Seth Rosenwasser from Thomson Financial's Corporate Advisory Services group discusses corporate use of cash. Transcript: Cash and cash equivalents for the S&P 500 hit record year-end highs in 2007. With all this cash on the books; with rates of return on cash accounts so low; and with investors asking for cash to boost their own returns at the same time they're looking to lower the risk of their investments, companies now face difficult choices in their capital allocation planning. I'm Seth Rosenwasser, from Thomson Financial, discussing corporate use of cash. What's the best use of your company's cash in these uncertain markets? Will it make sense to hold cash on the balance sheet or invest in the company, or is it better to return cash to investors? Remember, once you decide whether to invest in the business or return cash to investors, you must chose the best means of executing on that strategy. If you're planning on reinvesting in your company, will you put your cash toward capital improvements and expenditures? Do you increase your working capital, or keep more money in rainy-day cash accounts? Or do you want to consider using cash for M&A, as part of your long-term growth plan? Similarly, if you chose to return cash to your investors, you must decide whether it makes sense to pay down debt, to pay a dividend, or to begin a share buyback program. There are pros and cons to each decision, and corporate officers must carefully weigh three things -- investor preferences, historical trends, and current market conditions -- before identifying their cash use strategies. The first consideration, investor preferences, requires companies to drill down to the fund ownership level. From there, IROs can ascertain whether their shareholder base is composed mainly of yield and value-oriented investors, who may prefer a dividend, or growth and momentum oriented investors, who may prefer a buyback or even increased spending on new projects. The second consideration, historical trends, must be examined carefully at the industry level. Information technology firms, for example, generally bought back stock through the mid 2000s, but as these companies became more well-established, many began to turn towards dividends. Finally, current market conditions must be a strong consideration in any capital allocation plan. Right now, banks are tightening their lending standards, making it harder for companies of all sizes to get quick access to cash, so it may make sense to consider hoarding some cash until the economy strengthens. We'll be continuing our series on Cash Use trends over the next few weeks, and will examine the pros and cons behind different capital allocation plans, so stay tuned for our future installments. In the next few weeks, we will also be releasing a white paper that examines historical and industry cash use trends. For now, I'm Seth Rosenwasser, and thank you for joining us here at Thomson Financial.

Author: ThomsonFinancial
Keywords: Thomson Financial Corporate Advisory Services Strategic Research Investor Relations Seth Rosenwasser Cash
Added: April 8, 2008

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Corporate Advisory Insight: Corporate Use of Cash

Seth Rosenwasser from Thomson Financial's Corporate Advisory Services group discusses corporate use of cash. Transcript: Cash and cash equivalents for the S&P 500 hit record year-end highs in 2007. With all this cash on the books; with rates of return on cash accounts so low; and with investors asking for cash to boost their own returns at the same time they're looking to lower the risk of their investments, companies now face difficult choices in their capital allocation planning. I'm Seth Rosenwasser, from Thomson Financial, discussing corporate use of cash. What's the best use of your company's cash in these uncertain markets? Will it make sense to hold cash on the balance sheet or invest in the company, or is it better to return cash to investors? Remember, once you decide whether to invest in the business or return cash to investors, you must chose the best means of executing on that strategy. If you're planning on reinvesting in your company, will you put your cash toward capital improvements and expenditures? Do you increase your working capital, or keep more money in rainy-day cash accounts? Or do you want to consider using cash for M&A, as part of your long-term growth plan? Similarly, if you chose to return cash to your investors, you must decide whether it makes sense to pay down debt, to pay a dividend, or to begin a share buyback program. There are pros and cons to each decision, and corporate officers must carefully weigh three things -- investor preferences, historical trends, and current market conditions -- before identifying their cash use strategies. The first consideration, investor preferences, requires companies to drill down to the fund ownership level. From there, IROs can ascertain whether their shareholder base is composed mainly of yield and value-oriented investors, who may prefer a dividend, or growth and momentum oriented investors, who may prefer a buyback or even increased spending on new projects. The second consideration, historical trends, must be examined carefully at the industry level. Information technology firms, for example, generally bought back stock through the mid 2000s, but as these companies became more well-established, many began to turn towards dividends. Finally, current market conditions must be a strong consideration in any capital allocation plan. Right now, banks are tightening their lending standards, making it harder for companies of all sizes to get quick access to cash, so it may make sense to consider hoarding some cash until the economy strengthens. We'll be continuing our series on Cash Use trends over the next few weeks, and will examine the pros and cons behind different capital allocation plans, so stay tuned for our future installments. In the next few weeks, we will also be releasing a white paper that examines historical and industry cash use trends. For now, I'm Seth Rosenwasser, and thank you for joining us here at Thomson Financial.

