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.

Source:

A Few Preliminary Q4 Stats, And Observations
Investing Insights Blog
By: Howard Silverblatt
February 12, 2011
http://www.businessweek.com/investing/insights/blog/archives/2011/02/a_few_preliminary_q4_stats_and_observations.html