buylikebuffett / Tip'd
General Electric (GE) is cutting its dividend from $1.24 per share to .40 per share. GE is cutting its dividend 68% after numerous comments from GE a[...]
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Day after day CNBC hosts cry about free market capitalism, lower taxes and corporate bonuses. From Larry Kudlow to Dennis Kneale to Michelle Caruso C[...]
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JPMorgan Chase (JPM) cuts its annual dividend from $1.52 to 20 cents per share today. JPMorgan is preparing for a longer recession and double digit u[...]
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In response to Denny’s free grand slam promotion, IHOP has announced its own free promotion. IHOP will be giving away a short stack of buttermilk pan[...]
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Posted by
buylikebuffett
274 days ago, popular 274 days ago
(http://buylikebuffett.com)
Category: Stocks |
Bank of America (BAC) dropped to the $2.50 level today and has a market cap below 15 billion. There is much speculation that the bank will be taken over by the government and nationalized. If Bank of America is nationalized stockholders
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Day after day there are reports of mounting losses in the commercial banking industry. Banks are losing money in mortgage lending, auto loans and their credit card portfolio. Many of the major banks have been deemed to be virtually insolvent and
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Crude oil prices have fallen to new lows for this year. So you’d think gas prices would sink right along with them.Not so.
On Thursday, for example
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On Thursday, for example
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It appears that something good will come out of the Congressional hearing that the House of Representatives held with bank executives. JP Morgan Chase is joining Citigroup as one of the few “superbanks” that are halting foreclosures temporarily.
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Posted by
happinessisbetter
282 days ago, popular 281 days ago
(http://www.yieldingwealth.com)
Category: Personal Finance |
With a compromise in the works for the economic stimulus bill, I have decided to reflect on one of the biggest lessons learned during this recession:
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Dow Chemical finally cut its dividend for the first time in almost 100 years. Dow is cutting it dividend by 64% from 1.68 cents to 60 cents. This is a good first step to improving the company’s cash position but the dividend cut may not be enough.
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The Senate and the House work on compromise -- likely getting rid of some measures that would actually stimulate the economy.
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According to an article in the Associated Press postage stamps are set to rise again this May. US Postage Stamps will increase from their current price of 42 cents
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Posted by
deborah
284 days ago, popular 283 days ago
(http://mainstreet.com)
Category: Personal Finance |
If you’ve been socked with one of those pesky overdraft fees on your Bank of America account over the last few years, you might be getting some cash back under a proposed settlement.
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One of the biggest challenges facing the American economy is that we lack a domestic manufacturing base. Simply put we do not produce anything anymore. We buy tons of foreign goods and then wonder why we are lacking jobs. We import most of our goods
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Great article from Fortune Magazine by Carol Loomis.
Is it time to buy U.S. stocks?
According to both this 85-year chart and famed investor Warren Buffett, it just might be.
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Is it time to buy U.S. stocks?
According to both this 85-year chart and famed investor Warren Buffett, it just might be.
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