From the monthly archives:
This past week, my Money & Markets column was devoted to identity theft, and ways to protect yourself from it. I noted that thieves could do a lot of different things with your information, including renting apartments.
And now, this story from CNN really brings home my point. As it notes:
“The Federal Trade Commission reported that [...]
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I just wanted to post a quick follow-up note to my Money & Markets column this past week …
Today, GE said the finance unit will turn a profit in the first quarter of 2009. While this doesn’t prove that that the company is out of the woods, it does bring home my point that investors have [...]
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We had a bunch of free JetBlue tickets available, so my wife and I decided to use them all in one shot with a family trip to Puerto Rico. Because we took Vela (our 21-month-old daughter) as well as my mother, we had to find a place that could accomodate everyone.
Luckily, I found a great deal on an oceanfront condo that was [...]
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After U.S. Bancorp’s recent dividend cut, Wells Fargo (WFC: 27.12 -0.17 -0.62%) was the last major financial dividend payer left standing … until today. The company said it is slashing its payment by 85% from $0.34 to $0.05 a share. All told, the company expects to save $5 billion a year.
Wells Fargo, as you might [...]
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According to a recent survey by the Employee Benefit Research Institute, a whopping 40% of people between 56 and 65 had more than 70% of their 401(k)s invested in stocks at the beginning of 2008. Even more shocking: Almost 25% had 90% or more in stocks!
Wow. Given the market’s dismal performance last year, and so [...]
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In the latest issue of Dividend Superstars I said a second-half GE dividend cut was possible. Well, it came sooner than expected.
The shares are now paying an annual dividend of $0.40 from the previous $1.24 a share. That, desptite previous reassurances from CEO Jeffrey Immelt.
It’s starting to feel like Groundhog Day … another day, and another so-called [...]
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I apologize for the late update on this event. I was travelling and away from an Internet connection for the last few days.
Integrys shares have fallen sharply for two related reasons:
First, the company posted quartlery earnings of $0.33 vs. $1.11 and is now forecasting substantially lower earnings for the current year (a range of $2.51-$2.66 vs. [...]
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