Thursday, February 17, 2011

Recent Company Actions Support Strong Market Advance

The recent financial actions by companies provide verification that corporate fundamentals have continued to strengthen. Howard Silverblatt of Standard & Poor's notes on his Bloomberg BusinessWeek blog, Investing Insights, that:
  • Dividend increases so far in Q1 2011 are very strong with the average increase equaling 22.65% and the median increase totaling 12.20%.
From The Blog of HORAN Capital Advisors
  • Cash has set 8 consecutive quarters of record cash levels: Q4 2008 – Q3 2010. Cash in Q4 2010 is coming in 3.6% ahead of Q3 2010.
From The Blog of HORAN Capital Advisors
  • 2011 sales estimates have been increasing over the past three weeks, with 2011 estimated to post a 12.1% gain 2010.
  • Earnings per share in Q4 shows a 29.5% gain over Q4 20’09. On a sequential basis Q4 EPS is only up 2.5% versus Q3 2010.

A Few Preliminary Q4 Stats, And Observations
Investing Insights Blog
By: Howard Silverblatt
February 12, 2011

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