The Special Dilemma For Altria Stockholders [View article]
I have orders for LO, MO and RAI which have not been filled. I have no qualms about tobacco fading as the buyers are addicted. We have got to get the Ghat chewers converted.
Exelon's (EXC) dividend cut is a bad sign for income investors, Paul Ausick writes, citing the forces that led EXC's move which exert a similar power over other utilities: higher depreciation and amortization expenses due to added capital spending, and a variety of costs - warmer weather, low electricity demand, tighter emission regulations - over which they have little or no control. [View news story]
Tell us more, we would never have figured that out. Duh.
It's going to keep getting harder to find a cigarette in 2013 if the state legislatures across the country get their way. Higher cigarette taxes are on the docket in a number of states with traditionally high numbers of smokers. Minnesota in particular, where nearly 16% of the population still smokes, the governor is seeking to boost the state cigarette tax rate to a new rate of $2.83 per pack, a move which is being lauded across the board by anti-smoking advocates. [View news story]
Any of you want a part in running cigarettes from SC to NY? It might be a better return on your money, however, there will be some risk.
Altria Will Slash Its 6% Dividend And Here's The Reason Why [View article]
I bought MO around $16 and sold it at a little over $32 and collected dividends for that time at about high 6 of 7% for the money I put in. I missed that $1500 dividend check quarter but hopefully I will be able to buy it back at a cheaper share price. If not, I will buy PGY and hope to hold on for a time. I can kick a young broker's butt who talked me out of buying LO at $98 because he thought I was too heavy in tobacco. Believe me, you had better do your own research and forget the pundits who are merely interested in selling their owned products or are pushing something for their own advantage. I feel like tobacco still has a way to go. When you try and fine tune, anything, to get the max out of it, you run the risk of cutting off the air and stalling it. Get the 60% in the middle and forget the 20% on the ends. Hogs still get slaughtered.
Morgan Stanley offers its favorite utility and coal stocks to play current dynamics in the coal and natural gas market. Among utilities, Calpine's (CPN) efficient nat gas-fired plants enjoy a large arbitrage against inefficient plans, and Exelon's (EXC) big nuclear fleet benefits from higher nat gas prices. The firm prefers exposure to met coal over thermal coal; its top pick is Walter Energy (WLT). [View news story]
MS should worry about its own problems rather than commenting on others. They have not, exactly, smoked it the last few years.
Utilities (XLU +0.5%) could be poised for a rebound after a rough month. Yesterday, utility stocks jumped on the strength of electricity providers after Deutsche Bank upgraded Exelon (EXC +2%). Today, the sector again moves higher after ISI Group upgrades EXC to Buy from Neutral. Also: UNS +1.7%, NVE +1.6%, PPL +1.2%. [View news story]
I sold Exelon and added to my Duke & Southern. I feel like both are better managed and operate in a climate that is more conducive to rate increases.
Altria Will Slash Its 6% Dividend And Here's The Reason Why [View article]
Why did I sell? I feel like I will be able to buy cheaper, sometime in the near future,and increase my number of shares. I don't believe the dividend, in December will offset that.
Annaly Capital COO James Fortescue adds 8% to his holdings of company stock, exercising options to purchase 10K shares of NLY for $13.25. [View news story]
He will sell at 14.75 and buy them back at 10.00. It is, always, good to be on the inside
The only question raised by Annaly's (NLY) repurchase plan is "what took the board so long?" With shares trading below book value and $100B+ of MBS on its books (much of it trading above par), the company just sold high-priced assets, cut its prepayment exposure by $1.5B, and used the funds to pick up cheap shares. [View news story]
What took so long? Everyone can't be perfectionists. How many shares did you buy at its nadir?
The Special Dilemma For Altria Stockholders [View article]
Exelon Cuts Dividend, Market Yawns [View article]
Why We Like The Most Hated But Cleanest Utility Stock, Exelon [View article]
Exelon's (EXC) dividend cut is a bad sign for income investors, Paul Ausick writes, citing the forces that led EXC's move which exert a similar power over other utilities: higher depreciation and amortization expenses due to added capital spending, and a variety of costs - warmer weather, low electricity demand, tighter emission regulations - over which they have little or no control. [View news story]
Whisper Number Impact: Earnings Preview For Exelon [View article]
It's going to keep getting harder to find a cigarette in 2013 if the state legislatures across the country get their way. Higher cigarette taxes are on the docket in a number of states with traditionally high numbers of smokers. Minnesota in particular, where nearly 16% of the population still smokes, the governor is seeking to boost the state cigarette tax rate to a new rate of $2.83 per pack, a move which is being lauded across the board by anti-smoking advocates. [View news story]
Sin To Win With This Dividend Stock That Keeps On Smoking [View article]
Why We Like The Most Hated But Cleanest Utility Stock, Exelon [View article]
Altria Will Slash Its 6% Dividend And Here's The Reason Why [View article]
products or are pushing something for their own advantage. I feel like
tobacco still has a way to go. When you try and fine tune, anything, to
get the max out of it, you run the risk of cutting off the air and stalling it. Get the 60% in the middle and forget the 20% on the ends. Hogs still
get slaughtered.
Morgan Stanley offers its favorite utility and coal stocks to play current dynamics in the coal and natural gas market. Among utilities, Calpine's (CPN) efficient nat gas-fired plants enjoy a large arbitrage against inefficient plans, and Exelon's (EXC) big nuclear fleet benefits from higher nat gas prices. The firm prefers exposure to met coal over thermal coal; its top pick is Walter Energy (WLT). [View news story]
Utilities (XLU +0.5%) could be poised for a rebound after a rough month. Yesterday, utility stocks jumped on the strength of electricity providers after Deutsche Bank upgraded Exelon (EXC +2%). Today, the sector again moves higher after ISI Group upgrades EXC to Buy from Neutral. Also: UNS +1.7%, NVE +1.6%, PPL +1.2%. [View news story]
Altria Will Slash Its 6% Dividend And Here's The Reason Why [View article]
near future,and increase my number of shares. I don't believe the dividend, in December will offset that.
Altria Will Slash Its 6% Dividend And Here's The Reason Why [View article]
Annaly Capital COO James Fortescue adds 8% to his holdings of company stock, exercising options to purchase 10K shares of NLY for $13.25. [View news story]
The only question raised by Annaly's (NLY) repurchase plan is "what took the board so long?" With shares trading below book value and $100B+ of MBS on its books (much of it trading above par), the company just sold high-priced assets, cut its prepayment exposure by $1.5B, and used the funds to pick up cheap shares. [View news story]