The Virginian
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Post by The Virginian on May 3, 2013 11:20:45 GMT -5
Don't count GE out - They have government connections after all and it has a 3.4% yield to boot : GE gets U.S. antitrust approval to buy oil pump maker Lufkin
WASHINGTON | Fri May 3, 2013 11:39am EDT WASHINGTON May 3 (Reuters) - General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc, a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and natural gas from shale. The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, announced the approval on Friday. GE said it hoped to close the acquisition, announced April 8, by June. The deal is GE's first major acquisition since the conglomerate sold its remaining stake in NBC Universal two months ago. GE Chief Executive Jeffrey Immelt has spoken recently of plans to focus more on growth in the energy-rich shale fields of North Dakota, Texas and elsewhere in the United States. Lufkin's pumps, also known as artificial lift products, are commonly seen seesawing back and forth on top of energy wells to pull oil and natural gas to the surface. www.reuters.com/article/2013/05/03/ge-lufkin-idUSL2N0DK0YD20130503?feedType=RSS&feedName=mergersNews&rpc=76
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The Virginian
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"Formal education makes you a living, self education makes you a fortune."
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Post by The Virginian on May 7, 2013 17:26:01 GMT -5
I hope Duke Energy buys it !
May 7 (Reuters) - U.S. power company FirstEnergy Corp said on Tuesday it hired an adviser and started implementing its plan to sell up to 1,240 megawatts of unregulated non-core hydro generation assets.
The company did not identify the hydro plants to be sold but wants to complete the sale in the second half of the year, FirstEnergy CEO Anthony Alexander said on the company's first- quarter earnings call.
He said FirstEnergy plans to use the proceeds of the hydro sale to reduce debt, though he did not estimate how much the hydro plants were worth.
FirstEnergy owns several unregulated hydro facilities in Pennsylvania, Virginia and West Virginia, including part of its 1,212-MW stake in the 3,003-MW Bath County pumped storage plant in Virginia, and the 451-MW Seneca pumped storage plant and 52-MW Lake Lynn hydro plant in Pennsylvania.
One megawatt powers about 1,000 homes.
A unit of U.S. power company Dominion Resources Inc. operates the Bath County facility. About 60 percent of FirstEnergy's 1,212-MW stake in Bath County is unregulated. The other 40 percent is regulated and not for sale.
FirstEnergy first announced it was looking to sell the competitive hydro plants in February.
In addition to the hydro asset sale, Alexander said public power provider American Municipal Power (AMP) told FirstEnergy that AMP no longer intends to proceed with FirstEnergy's construction of the 873-MW Eastlake simple cycle natural gas-fired peaker plant on Lake Erie in northeast Ohio.
AMP provides power to municipal power companies in Ohio, Pennsylvania, Michigan, Virginia, Kentucky, West Virginia and Delaware.
Without AMP, Anthony said, FirstEnergy will not bid the Eastlake peakers into this month's PJM reliability pricing model capacity auction for the 2016-2017 period.
PJM operates the power grid in 13 U.S. Mid-Atlantic and Midwestern states, including Ohio, serving more than 60 million people.
PJM uses the capacity auction to secure resources to ensure there is enough power available in the future.
"We do not expect AMP's decision to not proceed with the project to have any significant impact on the auction," Anthony said, noting FirstEnergy had about $700 million in transmission investments planned to support reliability in Ohio through 2016.
He noted FirstEnergy will continue to work with PJM to address the need for any additional transmission projects, which would create additional investment opportunities beyond the projects identified through 2016 or in future years to further bolster and support system reliability in northern Ohio.
HARRISON NOT CRITICAL
In addition, Alexander said federal regulators approved a proposal to transfer 80 percent of the 1,954-MW Harrison coal-fired station in West Virginia from FirstEnergy's unregulated FirstEnergy Solutions unit to its regulated Mon Power unit in West Virginia.
Alexander said the company is waiting for a filing from federal regulators related to financing for the transaction and hearings at the state regulators scheduled for May 29-31.
"We believe the proposed transaction is good for the state of West Virginia, as it is expected to help ensure reliable power for our West Virginia utility customers for many years to come," Alexander said.
But he noted the company's recent success with refinancing its debt, among other things, means the Harrison transaction, while still important to both West Virginia and FirstEnergy Solutions, is "no longer critical to the successful completion of our financial plan."
Finally, Alexander said with respect to the federal environmental Mercury and Air Toxics Standards rule, or MATS, the company was granted one-year extensions for compliance until April 2016 in both Pennsylvania and West Virginia for several coal plants.
