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Company share buyback also falsely inflates the price of the stock since less shares are in circulation. Not necessarily a vote of confidence in the boardroom rather than keep the shareholders happy.
There's good reasons and bad for share buybacks by companies. Share buy backs
That's true - but combined with the fact that sales and profits are up and hiring is starting to resume, I'd take it as a positive trend.
I'd suggest you stop reading the propaganda and get with the progam. I can tell you as someone currently laid off and looking for employment, that the feedback I am getting is that employers are either 1) hiring part time
2) dividing duties among current employees to avoid hiring full time. This is what I am running into time and time again.
Are you saying that the stats, and/or the article, are made up?
Are you saying that the stats, and/or the article, are made up?
You know all the press plays the spin game. Take one good number among 10 bad ones and play it up. Same goes the other way..take 1 bad number among 10 good ones and play it up.
The press is a propaganda machine.
I look at annual reports. Revenue vs income vs expenses vs inventories.
I don't pay stock to employment agencies.
You know all the press plays the spin game. Take one good number among 10 bad ones and play it up. Same goes the other way..take 1 bad number among 10 good ones and play it up.
The press is a propaganda machine.
I look at annual reports. Revenue vs income vs expenses vs inventories.
I don't pay stock to employment agencies.
You know all the press plays the spin game. Take one good number among 10 bad ones and play it up. Same goes the other way..take 1 bad number among 10 good ones and play it up.
The press is a propaganda machine.
I look at annual reports. Revenue vs income vs expenses vs inventories.
I don't pay stock to employment agencies.
LOL
Did you read Caterpillar's?
How about Cisco's?
Berkshire Hathaway's?
Intel's?
Home Depot's?
Lowes?
As I said, there's a reason the stock market's on a roll. Sales and profits of ALL these companies (and many many more) are performing better than expected.
"More than 73 percent of S&P 500 companies that have reported fourth-quarter profit beat analysts’ estimates, the second-highest percentage since Bloomberg began tracking the data in 1993. A record number of companies exceeded forecasts the previous earnings season."
Yup.
It's what I've been saying for MONTHS now. The thing is, as an old fart - and a student of history (intended to teach it at one time) I've seen these things happen before and the same malaise that's hovered over the country like a fog of doom is the same malaise I saw in the later Carter and early Reagan years - a feeling that "this time is different, this time it will take DECADES to recover". It was silly BS THEN and it's silly BS NOW (it's understandable BS - but it's STILL BS). "The economy WILL recover - and likely faster than most people think" - I have said that myself several times now on this board - and I stand by it. Now that is being echoed here in your article:
"Not only will job growth return sooner than most observers expect, the CEO predicts high-paying jobs for skilled workers will be created in growth industries such as health care and biotech, energy and alternative energy, security and by companies able to tap into the explosive growth in emerging markets."
If you want to see the changes coming to the unemployment rate, one needs only look at the DRAMATIC change in the GDP over the last 4 quarters - from -6.4% to -.7% to +2.2% to +5.9%. That's 12.3 point change in a year - a huge (and rapid) improvement - and one that points to an almost inevitable increase to come in hiring.
LOL
Did you read Caterpillar's?
How about Cisco's?
Berkshire Hathaway's?
Intel's?
Home Depot's?
Lowes?
As I said, there's a reason the stock market's on a roll. Sales and profits of ALL these companies (and many many more) are performing better than expected.
"More than 73 percent of S&P 500 companies that have reported fourth-quarter profit beat analysts’ estimates, the second-highest percentage since Bloomberg began tracking the data in 1993. A record number of companies exceeded forecasts the previous earnings season."
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