jarco

jarco
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  • AT&T to record $2.2B gain for Q4 around pension, post-employment benefits  [View news story]
    Your right but the key is how badly they're under funded. The ERISA "get well" formula is too liberal. Catch up is a mirage. Unfunded liability is not a paper transaction rather a hard debt on the balance sheet albeit unrealisticly recognized.
    Jan 23, 2016. 09:54 AM | 1 Like Like |Link to Comment
  • CenturyLink: Best Value Stock In The Telecom Sector Now Yields 9.71%  [View article]
    Amazing article. How anyone can find value in a company touting a 9-10% yield is, well, mind boggling. Regretfully I've been a CTL customer for the past decade. As a telephone operations veteran, scenes of CTL trucks parked around neighborhood terminal boxes, scratching their heads in apparent frustration, is disheartening. While an obvious isolated example, far too many replications have been voiced here and alsewhere thus becoming "the rest of the story".
    Jan 23, 2016. 09:39 AM | 2 Likes Like |Link to Comment
  • AT&T to record $2.2B gain for Q4 around pension, post-employment benefits  [View news story]
    or bring the pension plans to 100% funding level
    Jan 22, 2016. 06:04 PM | 10 Likes Like |Link to Comment
  • Wal-Mart Isn't Just Closing Stores, It's Exiting A Business  [View article]
    Agree with your points, especially the comment on Costco. The key in this space is "customer experience", in my view.
    Jan 22, 2016. 09:10 AM | 2 Likes Like |Link to Comment
  • Which Is The Better 8% Oil Dividend Stock - ConocoPhillips Or BP?  [View article]
    Spot on Orffy. Still amazed diehard COP owners can't see through CEO Lange's back peddling smoke screens.
    Jan 22, 2016. 09:03 AM | 3 Likes Like |Link to Comment
  • JPMorgan CEO Dimon's pay package worth $27M  [View news story]
    By tying Jamie Diamond's future earnings to "new" stock options, he essentially got the strike price lowered from the much higher prior rewards (where you & I bought) to today's much lower market price. A nice "reset" very common in corporate America. Wouldn't it be nice if we had the same privilege.

    Owners of much more maligned stocks, such as oil patch COP will likely enjoy the same "reset" despite the fact CEO Lange engineered the downfall by spinning of what became PSX. Check out your other holdings for very similar shenanigans.

    That said, I'd much rather have Jamie Diamond at the helm of an enterprise in my portfolio than numerous others that come to mind. What do you think?

    Long JPM
    Jan 22, 2016. 08:52 AM | 2 Likes Like |Link to Comment
  • JPMorgan works on work-life balance  [View news story]
    Also disagree. JPM's life-work program makes a lot of sense, in my experience. Long hours promotes an undetected decline in efficiency. These folks are not doing clerical work rather strategic financial planning, etc. Don't need tired brains here.
    Jan 21, 2016. 12:30 PM | 2 Likes Like |Link to Comment
  • General Motors opens Cadillac factory in China  [View news story]
    Fine as long as they do not attempt to export any caddys to the US
    Jan 21, 2016. 08:04 AM | 5 Likes Like |Link to Comment
  • Wal-Mart Isn't Just Closing Stores, It's Exiting A Business  [View article]
    Interesting comment stream to an otherwise modest article. There's more to the WMT dilemma than is presented here, in my view. As with retail in general, a key metric is the customer experience and expectations. WMT carved out a nitche decades ago with rural based discount stores. No frills per se just well in demand basics at a cheaper price than the now closed mom and pop store down the street. As geographical expansion progressed, WMT's motto didn't change simply attracted more of the same crowd with a somewhat but meaningful wider scope of the important metric; namely, customer experience and expectations. Recent expansion came to a halt when it ran out of customers wiling to stand in long checkout lines, overlook the dirty floors, and finally discover the price discount had eroded. Competing WMT stores with roving shelf price scanners has resulted in price increases at or very near other chains on several popular items. Customers are discovering the price difference is out weighing the shopping burden. This is not a landslide mind you but simply a trend that cannot be ignored.
    Jan 20, 2016. 09:21 AM | 2 Likes Like |Link to Comment
  • Mesabi Trust Is Undervalued And With Iron Ore Price Upside And No Capex  [View article]
    As I understand it, CLF has mining operations with Mesabi Range sites other than MSB. I was under the impression MSB mining operations is closed other than skeleton crew.
    Jan 20, 2016. 08:19 AM | Likes Like |Link to Comment
  • Mesabi Trust Is Undervalued And With Iron Ore Price Upside And No Capex  [View article]
    MSB gets paid by CLF only when finished pellets are actually shipped. Typically, inventory is built up during lake frozen season and are reflected in later MSB qtr earnings. With CLF in close down with no start up forecasted, Immediate several qrt earnings for MSB are in question. Additionally, I find it interesting that MSB stock is surprisingly swinging up while the actual facilitator is sinking with no immediate recovery on the horizon.
    Jan 19, 2016. 01:40 PM | Likes Like |Link to Comment
  • Kroger And The Emerging Threat To The Business  [View article]
    Any comments on this subject given Wall-Mart's announced store closings? Sounds like they are reeling. Too big to fail?
    Jan 16, 2016. 09:46 AM | Likes Like |Link to Comment
  • Outperforming Dividend Aristocrat Is Beating The Market Pullback, Insiders Are Buying  [View article]
    Have owned ED for a number of years along with several other public electric power utilities. While this sector is not without concerns all investors must be aware of, it constitutes the majority of my self directed retirement income stream. A distinct advantage for ED . . . . it does not generate power, for the most part, thereby eliminating issues such as coal and nuclear power facility maintenance, pollution and safety risks, among others.
    Jan 16, 2016. 09:30 AM | 8 Likes Like |Link to Comment
  • Kroger And The Emerging Threat To The Business  [View article]
    Thanks to the author and numerous commentators for their efforts. The latter really comes home to where the rubber meets the road. Interesting background on Aldi Nord and Sud and the association with Trader Joe's.

    Spent many years in this business as a supplier to a number if US grocery chains. We were like Avis being either #2 or #3 to Hertz on a nation wide basis. A fascinating and very competitive business open 7 days a week and in most instances, 12-15 hours a day if not 24 in some cases. When shopping, I find myself looking around for operational problems and hardly ever pass the bread aisle without pulling product up.

    Again, thanks to all. Fascinating article and commentary stream. Long: KR
    Jan 15, 2016. 01:26 PM | Likes Like |Link to Comment
  • Kroger And The Emerging Threat To The Business  [View article]
    Interesting. Your comment points out the importance of quality control in Germany which as a BMW owner I appreciate. In my experience, US grocers QC centers around customer complaints as opposed to lab type testing. Additionally, this same laissez-faire attitude permeates most retailers and on-line clothiers particularly as it come to imports from China, et al. Little or no vendor survailance.
    Jan 15, 2016. 01:10 PM | Likes Like |Link to Comment
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