The plants are the 1,590-MW Hatfield Ferry and 2,510-MW Bruce Mansfield plants in Pennsylvania, and the 1,107-MW Fort Martin, Harrison and 1,288-MW Pleasants plants in West Virginia.
"As we continue to refine our capital expenditures related to MATS, we are lowering our estimated costs to approximately $925 million from the $975 million previously reported," Alexander said.
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The Virginian
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Post by The Virginian on May 7, 2013 17:28:11 GMT -5
Whole Foods 2Q income rises, company lifts outlook May 7, 2013 5:50 PM ET.
AUSTIN, Texas (AP) - Whole Foods Market Inc. said Tuesday that net income rose 20 percent in its fiscal second quarter, and it raised its profit forecast for the fiscal year.
Whole Foods also said it will conduct a two-for-one stock split at the end of May.
Net income for the three months ended April 14 was $142 million, or 76 cents per share. A year ago Whole Foods made $118 million, or 64 cents per share. Revenue grew 13 percent, to $3.03 billion.
Analysts expected 73 cents per share on $3.04 billion in revenue, according to FactSet.
Whole Foods said revenue from stores open at least a year grew 6.9 percent. Results from stores open at least a year are an important measure of retailer performance because they exclude results from locations that opened or closed recently.
Whole Foods has 349 stores in the U.S., Canada and the United Kingdom. It expects to open 32 stores in the current fiscal year and 33 to 38 more in fiscal 2014.
The company is now forecasting net income of $2.86 to $2.89 per share for the fiscal year, up from $2.83 to $2.87 per share.
Analysts expect net income of $2.87 per share, on average.
Whole Foods' board approved a two-for-one stock split that will double the company's share count to about 370 million. The company said shareholders of record on May 17 will get a stock dividend on May 29, receiving one new share for every share they own. The shares will start trading at post-split price on May 30.
Whole Foods' current annual guidance does not reflect the stock split.
Shares of Whole Foods Market jumped by $7.40, or 8 percent, to $100.20 in after-hours trading. The stock picked up $1 to close at $92.80 in the regular session.
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The Virginian
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Post by The Virginian on May 17, 2013 16:20:04 GMT -5
Six Flags has announced a 2-1 Stock Split. Payable 27 June 2013!
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The Virginian
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Post by The Virginian on May 21, 2013 10:21:08 GMT -5
May 21 (Reuters) - Marlboro maker Philip Morris International Inc said it will buy out billionaire Carlos Slim's Grupo Carso from their Mexican joint venture for about $700 million.
Grupo Carso will sell its 20 percent stake in Philip Morris Mexico in a deal that the U.S. company said would add marginally to its earnings per share in the fourth quarter.
Philip Morris said the agreement was subject to final price adjustments based on the Mexican unit's performance over a period of time.
"We have benefited greatly from our partnership with Grupo Carso and we remain confident in our ability to excel in this important market in the years ahead," James Mortensen, Philip Morris International's president of Latin American and Canadian operations, said in a statement.
Philip Morris said its partnership with Grupo Carso spanned more than 30 years. Slim, frequently listed as the world's richest man, is a member of the U.S. company's board.
The JV holds nearly three quarters of the market share of Mexico's total tax-paid cigarette industry by volume and Marlboro is the leading brand in Mexico with a 53.6 percent share as of 2012, the company said.
Philip Morris shares were down 1 percent at $94.06 in morning trading on the New York Stock Exchange, while Grupo Carso shares were down 2 percent on the Mexican Stock Exchange.
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The Virginian
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Post by The Virginian on May 22, 2013 10:53:41 GMT -5
Flowers Foods approves stock split, hikes dividend 11:46 AM ET, 05/22/2013 - Associated Press
NEW YORK -- Flowers Foods on Wednesday approved a three-for-two stock split and hiked its dividend.
After the split, shareholders of the maker of Tastykake will own three shares for every two shares they held. The dividend will be 11.25 cents per share on a quarterly basis or 45 cents per share on an annualized basis. The company said that equated to a 5.5 percent increase over its previous rate.
Both the stock split and dividend are payable on June 19 to shareholders of record June 5.
Based in Thomasville, Ga., Flowers Foods Inc. also makes breads including Nature's Own. The company is seeking to buy several bread labels from Hostess Brands, including its famous Wonder bread. The deal was approved by a bankruptcy court but is still under regulatory review.
