Stock buybacks are a tool of mgt to increase their bonus package, if you can't increase numerator, reduce the denominator. Put a monkey in as CEO if thats what you want to do. A large dividend increase is just plain insane. What CLF's mgt needs to do is trim the fat and get leaner. Divest the low/no profit operations and use the proceeds to pay down debt or make improvements to operations that make the company more efficient. Casablanca is just looking to tear apart CLF for a quick profit, they're #$%$.
LINE's history is overpaying for properties so I would assume they would sell this property for less than its worth but make it sound like the deal of the century.
WW2's genesis was the depression, caused by Republicans. WWI's genesis was entirely European and we had no business getting involved, it was the mass overthrow of all the old European Aristocratic families.
Don't forget its business people that relocated all the American jobs overseas for cheaper labor. Its business people that overleveraged the markets leading to the meltdown in 2008. Its business people that never saw a tax they didn't hate regardless of the benefit that flows from the tax. Its business people that have the philosophy of "I've got mine, screw everyone else".
All the social progress of the last 100 years has been at the hands of the Democrats and over the objections of the Republicans. The Republican legacy is delivering two depressions (1929 and 2008) and denying any responsibility for them. But your fortune cookie sentiment is your right as an American.
This from ROYT:
"Pacific Coast Oil Trust announced that it had received from Pacific Coast Energy Company, or PCEC, a 2014 operations and permitting update, a summary of Pacific Coast Energy Company's 2014 capital program and an oil price sensitivity analysis for the trust’s 2014 distributions per unit. PCEC has informed the trust that its 2014 capital program will total approximately $21.7M. This total includes investments of approximately $8.8M in developed properties. The trust said it expects Q2 distribution per unit to be 31c-35c, Q3 distribution per unit to be 29c-33c, and Q4 distribution per unit to be 28c-32c. The company said it will continue ongoing development of the conventional resources in the Orcutt Field and the Los Angeles Basin as planned, and that development of the Orcutt diatomite formation remains on track. During the remainder of 2014 the company said it will continue to pursue Santa Barbara County Planning Commission approval for the Orcutt Hill Resource Enhancement Plan, which calls for the addition of 96 diatomite wells to its current inventory of 78 active diatomite wells, and it currently expects a final hearing on approval of this phase of the plan in late 2014 or early 2015. "
Q4 2014 guidance places the dividend yield at 8.5% at current stock price. ROYT is certainly not undervalued at these levels.
Misinterpretation of the facts, rearranged timeline, inaccuracies in statement of fact. Never was SEC investigation, it was an informal inquiry. There were no fraudulent inaccuracies. There was no revision to past accounting reports. On every point you're wrong. Why ? What's your agenda ?
Talk about shutting the barn door after the horse is gone . . .This downgrade would have made sense a year ago but today it sounds more like an upgrade. Analysts are so clueless. Wet behind the ears, just out of business school, trying to impress their boss or cover their As_.
It has to do with all the "ads" that load. If one of the ads is not there, problem. If one of the ads has a scripting error, problem. If one of the ads has an invalid certificate, problem, etc. You get the idea. Yahoo gets paid per click so they really don't care. Yahoo used to have a link to contact their customer service but they removed the link, that tells you everything.
Not going to happen. Coverage was 1.19 for 4th qtr and should be 1.24 for 1st qtr. The numbers are there, just do the math. Whats going on has nothing to do with fundamentals.
Just got it in the mail, Company to award Mark Ellis 177,000 shares for doing such a good job last year. Imagine how many shares he would have gotten if he actually did a good job ?
Its investors in JPM mutual funds and ETF's that own these shares, not JPM. JPM is just the "holder of record" for these mutual funds and ETF's. If individuals sell their shares in one of the mutual funds or ETF's, JPM will sell Linn shares or another company in that ETF. If individuals buy shares in one of the mutual funds or ETF's, JPM will buy shares of Linn or another company in that ETF or Mutual fund. There is a fire wall between the analysts and the fund managers, to prevent the "grand conspiracy" that everyone talks about.