Leveraged Stocks Show Wider Fluctuations in Earnings
Highly leveraged corporations with fixed income obligations magnify earnings volatility. When overall earnings rise or fall, per share profits swing more than in firms with little or no debt. The discussion contrasts high yield versus high quality utility stocks and notes market rates for one year treasuries and long term bonds.
MENTIONED IN THIS ARTICLE
Treasury Bond Market
Claim Auto Seat Belts Reduce Injuries in Crashes
In this column Dr. Andelman urges all drivers to buckle up on every trip even short city drives. He notes one third of fatal crashes happen within 25 miles of home, and unbelted rear seat passengers risk being thrown forward. He advocates shoulder belts and infant seats, stresses supervising children, and invites letters for future columns.
MENTIONED IN THIS ARTICLE
American Automobile Assn
Ake
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Sam Shulsky
Wall Street Transcript
American Electric Power
Detroit
General Public Utilities
Kangar Gas and Electric
Middle South Utilities
Northeast Utilities
Pacific Gas and Electric
Philadelphia Electric
Potomac Electric Power
Southern Co
Union Electric Power
Commonwealth Edison
Duke Power
Northern States Power
Public Service of Indiana
Tampa Electric
Wisconsin Electric Power
Ernest S. Liu
Goldman Lewis
Ton Ein
Fey
Big George
Virgil Partch
Rey
Defies
Raphbe
United Tastes OF America
Eyears
NEA
Orm Athe
Smulekoffs
Graduution
Dune