The GEO Group, Inc. Message Board

be sure to vote your proxy.

Exelon is engaged in energy generation and delivery, operating 19,000 megawatts of nuclear energy capacity in the United States and a total of 35,000 megawatts. The company currently pays a quarterly dividend of $0.525 but has recently announced a 41% cut beginning in the second quarter of this year. Based on the old dividend the yield sat at 6.3%, but with the cut the yield has dropped to about 3.7%.

Can the company support this new, lower dividend or is another cut imminent? 2012 was a particularly bad year in terms of both net income and free cash flow. Net income fell to $1.16 billion, down from $2.495 billion in 2011 and the lowest value since 2005. Free cash flow plummeted to just $321 million. Using the new dividend this puts the payout ratio with respect to net income at 87% and well over 100% with respect to free cash flow.

Now, 2012 may be an anomaly and profits may rise back to previous levels. But if this takes a few years then the new dividend may need to be cut again. Exelon has a tremendous amount of debt, over $19 billion, and significant pension liabilities as well. The company paid nearly $1 billion in interest in 2012, and this number has risen from $832 million in 2008. There's far too much uncertainty going forward to consider this company, especially considering the dividend yield after the cut takes effect isn't even all that high. I'd avoid this one until profitability improves and the dividend is better supported.

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Mondays and Tuesdays are peak times for job hunting.

http://www.businessweek.com/articles/2013-03-19/your-employees-are-probably-job-hunting-right-now#r=read

Russia the savior of Europe and China the savior of the US.

http://www.cnbc.com/id/100571290

http://www.usatoday.com/story/news/world/2013/03/20/south-korean-computer-crash/2001873/

$106 billion and $137 billion from VZ what would be the Special dividend?

Western Canada is producing more crude oil than it knows what to do with. So guess where Eastern Canada is going to get crude oil from this summer? By ship from Texas.

http://www.businessweek.com/articles/2013-03-15/canada-wonders-why-crude-oil-is-coming-from-texas#r=most popular

The Obama administrations wants to keep shipping oil on Warren Buffett's rail road.

http://www.bloomberg.com/news/2013-03-15/keystone-pipeline-would-reroute-around-obama-under-house-bill.html

Just how did Fannie and Freddie do on their stress test?

Just another fee that will only be passed on to the American taxpayers.

http://finance.yahoo.com/news/employers-blast-fees-health-law-030400728.html

Governors in Michigan, Pennsylvania, Maryland and Vermont have proposed raising fuel taxes, and the New Hampshire legislature will hold a hearing on Thursday on a bill that would phase in a 15-cent-per-gallon increase.

http://www.cnbc.com/id/100553754

Fannie Mae says it felt so good the first time, they say lets do it again....

http://finance.yahoo.com/news/no-money-no-worries-home-142247297.html;_ylt=AhafltYy7otx7msgmhJLw.KiuYdG;_ylu=X3oDMTQ4N2VoMmsyBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwMwYmU0MGE3OS1kMTFmLTMyZWQtYWZiZC1iMDVhZTIyOWMyYjEEcG9zAzMEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM0NjQ3NGVmMC04YmViLTExZTItYmNiNy0wYTRiZjcyZjIzOWQ-;_ylg=X3oDMTIwNjVsc3ZuBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QDVGVzdF9BRkM-;_ylv=3

Illinois neither admitted nor denied the charges and was not ordered to pay a penalty. It agreed to change its practices to more fully disclose risks to bond investors, the SEC said Monday.

http://www.cnbc.com/id/100544871

Just another whole group getting away with fraud and paying off the SEC so they do not go to jail. TOO BIG TO JAIL.

Illinois, which has the worst-funded state pension system in the United States, agreed on Monday to settle federal civil securities fraud charges alleging it repeatedly misled municipal bond investors about the underfunding of its pensions,

http://www.cnbc.com/id/100544871

Just another whole group getting away with fraud and paying off the SEC so they do not go to jail. TOO BIG TO JAIL.

http://www.cnbc.com/id/100544871

Fidelity Investments, the largest U.S. provider of workplace retirement plans, is facing more accusations that it improperly uses customer money earned in overnight accounts to pay its own operating expenses.

http://www.reuters.com/article/2013/03/07/funds-fidelity-lawsuit-idUSL1N0BZK5C20130307

The $6.3 billion increase was almost entirely the result of a sudden spike in oil imports.

http://www.businessweek.com/articles/2013-03-07/the-strange-surge-in-u-dot-s-dot-oil-imports#r=hpt-ls

Will the Senate just put the bill on the huge stack of bills already gathering dust in the senate?

http://finance.yahoo.com/news/efforts-avoid-govt-shutdown-move-081647032.html;_ylt=AjkZ.gikHw7E5I1CBGcm4aGiuYdG;_ylu=X3oDMTNybDNhdmdmBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDOTg4NDk4NWYtYWJiMC0zYWM1LTk5YTMtODM1NjhmOTVkMTMzBHBvcwMzBHNlYwN0b3Bfc3RvcnkEdmVyA2QzMjE1MGYzLTg3MjItMTFlMi1iYmZkLThhZTJjNWFkMzE1Ng--;_ylg=X3oDMTIwNjVsc3ZuBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QDVGVzdF9BRkM-;_ylv=3