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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Dec 02, 2001
Page
19
Pro forma refers to hypothetical financials showing a merged entity as if the combination occurred earlier, aiding assessment of ongoing health. Dollar cost averaging describes investing a fixed amount regularly to buy more shares when prices fall and fewer when prices rise, easing entry and budgeting.
The piece debunks common IRA myths and presents truths on eligibility for minors and stay at home spouses, contribution deadlines, early withdrawals exceptions, and MRDs for multiple traditional IRAs. It also explains rollover rules and directs readers to Fool and IRS resources, ending with a riddle about a German American vehicle conglomerate.
A Navy sailor recounts attending a so called investment seminar at sea that was really a crap game. He lost two weeks pay but gained a lasting lesson on recognizing and avoiding questionable investment plans. The Fool invites readers to share embarrassing lessons for a chance to win a Fool’s cap.
Tyson Foods, the largest U S chicken producer, has profits rising as breast meat prices lift margins. Since acquiring IBP in August, it commands about 28 percent beef, 25 percent chicken, and 18 percent pork market share, with major clients like Safeway and Wal-Mart, while merger synergies and cost savings are expected to boost sales across beef, chicken, and pork. Investor concerns on beef demand and IBP accounting remain but optimistic on integration.
The Motley Fool explains its mission to reveal investing truths with wit. It frames itself as a modern-day fool, meant to speak plainly to readers and help them grow wealth through informed choices.
The text identifies ConAgra as North America's top foodservice manufacturer and No 2 supplier to supermarkets with about 27 billion dollars in annual revenue. It lists Butterball as a top selling turkey brand and mentions brand names Orville Redenbacher Peter Pan and Chef Boyardee as attendees at its parties.
Airlines boost charges for children traveling solo with United raising to 60 dollars from 35 and Alaska adding 60 for connecting flights plus 30 for nonstop. Southwest remains the only major carrier without an extra kid fee. Hotels reply with emotional promos like Ritz-Carlton teddy bears and Wyndham milk and cookies as post 9 11 attitudes shift. Deutsche Bank Alex Brown finds more business fares on the market with 78 routes offering cheaper options, often nonrefundable and requiring short advance purchase. A JD Power survey notes a rise in travelers who are never comfortable flying after the Queens crash.
Wire reports say rental firms slash prices up to 35 percent to revive holiday sales. Compact cars under 30 dollars a day and minivans under 50 dollars entice travelers as dealers and a Raleigh Ford rental cut rates through January 2, with ongoing uncertainty about how long discounts will last.
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