Shares of Flowers Foods rose $1.38, or 4.2 percent, to $34.58 in midday trading.
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The Virginian
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Post by The Virginian on Jun 18, 2013 13:44:59 GMT -5
Google Set for Stock Split !
SAN FRANCISCO (AP) - Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class of non-voting shares later this year.
The settlement announced Monday came on the eve of a scheduled Delaware chancery court trial that threatened to cast an unflattering light on Google co-founders Larry Page and Sergey Brin.
The class-action by the Brockton Retirement Board in Massachusetts and another Google shareholder, Philip Skidmore, alleged that Page and Brin engineered the stock split in a way that unfairly benefits them while shortchanging the rest of the company's shareholders.
Google denied the allegations and maintained that the proposed stock split announced 14 months ago would benefit shareholders by ensuring that Page and Brin would preserve the power that has enabled them to make the same kinds of bold bets on technology that has helped increase the company's market value by more than $260 billion during the past nine years.
The split calls for a new class of "C'' stock with no voting power to be issued for each share of an existing category of "A'' voting stock. The structure is designed to ensure that Page and Brin retain control over the company, even though they only currently own about 15 percent of Google's outstanding stock, combined.
Page, Google's CEO, and Brin, an executive who oversees special projects in the company's secret X Lab, hold 56 percent of Google's voting power through a "B'' class of stock that gives them 10 votes per share. By creating a new class of non-voting shares, Google will be able to keep rewarding other employees with more stock and financing potential acquisitions of stock without undermining the voting power of Page and Brin.
The co-founders began pushing for the stock split three years ago, according to court and regulatory documents. Google shareholders approved the split a year ago, but the lawsuit had prevented the company from issuing the new shares.
The settlement still requires final court approval after shareholders have an opportunity to file any further objections. That means it will be at least several more weeks before the split can occur.
The legal truce will require Google Inc. to compensate owners of the new class of if stock if it's worth less than the existing class of stock after one year of trading. If the Class C stock is one percent to five percent below the price of the Class A shares, investors will receive a fraction of the difference in cash or additional Google stock. The maximum payments will be made if Class C stock lags the Class A price by five percent or more.
Google's Class A shares rose $11.21 Monday to close at $886.25. Based on that price, the Class C stock would have to be trading at $841.94 or lower to receive the maximum payment outlined in the settlement. In this scenario, the Class C stockholders would receive $44.31 per share.
If the split takes place, the trading price of Google's stock will probably fall dramatically to reflect a nearly doubling in outstanding shares. Google is expected to issue more than 271 million C shares, based on how many Class A shares were outstanding as of April 18.
Google, which is based in Mountain View, Calif., is betting there won't be a substantial gap between the trading prices of the Class A and Class C shares because investors backing the company have always known Page and Brin had the power to trump all other shareholders. That arrangement seems to have worked out well, given that Google's A shares have risen 10-fold from their initial public offering price of $85.
Another provision of the settlement requires Google's board to do a special review assessing how Class A shareholders will be affected if a future company acquisition is financed with more than 10 million shares of Class C stock.
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The Virginian
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Post by The Virginian on Jul 16, 2013 9:54:41 GMT -5
money.msn.com/top-stocks/blog--3-stock-splits-you-can-count-onHere's and interesting article on making money off of stock splits: By Will Ashworth There's a guy in San Jose, Calif., who makes money from stock splits. Neil Macneale's his name, and he has been writing his 2 for 1 Newsletter since August 1996. A contractor by trade, Macneale put $50,000 into an IRA, and during the next 13 years it gained 452.4% through the end of May compared to 241.7% for the Vanguard 500 Index Fund (VOO -0.10%). Traditional thinking suggests that stock splits -- especially the 2-for-1 variety -- do nothing to add economic value to a stock. It simply doubles the number of shares outstanding. Think again. Two university professors from Columbia and the University of Illinois released a study in 2012 that studied stock splits between 1988 and the end of 2007. The professors found that stock splits foreshadow sustainably strong earnings. Macneale is living proof the study wasn't a fluke. To build your own fund, Macneale suggests buying a stock that has split 2-for-1 or higher (3-for-1, etc.) every month ($1,000 per stock) until you own 30 stocks. Once you've got your portfolio in place, maintaining it becomes real simple. Each month you sell the oldest stock, replace it with a stock that has split in the same month, then repeat the process in subsequent