You should own more than CSX stock to live on - diversify.
My largest holding is SO, which provides me with a 5+% dividend, but I bought it over 10 years ago, so you will not as much dividend today. Hold on to it and watch your income grow.
Not only that, the fund has not reported what stocks it holds in 6 months. There s no way of knowing if it still holds CPA, SEB or VMC.
There really is a large disconnect between the various divisions. What do the protein divisions of SEB have to do with the ocean going divisions? I spent 15 years in the chicken industry and saw how narrow the profit margins are and how frequently there was no profit at the end of the year. The pork division is not that large compared to the competition and it is also regional - you can not find it in stores down here in the south. If I were boss, I would find a chinese company that would give me a good price for both the pork and turkey divisions and continue on with the .other divisions.
My wish for 2015 is that it will buy back some of its bonds. CSX has he highest Debt to Equity ratio of all the Class 1 railroads and most other corporations. Their earnings are more than sufficient to pay its interest payments, it is just that its current status is something of a stigma.
And the Breskys own controlling stock in SEB. I have followed this stock for about 10 years, bought at about $800, tripled my investment and got out. The company treats shareholders with an indifference that I have never seen in any other company. This is a stock that has little future; one of these days it is just going to go private, not with a bang, but with a whimper.
There is a free history of Cuba available on Amazon that can be downloaded to a Kindle or a PC and use Amazon's software to read it. I suggest that if you have not read a history of Cuba that you do NOT invest in this ETF, you are leaving yourself open to failure.
I was a Cuba watcher in an Air Force intelligence unit during during the Kennedy and Johnson administrations.
"Prospects for Biggest Container Ships at Eastern Canadian Super Port:"
"Maher Melford Terminal is developing a 315-acre container terminal and intermodal rail facility on Canada’s east coast. The privately-owned terminal will be located on a 14,000 acre industrial reserve on the Strait of Canso, Nova Scotia. "
"Maersk Maritime is renowned for improving productivity in intercontinental freight transportation. While their e-class and triple-e ships are aimed at serving the Asia-Europe route via the Suez Canal, no North American port can presently berth and service Maersk’s triple-e ships. However, hints are emerging from Eastern Canada that Melford’s proposed terminal planned for 62º W in the Strait of Canso may be able to accommodate and service both the e-class and the bigger triple-e class ships. Should this happen, Melford-Canso super port may become the only North American east coast port to serve the triple-e class at full load."
"Melford-Canso super port could evolve into a future super-ship gateway or hub for multiple North American east coast and inland ports. It may also serve as a port-of-call for super ships sailing between another east coast port and either European or Asian ports, that is, after another American Atlantic port is suitably modified to berth and service the triple-e ships. Until such time, Melford terminal may evolve into the sole container transfer point where cranes would provide vessel-to-vessel container transfers between triple-e ships and smaller vessels that connect to other older east coast American ports."
Fidel is/was a hard-liner. Raul is still running a repressive regime,I would do the same if I were running Cuba. How many revolts were there in the 20th century? If there were 5 , if I remember correctly and you count the University of Havana's student revolution and the Castro revolution as 2 separate revolts; and that was just between the Spanish American war and 1958.
If China has so embraced Capitalism, why did Jack Ma set up Alibaba as a corporation in the West Indies?
I guess you never read the book "Animal Farm" where the pigs wrote on the barn:
"All animals are equal, but some are more equal than others".
The wealth trickle down to the common man? It is not happening in China and Russia.
I have just been reading in the International Rail Journal how Cuba has been upgrading its seaport in Mariel - it should be able to handle 1 million containers a year. It seems that they have been refurbishing the rail line that runs the length of the island. Read about it in Wikipedia.
CALGARY , Dec. 22, 2014 /CNW/ - E. Hunter Harrison , Chief Executive Officer of Canadian Pacific (CP), has been named 2015 Railroader of the Year by railroad industry trade journal Railway Age.
" Hunter Harrison , regarded as one of the best all-time operating executives in railroading, came out of retirement to lead a remarkable turnaround at CP, which up to that point had been lagging well behind its six North American Class I contemporaries in performance," said Railway Age Editor-in-Chief William C. Vantuono . "Under his highly disciplined, focused leadership, CP has produced record revenues and earnings, a record-low operating ratio, and the stock price has more than tripled. The railroad, with aggressive long-term growth prospects, has become one of Wall Street's most favored investments in the rail sector."
"I am honored and humbled by the award as it is a reflection of the remarkable team at CP and the transformation we have undergone," said Mr. Harrison. "The railroaders of CP are the reason for our success and, while our focus on growth and cost control continues, it's important to pause and recognize that this award is as much theirs as it is mine."
This is the second time he has been so-honored; the first time was in 2002, when he was chief operating officer of the then-recently combined Canadian National/Illinois Central system. .
How? The government owns all the stores and could set up great roadblocks to outsiders preventing the opening of stores. Besides, wages are so low (IIRC $20 a month for a doctor) that there is little disposable income.
One company that I helped set up made shampoo and sold some to a distributor in Jamaica. The problem was that Jamaica would not allow our company to take payment in cash, we had to payment in goods. We finally had to take payment in rum. How much Cuban rum could this country use?
Have you checked the per capita government debt since Obama took office? It is shooting up! Money in this country can be invested in companies or bank accounts or government debt.
If it is in bank accounts, there is money for mortgages - housing grows. .
If it is in companies stocks or bonds there is money for new equipment or goods to sold for Christmas, etc. People start new companies to provide new goods or services.
If it is in government bonds it does not provide goods or services and business does not grow. People rely more and more on the government to do things for them.