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ACI, AEP, BAC, BKH, BP, GE, HAL, JPM, MET
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  • A good deal of MetLife's (MET -0.9%) investor day presentation (webcast) (slides) focuses on limiting risk in variable annuities. The insurer's biggest lever to lower cost of equity capital, says CEO Steve Kandarian is addressing VA risk - among the steps is reducing VA sales ($28B in 2011 to $10B-$11B expected in 2013). The company also plans to merge 3 life insurance subsidiaries and one foreign reinsurer into a larger, well-capitalized, more transparent company that also satisfies Dodd-Frank rules. [View news story]
    From what I have heard, Down Frank won't help companies. I think if CEO's had their way, DF would be dumped.
    May 21 04:25 PM | Likes Like |Link to Comment
  • Third Point discloses new positions in: Anadarko Petroleum (APC), BE Aerospace (BEAV), Cabot Oil (COG), Chimera Investment (CIM), Hess (HES), Hilshire Brands (HSH), Tiffany (TIF), Thermo Fisher (TMO), and Virgin Media (MMED). It raises stakes in: AbbVie (ABBV) and International Paper (IP), and exits Abbott Labs (ABT), Capital One (COF), Coca-Cola Enterprises (CCE), Herbalife (HLF), Illumina (ILMN), MetLife (MET), Morgan Stanley (MS) and Tesoro (TSO). (13-F[View news story]
    Just a regular guy who follows the market. I also like JPM and certainly have a great respect for Jamie Dimon. I think that he is the best CEO worldwide. If you want small banks, better be prepared to have China take the lead. If you want to compete with in the international market, you need, Jamie Dimon. Period.
    I also think that we should be burning coal, which I am told, burns at 95% clean. We should also have the oil pipeline approved from Canada. Fracking is also an excellent way to go.
    When people talk about the cost of higher education, just think what it costs in the price of oil at a State University, or any other university, or hospital, and it goes on. Bring down the cost of oil and gas, then you have a robust economy. Did you ever stop to think that we are supporting the mid-east? Yup, keep buying their oil and we will pay dearly. Compete and the price, as capitalism will prove, the price will drop and drop dramatically. When that happens, that money we will have will be spent in other areas. Makes sense to me, how about you?
    May 15 07:19 PM | 3 Likes Like |Link to Comment
  • Third Point discloses new positions in: Anadarko Petroleum (APC), BE Aerospace (BEAV), Cabot Oil (COG), Chimera Investment (CIM), Hess (HES), Hilshire Brands (HSH), Tiffany (TIF), Thermo Fisher (TMO), and Virgin Media (MMED). It raises stakes in: AbbVie (ABBV) and International Paper (IP), and exits Abbott Labs (ABT), Capital One (COF), Coca-Cola Enterprises (CCE), Herbalife (HLF), Illumina (ILMN), MetLife (MET), Morgan Stanley (MS) and Tesoro (TSO). (13-F[View news story]
    I think that MET has a way to go. Maybe a long way on the upward side. It's acquired some nice pieces of art.
    I'd like to know what Third Point thinks of BKH, Black Hills, that stock has had a beautiful run and its earning prove it.
    May 15 07:13 PM | Likes Like |Link to Comment
  • MetLife (MET) is seeing positive comments out of Sterne Agee which finds the valuation - at 7x expected 2014 EPS - extremely compelling, simply too low in our view for this franchise. [View news story]
    From what I am seeing of other insurance companies and how well they are doing, I can't help but think the Met is lagging. If they are going to have earning around $5.00 a share, shouldn't the stock be selling much higher?
    I wish that someone would explain in detail as to what Sterne Agee is saying and what you are saying about, to low in our view for this franchise. What is it that you expect?
    Thanks.
    May 6 09:42 AM | Likes Like |Link to Comment
  • Metlife (MET): Q1 EPS of $1.48 beats by $0.18. Revenue of $16.98B misses by $52M. (PR). Shares +1.6% AH. [View news story]
    Now, just think what will happen if the revenues increase, which they should.
    Is it possible for MET to outdo AIG?
    b.
    May 1 04:23 PM | Likes Like |Link to Comment
  • Metlife (MET): Q1 EPS of $1.48 beats by $0.18. Revenue of $16.98B misses by $52M. (PR). Shares +1.6% AH. [View news story]
    Now, just think what will happen if the revenues increase, which they should.
    Is it possible for MET to outdo AIG?
    b.
