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Jan 24, 2012
01/12
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KQED
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coal shipments in the fourth quarter very important as coal is almost 25% of the overall business at csx. finally, there can be some initial excitement when a company announce a strategic review. could be ready for a buyout, maybe a spin-off but for a while the technology patent firm interdigital ended its strategic review deciding to remain independent. ahead of that news, the stock fell 3% and fell another 16% in after-hours action. that puts the stock below $38 per share, below where it was trading in july when it announced its strategic review. and that's tonight's "market focus." >> tom: if there's one strategy stock investors have been flocking to for more than a year, it's a payback strategy. that brings us to tonight's word on the street, "dividends." david peltier is a portfolio manager at thestreet.com. david, always nice to see you, welcome back. >> thanks for having me, tom. >> tom: with interest rates at historic low, the federal reserve meeting this week, does the dividend stock craze run the risk of hurting investors it's so popular? >> i'm going to take other side of that
coal shipments in the fourth quarter very important as coal is almost 25% of the overall business at csx. finally, there can be some initial excitement when a company announce a strategic review. could be ready for a buyout, maybe a spin-off but for a while the technology patent firm interdigital ended its strategic review deciding to remain independent. ahead of that news, the stock fell 3% and fell another 16% in after-hours action. that puts the stock below $38 per share, below where it was...
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Jan 24, 2012
01/12
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WETA
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railroad stocks saw some selling, thanks to disappointing results from kansas southern and csx. shares of those two fell almost 8% and 3% today, respectively. after the close tonight, norfolk southern turned in better than expected profits, but shares were down another 3% from this closing number. and that's tonight's "market focus". >> tom: even though the stock market is close to six-month highs, many investors continue avoiding stocks. last year, while stock exchange traded funds attracted $39 billion, investors pulled $121 billion out of stock mutual funds. we spoke with charles biderman, c.e.o. at trim tabs, which tracks money going into and out of stocks, and began by asking him about investor confidence. >> the retail investor is scared that individuals have been selling for four years. hedge funds have had net reductions for fours years. there have been only two sources of money for the stock market. the u.s. government has been printing $100 billion a month of new money and some of that is finding its way into stocks, and companies have a huge amount of cash on their ba
railroad stocks saw some selling, thanks to disappointing results from kansas southern and csx. shares of those two fell almost 8% and 3% today, respectively. after the close tonight, norfolk southern turned in better than expected profits, but shares were down another 3% from this closing number. and that's tonight's "market focus". >> tom: even though the stock market is close to six-month highs, many investors continue avoiding stocks. last year, while stock exchange traded...
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Jan 2, 2012
01/12
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MSNBCW
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town of carlisle where main street conjures images of a by gone era and besides the daily passing of a csx freight car this town might be forgotten. just a couple mines down u.s. 41 is evidence that carlisle is hardly forgotten. >> it's out in the middle of nowhere. what going on out here? prison. >> surrounded by little else but big skies, the wabash valley correctional facility houses more than 2,000 convicted felons, including some of the highest security prisoners in the state. it's a fortress morning farms. >> we have a total of seven towers blanketing the facility including one tower in the center of the south yard. we have two sets of fences around the facility. the inner fence is a nonlethal stun fence. the inside fence is a 14 foot fence covered with razor ribbon. shaker alarm on the motion detector. we think the perimeter is secure for us. >> security is tight inside the perimeter as well. especially in the secured confinement unit which houses the prison's most violent and disruptive inmates. internal affairs investigators frank littlejohn has been called to the unit to determin
town of carlisle where main street conjures images of a by gone era and besides the daily passing of a csx freight car this town might be forgotten. just a couple mines down u.s. 41 is evidence that carlisle is hardly forgotten. >> it's out in the middle of nowhere. what going on out here? prison. >> surrounded by little else but big skies, the wabash valley correctional facility houses more than 2,000 convicted felons, including some of the highest security prisoners in the state....
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Jan 23, 2012
01/12
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WTTG
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csx and ti giving us reports today. of sears and kmart, sears holding, that stock was up 50% last week of a lot of speculation they may be going private. a lot of people have been shorting it. they had to cofort positions which just added into the gain and some folks thinking they may have to pay a premium if this did go private. all of that sent the shares higher. so a couple of stocks to watch today and then we'll be picking autopsy as we head into the won't week with a lot more earnings ahead. >> out of time this morning but thank you so much. we'll check in with you tomorrow. >>> we continue to keep a cleese eye on some icy and foggy conditions this morning. you can see the fog out there this morning. hanging around out there. tucker talking about a little bit of freezing rain in the atmosphere creating some issues. federal government offices are not opening until 11:00 a.m. today. for a complete list of closings and delays, check the bottom of your screen or head to myfoxdc.com. >>> also ahead, ravens fans had hope
csx and ti giving us reports today. of sears and kmart, sears holding, that stock was up 50% last week of a lot of speculation they may be going private. a lot of people have been shorting it. they had to cofort positions which just added into the gain and some folks thinking they may have to pay a premium if this did go private. all of that sent the shares higher. so a couple of stocks to watch today and then we'll be picking autopsy as we head into the won't week with a lot more earnings...