months. It's idiot-proof. Well, sort of. You still have to decide which stocks to pick. There are slim pickings in some months, and hard decisions in others. But in the end, I think you'll do just fine. So far in 2013, there have been 19 stock splits of 2-for-1 or greater, with four more scheduled in the next week. Here are my three favorites: First pick: AO Smith AO Smith (AOS +0.03%) is up roughly 10% since April 15, when it announced a 2-for-1 stock split payable May 16. The maker of water heaters has been a favorite of mine (InvestorPlace) for several years primarily because of its manufacturing policy, which has it making products in the countries where it plans to sell those products. Although its business in China and India is growing rapidly, it still generates a majority of its revenue in the U.S. Most of what it sells here it makes here. It doesn't rely on its Asian plants for its U.S. production -- those plants are meant for domestic production in China and India. It does the same in Canada. It's possible that could change, but until it does, I can't think of a better stock to own in the industrial goods sector. Second pick: Whole Foods Regardless of what you might think of John Mackey's antics, you have to love the job he has done as founder and co-CEO of Whole Foods Market (WFM -0.74%). Since going public in January 1992, its stock has achieved an annualized total return of 18.4% -- 910 basis points greater than Wal-Mart (WMT +0.27%), which wasn't nearly as big back then as it is today. That's quite an accomplishment. Whole Foods -- which has split four times since 1992, including its most recent 2-for-1 split on May 29 -- continues to grow its business in a methodical manner, increasing same-store sales for 14 consecutive quarters. Since the second quarter of 2008, it has increased its average weekly sales per store by 27% to $725,416. It's for this reason it keeps growing earnings by 20% annually or more. With the health-food craze now a normal part of everyday life, the future is very bright indeed. Third pick: Lorrilard My last pick isn't going to win any awards for bettering mankind, but it certainly has the attention of income investors across the country. Lorillard (LO +0.26%), which was spun off from Loews (L -0.44%) in June 2008, has paid out $8.21 in dividends since becoming an independent company. In January, it split 3-for-1; since then, its stock is up 12%. The most interesting aspect of a Lorillard investment is its April 2012 acquisition of Blu eCigs for $135 million. The American electronic cigarette market is estimated to be worth as much as $1 billion, and Lorillard now controls 40% of the market share. While its sales in the second quarter were just $57 million along with $7 million in operating income compared to $1.5 billion in revenue and $550 million in operating income for its regular cigarettes, it still has great potential. Especially since e-cigs are a much safer alternative to the real thing.
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The Virginian
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Post by The Virginian on Jul 24, 2013 7:43:14 GMT -5
Some are trying to Convince Pesico to purchase Mondalez - Not sure how that would play out for me since I own Mondelez but not pepsi. Personaly I like Mondelez as a stand alone. If anything maybe Coca Cola (KO) should buy them.
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The Virginian
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Post by The Virginian on Jul 24, 2013 7:47:09 GMT -5
Also - Pepsico is hinting they might be spinning off a division or two in the future.
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Post by Value Buy on Jul 24, 2013 10:07:08 GMT -5
Some are trying to Convince Pesico to purchase Mondalez - Not sure how that would play out for me since I own Mondelez but not pepsi. Personaly I like Mondelez as a stand alone. If anything maybe Coca Cola (KO) should buy them. It really upsets me these billionaires come in with a few 100 million dollars of investment and demand a say in operating these companies. Pepsi knows what they are doing. They have no need for a cookie/cracker company, and it would create no synergy between the companies. If the billionaires really feel this way, put a few billion into the company, and buy the board seats legitimally, and create change, but if you only own less than 5% of the company you do not have a right to run the company.
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Post by Value Buy on Jul 24, 2013 10:11:02 GMT -5
Virginian, I own 110 shares of J&J. Wondering if you think there is a chance they might split in the near future. Being near their all time high, I am considering selling now, but if they did a split soon I would prefer to keep the stock for a few more years.
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Post by Deleted on Jul 24, 2013 13:20:21 GMT -5
The last time JNJ split their stock was MAY 22 2001. Not saying they won't again, just saying it has been a long time. Additionally, We are starting to get the feeling that the Markets may see a wave of Stock Splits showing up the longer things persist as they have been.
Aside from that, Our personal feeling is that JNJ is a very solid company, worthy of a place in any Portfolio for the long haul.
That said; consideration also has to be made as to where ones in point was v. current price. Taking profit is never a bad thing. Although sometimes when one does and they look back later they wish they would have stood pat.
