JoeChase's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/178663/comments http://seekingalpha.com/article/124291-wall-street-breakfast-must-know-news?source=feed#comment-440696 440696 GE Breakup? Being a GE shareholder I received my proxy vote form this morning for the April 22st annual meeting. Aside from the normal election of board memebers, there was one question that caught my eye. It simply read “Independent Study Regarding Breaking Up GE” The board of directors recommends a “No” vote. There is an obvious reason for this, an independent study would find that shareholders would realize value if GE was broken up, but the directors of the board would be directing a much smaller company. There is lots of data that shows when there is a spin-off the combines value of the new companies is worth more than the value of the old company. In GE’s case this is happening from the financial arm right now, they are dragging down all the healthy businesses connected with GE. John Hepburn wrote the proposal for the proxy statement and really says it well (GE down 75% since he wrote this)]]> Thu, 26 Mar 2009 08:33:11 -0400 GE Breakup? Being a GE shareholder I received my proxy vote form this morning for the April 22st annual meeting. Aside from the normal election of board memebers, there was one question that caught my eye. It simply read “Independent Study Regarding Breaking Up GE” The board of directors recommends a “No” vote. There is an obvious reason for this, an independent study would find that shareholders would realize value if GE was broken up, but the directors of the board would be directing a much smaller company. There is lots of data that shows when there is a spin-off the combines value of the new companies is worth more than the value of the old company. In GE’s case this is happening from the financial arm right now, they are dragging down all the healthy businesses connected with GE. John Hepburn wrote the proposal for the proxy statement and really says it well (GE down 75% since he wrote this)]]> http://seekingalpha.com/news/market_currents/post/12770?source=feed#comment-323656 323656 Mon, 08 Dec 2008 09:11:46 -0500 http://seekingalpha.com/article/98346-american-express-to-the-sell-block-cramer-s-mad-money-10-2-08?source=feed#comment-272419 272419 as in "Permian Basin Royalty Trust"]]> Fri, 03 Oct 2008 08:00:36 -0400 as in "Permian Basin Royalty Trust"]]> http://seekingalpha.com/article/98346-american-express-to-the-sell-block-cramer-s-mad-money-10-2-08?source=feed#comment-272418 272418 as in "Permian Basin Royalty Trust"]]> Fri, 03 Oct 2008 08:00:36 -0400 as in "Permian Basin Royalty Trust"]]> http://seekingalpha.com/article/96663-will-bofa-cut-its-dividend?source=feed#comment-261205 261205 It will dilute per share earnings in the short run because Merrill has been losing money. In a year or two the EPS should be back around where it was because Merrill will earn money. BAC was projected to earn about $3 per share in 2009. There will be about 1.3B new BAC shares for the MER acquisition, (50B/37.48=1.3B), to keep EPS the same they will have to have total net income of 17.7B next year instead of 13.7B]]> Mon, 22 Sep 2008 08:11:47 -0400 It will dilute per share earnings in the short run because Merrill has been losing money. In a year or two the EPS should be back around where it was because Merrill will earn money. BAC was projected to earn about $3 per share in 2009. There will be about 1.3B new BAC shares for the MER acquisition, (50B/37.48=1.3B), to keep EPS the same they will have to have total net income of 17.7B next year instead of 13.7B]]> http://seekingalpha.com/article/96663-will-bofa-cut-its-dividend?source=feed#comment-261195 261195 You mean earnings? If so you should talk about how much their earnings will increase because of MER

]]> Mon, 22 Sep 2008 08:03:13 -0400 You mean earnings? If so you should talk about how much their earnings will increase because of MER

]]> http://seekingalpha.com/article/96663-will-bofa-cut-its-dividend?source=feed#comment-261194 261194 You mean earnings? If so you should talk about how much their earnings will increase because of MER

]]> Mon, 22 Sep 2008 08:03:13 -0400 You mean earnings? If so you should talk about how much their earnings will increase because of MER

]]> http://seekingalpha.com/article/83515-wall-street-breakfast-must-know-news?source=feed#comment-197090 197090 Wed, 02 Jul 2008 09:06:03 -0400