prstout's Blog

$736 Billion, the Cost of Treasury Stock for 23 Issues

prstout — Wed, 23 May 2012 12:01:29 GMT

What Cost $736 Billion and is on the Balance Sheet?

How much of owner’s cash have the issues in the Dow Jones Industrial Average exchanged for treasury shares? 23 out of 30 issues display the cost for treasury stock on the balance sheet. While 16 out of 30 issues display the number of treasury shares held on the balance sheet. It is unclea...

Tea Party = Big Spenders?

prstout — Sat, 19 May 2012 22:04:13 GMT

The monthly treasury statement for the period ending April 2012 is most interesting.

The House of Representatives spending has increased $7 million from the prior year.

The Senate has reduced spending $3 million from the prior year.

The Office of the President reduced spending $87 million from the...

Yahoo: 1995 - 2011 Review.

prstout — Fri, 18 May 2012 07:22:16 GMT

Yahoo (YHOO) Review 1995 -2011

Long-term Yahoo investors find this information of interest.

What has happened to revenue, net income, dividends, share repurchases and long-term debt, for the 17 years, 1995 through 2011? To find out 10-k filings at http://www.sec.gov were reviewed.

CFA Institute: Answer Three Questions to Rebuild Trust

The CFA Institute is looking for ideas to rebuild investor trust in the financial markets. Source: www.cfainstitute.org/about/press/...

History Lesson: The Top 0.05% Paid 49% of the Taxes

prstout — Tue, 15 May 2012 10:13:24 GMT

History Lesson: The Top 0.05% Paid 49% of the Taxes .

What year was it, and where it did happen when?

6.56% of the population filed an individual tax return.

93.44% of the population did not file an individual tax return.

JPMorgan (JPM)

A $2 billion loss is pocket change or a drop in the proverbial bucket. JPM spends more money buying back shares.

Don’t get too excited about looking at one side of a hedge. And thinking oh my how could they do that. A hedge needs to be looked at in context, both sides: the long and short. They need to be netted out. Looking at o...

$1 Billion Out The Door

prstout — Fri, 11 May 2012 01:01:42 GMT

PMorgan (JPM)

$1 billion of cash out the door. No this is not related to tonights trading loss announcement.

The $1 billion was the amount of owners cash JPM provided to sellers of stock and warrants from 31 March 2012 to 30 April 2012. That is roughly $0.26 per share.

Treasury Stock: Measuring the Return on Investment

Shares repurchases should be considered an investment. And measured like an investment. The more recent balance sheet of seven issues was reviewed.

It should be noted that the cost of treasury stock might be understated, if a firm has retired treasury shares. The sec filings (10k & 10-q) wer...