BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[BB&T reveals plans to repay TARP funds]]>http://www.bloggingstocks.com/2009/05/11/bbandt-reveals-plans-to-repay-tarp-funds/http://www.bloggingstocks.com/2009/05/11/bbandt-reveals-plans-to-repay-tarp-funds/http://www.bloggingstocks.com/2009/05/11/bbandt-reveals-plans-to-repay-tarp-funds/#commentsFiled under:

Earlier this morning, BB&T (NYSE: BBT) announced that it will cut the size of its dividend as part of its plan to repay all stock and warrants that were invested in the company through TARP. BBT said that a 15-cent dividend will be paid on common stock in the third quarter -- 68% lower than the company's current 47-cent dividend.

BBT declare: "In addition to our current earnings, while superior to our peers, are not likely to justify our 47-cent dividend in the near term." The company said that the board decided to make the dividend cut thanks to "the risk and uncertainty associated with being a TARP participant." This reduced dividend will be paid on August 3 to shareholders of record as of July 10.

Continue reading BB&T reveals plans to repay TARP funds

BB&T reveals plans to repay TARP funds originally appeared on BloggingStocks on Mon, 11 May 2009 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt repaymentDebtRepaymentdividenddividend cutDividendCutinthenewsstock offeringStockOfferingTARPTARP repaymentTarpRepaymentMon, 11 May 2009 08:30:00 EST<![CDATA[GE's 10-cent dividend a big mistake]]>http://www.bloggingstocks.com/2009/03/03/ges-10-cent-dividend-a-big-mistake/http://www.bloggingstocks.com/2009/03/03/ges-10-cent-dividend-a-big-mistake/http://www.bloggingstocks.com/2009/03/03/ges-10-cent-dividend-a-big-mistake/#commentsFiled under: , , , ,

I've been doing a fair amount of chest puffing lately, as many of my moves suggested here and elsewhere have paid huge dividends for investors. Today, I want to highlight one of my mistakes: General Electric Company (NYSE: GE).

Someone is going to own one heck of an asset when this all shakes out. Unfortunately for GE shareholders, there is a very real risk that you will be on the outside looking in when all is said and done.

Each day the odds are growing that bondholders or the government will end up owning the equity in GE. Given the long-term future of the company, those two parties will be quite pleased.

Continue reading GE's 10-cent dividend a big mistake

GE's 10-cent dividend a big mistake originally appeared on BloggingStocks on Tue, 03 Mar 2009 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dividenddividend cutDividendCutfeaturedgegeneral electricGeneralElectriclouis navelliers portfoliograder proLouisNavelliersPortfoliograderProportfolio graderportfolio grader proPortfolioGraderPortfolioGraderProTue, 03 Mar 2009 08:40:00 EST<![CDATA[CBS continues its slide]]>http://www.bloggingstocks.com/2009/02/20/cbs-continues-its-slide/http://www.bloggingstocks.com/2009/02/20/cbs-continues-its-slide/http://www.bloggingstocks.com/2009/02/20/cbs-continues-its-slide/#commentsFiled under: ,

After reaching a historic high in the mid-$30s in June 2007, CBS Corporation (NYSE: CBS) has seen its fortunes fall in a continuous slide. It's now trading for less than $5 per share.

After reporting reduced revenues for the fourth quarter of 2008, CBS is taking significant steps to conserve capital and strengthen its balance sheet.

The company reported a drop in revenue of 6%, which would have been even greater but for the contribution of recent acquisitions.

Television and radio ad sales were weak, and the Outdoor advertising unit had a 15% drop in revenue. While Outdoor was negatively impacted by foreign exchange rate changes as the U.S. dollar strengthened, excluding currency, revenues for this unit were still down a disappointing 8%.

Continue reading CBS continues its slide

CBS continues its slide originally appeared on BloggingStocks on Fri, 20 Feb 2009 12:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBSdividenddividend cutDividendCutdlugoschLouisNavellierPortfolioGraderProFri, 20 Feb 2009 12:15:00 EST