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The Virginian
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Post by The Virginian on Jul 24, 2013 15:58:52 GMT -5
Virginian, I own 110 shares of J&J. Wondering if you think there is a chance they might split in the near future. Being near their all time high, I am considering selling now, but if they did a split soon I would prefer to keep the stock for a few more years. That is certainly my hope but a trend for a lot of companies seems to be letting it ride ( Google, Amazon, Apple, IBM) But JNJ has done it in the past as DI pointed out and I am looking for them to do it again. I know they say that technically it doesn't increase stock value but I have noticed there is almost always a bump before the split and another good bump after the split and it seems to almost always be a permanent increase in value. I know that selling it seems like the right thing to do to lock in their stock gains but I'm not. I'm in this one for the long haul. JNJ has a lot of great products Back to the split. The average share price for the market is about $56. Most companies like to keep their shares at a reasonable price so the masses can afford the. My bet is on the Split so no way of knowing when or if though. I do try to search often looking for splits so I'm keeping an eye out.
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The Virginian
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Post by The Virginian on Aug 2, 2013 6:54:10 GMT -5
American states Water (AWR) to Split 2-1 effective Sept 4th !
Sorry I don't own this one I have AWK instead
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The Virginian
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Post by The Virginian on Sept 23, 2013 17:16:33 GMT -5
Chrysler doing an IPO - I'm Staying away !
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The Virginian
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Post by The Virginian on Apr 1, 2014 6:11:14 GMT -5
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Post by Deleted on Apr 1, 2014 8:54:46 GMT -5
They kept this one rather quiet. Also both of the resulting share classes will remain in the S&P 500 permanently, thus meaning the S&P 500 will actually have 501 Companies, rather than the 500 the name indicates.
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The Virginian
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Post by The Virginian on Apr 3, 2014 9:44:33 GMT -5
Maybe other Companies will now consider spitting their stocks - I have a bunch which I believe might be good candidates
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The Virginian
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Post by The Virginian on Apr 30, 2014 5:44:09 GMT -5
Maybe things are starting to rev up a bit in the Mergers and Splits area again ( GE / Altsrom) (Pfizer / Astra Zynica)
This is one area I love along with stock splits. Apple was big news but I don't own that ecept in a couple of ETFs - hard to see the results when its buried in a Fund !
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The Virginian
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Post by The Virginian on Apr 30, 2014 9:43:32 GMT -5
Okay - So maybe things are starting to move :
Energizer Holdings (ENR) ( Which I don't own) is splitting itself into two separate companies.
and
Pepco Holdings (POM) ( Which I do own) has agreed to be purchased by Exelon (EXC)
I like it when things are moving like this. I'm looking forward to the completion of all these deals ! And even more announcements !
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Post by Deleted on Apr 30, 2014 12:01:52 GMT -5
More Things To Look At. Thanks For The Info Virginian.
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The Virginian
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Post by The Virginian on May 1, 2014 5:50:24 GMT -5
AT&T (T) (Which I own) looking to aquire Direct TV (I don't own) for 40 Billion
It will be able to compete with Comcast.
Who's going to buy Cox TV ? - They should be next !
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The Virginian
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Post by The Virginian on May 1, 2014 8:36:34 GMT -5
Sprint still moving forward with T-mobile merger
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Post by Deleted on May 2, 2014 16:51:23 GMT -5
FFIN (First Financial Bankshares) announced on April 22nd that they are doing a 2/1 Stock Split. They also announced a $0.14 Per Share Quarterly Dividend X Date In June, Pay Date In July.
