Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated August 1, 2012. The company also declares a quarterly dividend of $0.77/share. (PR) [View news story]
Agreed on MO, way over valued in my eyes. Over the past year, I've been selling blocks of MO (first buy in the 80's) and replacing with PM.
Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated August 1, 2012. The company also declares a quarterly dividend of $0.77/share. (PR) [View news story]
What Eaton's Acquisition Of Cooper Industries Means, Or Why Deny The Obvious Buy? [View article]
I've been accumulating ETN for awhile now (small bites though). If the market gets crushed, I'll pile in. The beta can be particularly painful at times, but the long-term story seems to get better with time. If and when the world economy finds solid ground again, ETN is positioned incredibly well.
"It is very clear that Abbott Labs (ABT +0.2%) is the place to be when it comes to U.S. pharma stocks, with both dividends and earnings growth," writes SA author Tradevestor. Although Abbott's 3.3% yield "is the lowest of all the big pharma names," the firm has raised its dividend an average of 9% over the past five years, which is better than its peers. [View news story]
I like ABT, but...When you fall into the habit of quoting your own authors for your "market currents" you look rather lame.
Waste Management: Our Trash Is Its Treasure [View article]
Long-time owner of WM, I really believe in the developing story of this industry. I think you'll get your $27-28 this year, easy. I'm not compelled to add any time soon, though.
No company is going to touch CHK with a 10-foot pole, they have their own shareholders to keep happy. Sure they might take part in CHK's fire-sale of its best assets, but that's about it.
As the S&P 500 plows back above its 200-day moving average, technical bulls once again are coming out of the woodwork. But, will this rally turn into something real or just peter out? Skeptics argue Europe is still a problem and the gains aren't sustainable. Dennis Gartman agrees, saying the recent bounce is going to be short lived. "Usually bottoms are not formed in a pattern of a 'V'... Usually you get a bounce, then the market goes back and tests its lows again and again. I'd have very little exposure to equities." [View news story]
I am a fundamental investor first; and yes, the market is cheap right now. But any of you buying on that premise alone are being stupid. The market has blasted through 10X earnings more than a couple of times, it can always go cheaper than the 13-14 that it is today.
What you saw today was a textbook relief rally, a technical reaction to a very oversold condition. Don't read any more into it than that.
4.5%+ Yields From Infrastructure Investments [View article]
If you're interested in a broader infrastructure idea (rather than only pipelines and storage) check out BIP. I think it's a little over-priced here, but a mainstay of my income diet.
3 Dividend Catalysts To Buy Golar LNG [View article]
Todd, are you still liking GLNG in this environment? How about the new player, GLOG?
The thing that always stays on my mind with tankers (of any sort) is the tendency for shipper to push right into a state of overcapacity...although we're probably a few years away from that in this sub-sector.
May. ISM Non-Manufacturing Index: 53.7 vs. 53.5 expected and 53.5 prior (>50 denotes expansion). Prices index fell to 49.8 from 53.6. Employment fell 50.8 to from 54.2. New orders rose to 55.5 from 53.5. [View news story]
Service sector is up...you know what that means? Absolutely nothing. More minimum wage and part-time jobs.
Dividend Model Changes With Today's Federal Reserve Actions [View article]
What Eaton's Acquisition Of Cooper Industries Means, Or Why Deny The Obvious Buy? [View article]
Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated August 1, 2012. The company also declares a quarterly dividend of $0.77/share. (PR) [View news story]
Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated August 1, 2012. The company also declares a quarterly dividend of $0.77/share. (PR) [View news story]
What Eaton's Acquisition Of Cooper Industries Means, Or Why Deny The Obvious Buy? [View article]
Great article.
Microsoft Valuation Suggests A Reality Check With A Warning [View article]
Microsoft Valuation Suggests A Reality Check With A Warning [View article]
"It is very clear that Abbott Labs (ABT +0.2%) is the place to be when it comes to U.S. pharma stocks, with both dividends and earnings growth," writes SA author Tradevestor. Although Abbott's 3.3% yield "is the lowest of all the big pharma names," the firm has raised its dividend an average of 9% over the past five years, which is better than its peers. [View news story]
Waste Management: Our Trash Is Its Treasure [View article]
Chesapeake: Short-Term Mess, Takeover Target [View article]
Dividend Model Changes With Today's Federal Reserve Actions [View article]
As the S&P 500 plows back above its 200-day moving average, technical bulls once again are coming out of the woodwork. But, will this rally turn into something real or just peter out? Skeptics argue Europe is still a problem and the gains aren't sustainable. Dennis Gartman agrees, saying the recent bounce is going to be short lived. "Usually bottoms are not formed in a pattern of a 'V'... Usually you get a bounce, then the market goes back and tests its lows again and again. I'd have very little exposure to equities." [View news story]
What you saw today was a textbook relief rally, a technical reaction to a very oversold condition. Don't read any more into it than that.
4.5%+ Yields From Infrastructure Investments [View article]
3 Dividend Catalysts To Buy Golar LNG [View article]
The thing that always stays on my mind with tankers (of any sort) is the tendency for shipper to push right into a state of overcapacity...although we're probably a few years away from that in this sub-sector.
May. ISM Non-Manufacturing Index: 53.7 vs. 53.5 expected and 53.5 prior (>50 denotes expansion). Prices index fell to 49.8 from 53.6. Employment fell 50.8 to from 54.2. New orders rose to 55.5 from 53.5. [View news story]