More on Seadrill (SDRL): Q4 beats on its top line as net earnings swung to a profit on stronger revenue and the offshore-drilling contractor benefited from a change in an unrealized gain on marketable securities. Operating profit for floaters, the company's largest segment, dropped 7.3%, while the jack-up rigs business reported a 44% rise. Operating expenses meanwhile, climbed 24% to $774M. Shares +0.6% AH. [View news story]
Looks like I picked a winner. Looking to increase my holdings on a pullback.
Why I Sold My Verizon Stock (And Why I'm Not Looking Back) [View article]
As I mentioned I would do a while back. I sold half of my meager Verizon holdings and used it to purchase Vodophone. In the long run, I came out ahead. I own more units of VOD than of VZ and earn over $100.00 interest more. And I still own a position in VZ.
Atlantic Power (AT) declares C$0.09583/share monthly dividend, in line with previous. For shareholders of record Sep 28. Payable Oct 31. Ex-div date Sep 26. (PR) [View news story]
It's in my IRA. I love that monthly income. I'm long.
AT&T Vs. Verizon: Which Is The Better Long-Term Investment? [View article]
I bought 1000 shares of Verizon for my IRA early in 2010, just before a pullback (go figure). It took 8 months to recover. My broker mentioned that I should swap out Verizon for Vodafone. I did some interest calculations on my own. VZ sells for 1.56 X's VOD. Say sell 1000 shares of VZ and buy 1500 shares of VOD . 1000 X $2.06 = $2060. 1500 X $1.48 = $2220. That's $160. 00 more interest in an IRA that could be reinvested for even further growth.
BP Prudhoe Bay Royalty Trust (BPT +14.8%) is bouncing big after a disastrous three days since WSJ ran a cautious article on the group, which noted that royalty trusts trade at a premium to the present value of their cash available for distribution. Someone must be seeing blood in the Bay, now finding the risk/reward characteristics of this long-term cash machine more attractive. [View news story]
This stinks of market manipulation! BPT is mostly small investors in for the long haul for the large interest rate it pays. It takes a large firm to start a drop like this. I'm curious to find out who pulled the trigger to start this drop. Who stood to gain?
General Electric: Now Is Not The Time To Buy [View article]
I remember when "Jeff I" said that the "dividend was safe" just a few days before he and his crew of good old boys gave the dividend the ax. That established his reputation as a LIAR. G.E. needs a new leader. I have not, nor will I ever vote to keep "jeffe" in office.
General Electric, A Flat Stock Without New Consumer Products [View article]
I am long on GE. Have been for over 30 years. I Invested about 10% of my paychecks into GE's Savings and security program (a form of 401)and put it into GE stock. I sold most of it at a loss when GE slashed the dividend and plummeted to $6.00 a share.
GE buys companies to support their ongoing endeavors or to gain patents and a foothold into new endeavors. This is nothing new. They have been doing this for years. In the 70's They bought a small company that gave them patents and the technology to produce a cat scan that made them a leader in that field for years. And they keep doing this to maintain that leadership.
Why General Electric's Buyback Is A Raw Deal For Shareholders [View article]
I agree that GE has not fared well under Jeff Immelt's leadership. I have been a GE stockholder since the late 70's and enjoyed the stock growth provided by the previous leadership.(at least two doubles and a triple) The shift into financials nearly destroyed the company in the crash of '08/'09. Maybe a new leader is called for? I look foreword to validation of Tastrona's claims of theft by United Health.
More on Seadrill (SDRL): Q4 beats on its top line as net earnings swung to a profit on stronger revenue and the offshore-drilling contractor benefited from a change in an unrealized gain on marketable securities. Operating profit for floaters, the company's largest segment, dropped 7.3%, while the jack-up rigs business reported a 44% rise. Operating expenses meanwhile, climbed 24% to $774M. Shares +0.6% AH. [View news story]
Why the big increase in operating expenses?
Why I Sold My Verizon Stock (And Why I'm Not Looking Back) [View article]
Atlantic Power (AT) declares C$0.09583/share monthly dividend, in line with previous. For shareholders of record Sep 28. Payable Oct 31. Ex-div date Sep 26. (PR) [View news story]
AT&T Vs. Verizon: Which Is The Better Long-Term Investment? [View article]
VZ sells for 1.56 X's VOD. Say sell 1000 shares of VZ and buy 1500 shares of VOD . 1000 X $2.06 = $2060. 1500 X $1.48 = $2220. That's $160. 00 more interest in an IRA that could be reinvested for even further growth.
BP Prudhoe Bay Royalty Trust (BPT +14.8%) is bouncing big after a disastrous three days since WSJ ran a cautious article on the group, which noted that royalty trusts trade at a premium to the present value of their cash available for distribution. Someone must be seeing blood in the Bay, now finding the risk/reward characteristics of this long-term cash machine more attractive. [View news story]
Westport Innovations (WPRT): Q2 EPS of -$0.11 beats by $0.17. Revenue of $106.1M (+136% Y/Y). (PR) [View news story]
Dividend Investing Is Not Only About The Dividend [View article]
General Electric: Now Is Not The Time To Buy [View article]
G.E. needs a new leader. I have not, nor will I ever vote to keep "jeffe" in office.
BP Prudhoe Bay Royalty Trust: This Trust Is Worth 50% Of Today's Price [View article]
According to your math, The stock should be viable for a few more years. I don't have to wait till 2024 to sell it.
General Electric, A Flat Stock Without New Consumer Products [View article]
GE buys companies to support their ongoing endeavors or to gain patents and a foothold into new endeavors. This is nothing new. They have been doing this for years. In the 70's They bought a small company that gave them patents and the technology to produce a cat scan that made them a leader in that field for years. And they keep doing this to maintain that leadership.
Why General Electric's Buyback Is A Raw Deal For Shareholders [View article]
Cheapest High-Yield Stocks With Ex-Dividend Dates In May [View article]