Archive for May, 2008
Ship Finance releases 1st quarter numbers
Ship Finance International Ltd (SFL: 18.09 -0.08 -0.44%) came out with their formal 1st quarter earnings and conference call yesterday. This follows the announcement of a new mega-lease deal and dividend increase announcement a few days earlier. As expected Ship Finance had a fine quarter with good news for the future. First up, the dividend: [...]
Area home sales bounce back
Business – Area home sales bounce back – sacbee.com The area referenced in the title is the Sacramento region. I wrote a few days ago about some stabilization in the real estate market there, and this article from the Sacramento Bee is more positive news. The fact that caught my eye is that Sacramento county [...]
New Energy Finance – NEX – Week in Review
This is my weekly recap of the NEX index, the WilderHill Global New Energy Innovation Index. The NEX is tracked by the PowerShares Global Clean Energy Fund (PBD: 13.025 +0.125 +0.97%). The results posted here are for the week that ended last Friday (May 16). The NEX had a pretty spiffy week, gaining 6.3%, compared [...]
Ship Finance has some good news!
SFL – $850 million acquisition of an ultra-deepwater drillship and intention to increase quarterly dividend I have considered Ship Finance International (SFL: 18.09 -0.08 -0.44%) a core component of this site’s income portfolio. The press release above announces the single most expensive sale/leaseback transaction in maritime history. The benefit to SFL after interest and principle [...]
Selecting stocks for investment
I spent some time over the weekend scanning through the Fortune 100 Fastest Growing Companies for 2007 for companies that interest me. I would look at the company’s business, recent sales and earnings, and future earnings projections. No calculator, just an eyeball on growth rates vs. PE. It was interesting, since the list was compiled [...]