    May 1 04:23 PM | Likes Like |Link to Comment
  • Solid News From Arch Coal [View article]
    HI,
    I would like to know how dirty coal actually is, or how clean it has
    become over the years?
    I've heard the coal burns 95% clean. Is that true? If so, then why is the E.P.A. against burning coal.
    If we could become energy independent, it would be a big help to our economy. I imagine then that the price of energy would come down and everyone would have more money to spend.
    Thanks for any info that you can share.
    Bernie.
    Apr 24 08:49 AM | Likes Like |Link to Comment
  • American Electric Power Company, Inc. (AEP) declares $0.49/share quarterly dividend, 4.3% increase from prior dividend of $0.47. Forward yield 3.89%. For shareholders of record May 10. Payable June 10. Ex-div date May 07. (PR[View news story]
    I liked it at 33 and love it now.
    Apr 23 10:12 AM | Likes Like |Link to Comment
  • Bank Of America Hits A Home Run [View article]
    Take a look at the pre market opening price of BofA. That my good man is better than any dividend. In fact, consider that upward move a beautiful dividend.
    I would also like to see, Mr. Ken Lewis, the former CEO of BoA brought back into the picture. Mr. Lewis is certainly a man that I admire.
    In closing, your article made my day. I imagine the Mr. Bove' will also have something constructive to say.
    I will ask a silly question, knowing the answer. what will happen to the market if our deficit is reduced substantionally?
    In closing. I was hoping that BofA did not increase their dividend. I too wanted to see buy back. Smart move, Mr. M
    Have a good day!
    Mar 15 08:18 AM | Likes Like |Link to Comment
  • Billionaire Jim Simons' RenTech Likes These 5 Dividend Picks [View article]
    I would like to know what he thinks of BKH, Black Hills Corp?
    Thanks.
    I too like MET. When MET gets clearance from the gov't, it will probably increase its dividend
    Mar 7 12:18 PM | Likes Like |Link to Comment
  • The big U.S. banks are considering defying the Fed and announcing capital return plans shortly after stress tests are released this afternoon, reports Bloomberg. The Fed wants the lenders to wait another week, but bank lawyers worry the plans will leak out. It's under discussion, JPM CFO Lake told an investor conference (transcript) Tuesday. XLF +0.6%[View news story]
    The reason that the banks got in to trouble was, sub-prime lending and Freddy and Fannie. Who came up with those ideas, not the banks!
    Mar 7 11:58 AM | 4 Likes Like |Link to Comment
  • AEP Is Not The Best Out There, Despite The Earnings Beat [View article]
    Just sharing what I think. Doesn't mean that I am right and it certainly doesn't mean that I am wrong.
    Feb 20 08:08 AM | Likes Like |Link to Comment
  • AEP Is Not The Best Out There, Despite The Earnings Beat [View article]
    As long as the gov't is after the utilities industries for burning coal, which is reportedly ninety-five per-cent clean, the AEP will not be able to be the best, but it sure is in the running. There are times when I would like to see all the utility companies and all of the banks just close their doors for a while. I'm sure that all of their critics would be very grateful when the lights came on and the bank doors opened again.
    AEP being 1/10 of one per-cent behind on the dividend compared to their competitors does not make it a second rate company. We all like to have something to strive for and I think that AEP is in the running. We should be grateful for all of those companies that supply our basic needs and not be such critics. Look at all the men and women in the coal industry who have lost jobs and lost their homes.
    have a good day.
    Feb 20 08:07 AM | Likes Like |Link to Comment
  • Bank Of America: Don't Step In Front Of This Freight Train [View article]
    Personally, there are two banks that I like, one is BAC and the other is JPM. Can you imagine what the world would be like, if we didn't have banks that can compete internationally? Just a thought that I wanted to share.
    Feb 13 09:05 AM | 2 Likes Like |Link to Comment
  • Bank Of America: Don't Step In Front Of This Freight Train [View article]
    David,
    I happen to agree with you. I also own bac in the forties and I bought
    some around three or so a couple of years ago. I also went into dividend reinvestment. Every leaf gathered decorates a tree and I am hoping to see BAC blossom again. In time, it will. I firmly believe that the banks problems all stem from Fannie and Freddy.
    I'm looking forward to read your writings in the future.
    Thanks.
    bernie
    Feb 13 09:03 AM | 2 Likes Like |Link to Comment
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53 Comments
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