Understanding price earnings ratios when a company posts a loss
A reader asks how to compute a price earnings ratio for a loss making company. The response: no P E ratio exists during losses. use latest 12 months earnings for a ratio when profitable, and beware forecasts. Also notes some stocks skip daily quotes if no trades occur or if NASD stops bid and ask quotes when prices fall far.
MENTIONED IN THIS ARTICLE
Wall Street
Youth Corps program hires Scottsdale youths for city work
Six high school students began jobs in the city parks and public works. Six more will be hired, with four boys from each of Scottsdale's three high schools. City officials say the program aims to keep youths in school and improve scholastic standing, with potential part time work after fall. Participants listed include Hatfield, Paulsen, Gamble, Sweerley, Smith, and Biles working in various city departments.
MENTIONED IN THIS ARTICLE
Howard Paulsen
New Hall Park
McDonald Dr
Granite Reef Rd
Scottsdale
Parks and Recreation and Public Works
Clarence Bigelow
Charles Holt
Bill Donaldson
Bigelow
Holt
Donaldson
Tom Hatfield
Scottsdale Rd
Tim Gamble
R. Exeter
Parks Department
Eddie Sweerley
E. Whitten
John Smith
Michael Biles
66Th St
China accuses USSR leaders of selling out to U.S. for Vietnam talks
Beijing marks the second anniversary of its feud with Moscow by accusing Soviet leadership of backing U.S. peace talks with Vietnam. The New China News Agency broadcast the critique, published in Peoples Daily and Red Flag, denouncing peaceful coexistence and praising ongoing ideological struggle.
MENTIONED IN THIS ARTICLE
Tokyo
UPI
China
Soviet Union
Kremlin
United States
Viet Nam
Peking
Washington
London
Paris
U.S
Judy Garland Hospitalized for Emotional Upset in UCLA Stay
Judy Garland aged 43 was admitted to UCLA Medical Center Neuropsychiatric Institute for observation after an allergic reaction to a drug. She was brought by ambulance from her Brentwood home and remained under care for several days with fever and a rash reported.
MENTIONED IN THIS ARTICLE
West
Los Angeles
Calif
UPI
Judy Garland
Ucla Medical Center
Neuropsychiatric Institute
Miss Garland
Brentwood
Forecast of Russian reform by 1970 shocks observers
French analyst Michel Garder of the Institute predicts a 1970 coup in Russia led by a reformist managerial class and a liberal socialist regime replacing the Communist party. He says the toppling would be a palace revolution aided by technocrats and possibly traitors from the party, police, and army.
MENTIONED IN THIS ARTICLE
Washington
UPI
Russia
Communist Party
Michel Garder
French Institute of Strategic Studies
U.S. News & World Report
Garder
Mao says China plans third and fourth nuclear tests
Tokyo sourced dispatch quotes Mao Tsetung saying Communist China prepares its third and fourth nuclear tests. He adds that China will not need to send volunteers to North Vietnam while North Vietnamese forces stay strong.
MENTIONED IN THIS ARTICLE
Tokyo
UPI
Kyodo
Qiorer
Doctor Linked to Phoenix Church Fire Spree
Police pursued arson links to Dr. Thomas Porter Walton after nine Friday fires caused about 50 000 in damage. Walton, held for mental evaluation, allegedly warned a minister that several churches should be destroyed while firefighters battled blazes including the Seminary Christian Church at 1415 N Seventh Ave. Detectives circulated his photos as a possible suspect.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Thomas Porter Walton
Maricopa County Hospital
Walesides
W. Mageland
Phowatt
Walton
Venus
Seminary Christian Church
Seventh Ave
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