Earnings
IBM must really hate the idea of paying a big dividend. Every year, it seems, IBM authorizes billions of more dollars for share buybacks while increasing its dividend by the smallest amount possible. Then, the company goes on to crow about how it has returned "… over $109 billion since 2008 to our shareholders through [...]
Most analysts had expected a big quarter for Apple, propelled by big holiday sales numbers. They were right; they just didn’t go high enough with their estimates. Apple reported revenue of $26.7 billion for its first-quarter which ended on December 25th. (The company uses a fiscal year for its earnings and reporting.) That’s earnings of [...]
IBM reported its 2010 third-quarter earnings today. The company reported earnings per share of $2.82 which is up 18 percent. The company did not announce any increase in the dividend paid per share, although that was not unexpected. The company continues to use share buybacks as the primary method to "return money to shareholders." The [...]
IBM released their quarterly earnings. As is customary, the company announced various financial numbers like how much it earned per share and how much revenue it generated for the quarter, and so on. As is customary for IBM, the company also announced yet another giant share repurchase using shareholder money to buyback IBM shares of [...]
Continue reading about Are Share Buybacks Really Good For Shareholders?
Is the recent rally real? Is this the stock market bottom? Has the recession ended? This week will provide important clues.
Continue reading about Important Week for Stock Market Coming Up
Wells Fargo announced that it is projecting profits instead of doom. Let’s hope it’s a trend.
Continue reading about Wells Fargo Proves Good Banks Can Make Money
Putting a little bit of a damper on all the recession talk, [tag]Wal-Mart[/tag] reported good 4th quarter earnings after refocusing on low prices during the Christmas shopping season. Wal-Mart in particular is a well regarded barometer regarding the economy because of its ubiquitous nature and lowest common denominator demographic. The theory basically is that during [...]