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Post by Deleted on May 3, 2014 16:16:57 GMT -5
Here are some upcoming splits that might be interesting
Company | Symbol | Market Cap. | Split | Split Date | | | | | | TREX Inc. | TREX | SMALL CAP | 2 For 1 | May 8th | | | | | | Dividends | Options | Last Earnings | P\E Multiple | BETA | | | | | | No | Yes | Beat | 38.89x | 2.00 | | | | | | Foreign Tax Credit | Country | IRS Form 1116 Eligible | | | | | | | | No | N\A | N\A | | | | | | | |
About TREX:
Trex Company, Inc. manufactures and distributes wood/plastic composite products, as well as related accessories, primarily for residential and commercial decking and railing applications. The majority of its products are manufactured in a process that combines waste wood fibers and reclaimed polyethylene (PE material). The Company offers a set of maintenance product offerings in the decking, railing, porch, fencing and trim categories. The Company markets its decking products under brand names, including Trex Transcend, Trex Accents and Trex Escapes. Its two railing products are Trex Transcend Railing and Trex Designer Series Railing. During the year ended December 31, 2011, the Company introduced Trex Transcend Porch Flooring and Railing System, which is an integrated system of porch components and accessories. During 2011, the Company offered two fencing products. On May 2, 2011, the Company completed the acquisition Iron Deck Corporation. ( Source: data.cnbc.com/quotes/TREX/tab/4 ) ( Website: www.trex.com/ )
Company | Symbol | Market Cap. | Split | Split Date | | | | | | Bar Harbor Bankshares | BHB | SMALL CAP | 3 For 2 | May 20th | | | | | | Dividends | Options | Last Earnings | P\E Multiple | BETA | | | | | | Yes | No | Beat | 11.06x | 0.60 | | | | | | Foreign Tax Credit | Country | IRS Form 1116 Eligible | | | | | | | | No | N\A | N\A | | | | | | | |
{ Website: www.bhbt.com/shareholder-relations }
Company | Symbol | Market Cap. | Split | Split Date | | | | | | Allied Worldwide | AWH | MID CAP | 3 For 1 | May 23rd | | | | | | Dividends | Options | Last Earnings | P\E Multiple | BETA | | | | | | Yes | Yes | Beat | 8.58x | 0.50 | | | | | | Foreign Tax Credit | Country | IRS Form 1116 Eligible | | | | | | | | Yes | Bermuda | Yes | | | | | | | |
About Allied Worldwide:
Allied World Assurance Company Holdings, AG (Allied World Switzerland), is a specialty insurance and reinsurance company that underwrites a diversified portfolio of property and casualty lines of business through offices located in Bermuda, Hong Kong, Ireland, Singapore, Switzerland, the United Kingdom and the United States. The Company has three business segments: U.S. insurance, international insurance and reinsurance. The U.S. insurance segment includes its direct insurance operations in the United States. The international insurance segment includes its direct insurance operations outside of the United States. The Company's reinsurance segment includes the reinsurance of property, general casualty, professional liability, specialty lines and property catastrophe coverages written by other insurance companies. ( Source: data.cnbc.com/quotes/AWH/tab/4 ) ( Website: www.awac.com/ircontent ) Company | Symbol | Market Cap. | Split | Split Date | | | | | | Torhmark Corp. | TMK | MID CAP | 3 For 2 | July 1st | | | | | | Dividends | Options | Last Earnings | P\E Multiple | BETA | | | | | | Yes | Yes | MET | 13.77x | 1.20 | | | | | | Foreign Tax Credit | Country | IRS Form 1116 Eligible | | | | | | | | No | N\A | N\A | | | | | | | |
About Torchmark:
Torchmark Corporation is an insurance holding company. The Company is financial services holding company whose affiliate Companies market life insurance and supplemental health insurance to middle-income Americans. The Company operates in life insurance, health insurance, and annuities segment. The Company's primary subsidiaries are American Income Life Insurance Company (American Income), Liberty National Life Insurance Company (Liberty), Globe Life And Accident Insurance Company (Globe), United American Insurance Company (United American), and Family Heritage Life Insurance Company of America (Family Heritage). ( Source: data.cnbc.com/quotes/TMK/tab/4 ) ( Website: www.torchmarkcorp.com/investment.html )
{DISCLAIMER: Author holds no shares or positions in any of the above mentioned Securities at the time of this posting.}
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 6, 2014 6:09:46 GMT -5
Merck to sell its consummer care business to bayer - Names like Coppertone .
I do not own either of these stocks.
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 7, 2014 8:15:15 GMT -5
Mondelez (Which I own) is merging with DE Master ! Another day another merger ! Things are hot once again and I have a feeling its just getting started !
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 9, 2014 5:57:58 GMT -5
Apple is buying Beats electronics You know - the maker of those $200 head phones I had to buy my children -
They (Beats) also have a streaming music servive. Many, including myself believe this shows that Apple is Dead and have no new products in the pipeline for the foreseeable future.
I don't think Apple is a long term play but more like a long term decline. Without innovation they become just another electronics company.
And - Everyone knows Fruits & Vegetables don't Mix well !
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
Joined: Dec 20, 2010 18:05:58 GMT -5
Posts: 3,629
Today's Mood: Cautiously Optimistic
Location: Somewhere between Virginia & Florida !
Favorite Drink: Something Wet & Cold
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Post by The Virginian on May 12, 2014 16:32:05 GMT -5
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