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April 2009



Did Wells Do Well?

April 22, 2009 – Comments (1) | RELATED TICKERS: WFC

Wells Fargo surprised no one this morning by reporting nearly the same earnings they had pre-announced earlier this month; $3 billion in the pre-announcement, $3.05 billion in the earnings report.  [more]



Citi’s Turn to Shine

April 17, 2009 – Comments (4) | RELATED TICKERS: C

Following the Wells Fargo earnings beat pre-announcement and strong reports from JP Morgan and Goldman Sachs, investors were interested to find out if Citigroup (C) could make good on CEO Vikram Pandit’s promise of strong results last month.  [more]



Searching the forest for income

April 03, 2009 – Comments (6) | RELATED TICKERS: PCL.DL

Besides having a great sounding name, Plum Creek Timber (PCL) owns over seven million acres of timberland throughout the US.  PCL’s primary source of revenue is selling wood and wood products.  Additional revenue is generated from minerals, natural gas and leasing rights-of-way.  The company owns four mills (one is being closed in 2009), two plywood plants, two medium density fiberboard plants and two lumber remanufacturing facilities.  Buying and selling property as opportunities present themselves generates additional revenue.    [more]

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