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jmodrkrk

jmodrkrk
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  • Landmine or just regrettable? Taylor Swift fans flock to social media to protest an Abercrombie and Fitch (ANF -2%) T-shirt featuring the phrase "#more boyfriends than t.s." The retailer notes that the item "is no longer available." [View news story]
    meanwhile, in real news...anything else happened.
    Jun 21, 2013. 03:36 PM | 2 Likes Like |Link to Comment
  • Mortgage REIT Math, Or How Rising Rates Cause Investor Pain [View article]
    because writers make money on page clicks, right?
    Jun 16, 2013. 10:31 PM | Likes Like |Link to Comment
  • Detroit emergency manager Kevyn Orr is due to unveil his restructuring plan for the debt-laden city today to public labor unions, bondholders and bond insurers, including MBIA (MBI) and Assured Guaranty (AGO). Orr will reportedly try to persuade creditors to accept as little as 10 cents on the dollar for the city's debt. He has indicated that creditors would be far better off compromising now than taking their chances with a Chapter 9 bankruptcy filing. [View news story]
    i seriously hope you are joking. either cleveland (the mistake on the lake) or detroit in february sounds like a terrible time.
    Jun 16, 2013. 10:24 PM | Likes Like |Link to Comment
  • Detroit emergency manager Kevyn Orr is due to unveil his restructuring plan for the debt-laden city today to public labor unions, bondholders and bond insurers, including MBIA (MBI) and Assured Guaranty (AGO). Orr will reportedly try to persuade creditors to accept as little as 10 cents on the dollar for the city's debt. He has indicated that creditors would be far better off compromising now than taking their chances with a Chapter 9 bankruptcy filing. [View news story]
    really?
    Jun 14, 2013. 01:13 PM | Likes Like |Link to Comment
  • Straight Outta Stockton: Meredith Whitney Comes Out Swinging In 'Fate Of The States' [View article]
    I'm loving the title of the article.
    Jun 5, 2013. 10:43 AM | 1 Like Like |Link to Comment
  • Exelon (EXC) -5.1% premarket after Deutsche Bank downgrades shares to Hold from Buy with a $34 price target, down from $38, citing Friday's "thesis-altering" PJM capacity auction results. The firm says lower RPM revenues will present headwinds in 2016-17, and another surge of new committed gas plants and imports in 2016 is "a big risk that may offset energy price upside expected from coal plant retirements." [View news story]
    $EXC the dog that keeps on giving.
    May 28, 2013. 09:07 AM | 2 Likes Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    ...and John McCain just wanted Tim Cook to tell him why he needs to keep updating his apps. Most of these Congressmen are in way over their heads, little no understanding of what they're dealing with. http://tinyurl.com/m25...

    "For years, Apple has opted to forego fully contributing to the U.S. Treasury and to American society by shifting profits and circumventing U.S. taxes," -- John McCain

    If I can't remain within the tax law AND 'fully contribute' to American society at the same time, count me out.
    May 22, 2013. 09:52 AM | 2 Likes Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    "But it does seem that Appleā€™s total actual federal tax payments in both FY2010 and FY2011 were less than 10% of its reported net income."

    You make tax payments on taxable income, not book income. 99% of companies will have far lower tax income than book (see FAS 109). It looks like AAPL's tax payments are moving in-step with their revenue growth, roughly doubling on both accounts. Tax avoidance is legal, big MNCs spend a lot of money employing a lot of people to accomplish this in a legal, sustainable manner. These corporations are under constant audit by internal parties, external advisors (Big 4) and by the IRS, and I feel people have a tendency to overlook that. And it's getting more transparent all the time, with the advent of the schedules M-3 and UTP in the last few years.

    I'm not sure public tax returns are really the answer. There's nothing in these tax returns that any of these aforementioned groups is not already precisely aware of, and frankly, few others would be able to glean any insights (certainly not Congress, or the American populace).
    May 21, 2013. 03:34 PM | 1 Like Like |Link to Comment
  • Retail analysts think a lucrative market exists for plus-sized yoga apparel and activewear for the first company to invest and market in the category. The early read: Gap's (GPS +1.2%) Athleta brand might have the upper hand as it already offers yoga clothing up to size 20 compared to Lululemon's (LULU +1.8%) biggest size of 12. [View news story]
    I'd be interested to see the dating profiles of these retail analysts.
    May 14, 2013. 01:49 PM | 1 Like Like |Link to Comment
  • The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
    Exactly, our energy supply is really only limited by human ingenuity, demand economics, and technology, the resources themselves will become increasingly secondary as we progress. In a 100 years, we could be having this same discussion about harvesting all of America's commodity "X" used to produce energy. Maybe it's pig shit used in anaerobic digestors, who knows.
    May 10, 2013. 10:07 AM | 3 Likes Like |Link to Comment
  • The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
    exactly, the economics will ultimatly determine what does or does not happen, government policy is an important, but not deciding, influence. At the end of every, every, line of thinking (policy, environmental, social) is ultimately a dollar.
    May 10, 2013. 09:43 AM | Likes Like |Link to Comment
  • Linn Energy (LINE) -5.1% premarket after a weekend Barron's article warns of a sharp drop if the dividend gets cut. LINE's 7.5% dividend yield has supported the company's high unit price even as its fundamentals have faded; in Q1, LINE failed to produce enough cash to cover its distribution, even by its generous measure of distributable cash flow. LNCO -6.8% premarket. [View news story]
    seems like all my favorites have started shitting the bed in the last week.
    May 6, 2013. 09:01 AM | 2 Likes Like |Link to Comment
  • Want To Retire Before 60? Here Is What You Need To Know [View article]
    Dig a little deeper than 15 years ago in those history books -- expensive, unproductive labor will be replaced; jobs will outsourced and offshored. 225 years ago, America was what China and India are today. In a 100 years they will be going somewhere else. I think if you're educated, willing to become increasingly self-educated and working to constantly redevelop and improve your skills to match a dynamic, hungry workforce than retirement at 65 can be a reality.

    I'm sure none of those interviews went on to well if you were posterizing 'injuns from inj' for your last layoff, despite your education. Especially not if your dropping lines like deca million (tens of millions?).
    May 1, 2013. 07:20 PM | 1 Like Like |Link to Comment
  • Want To Retire Before 60? Here Is What You Need To Know [View article]
    WB, I agree that frugality & humility are worthy characteristics regardless of age or financial position -- hard work, too. But beyond the things that would apply universally (save as much as possible, live within ones means, insure against sickness, injury and death) does the investment outlook and goals change for these individuals? Can a more conservative approach be used, knowing that reaching for outsized returns may not be necessary to provide for your family now and into the future?
    May 1, 2013. 03:49 PM | Likes Like |Link to Comment
  • Want To Retire Before 60? Here Is What You Need To Know [View article]
    As boomers grow older, even the "mass afluent" (i.e. not rich in the way one generally thinks of, but well off) are using GST trusts and GRATs to pass on wealth & assets to younger generations, especially in this low interest rate environment. Formerly tools only of the very wealthy, CFPs and wealth managers for these smaller clients are pushing these vehicles pretty aggressively -- I think it makes sense. That said, politicians will always look for new sources of money. I also agree entirely that very young investors should plan for retirement with zero anticipation that SS will be a factor.
    May 1, 2013. 11:23 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
94 Comments
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