Public vs Private firms and SPDRs explained
A public company sells stock via an IPO and must disclose quarterly earnings and a range of financial details to shareholders and the public. Privately owned firms need disclose little. Spiders or SPDRs are S&P 500 ETFs traded as shares on the AMEX under SPY, offering index-like exposure with low minimums.
MENTIONED IN THIS ARTICLE
Securties and Exchange Commission
SEC
Standard & Poor
American Stock Exchange
Erm Fool
Our Oui Mission on Emergency Funds and Cash Cushions
A Motley Fool advisory stresses building a cash cushion of three to six months of income in liquid accounts like savings, money markets, or CDs. It links this fund to job loss risk and unexpected expenses, warns against relying on high interest credit, and points readers to further guidance and Consumer Reports recommendations.
MENTIONED IN THIS ARTICLE
The
Bee
fooLcom/savings. fm
Consumer Reports
Janet Barford
Elzabethan
My Smartest Investment Paychex Payoff
A former advertiser recalls buying 100 Paychex shares as the IPO arose and riding splits to about 4,300 shares after 15 years. He notes early gains from holding but warns that investing before a track record carries risk. The column urges lessons learned and invites reader submissions of investment stories.
MENTIONED IN THIS ARTICLE
New York
Paychex
Joan Bruno
Whispering Pines
N.C
the Foot
Church & Dwight poised for steady growth on acquisitions
Church and Dwight Co. NYSE CHD, maker of Arm & Hammer and Trojan, posts a dividend boost with 102 years of payouts and expects 13 percent EPS growth in 2003 as it digest acquisitions Carter-Wallace and USA Detergents. Projected 2003 sales around SI billion with 5 percent growth. margins to rise from cost savings while high margin products lift gains.
MENTIONED IN THIS ARTICLE
Church & Dwight Co
Arm & Hammer
Arid
Trojan
First Response
Nair
Carters
Brillo
Carter- Wallace Consumer Products
USA Detergents
Church & Dwight
Name That Company From 19th Century Beginnings
A cereal maker founded in Battle Creek Michigan in 1894 for toasted corn flakes. It launched All-Bran in 1916 and introduced Pop-Tarts, Froot Loops, Nutri Grain, Smart Start, Kashi and Morningstar Farms. It acquired Keebler Co in 2001 adding elves to a 15 000 payroll.
MENTIONED IN THIS ARTICLE
Battle Creek
Mich
Rooster
Cornelius
Tony
Morningstar Farms
Keebler Food Co
Laidlaw's rise from trucking to global transport empire
Last week’s trivia recalls Laidlaw founded in Ontario in 1924 as a trucking service. It grew into a holding company for North America’s largest school and intercity bus operators, transit, ambulance, and hospital management services, plus tour buses. By the 1990s it shed waste divisions, bought Greyhound Lines, filed for Chapter 7 bankruptcy in 2001, and aimed to emerge this year. It employs about 190,000 and generates over $4 billion annually.
MENTIONED IN THIS ARTICLE
Ontario
Canada
North America
Greyhound Lines
Laidlaw
Fool
Fool.com
P.O. Box
Alexandra
Diversification key for mutual funds says Morningstar
Don Phillips of Morningstar urges investors to build truly diversified portfolios rather than chasing standout funds. He notes funds can overlap in style and sector, so tools to analyze investment style and sector exposure will help advisers assemble complementary portfolios and avoid tech-bubble mistakes.
MENTIONED IN THIS ARTICLE
Don Phillips
Morningstar Inc
Chicago
Phillips
Morningstar
Standard & Poor
Why stock in bankrupt firms may be canceled on reorganization
In bankruptcy the firm’s assets are divided to satisfy creditors with secured debt paid first. If assets are exhausted before common stock, the stock has zero value and may be canceled. new stock is issued in the reorganized entity. Investors should not expect post bankruptcy stock value.
MENTIONED IN THIS ARTICLE
Humberto Cruz
Susan Ferris Wyderko
Michelle Singletary
Kmart
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Lia
Pate Cohopee
R.A. Marinette
D.H
Batavia, NY
Aisha
Church
Dwight
Sese
Tee
Price
Bankruptcy Court
Sec.gov
Jane
Joe
Singletarym
Washpost
Washington Post
15Th St
N.W
Washington, D.C
the Color of Money
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