Money and Finance
Last week International Business Machines reported their quarterly earnings. While they ended up beating on EPS by $0.03, the top line growth in revenue fell short by about $1 billion. Mr. Market did not like this one bit and the share price dropped over 6.50%. For me this was just a chance to pick up some more shares and average down my cost basis. The lower share price fits right into IBM's management's plan to continually provide shareholder value both through rising dividends and share buybacks.
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- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
This afternoon I purchased 20 shares of Norfolk Southern Corporation (NSC) for $65.14 per share for my Roth IRA. My total cost basis after commission is $1310.75 or $65.54 per share. NSC has increased their dividend twice this year which is a good sign...
- Recent Buy
This afternoon I bought 40 shares of Harris Corporation (HRS) for $47.05 per share. After commission my cost basis is $47.25 per share with a YOC of 3.13%. I missed my limit order yesterday by $0.01 which is very annoying. Luckily it wasn't...
- Conocophillips (cop) Dividend Announced
On May 9th, the board of directors at COP announced the next installment of their quarterly dividend. As promised before the spinoff, the quarterly dividend rate has stayed the same at $0.66 per share. The dividend will be payable on June 1st for shareholders...
- Conocophillips Spinoff
Yesterday the ConocoPhillips spinoff into two companies went through. Phillips 66 (PSX) was spunoff from the parent company of Conoco (COP) to create value for shareholders. Phillips 66 is now comprised of the refining and pipeline business while Conoco...
Money and Finance
Recent Buy
Last week International Business Machines reported their quarterly earnings. While they ended up beating on EPS by $0.03, the top line growth in revenue fell short by about $1 billion. Mr. Market did not like this one bit and the share price dropped over 6.50%. For me this was just a chance to pick up some more shares and average down my cost basis. The lower share price fits right into IBM's management's plan to continually provide shareholder value both through rising dividends and share buybacks.
Read more »
- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
This afternoon I purchased 20 shares of Norfolk Southern Corporation (NSC) for $65.14 per share for my Roth IRA. My total cost basis after commission is $1310.75 or $65.54 per share. NSC has increased their dividend twice this year which is a good sign...
- Recent Buy
This afternoon I bought 40 shares of Harris Corporation (HRS) for $47.05 per share. After commission my cost basis is $47.25 per share with a YOC of 3.13%. I missed my limit order yesterday by $0.01 which is very annoying. Luckily it wasn't...
- Conocophillips (cop) Dividend Announced
On May 9th, the board of directors at COP announced the next installment of their quarterly dividend. As promised before the spinoff, the quarterly dividend rate has stayed the same at $0.66 per share. The dividend will be payable on June 1st for shareholders...
- Conocophillips Spinoff
Yesterday the ConocoPhillips spinoff into two companies went through. Phillips 66 (PSX) was spunoff from the parent company of Conoco (COP) to create value for shareholders. Phillips 66 is now comprised of the refining and pipeline business while Conoco...