Author: ThomsonFinancial
Keywords: Thomson Financial Corporate Advisory Services Strategic Research Investor Relations Seth Rosenwasser Cash
Added: April 8, 2008

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High Yield Dividend Plays: TFN 60-Second Buzz 02/27/08

http://www.todaysfinancialnews.com -- Have your cake and eat it too! Stephen Oakes reviews the rate cuts by the Fed, possibility of a recession, and a way to mitigate investment risk. To watch the latest FREE TFN Hot Stock Pick of the Week video, please follow this link: http://www.todaysfinancialnews.com/videos/?channelID=15&showID=515

Author: TodaysFinancialNews
Keywords: Stephen Oakes rate cuts Feds Federal recession investment Today's Financial News Finance TFN
Added: February 28, 2008

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'O' is for Outstanding Yield (Morningstar)

Disciplined management and dividend strength make this REIT a good bet, says Morningstar's Pat Dorsey.

Author: MorningstarInc
Keywords: Morningstar Morningstar.com Investing Stocks Mutual Funds Option Pat Dorsey Realty Income
Added: February 27, 2008

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Squawkbox: On The Radar 10-26-07

Squawkbox market analysis with Mike Tarsala from Thomson Financial Transcript: I'm Mike Tarsala with Thomson Squawk Box, with your weekly On the Radar Report. Bank of America, the largest financial company by market cap, is starting to get some attention as a value play. We see $46 as a make-or-break price for this important banking sector stock. Given continued weakness in financials, we can't give Bank of America shares a full endorsement. But here are the top 5 reasons for value players to take a look at this stock: Number one: Eliminating 3,000 positions should improve margins. Number two: The dividend yield on the stock is 5.5% versus the 10-year at 4.3%. Number three: A long-term uptrend dating to December 2000 remains intact if it can stay above $46. Number four: The stock is very low risk based on the Thomson Ratings system; and it scores a 9 out of 10 overall. Number five: There are no other big shoes left to drop in the financial sector. All the majors have now reported. And the negative sentiment in the sector could be abating. For 5 additional reasons, and for expert commentary all day long, visit Thomsonsquawkbox.com.

Author: ThomsonFinancial
Keywords: Squawkbox thomson financial TF Mike Tarsala On the radar market analysis bank of america layoff 3000 finance
Added: October 29, 2007

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QualityStocks Daily Video 02/07/2007

Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Rankin and for Wednesday, February 7th.... we're bringing you the latest news from around the markets as well as the top movers to look out for today... In Headline News Today... For a second straight day, stocks looked lethargic as the lack of catalysts this week continues to leave investors indecisive about the sustainability of last week's impressive rally. Even with Fed Chairman Bernanke's testimony out of the way around 1:30 ET, which made no mention of interest rates or the economy, investors struggled to find much incentive to more aggressively get back into a market ripe for a pullback on the heels of the S&P 500's best weekly performance since August. Of the five sectors closing higher, Utilities turned in the best performance as falling bond yields made dividend-paying stocks more attractive. The Dow Jones Utilities Index was up for the seventh straight day and closed at an all-time high. The rate-sensitive and much more influential Financials sector, though, provided the bulk of market support that merely helped the S&P 500 claw back after falling for the first time in five days. Among the five sectors losing ground, Technology was the day's most influential laggard. A Q3 revenue warning from National Semiconductor (NSM 22.71 -0.61) Monday night gave investors another reason to rotate out of semiconductor stocks. Energy was another disappointment as the sector failed to benefit from a late-day rebound in crude. In Our Small Cap News today... Aladdin Beverage the exclusive importer of Devassa Beer announced they have unveiled its new commercial via YouTube which has created market place buzz in a time when companies are forking over Millions of dollars for a 30 second Super Bowl Commercial. Companies are utilizing You Tubes built in audience to test consumer reaction to the ad in the US before running on mainstream TV. Aladdin Beverage recently signed a deal with the Devassa Brewery for the exclusive rights of the brand in the US. Aladdin Trading is a leading fine craft beer and ale importer serving the North American markets. (ADTJ.PK) previously at $0.26 a share Aladdin opens this morning up 53% at $0.40 a share with close to half a million shares traded by Tuesdays close. Conspiracy Entertainment Holdings Inc. announced today that the company intends to develop games for Nintendo's latest innovation, the Wii(TM) gaming platform. The Wii video game system is receiving rapid market acceptance and represents an exciting evolution in the explosive video game market. Conspiracy currently publishes games for Nintendo Gameboy Advance, Nintendo Game Cube and Nintendo DS platforms as well as many other hardware platforms. (CPYE.OB) previously at $0.13 a share Conspiracy opens today up 30% at $0.17 cents a share with close to 1 million shares traded by Tuesdays close. Magellan Energy Ltd. announced today its corporate update for quarter one 2007 They currently has an option to acquire up to 200 low producing oil wells located in the domestic United States. They are weighing which of the options it wishes to trigger and will be looking for the wells that will offer the most cost effective and profitable returns. They also announced that they will also be focusing on some potential acquisitions of exploration properties that would yield significant interest within the Oil and Gas community. Magellan Energy Ltd. is a growing and experienced energy company focused on acquiring and partnering with existing producing junior properties in North America. (MGLC) previously at $0.65 a share Magellan opens up 69% today at $1.10 a share. And that's it for the news makers... Be sure to join us every market day for the latest commentary... on small cap to large cap and everything in between brought to you by Quality Stocks. Net. Also be sure to watch for "The QualityStocks Daily Newsletter" available each trading day through QualityStocks.Net. Thank you for tuning in, I'm Cathy Rankin. Have a great day and we'll see you tomorrow, right here on the daily report. Please see Disclaimer on site: http://Disclaimer.QualityStocks.net

Author: QualityStocks
Keywords: stocks investment qualitystocks daily video report The QualityStocks Daily Video Investment QualityStocks.Net
Added: September 1, 2007

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QualityStocks Daily Video 6/5/2007

Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Rankin and for Monday June 4th we're bringing you the latest news from around the markets as well as the top movers to look out for today... (HEADLINE NEWS) In Headline News Today... With the Dow and S&P 500 finishing a holiday-shortened week in record territory, it wasn't surprising to see another sell-off in China create some nervousness in early trading. The market's bullish momentum resurfaced late in the day, though, and once again, the major indices ticked higher, albeit in modest fashion. Overnight, the Shanghai Composite plunged 8.3%, its biggest one-day decline since the 8.8% drubbing in late February that caused widespread panic. However, the recognition that the China sell-off was a localized affair, and a drop in market rates closer to home, proved to be mitigating factors for investors. After climbing 10 basis points last week as expectations of a Fed easing continued to fade, the yield on the 10-year note fell four basis points Monday. The rate-sensitive Financials sector, which had been noticeably weak early in the session, managed to pare its loss to a 0.1% decline and provided a spark for the afternoon rebound effort. Of the five sectors closing higher, Energy paced the way. It gained 1.3% in sympathy with oil prices which jumped 1.6% on top of Friday's 1.7% surge Technology was also an influential leader to the upside. Apple was a notable source of sector support after it confirmed June 29 will be the launch date for its highly anticipated iPhone. Firdays gains were led by the energy and materials sectors. The only sectors to suffer a loss were telecom services and utilities - two areas known for their favorable dividend yields, which don't look quite as favorable as they used to with the yield on the risk-free 10-year note pushing 5.00%. The sector's best performer, though, was Solectron Shares soared 15% after rival Flextronics said it will acquire SLR for $3.6 bln. Avaya surged 4% following reports that TPG and Silver Lake Partners are nearing a deal to buy it for roughly $7.8 bln. The Industrials sector also contributed to the S&P 500 finishing in record territory for a fourth straight day after Dow component General Electric was mentioned favorably in Barron's. Consumer Staples closed slightly lower, but an upgrade-induced 3.4% rally in the sector's third most influential constituent -- Wal-Mart -- helped the Dow log its 27th record close this year. And now for our Small Cap News... brought to you by nascent Food Service Inc Nascent Food service, Inc. (NCTW.OB) Nascent Wine Company, Inc. is one of Baja Mexico's largest food distributors, marketing and distributing over 1,400 national and proprietary brand food and non-food products to over 1,000 customers. American Racing Capital, Inc. announced early last month that the company has completed all due diligence regarding the Music City Motorplex in Nashville. American Racing Capital entered into a contract through its majority-owned subsidiary, Motorsports & Entertainment of Tennessee ("MET"), to purchase a majority share of LJ&J Enterprises of Tennessee Inc. American Racing Capital, Inc. is a company specializing in Motorsports, as well as motorsports sponsorship activation services and product licensing agreements, which are highly specialized promotional services in the racing industry. Bally Total Fitness shares were boosted today on the news that Bally's has closed the sale of its Toronto, Canada facilities to Extreme Fitness, Inc. and GoodLife Fitness Centres Inc. Bally's recently announced plans to file for Chapter 11 bankruptcy, in a move to restructure its debt, with the completion of the reorganization to be settled within 60 days of filing its bankruptcy petition. The sale of the companies Canadian facilities yields Ballys net cash proceeds of approximately $18 million. And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily. Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you next week, right here on the daily report. Please see Disclaimer on site: http://Disclaimer.QualityStocks.net

