Staying Away from These 15 Dividend Decreasers [View article]
the list lumped some real basket cases - C, NYT come to mind, with a few that have a real sustainable business model that just need to conserve cash and bolster their balance sheets - JPM being a real standout here, one of the few major banks with a real future.
the fact that dividend cuts are far more radical than increases should not come as a surprise - increases are expected and "normal"; cutting a div is a highly radical step and is done with fear and fury.
Rash generalization, at best. It's not about the industrial era vs. the information era - after all, Citigroup has as many programmers on its staff as Microsoft.
It's really an issue of a complete lack of real earnings by many institutions, cutting across multiple industries with a pattern that is discernable only to those who create numerous exceptions to define rules.
If information were dominant, Microsoft would be riding high along with Intel which virtually solidified its hold as the core of all tech.
Fast Eddie had one big hit - he scammed the bankruptcy court and raped the Kmart creditors. Since then he's managed to plod along, accelerated the destruction of Sears, and otherwise accomplish nothing of merit. All the while he's lionized for the one scam he pulled which had as much to do with running a hedge fund as with cheating at poker.
Staying Away from These 15 Dividend Decreasers [View article]
the fact that dividend cuts are far more radical than increases should not come as a surprise - increases are expected and "normal"; cutting a div is a highly radical step and is done with fear and fury.
The Dow's Lost Decade [View article]
It's really an issue of a complete lack of real earnings by many institutions, cutting across multiple industries with a pattern that is discernable only to those who create numerous exceptions to define rules.
If information were dominant, Microsoft would be riding high along with Intel which virtually solidified its hold as the core of all tech.
Wall Street Breakfast: Must-Know News [View article]
it will be as effective as UN resolutions condemning Israel's occupation or of Senate resolutions honoring mother's day
Eddie Lampert's ESL Holdings [View article]
Since then he's managed to plod along, accelerated the destruction of Sears, and otherwise accomplish nothing of merit.
All the while he's lionized for the one scam he pulled which had as much to do with running a hedge fund as with cheating at poker.