@markboug. Please research tax implications for MLP's and BDC's. These can have an impact and need to be filed a little differently. Great yields but don't tax like a stock....
The Manitowoc Company: The Odd Couple [View article]
Great article. Another item is the age of cranes. A lot of these companies fleets are aging and will need to be updated very soon. When the industrial and construction markets turn around, MTW will be hard pressed to keep up with the demand...
Wall Street Breakfast: Must-Know News [View article]
Ebworthen
I'm patting myself on the back is quite correct, I entered BAC with an average cost of $6.47 and have no plan to unload anytime soon. Enjoy your day, I am, my two largest holdings are FCX and BAC......Look those two up in 12 months and it will probally open your eyes!
Wall Street Breakfast: Must-Know News [View article]
I'm glad to see BAC passing the stress test and getting in a better position. I still don't think it's fair to always blame only one side of the transaction and the bad loans. When buying our house 6 years ago, some of my people were advising me on interest only loans and/or adjustable rate mortgage. Had I done this, as we all know now, it wouldn't have worked out very good, but would it have been the banks fault if I chose this direction? If a person lives outside their means, it's not someone else's fault. Long BAC and FCX...... should be a good day...
After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. [View news story]
Good news for BAC longs....now how can the media make this a bad management decision by the bank? They'll figure a way somehow.
Wall Street Breakfast: Must-Know News [View article]
This is a little of subject, but it reminds me of California stepping in and deregulating the power utilities and Enron running crazy. The government should stay away from the power grid. The system of regulation works as it is.
Berkshire-owned BNSF Railway (BRK.A, BRK.B), one of the biggest U.S. consumers of diesel fuel, plans this year to test using natural gas to power its locomotives. If successful, the experiment could weaken oil's dominance as a transportation fuel and provide a new outlet for the glut of cheap natural gas in North America. [View news story]
WPRT is a position of mine and this could be good for us.....any thoughts?
Expect gradual, but not outsized jumps in capital returns from the banks this year, says Goldman (stress tests results are due Thursday, capital return decisions due March 14). Management teams are likely to be conservative in their requests from the Fed as "taking a mulligan" - i.e., resubmitting a plan after being shot down - is not seen as a viable option. [View news story]
Time will tell. As far as BAC is concerned, I believe this year will be an increase in Dividend. Only an opinion based on the fact that I am long and this is what I want.....
Federal and state regulators are reportedly investigating the role of major banks in facilitating the activities of online payday lenders that make short-term loans at exorbitant interest rates. The banks, which can earn lucrative overdraft and other fees, allow the lenders to automatically withdraw cash from debtor accounts, even in states where such loans are banned. [View news story]
One what's;
There is always two sides to any transaction, whether that be a simple loan or a massive loan correct? So the banks and republicans are the only ones guilty? Please elaborate on this! Placing blame on one side only seems popular now.
Federal and state regulators are reportedly investigating the role of major banks in facilitating the activities of online payday lenders that make short-term loans at exorbitant interest rates. The banks, which can earn lucrative overdraft and other fees, allow the lenders to automatically withdraw cash from debtor accounts, even in states where such loans are banned. [View news story]
Pay your bills! Blame the banks, seems to be very popular, but what about the people not educated about how to live up to their obligation. What kind of demographic uses payday loans? Maybe we can blame the people that signed to have a payday loan, yet didn't live up to their end.
How To Pick REIT Stocks Like Trump And Think Like Graham [View article]
It's understandable that MLP investors would be irritated as several - Calumet Specialty (CLMT) and Access Midstream (ACMP) are the latest - again revisit the trough for more capital and dilute their holdings, but demand for MLPs is so strong that unit prices of some involved in recent financings - BWP, DPM, EPB, EPD, MCEP - already have recouped initial losses and gained since their announcements. [View news story]
The Manitowoc Company: The Odd Couple [View article]
Wall Street Breakfast: Must-Know News [View article]
Item #6. "nobody ever went broke taking a profit". Well said. I've had sellers remorse a lot of times but in the end it all works out I guess.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
I'm patting myself on the back is quite correct, I entered BAC with an average cost of $6.47 and have no plan to unload anytime soon. Enjoy your day, I am, my two largest holdings are FCX and BAC......Look those two up in 12 months and it will probally open your eyes!
Wall Street Breakfast: Must-Know News [View article]
After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. [View news story]
Wall Street Breakfast: Must-Know News [View article]
Berkshire-owned BNSF Railway (BRK.A, BRK.B), one of the biggest U.S. consumers of diesel fuel, plans this year to test using natural gas to power its locomotives. If successful, the experiment could weaken oil's dominance as a transportation fuel and provide a new outlet for the glut of cheap natural gas in North America. [View news story]
Expect gradual, but not outsized jumps in capital returns from the banks this year, says Goldman (stress tests results are due Thursday, capital return decisions due March 14). Management teams are likely to be conservative in their requests from the Fed as "taking a mulligan" - i.e., resubmitting a plan after being shot down - is not seen as a viable option. [View news story]
The 7 Biggest Banks: Breakdown Of $50bn+Capital Returned In 2013 [View article]
Wall Street Breakfast: Must-Know News [View article]
Federal and state regulators are reportedly investigating the role of major banks in facilitating the activities of online payday lenders that make short-term loans at exorbitant interest rates. The banks, which can earn lucrative overdraft and other fees, allow the lenders to automatically withdraw cash from debtor accounts, even in states where such loans are banned. [View news story]
There is always two sides to any transaction, whether that be a simple loan or a massive loan correct? So the banks and republicans are the only ones guilty? Please elaborate on this! Placing blame on one side only seems popular now.
Federal and state regulators are reportedly investigating the role of major banks in facilitating the activities of online payday lenders that make short-term loans at exorbitant interest rates. The banks, which can earn lucrative overdraft and other fees, allow the lenders to automatically withdraw cash from debtor accounts, even in states where such loans are banned. [View news story]