Author: QualityStocks
Keywords: stocks investment qualitystocks daily video report The QualityStocks Daily Video Investment QualityStocks.Net
Added: August 23, 2007

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QualityStocks Daily Video 6/4/2007

Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Rankin and for Monday June 4th we're bringing you the latest news from around the markets as well as the top movers to look out for today... (HEADLINE NEWS) In Headline News Today... The stock market got what it hoped for on Friday as a batch of economic data painted a picture of growth and moderating inflation. However, it was slow to capitalize on that news as it kept a watchful eye on the Treasury market where the yield on the benchmark 10-year note came within striking distance of 5%. By the end of the day, though, the bulls had scored another victory as each of the major indices logged a modest gain that got the month of June off to a positive start There were other sources of support, too, on the corporate front. In particular, Dell posted better than expected first quarter results, Wal-Mart announced a $15 billion share repurchase plan, and the Bancroft family is reportedly now open to considering a buyout offer for Dow Jones from Rupert Murdoch's News Corp. The combination of these developments succeeded in keeping selling efforts in check, as did the expectation that Monday will be highlighted by another round of deal making. Firdays gains were led by the energy and materials sectors. The only sectors to suffer a loss were telecom services and utilities - two areas known for their favorable dividend yields, which don't look quite as favorable as they used to with the yield on the risk-free 10-year note pushing 5.00%. And now for our Small Cap News... brought to you by Compress Technologies, Inc., (CTLG.PK) Compress Technologies, Inc., (CTLG.PK) is a Nevada based technology company who has garnered a group of patented and protected core technology solutions designed to greatly improve the efficiencies of bandwidth and network topographies for the Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Bootie Beer Corporation announced yesterday that the company has filed an amendment to the Company's Articles of Incorporation to change the Company's name to TMT Capital Corporation. Bootie Beer Corporation will continue to operate as the first operating subsidiary of TMT Capital Bootie Beer Corporation is a brewer and producer of malt beverage products. The Company selected its brewing venue of La Crosse, Wisconsin due to the unique availability of ultra-pure artesian water that can be drawn from the local wells, resulting in a superior brewing process and product Hidalgo Mining International (HMIT.PK) announced that it has received a formal offer from Consolidated Mining and Mineral (CMM), to purchase all the outstanding and issued stock of HMIT for a consolidated purchase price of $2.15 per share. If the offer is finalized CMM will immediately own the mining rights to the Northern Mexico Coal Property which encompasses nearly 300M tons of discovered and tested coal. Hidalgo also announced plans to construct a high-tech coal washing plant located directly on site at its Northern Mexico coal property. Sun Cal Energy Inc. (SCEY.OB) shares were boosted on the announcement the company has completed successful drilling and testing of its deep development well in Washita, County, Oklahoma . Collection and evaluation has been completed on the Sturgeon 1-11 well, and has been deemed commercially viable Marathon Oil will commence assembly of a more permanent drilling platform to support well completion on the Sturgeon 1-11 well, and is estimated to spend an additional $4 million for oil and gas extraction. Sun Cal Energy Inc. is a publicly traded independent oil and gas exploration company And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily. Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you next week, right here on the daily report. Please see Disclaimer on site: http://Disclaimer.QualityStocks.net

Author: QualityStocks
Keywords: stocks investment qualitystocks daily video report The QualityStocks Daily Video Investment QualityStocks.Net
Added: August 17, 2007

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