I have been watching this stock go up for months, and never have pulled the trigger. One of my biggest mistakes since deciding Apple was too expensive at 100. There never seems to be any real news, the company structure is hard to figure out. Today another 4% up!
It wasn't till later in the day I realized Yahoo finance was whacked. Oh well.
easy come easy go, I bought this back in the depths of the market gloom and doom, so its been one of my better investments. Now I just hold on and clip the coupon.
Anyone able to translate the 8k and yesterday's price action into English for the non finance majors? I have been watching this stock for four months and never pulled the trigger. Moistly because I cant understand its structure.
But it seems to trade up and down in the 88 to 99 dollar range.
can anyone explain this to me? How do you miss your cost estimates on a fixed price contract by 13 Million?
From press release-
The loss during the current quarter was primarily due to the recognition by the construction services segment of $13 million of costs in excess of revenues (pretax) associated with a large fixed-price pipe replacement contract. Due to the seasonal nature of the Company's businesses, results for quarterly periods are not generally indicative of earnings for a complete twelve-month period.
not a lot of encouraging reasons to hold this stock, other than the dividend.
Margin pressure, sales growth driven by inflation, business transformation delayed and the expense is increasing in 2013.
I held for a couple of years, but maybe time to lighten up after the next dividend. Probably can buy back in 2014 at the same levels.
Can anyone tell me what the IRS payments are all about?
Not a bad severance package if you ask me:
In order to ensure an orderly transition of duties and responsibilities, the Company and Mr. Singh entered into a Transition Agreement (the “Transition Agreement”) on May 1, 2012. Under the Transition Agreement, Mr. Singh has agreed to remain employed through December 31, 2012, and will be entitled to the following compensation and benefits, in addition to already vested rights and benefits: (i) a bonus equal to $540,000 for 2012, payable in 2013 at such time as the annual bonuses for 2012 are paid by the Company to its executive officers, but no later than March 15, 2013; (ii) $1,000,000 payable as part of the first normally scheduled payroll following the six month anniversary of his separation from the Company; (iii) $1,055,000 payable as part of the first normally scheduled payroll following the effective date of his required general release of claims; (iv) continued health and life benefits for twelve months following his separation; (v) outplacement services; (vi) reimbursement of limited legal expenses in connection with the Transition Agreement; and (vii) such other items as are described in the Transition Agreement.
All such compensation and benefits are conditioned upon Mr. Singh (1) not terminating his employment prior to August 15, 2012; (2) not being terminated for “cause” (as defined in the Transition Agreement) by the Company; and (3) executing and not revoking a general release of claims. Additionally, Mr. Singh will be required to forfeit and/or repay the cash portion of the compensation in the event he violates any of his non-compete, non-solicitation or confidential information covenants. Under the Transition Agreement, Mr. Singh also agreed to extend his non-solicitation of the Company’s employees to twenty-four months following his separation. The foregoing description of the Transition Agreement is qualified in its entirety by reference to its terms, which is filed herewith as Exhibit 10.1 and is incorporated herein by this reference.
I just realized my brokerage account never had any VAC, I have owned a few shares of Marriott for three years, can anyone tell me what the deal was? I admit to being lousy at tracking the details of my long term holds.
I assume I was supposed to get some shares of Vac credited to my account when the spinoff occurred.
Schwaab has this as one of its top ranked stocks in the industrial sector,
Looks thinly traded, lots of debt, but revenues growing, crazy mix of companies too.
Anyone offer an opinion, Spammers need not reply.
As a result, one lender, iStar Financial, repossessed the core of Westgate in September when a foreclosure auction attracted no bids. The 33-acre section includes the AMC movie theater, restaurants, shops and musically timed fountains.
A second lender, Credit Suisse, has scheduled an auction Nov. 3 for the remaining parcel, 95 acres of mostly parking lots slated for development.
Read more: http://www.azcentral.com/community/glendale/articles/2011/10/26/20111026glendale-westgate-foreclosures-new-track.html#ixzz1crSgbaJV
Stiock has been slaughtered, the 2nd qtr earnings look pretty good, although most gains due to FX rates. This thing seems to trade between 13 and 18.
Anyone have any thoughts. I have a small position that I have had since shortly after the IPO.
If I am reading the 10Q correctly, dividends are suspended for the rest of 2011, but expect to be reinstated in 2012?
Are these dividends considered deferred and will be paid in 2012, or are they just gone forever?