Zack's as usual is wrong. The $1.3 to $1.4 billion dollar figure INCLUDES a $700 million special dividend already paid in 2012 as part of the pending REIT conversion. IRM will give a special dividend of $600 to $700 million dollars later this year to complete the REIT conversion process begun in 2012. This is expected to be 80% stock & 20% cash, with the cash a help for shareholders to pay the tax on this dividend which WILL be taxable.
So the special dividend will be $3 to $4 a share. It WILL be taxable & it WILL reduce the price of IRM on the x-date by whatever amount it turns out to be. For more information, see Seeking Alpha articles, "Significant Dividend Income Opportunity Remains In Iron Mountain After IRS REIT Conversion Approval" & "Update: Iron Mountain Inc. Form 8-K Filing."
About 8 AM: "Pre market up! 9.68"
12.58 PM BBRY DOWN $.18 for a LOSS of 1.85%
Again proof positive, if proof is any longer necessary, that Rimmbeciles NEVER learn.
"The tax implications of selling mean that long term holders would take a massive hit so the unit price was/is meaningless.... younger investors will learn this lesson as they become addicted to the revenue stream and it will be that revenue to partners that they will want to see grow at a fast pace along with the units "
Only a moron like you would be talking about selling ANY high quality MLP---and EPD is of the highest quality!
You're always belly aching about the "low" distribution growth, why don't you sell out and leave the rest of us who have a grasp of the greatness of an EPD investment, in peace?
"Maybe you make more money trading in and out for a few cents, but I am looking at Blackberry for Apple like returns over a longer horizon."
You won't live long enough for BBRY to produce, "AAPL like Returns." Nobody will, 'cause at BEST BBRY is sold/broken up for parts in the $12-18 range.
King Freddy I of Rimmbecillia don't grasp the lack of profit in sub $100 phones.
Of course, like all MENSA Rimmbeciles, he don't need no stink in' profit.
BlackBerry in a net gain position. Ford switches 6,000 employees to iPhone while the German ministry buys 20,000 BlackBerry devices."
Apple iPhone sales (their) 3rd quarter ended 6/30/14 were 35 MILLION units.
BBRY phone sales for ALL of 2014 will be 10 million, MAYBE.
Apple reports iPhone (and iPad and computer and services) sales in MINUTE detail every quarter AND provides guidance for following quarter.
BBRY provides VIRTUALLY NOTHING and no guidance.
Hmm, which is the successful company, BBRY or AAPL?
After your MANY years on this board you can STILL ask a QUESTION that contains the words, "are rimmtards that stupid?"
Question SHOULD be, "are YOU that stupid to ask that sort of a question?"
Talking nonsense apparently can't tell the difference between discussing BBRY's pluses and minuses as contained in the SA article and bashing.
Why am I not surprised?
PS Thanks for the compliment, "The shorts and competitors are calling back heavy guns in the paid bashing industry" talking nonsense I'll use it at my annual review to increase my post pay.
Article titled, "Why Apple Will Never Buy BlackBerry" gives an interesting viewpoint whether you agree with it or not. All information is useful when investing your hard-earned dollars, not just that which happens to coincide with your preconceived beliefs.
Anyhoo, read the article, I would be interested in what you think---pro or con.
Shades of the Mighty Thor!
Rimmbeciles sure turn on management quickly. It wasn't too long ago that the Mighty Chenster was the second coming who would shortly kill Apple & return BBRY ti the top of the heap.
Now the peasants of Rimmbecile want his head for simply speaking the truth,
"but your statcounter and real estate pumps were real?"
You're being unfair to the MENSA Rimmbecile. Statcounter was perfect in its assessment of BBRY sales/market share & BBRY got ALMOST 4 billion dollars for its Real Estate, didn't it.
Statcounter was with allowable Rimmbecile error of 1,000 to 2,000 per cent. And the Real Estate brought 3.75 Billion Rimm bucks, of course that's only 300+ million in REAL money.