When markets tumble, the immediate cause is often baked into the cake years before. The structural (decades old) trouble with large, U.S. publicly traded companies is managements that care first, second, and third about boosting the stock price today: carpe diem, and so forth.
Visa Inc. (V), the biggest payments network, said fiscal second-quarter profit surged 47 percent as customer spending on credit and debit cards rose. Net income…
Kansas City Southern (KSU) is a nice little railroad company. The stock is up 40% the past six months.
The company is well run and is profitable. Some highlights from the bosses on the 2011 results:
“KCS’s solid fourth quarter put the final…
After Hours: AMAT 12.30 -0.17 (-1.36%)
After Hours: NTAP 38.27 -2.47 (-6.06%)
16:15 AMAT Applied Materials beats by $0.01, beats on revs; guides Q1 EPS, revs (midopint) below consensus (12.47 -0.17)
Reports Q4 (Oct) earnings of $0.21 per share, exclu…
Every CEO tells the same great white lie. It is at the heart of every communication. It is at the heart of every financial decision. It is, at it’s very base, the reason why you all are in the 99pct and they are in the 1pct. The Lie ?
Great CEO …
May 18, 2011
Note from dshort: Recent guest contributor Ed Easterling of has posted an updated report on his Crestmont Research website. I consider it “must” reading for anyone whose investment strategy is influenced by the direction of corporate e…
May 5, 2011
The recent series of articles by guest contributor Ed Easterling triggered a great deal of interest in the Crestmont P/E ratio. Accordingly I am adding the Crestmont data to my monthly market valuation posts. The articles were written s…