Our Missouri state government is concerned about a downtrend in its collection of tax revenues. I decided to check the reported statistics to identify the source for this worry. That did not take very long. On May 20, 2014, Governor Nixon announced he would withhold $35.1 Million in higher and [...]
Last week, AbbVie (symbol ABBV) announced it will change its corporate citizenship to the United Kingdom along with news of its acquisition of Shire (SHPG), a specialty biopharmaceutical company headquartered in Ireland. AbbVie is the research part split off in 2013 from Abbott Laboratories, the large cap Chicago based healthcare [...]
Today let’s look at a number of issues while the stock part of financial markets continues to perform its dance routine, one step forward and then one back. For the year thus far through Monday the 19th, the S&P 500 was only higher by 1.99 percent, the Dow 30 Industrial [...]
Some things never change. In our day of the thoroughly modern Federal Reserve Bank, Mr. Market hangs on every word, every nuance, every implied hint from the Chairperson. What I understand is this: Although the Fed will continue to buy fewer bonds from (lend money to) the US government each [...]
Successful businesses do the little things. Ron's weekly Examiner column highlights what one company has done to remain successful. I'm sure this company isn't letting the government shutdown affect them. http://bit.ly/19kaaSM
Why do we allow companies to have any profit at all? Independence, MO — If a company makes a profit, doesn’t that mean that it charged more than it should have for its products? This fiscal year ending Sept. 30, our federal government will pay out $2.2 trillion just for safety [...]
