December 30, 2013
The company: Jacobs Engineering Group Inc. Headquarters: Pasadena Ticker: JEC Employees: 48,600 Leadership: Craig L. Martin, chief executive since 2006 Fiscal 2013 revenue: $11.8 billion Fiscal 2013 net income: $423 million Stock price: $61.73 at Friday's close 52-week range: $41.50 to $64.27 P/E ratio: 17, based on estimated fiscal 2014 earnings Quarterly dividend: none
December 16, 2013
The company: Reliance Steel & Aluminum Co. Headquarters: Los Angeles Ticker: RS Employees: 14,000 Leadership: David Hannah, chief executive since 1999 2012 revenue: $8.4 billion 2012 net income: $404 million Stock price: $72.34 at Friday's close 52-week range: $59.16 to $76.78 P/E ratio: 17, based on estimated 2013 earnings Quarterly dividend: 33 cents, a current yield of 1.8%
December 15, 2013 |
On Dec. 1, 1948 - 65 years ago this month - Jose Figueres, then president of Costa Rica, made a fiery and eloquent speech, after which he took a sledgehammer and bashed a hole in a huge stone wall at the nation's military headquarters, Cuartel Bellavista. Its imposing towers and massive gates had loomed over the capital city of San Jose since 1917, the country's premier symbol of military power and the home of the "Tico" military establishment. Figueres was not just being a showman; he was announcing something truly extraordinary: Henceforth, Costa Rica would take the almost unheard-of step of renouncing its military.
December 4, 2013 |
Shareholder activist Carl Icahn said Wednesday he had informed Apple that he has submitted a proposal to let shareholders vote on a larger stock buyback. In a tweet Wednesday, Icahn wrote: "Gave $AAPL notice we'll be making a precatory proposal to call for vote to increase buyback program, although not at $150 billion level. " A "precatory" proposal is one that is considered an advisory measure, but not necessarily legally binding. Apple's annual shareholder meeting typically takes place in February. Icahn revealed his large stake in Apple this summer and said he would begin pressing the company to increase the size of the stock buyback.
November 7, 2013 |
WASHINGTON - More than five years after the government seized Fannie Mae and Freddie Mac, taxpayers are close to breaking even on the controversial bailouts of the mortgage finance giants. The companies said Thursday that they would make another set of large dividend payments to the Treasury after reporting third-quarter profits, continuing a turnaround fueled by the housing market rebound. Combined, the companies have received about $187.5 billion in bailout money, though none since early 2012.
October 27, 2013
The company: Wesco Aircraft Holdings Inc. Headquarters: Valencia Ticker: WAIR Employees: 1,200 Leadership: Randy J. Snyder, 63, chairman and chief executive Fiscal 2012 revenue: $776.2 million Fiscal 2012 net income: $92.2 million Stock price: $18.33 at Friday's close 52-week range: $12.04 to $21.17 P/E ratio: 15, based on estimated 2013 earnings Quarterly dividend: ...