The idea that they would pay a dividend was a changing of the guard. |
The question now is what are you going to do with it. Many companies now have the rare opportunity to make long-term investments or return large values back to shareholders while still having sufficient cash left to grow and finance their business. |
The Street was surprised with the strength of the earnings in both quarters. |
There's some question of 'did the companies lowball the numbers?' |
These shares have not been retired. They sit in the corporate treasury, where, subject to regulator timing, they can be reissued at the discretion of the company. |
They're starting to spend some of the money, |
They've been getting a little bit better, |
Unlike pensions, which are regulated, OPEB has no legal requirement to create a trust entity to fund the current and future costs. Additionally, specific tax treatments and credits set up to encourage pension funding do not exist for OPEB funds. |
We believe this project will have a significant impact on evaluations, income and balance sheets, and will become the major issue in financial accounting over the next five years. |
We have already started to see some consumer resistance on high oil prices and this is obviously going to increase, and it will hurt consumer spending. |
When everyone has money, you get into a bidding war. |
While the magnitude is troublesome, the inability to compute and compare issue information is alarming. |
You don't want to pay for 13 percent growth when you're only getting 8 percent. |