May 1 07:31 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    The 7.95% of 2017 have a tender offer for $1,350 per $1,000 bond.

    Here is the release from JCP: http://jcp.is/12oeLKZ;highlight=
    May 1 05:49 PM | Likes Like |Link to Comment
  • Herbalife J.C. Penney And Pershing [View article]
    K.,

    That is a good question. I have not seen JC Penney breakout employee turnover / retention. It would be interesting to see how it compares with Herbalife, wouldn’t it?
    Mar 27 05:36 PM | Likes Like |Link to Comment
  • Leaders And Laggards Of The Dow Jones Industrial Average [View article]
    feduke,

    Good eye! Thanks for catching the transposition.
    Mar 25 04:10 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    This Barron's article might help explain what is going on with the bonds.

    http://on.barrons.com/...
    Mar 7 09:22 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    Thanks.

    The risk-reward profile favors the bonds in my opinion. However the bonds carry risk, but should be less risky than the equity (common stock).

    Time will tell what happens.
    Mar 7 09:04 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    There can be many factors accounting for the price movement. Terms and conditions of the bond issue. The shape of the yield curve and difference in spreads. Another factor is the size of the bonds traded.

    Hope that helps.
    Mar 7 09:00 PM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    Haven't looked at the bonds of CZR. What issue?
    Mar 7 06:38 AM | Likes Like |Link to Comment
  • J.C. Penney Bonds Change Of Control A Good Thing? [View article]
    Your welcome.

    I didn't notice the prospectus for the 7.95% of 2017 on the SEC site. It was issued in 1997 per FINRA. The SEC site only goes back to 2002 for JCP.
    Mar 7 06:35 AM | Likes Like |Link to Comment
  • Wal-Mart: Room To Grow The Dividend [View article]
    Walmart increased its dividend from $1.59 FY2013 to $1.88 FY2014

    Source: http://bit.ly/YoM6CQ
    Feb 21 08:41 AM | Likes Like |Link to Comment
  • Herbalife Big Market - CDC Says 78 Million Obese [View article]
    Why does the Better Business Bureau (BBB) rate Herbalife A+?

    Source: http://bit.ly/Vp9qDN
    Feb 17 06:02 PM | 1 Like Like |Link to Comment
COMMENTS STATS
35 Comments
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