United Illuminating stock seen as solid income play
An investment note highlights United Illuminating in Connecticut as a potential income stock for a modestly comfortable 86-year-old investor seeking occasional risk. It cites a $2.88 dividend yielding about 9.5 percent at a $30 price, a rocky balance sheet but improving fundamentals, cost cuts, and an expected 3.40 earnings this year with possible legislative support and a forthcoming 1100 megawatt plant completion around 2000.
MENTIONED IN THIS ARTICLE
United Illuminating
Connecticut
United
Bridgeport
New Haven
Seabrook
Noncore
Lasuy
Fidelity survey shows 401(k) savers outperforming the public
Fidelity marks 15 years of its 401(k) with a survey of 504 long term holders. Over half rate their savings B or higher and most have accumulated substantial sums, with 31 percent above 100000 and 21 percent under 10000. The average respondent is 43 and has saved for 9.3 years.
MENTIONED IN THIS ARTICLE
Fidelity Investments
Fidelity
Public Agenda
New York
Trutumlegm Hd Abbey Diy
Deabadee
Tay Research
Scudder
Cutting the grocery bill with bulk buys and meal prep
The adviser confirms a strict grocery budget and suggests cutting convenience foods, buying in bulk, and trimming nonessential items. She recommends an urban garden or farmers markets for fresh produce, prep and freeze whole meals, use coupons, and limit cleaning and personal care products to essentials. For help, she cites Cornell Cooperative Extension and Consumer Credit Counseling Service contacts.
MENTIONED IN THIS ARTICLE
Cat Cornell Cooperative Extension
HUD Title I loan advertising rules curb contractor abuses
HUD proposes standards to prevent deceptive advertising by home improvement contractors, lenders, and marketers promoting Title I loans. The rules require clear source indication, accurate program descriptions, and lender approval of dealer ads to protect homeowners from misleading claims.
MENTIONED IN THIS ARTICLE
Department of Housing and Urban Development
Better Business Bureau
HUD
Advertiser
Small Cap Oakmark fund proves value investing edge
Oakmark Small Cap fund, with about 50 stocks and $625 million, beat the S&P 500 by 17 percentage points this year and earlier topped it by 41 points in 1992 through a classic value approach. Manager Steven Reid notes the fund may close if assets exceed $750 million to preserve its small cap focus.
MENTIONED IN THIS ARTICLE
S&p
Oakmark
Oakmark Fund
Standard & Poor
Robert Sanborn
Luckie Vedi
Buen
Vaile x
Small Cap
Oakmark Officals
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