Sony Corp. The rising electronics titan and MGM buyer
Last week's trivia reveals Sony Corp as the global electronics giant formed in 1946 from a Tokyo store corner. From repairing radios to owning 913 subsidiaries and 70 plus billion dollars in annual revenue, Sony now leads in consumer electronics, motion picture and TV production, music, and has recently acquired Metro-Goldwyn-Mayer.
MENTIONED IN THIS ARTICLE
Tokyo
Metro-Goldwyn-Mayer
Sony Corp
Boston Market stock saga and a cheap lesson
A reader recounts buying Boston Chicken stock at about 70 cents before bankruptcy and rapid reorganization. He sells after learning the stock would go extinct, netting about 24 dollars with 19.99 to the broker. The Fool notes such low prices tempt investors despite greater risks, citing McDonald’s eventual purchase of Boston Market.
MENTIONED IN THIS ARTICLE
Boston Chicken
Boston Market
Brett
Austin
Texas
McDonald's
Death care industry's steady gains lure investors to Stewart
Stewart Enterprises, a top death care firm with 234 funeral homes and 145 cemeteries, posted a 4.2 percent quarterly revenue rise but an 8 percent rise in expenses and a 4 cent per share loss. After accounting for a $30 million debt payoff charge, gross margin rose 7 percent. With an ongoing dividend of about 1.6 percent and share buybacks, Stewart trades below book value and could outperform if management sustains shareholder value.
MENTIONED IN THIS ARTICLE
Stewart Enterprises
STEI
Service Corp
SCI
Alderwoods Group
Before Carriage Services
Stewart
The Fool School on Renting versus Owning Stocks
The piece argues renters build nothing of lasting value while homeowners gain equity, noting renting may make sense if you won’t stay long or markets are overpriced. It warns against rapid stock trading as speculation rather than investing, since short term moves are unpredictable.
Stop renting start owning a lesson from investor behavior
A study of 66 000 investor accounts from 1991 to 1996 shows turnover rates vary widely. The least active group turned over about 1.44 percent yearly, while the most active averaged 283 percent. Active trading correlated with poorer returns by over 5 percentage points annually, even before taxes. Advocates urge choosing strong growing companies and holding long term.
MENTIONED IN THIS ARTICLE
Terrance Odean
Brad Barber
Odean and Barber
Tax Write Off for Stock Losses and Carryovers
If you incur a net stock loss after offsetting capital gains you can deduct up to 3000 dollars from your income per year. Any excess can be carried forward to the next year. In the 25 percent bracket a 3000 dollar deduction reduces taxable income by 3000 dollars and saves 750 dollars in tax.
MENTIONED IN THIS ARTICLE
T.H
Santa Rosa
Callf
Will I Lose My Investment If a Company Goes Bankrupt
A reader asks about tax loss and investing in bankrupt firms. Experts explain you may incur a significant hit but not guaranteed losses. assets may be sold or a new owner may buy the company, leaving shareholders last in line for any proceeds after creditors and preferred stock.
MENTIONED IN THIS ARTICLE
B.N
Dover
N.H
Texaco
Coral Gables Introduces Pay by Phone Parking System
Coral Gables inaugural U S city to offer pay by phone parking with Mint Inc service. Subscribers register a Visa or MasterCard, license plate, phone and email to log in at meters citywide. The system notifies when time nears end and can extend sessions up to 10 hours.
MENTIONED IN THIS ARTICLE
Miami
Coral Gables
Fla
Kamran Saraf
University of Miami
Miracle Mile
Saraf
Mari Molina
The
Gables Business Improvement District
Molina
Ing
William Carlson
Europe
Canada
U.S
Mich Ahern
Mint Inc
University of California
Mintinc.com
Visa
MasterCard
Mint
Carlson
Ahern
Chuck Fadely
Miami Herald
Experts advise on avoiding ATM fees while traveling to credit unions
Experts note many free ATM networks are dwindling with large banks blocking access. Ben Psillas of Allpoint links fee protections to network growth while Publix and Washington Mutual push surcharge free machines. Selective surcharge networks like CO-OP, Allpoint, MoneyPass, STAR exist, with urban areas facing higher fee growth and bigger networks sometimes charging more.
MENTIONED IN THIS ARTICLE
Ba of America
Ben Psillas
Allpoint Network
Bethesda, Md
Publix
Florida
Georgia
South Carolina
Alabama
Tennessee
Washington Mutual
Seattle
Co-Op
Ontario
Calif
Allpoint
Bethesda
MoneyPass
Fastbank Free
U.S. Bancorp of
Minneapolis
Star Network
Star If
Christopher Knittel
University of California At Davis
Victor Stango
Dartmouth Tuck School of Business
Knittel
Also Mentioned on This Page
Alexandria
Fool.com
Elaine de Valle
Knight Ridder Newspapers
the Gables Business Improvement District
Dayla Diaz
Diaz
Coconut Grove
Sheri Pollock
Wawa Inc
Pennsylvania
New Jersey
Delaware
Maryland
Virginia