Money Matters - Simplified


The 2 Greatest Stocks I Will Never Buy

 Most columnists will tell you to buy and hold "great" companies for the long term. Today I'm going to give you one crucial reason you should not blindly follow this advice. Yes, really. I am a long-term investor, but I believe the great company concept has been oversimplified throughout the years, and I want to end that misguidance now.

ESPN Zone workers sue for wages

Baltimore -- Former ESPN Zone employees claim they were underpaid after being laid off based on federal standards for companies with over 50 workers, court papers say.

The U.S. Worker Adjustment and Retraining Notification Act, commonly known as WARN, stipulates that workers in companies covered by the act be given 60 days notice before being laid off, The Baltimore Sun reported Tuesday.

Walt Disney Co., which owned the five ESPN Zone restaurants that were shuttered in June, has said it had met federal requirements when the business closed.

5 Companies You Can Buy Today

 There are many ways to value a company. Price to earnings. Price to cash flow. Liquidation value. Price per eyeballs on website. Price to a number I completely made up (this one never gets old). Price to CEO's ego divided by lobbying activity as a percentage of revenue (this one doesn't get used enough).

What Shorts Might Be Watching at Fossil

 There's no foolproof way to know the future for Fossil(Nasdaq: FOSL) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result. Rest assured: Even if you're not monitoring these metrics, short-sellers are.

Big three keeping an eye on fleet sales

Detroit -- As much as 30 percent of U.S. automobile sales this year will be sales to government or large companies -- fleet sales -- industry analysts said.

Ford Motor Co. said it was aiming to complete the year with 30 percent of its sales in the fleet sale category, which the industry considers a mixed blessing, The Detroit News reported Monday.

The News said Ford, with the largest percentage of fleet sales among the big three U.S. automakers, is trying to reduce its dependence on rental car companies, which help bolster some numbers, but come with the stigma that says the car in rental lots -- usually with limited features -- was a model that failed in dealer show rooms.

Should You Sell Broadcom Right Now?

Do You Trust the Earnings at Amedisys?

Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.

Is This Company About to Fail?

It wasn't that long ago that the credit market was exceptionally tight. In spite of (or perhaps because of) Uncle Sam's help, almost no company that actually needed a loan was able to get one from a private lender at decent rates.

Companies wait and see with cash in hand

New York -- The stockpile of cash held by U.S. corporations has grown sharply since mid-2008 but it has not benefited the economy or workers, economists said.

The run-up of cash has been available with Federal Reserve Bank interest rates so low that corporations can issue bonds at rates even less than 1 percent, which still beats the Fed's overnight lending rate of zero to 0.25 percent.

"They are benefiting themselves by borrowing and keeping this cash, but is not benefiting the economy yet," The New York Times quoted Credit Suisse economist Dana Saporta as saying Monday.

Canada offers India grain expertise

New Delhi -- Canada says it has offered its granary-building expertise to India to help it reduce food grain wastage due to poor storage facilities.

"Canadian companies which have expertise in building grain houses have been looking for Indian partners for building grain storage houses here," Canada Minister for Agriculture & Agri-Food Gerry Ritz said in New Delhi.

Citing tremendous scope for the two countries to work together in the fields of agriculture and food processing, Ritz said his country and India have already signed agreements on dairy and aquaculture projects, the Press Trust of India reported.